The Grand Roundup: Novo-Hims partnership, UHS buys Talkspace, OpenEvidence's "Spotify of healthcare" strategy & Wiley partnership, and Idaho Microhospitals

The episode covers a busy Monday in healthcare and markets: Universal Health Services announced it will acquire Talkspace to expand outpatient behavioral health and virtual care, raising questions about Talkspace’s largely non‑W2 therapist model and the modest premium paid. Hims and Hers and Novo Nordisk unexpectedly reengaged after a broken partnership and lawsuit, with Hims curtailing compounded GLP‑1 advertising, Novo dropping its lawsuit, and Novo products expected on the platform, boosting Hims’ stock. Wiley’s AI-focused earnings call and partnership with OpenEvidence (including equity)CMS action against Elevance over risk-adjustment submissions via encrypted USB drivesHospital operators’ revenue growth driven mostly by price and coding intensityIdaho legislation targeting a freestanding ER’s heavy use of the No Surprises Act IDR processPrivate-market deals for FindHelp and Greater Good HealthThe collapse of New Mountain’s planned “Thoreau” spinoutOperational and financing challenges of scaling cell and gene therapies.For more from Health Tech Nerds, subscribe to our weekly newsletters: https://www.healthtechnerds.com/subscribe