Key highlights from this week:

• Thoreau Group to make a strategic growth investment in Ensemble Health Partners, a revenue cycle management platform for healthcare companies
• Abarca Health and LucyRx, two independent pharmacy benefit managers, announced a merger
• Altaris agreed to acquire Simulations Plus, an AI-enabled modeling and software platform to enhance drug development, for $375mm
• Vista Equity Partners-backed Model N acquired Kalderos, a healthcare technology company that provides software and analytics solutions to help pharmaceutical manufacturers
• Assort Health, an AI agents platform for the patient journey, raised $120mm in a Series C financing round led by Menlo Ventures, at a $1.2bn valuation
• Cadence, a digital health company for patients with chronic conditions, raised $100mm in a Series C financing round led by Spark Capital, at a $1.2bn valuation