STAT+: Sword Health to acquire Headspace, according to filing

Mario covers technology in health care, including FDA regulation of artificial intelligence; how Medicare pays for health tech; the use of AI in clinical care; mental health chatbots; and consumer wearables. He’s also the co-author of the free, twice weekly STAT Health Tech newsletter. You can reach Mario on Signal at mariojoze.13.Sword Health, a digital health company known for its AI-powered virtual physical therapy offering, plans to acquire mental health company Headspace, according to a regulatory filing. Headspace on July 22 reported a “material change” to the Massachusetts Health Policy Commission indicating that its parent company, OrangeDot, proposes to be acquired by Sword for a cash payment. The deal will be effective Sept. 14, according to the paperwork. The value of the transaction was not disclosed. (The paperwork was first identified by Healthcare Dealflow.) Sword last raised $40 million in 2025 in a deal valuing the company at over $4 billion, and the proposed deal comes as Sword Health aims to expand its platform to more areas, including mental health. The company has raised a total of $493 million, according to PitchBook. STAT+ Exclusive Story Already have an account? Log in This article is exclusive to STAT+ subscribers Unlock this article — and get additional analysis of the technologies disrupting health care — by subscribing to STAT+. Already have an account? Log in View All Plans To read the rest of this story subscribe to STAT+. Subscribe