NEW YORK--(BUSINESS WIRE)--Aug 11, 2026--
Flagler Health, an AI-native platform for musculoskeletal (MSK) healthcare, today announced it raised a $50 million Series B, bringing total funding raised to $63 million. The financing was led by Bessemer Venture Partners, with participation from SignalFire, Alumni Ventures, Streamlined, 186 Ventures, Proof VC, Tribeca Ventures, and Offscript.
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Musculoskeletal conditions affect more than half of adults in the U.S. and account for over $400 billion in annual healthcare spend, yet the system delivering that care remains deeply inefficient. Physicians spend nearly 75 percent of their time on non-revenue-generating work, from documentation to administrative tasks.
The result: burned-out clinicians, lost revenue, and outcomes that fall short of what's possible.
Flagler was developed to fix this infrastructure, not just the workflow. Built by clinicians who lived this problem firsthand, its AI-native platform, trained on one of the largest MSK patient data sets, integrates directly into existing EMRs and workflows, orchestrating the full patient lifecycle, across triage, care management, billing and patient communications, turning manual, reactive clinics into coordinated, data-driven operations.
In under three years, Flagler has scaled to thousands of providers in over 36 states, and the numbers speak for themselves:
“MSK is where the healthcare system's dysfunction is most visible,” said Albert Katz, CEO of Flagler Health and former MSK clinic operator. “Shrinking reimbursements, administrative overload, inefficient triage - I watched it destroy clinician morale and clinic margins at the same time. This isn't a workflow problem. It's structural. The cost of running these clinics keeps climbing, and that cost is a major reason American healthcare is so expensive. It's unsustainable, and we're the only platform built to fix it at the root.”
“Every doctor has wanted a tool like this and assumed it couldn't exist - something that genuinely improves patient outcomes without adding to their workload,” said Dr. Leon Anijar, co-founder and Chief Medical Officer of Flagler. “With AI, that's no longer wishful thinking. Flagler makes the patient experience and the physician experience work together instead of against each other.”
Providers who've made the switch describe it simply. “Flagler tracks patient outcomes remotely — zero workflow change: no new logins, no training, no extra clicks. Fully hands-free, turnkey, runs in the background,” said Dr. Christopher Netzel, M.D., interventional pain physician at Coastal Health, a multi-specialty regional health system in North Florida.
“What drew us to Flagler was rare: a founding team with exactly the right combination of healthcare operations experience, clinical authority, and AI expertise, all applied to one of the largest and most underserved markets in healthcare,” said Steve Kraus, partner at Bessemer Venture Partners. “The traction and ROI they've built in under three years reflects that. Flagler is the only full-stack platform purpose-built for MSK, and we believe it's on its way to becoming the AI-native operating system for every clinic in this space.”
The new funding accelerates Flagler's expansion across every MSK practice in America. The clinics moving first are already pulling ahead in revenue, in outcomes, and in their ability to attract and retain top clinical talent.
About Flagler Health
Flagler Health is the AI-native operating system for musculoskeletal care - the largest and most underserved specialty in healthcare. Founded by physicians and healthcare operators who ran MSK clinics, Flagler seamlessly coordinates clinical and administrative workflows across the full patient lifecycle within providers' existing EMRs. Headquartered in NYC and backed by leading venture capital firms, Flagler is committed to transforming musculoskeletal care through innovative AI solutions. Learn more at https://www.flaglerhealth.io/.
Flagler Health co-founders, from left to right: Dr. Leon Anijar, chief medical officer; Albert Katz, CEO; and Will Hu, chief technology officer
Iranian-backed Houthi rebels fired missiles on a vessel in the Bab el-Mandeb strait on Tuesday and killed four people, Yemeni authorities said.
The transportation ministry of Yemen’s internationally recognized government said the dead included three Pakistani nationals and an Indonesian.
The ministry said in a statement the Houthis fired three ballistic missiles on the Yemeni commercial vessel.
It said the rebels fired another missile that targeted rescue teams attempting to reach the vessel, wounding a Yemeni rescuer.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.
Iranian-backed Houthi rebels renewed attacks Tuesday on government-controlled areas in Yemen as the violence threatened to reignite civil war and raised fears over new threats to regional shipping lanes.
Iran's foreign minister, meanwhile, underscored Tehran's stance against reopening the Strait of Hormuz until the U.S. meets its conditions, after U.S. President Donald Trump said he was demanding compensation from Iran “for all of the people that they have killed” in the past.
Here’s a look at the latest developments in the Iran war and the wider Middle East. Full coverage can be found here.
The Houthi rebels attacked the government-held port city of Mokha on the Red Sea and other areas of the country.
Yemen's military said the rebels targeted Mokha and the central province of Marib with missiles and drones but did not provide further details.
The Houthis struck Marib and the eastern province of Hadramout last week, killing dozens of government troops and civilians. They hit Mokha with missiles and drones over the weekend and killed at least seven people, including three troops, according to the Yemeni military.
Mokha is a main port under Yemen’s internationally recognized government and has been renovated to handle shipping to avoid the Houthi-held port of Hodeida.
The strikes were part of an escalation by the Houthis against government forces in Yemen and oil facilities in neighboring Saudi Arabia, which supports the internationally recognized Yemeni government, and the kingdom’s shipping in the Red Sea.
With the Strait of Hormuz effectively shut down by Iran, there has been a renewed focus on the Red Sea and Bab el-Mandeb Strait at Yemen's southern tip, which is an alternate route for Saudi Arabia to ship its oil.
The Houthi attacks could reignite Yemen’s civil war following a 2022 truce, and open a new front in the Middle East war.
Mohammed Abdul-Salam, the Houthis’ chief negotiator and spokesperson, accused Saudi Arabia in a social media post of exploiting the ceasefire to tighten an air and sea blockade it imposed in 2015.
He said the Houthis are open for negotiations but any settlement must include lifting the blockade.
Iranian Foreign Minister Abbas Araghchi told reporters that the country had “astonished the whole world” in the war against the United States and Israel, proving “that it is a tough and invincible power.”
Iran has refused to back down on demands that the U.S. end its blockade of Iranian ports and fulfill other conditions before Tehran will consider reopening the Strait of Hormuz.
Iran effectively closed the strait after Israel and the U.S. attacked the country on Feb. 28. Attacks on the key waterway — through which roughly one-fifth of the world’s traded oil supplies passed before the war — and uncertainty around its future have kept energy prices a major focus of U.S. politics ahead of November’s midterm elections.
Araghchi said on his Telegram channel that in a call with German Foreign Minister Johann Wadephul late Monday, he had “emphasized that making the Strait of Hormuz secure requires an end to the United States’ aggressive actions and unlawful interventions, including the naval blockade and other violations of U.S. obligations.”
Wadephul said on X that he had emphasized “the Strait of Hormuz needs to be opened unconditionally ensuring free and safe navigation for all.”
Trump said in a social media post he was directing his negotiators to include “compensation from Iran, for all of the people that they have killed and gravely wounded with their roadside bombs and many conflicts.” That was after Iran demanded compensation for the devastation caused by U.S. and Israeli bombardment over the past five months.
Trump also claimed Monday in an Oval Office exchange with reporters that the U.S. has “100% control” of the Strait of Hormuz, but that the situation remains complex.
He said the U.S. Navy’s blockade is preventing Iran from selling its oil on the international market, effectively choking the Iranian economy.
“Now, can they make trouble? Yeah, they can make trouble, but they’re broke,” Trump said.
In Syria, a court sentenced former President Bashar Assad along with his younger brother to death for crimes against humanity and war crimes during Syria’s 14-year conflict that left about half a million people dead.
Assad and his brother Maher, who fled to Russia after insurgents marched into Damascus in December 2014, were sentenced in absentia at the Fourth Criminal Court in the Syrian capital.
Houthi supporters chant slogans during a rally against the Saudi-led coalition in Sanaa, Yemen, Friday, July 31, 2026. (AP Photo/Osamah Abdulrahman)
Iran's Foreign Minister Abbas Araghchi, center, is surrounded by security personnel as he walks in Najaf, Iraq, during Arbaeen commemorations, Monday, Aug. 3, 2026. (AP Photo/Anmar Khalil)
FILE - This image taken from video broadcast by Al-Masirah TV, a Houthi-controlled news channel, shows an explosion at the Sanaa International Airport compound during what the Iranian-backed Houthi rebels in Yemen said were several Saudi airstrikes in Sanaa, Yemen, July 13, 2026. (Al-Masirah TV via AP, File)
Houthi supporters attend a rally against the Saudi-led coalition in Sanaa, Yemen, Friday, July 31, 2026. (AP Photo/Osamah Abdulrahman)
FILE - In this Dec. 9, 2010 file photo, Syria President Bashar al-Assad arrives at the Elysee Palace in Paris for his meeting with French President Nicolas Sarkozy. (AP Photo/Remy de la Mauviniere, File)
Vehicles drive past a statue of a swinging boy at a square in Tehran, Iran, Monday, Aug. 10, 2026. (AP Photo/Vahid Salemi)
