Quite common in industrial servo drives.
One type I've worked on has a high frequency power output from the main high current PSU (possibly an extra winding on its electronics supply?), that is daisy chained through the driver interconnects to each servo module; they each have isolating transformers / rectifiers / smoothing to produce their own isolated power for the high side drivers.
You may be able to use isolated DC-DC converters, but as the high side power negative is connected to & switching with its half bridge output (on a common 2 x N channel half bridge), some types may not like the high voltage AC between in & out.