What You Should Know
Independent practice software leader AdvancedMD has expanded its revenue cycle management (RCM) suite with new Waystar-powered automation and AI capabilities.The launch directly addresses widespread provider friction—where 85% of medical groups rate payers poorly on reimbursement issues, and nearly 30% report worsening patient balance collections year-over-year.Key capabilities now live in the AdvancedMD portal include Coverage Detection (finding hidden billable
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Health IT | News, Analysis, Insights - HIT Consultant
Candid Health Secures $120M to Expand Autonomous Revenue Cycle Management Platform
What You Should Know
Autonomous revenue cycle management (RCM) platform Candid Health has raised $120 million in Series D funding led by Sixth Street Growth, with participation from Oak HC/FT, 8VC and
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Karoo Health Secures $16.2M to Build Cardiovascular OS Infrastructure
What You Should Know
Cardiovascular technology platform Karoo Health has closed a $16.2M Series A funding round co-led by 7wire Ventures and Allumia Ventures, with participation from First Trust Capital Partners, SpringRock Ventures, and Hyde Park Angels.Lee Shapiro (Managing Partner, 7wire Ventures) and Jeff Stolte (Managing Partner, Allumia Ventures) join Karoo Health's Board of Directors.Karoo provides an AI-native connective platform that integrates clinical EHRs, claims history, pharmacy
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Prosper Medical Secures $16M for AI-Powered Primary Care Platform
What You Should Know
AI-powered primary care platform Prosper Medical has raised $16M in financing led by FUSE, with participation from Aurum Partners, Better.vc, Cal Innovation Fund, Fluent, Latitude Capital, Knoll Ventures, and WTI.Founded by Ryan McQuaid (CEO) and James Wantuck, MD (CMO), the former founders of PlushCare, which they built and sold to Accolade for $450 million.Prosper shifts away from "transactional" telehealth toward continuous, proactive concierge care by using AI to
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Relatient Launches Clinical Request Automation Capability for Dash Voice AI Platform
What You Should Know
Relatient has expanded its Dash Voice AI platform with a new clinical request automation capability designed to handle non-scheduling patient phone inquiries.Approximately 35% of all inbound calls received by healthcare organizations represent clinical requests, including questions for nursing staff, medication and prescription inquiries, and billing details.The agentic voice system captures caller intent in real time, leverages appointment context and electronic health
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Assured Raises $19M to Replace Manual Credentialing with Autonomous AI Agents
What You Should Know
Provider operations platform Assured has raised $19 million in Series A funding led by Insight Partners, with continued participation from First Round Capital and Kindred Ventures.Assured serves more than 100 healthcare organizations—spanning health systems like Houston Methodist to digital health providers like Tono Health, Blossom Health, and Birches Health.The platform replaces manual provider credentialing and payer enrollment workflows with autonomous AI agents that
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KLAS Research Releases 2026 RCM Suites Report: Waystar Leads Market in Overall Satisfaction
What You Should Know
The 2026 KLAS Revenue Cycle Management Suites Report focuses on healthcare organizations using at least three distinct RCM modules (e.g., claims, eligibility, denials, insurance discovery) from a single vendor.KLAS highlights that while consolidation is accelerating, it has yet to validate a single vendor offering a fully mature, end-to-end RCM platform without functional trade-offs.Waystar earned an overall "A" grade—the highest in the report—driven by strong strategic
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Healthcare Growth Partners Releases July 2026 Health IT Market Review: Key Valuations and M&A Benchmarks
What You Should Know
U.S. Health IT M&A and buyout volume rebounded in Q2 2026 to 121 announced transactions after averaging 101 transactions across Q4 2025 and Q1 2026, according to Healthcare Growth Partners’ July 2026 Health IT Market Review report. The HGP Health IT Revenue Multiple recovered to 4.7x revenue by the end of Q2 2026 after dropping from 5.3x down to 3.7x in April.Health IT demonstrated strong resilience during the "SaaSpocalypse," outperforming broader Enterprise
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Capability vs. Aspiration: The New Litmus Test for AI in Healthcare
Walk the floor of any healthcare conference today, and the energy around artificial intelligence is palpable. The potential of the technology is genuinely transformative, and hospital boards will always be (understandably) eager to modernize their workflows. But as the market floods with new solutions, navigating the sheer volume of vendor promises has become an increasingly complex task for healthcare leaders.
Look under the surface of many recent tech announcements, and an acute observer
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M&A: Focus to Acquire Managed Services Provider GuideIT
What You Should Know
Healthcare managed IT platform Focus has signed a definitive agreement to acquire Plano, Texas-based GuideIT. Post-closing, the entity will operate as GuideIT, A Focus Company.The transaction is designed to replace the fragmented model of multi-vendor IT management—where health systems juggle separate providers for cloud, cybersecurity, and EHR support—with a single, accountable operating partner.GuideIT brings over twenty years of operational delivery, spanning managed
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