What You Should Know
The Deal: Midstream Health, a platform backed by Andreessen Horowitz (a16z), has secured a strategic partnership with CommonSpirit Health. The health system isn't just a customer; its venture arm is an initial investor.The Tech: Midstream deploys "AI Agents" that scour financial data to find lost value. Unlike standard analytics, these agents are "contract-aware," proactively flagging missed rebates, pricing errors, and underpayments that humans miss.The Impact: The
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Revenue Cycle Management | News, Analysis, Insights - HIT Consultant
Optum Launches AI Platform to Erase Prior Auth Friction
What You Should Know
The Launch: Optum is rolling out a dual-sided AI strategy to modernize prior authorization: Digital Auth Complete for providers (powered by Humata Health) and InterQual® Auth Accelerator for payers.The Provider Impact: By embedding AI directly into the EHR, the provider-side tool has demonstrated a 96% first-pass approval rate in early deployments, aiming to reclaim the average 13 hours per week staff spend on these tasks.The Payer Impact: The payer-side solution focuses
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Alaffia Health Raises $55M to Fix Claims Waste with “Agentic AI”
What You Should Know
The Funding: Alaffia Health has raised a $55M Series B led by Transformation Capital, bringing its total funding to over $73M.The Tech: The company uses "Agentic AI"—autonomous software paired with human clinicians—to forensically audit medical claims against patient records, targeting the estimated $570 billion in annual administrative waste.The ROI: Unlike "black box" automated solutions, Alaffia’s transparent model has already saved health plans over $100M, delivering
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The $1.9B Exit: Why CommonSpirit is Insourcing Revenue Cycle and Tenet is Betting Big on Conifer AI
What You Should Know
The Deal: Tenet Healthcare and CommonSpirit Health are unwinding their partnership regarding Conifer Health Solutions. CommonSpirit will pay Tenet approximately $1.9 billion over three years, while Conifer will redeem CommonSpirit's 23.8% equity stake for $540M.The Shift: CommonSpirit has decided to insource its revenue cycle operations starting in 2027. Conifer will continue to provide services through the end of 2026 to ensure a smooth transition.The Forecast: Alongside
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NuvemRx Acquires par8o 340B Referral Capture Business from R1 RCM
What You Should Know
The Deal: NuvemRx has acquired the 340B referral capture business of par8o (formerly owned by R1 RCM), effectively consolidating two major players in the safety-net pharmacy space.The Scale: The combined entity now supports over 800 covered entities nationwide, representing a cumulative patient base of 70 million lives.The Tech: The acquisition integrates par8o’s referral technology with NuvemRx’s platform, reportedly using AI to automate up to 85% of the complex referral
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Kodiak Solutions Acquires BESLER to Close the “Revenue Leakage” Gap
What You Should Know
The Deal: Kodiak Solutions has acquired BESLER & Company, integrating a 40-year veteran of revenue recovery into its modern analytics platform.The Tech Synergy: The acquisition adds BESLER’s specialized Transfer DRG software—used to detect Medicare underpayments—to Kodiak’s broader net revenue reporting suite.The Strategy: This is a "platform play." Kodiak is consolidating niche revenue cycle tools under one roof, allowing hospital CFOs to replace fragmented point
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The Self-Driving Revenue Cycle: Claim Health Raises $4.4M to Fix Post-Acute Care’s Biggest Bottleneck
What You Should Know
The News: Claim Health has raised a $4.4 million Seed round led by Maverick Ventures to scale its "AI-native" revenue operations platform for post-acute care.The Traction: Since exiting Y Combinator’s Spring 2025 batch, the company has grown revenue 30x in under a year, driven by providers seeking to replace legacy manual workflows.The Tech: The platform offers a "self-driving" revenue cycle—automating everything from patient intake to payment reconciliation—delivering a
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Vizient 2026 Forecast: 65+ Population to Drive Hospital Utilization as AI Spend Hits $100B
What You Should Know
The Reality: The U.S. healthcare system is in a "structural pressure" cooker. While patient outcomes are improving (mortality down 33%), the financial model is fracturing under the weight of an aging population and rising supply costs.The Shift: 2026 marks the end of the "Megadeal" era. Hospital M&A has pivoted to distressed asset acquisitions, while successful systems are moving toward vertical partnerships rather than buying more hospitals.The Future: AI is the only
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Ventra Health Launches “vCision” – An Agentic AI Platform to Combat Revenue Leakage
What You Should Know
The News: Ventra Health has launched vCision, a new revenue intelligence platform powered by "Agentic AI" (autonomous digital agents) to optimize the revenue cycle for facility-based physicians.The Partnership: The platform was developed in partnership with healthcare engineering firm CitiusTech, combining Ventra’s RCM expertise with CitiusTech’s generative AI capabilities.The Goal: vCision aims to move beyond simple automation by using adaptive models to anticipate payer
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Consolidating Clinical Intelligence: Rapid Care Acquires DeepDoc to Scale AI Summarization
What You Should Know
The Deal: Rapid Care has acquired DeepDoc, a generative AI platform specializing in summarizing complex medical records with over 99% accuracy. Financial details of the acquisition were not disclosed. The Problem Solved: The technology addresses the "unstructured data" crisis in healthcare by automating the review of massive patient files for insurance claims, legal cases, and utilization reviews.Acquisition Impact: This is Rapid Care’s third major acquisition in three
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