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Revenue Cycle Management | News, Analysis, Insights - HIT Consultant

Inbox Health Secures $20M to Modernize Patient Billing with AI

by Fred Pennic 09/15/2025 Leave a Comment

Inbox Health Secures $20M to Modernize Patient Billing with AI

What You Should Know:  - Inbox Health, a leader in patient billing and support technology, has announced that it has secured $20 million in growth equity funding and debt led by Ten Coves Capital with participation from existing investors.  - The latest round brings Inbox Health’s total funding to $55M capital. The funding will be used to accelerate the company's mission to modernize patient billing through intelligent automation.  AI-Powered Patient Billing
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KLAS Report: Ensemble and Guidehouse Lead in Revenue Cycle Outsourcing

by Fred Pennic 09/12/2025 Leave a Comment

KLAS Report: Ensemble and Guidehouse Lead in Revenue Cycle Outsourcing

What You Should Know:  - A new KLAS report, "End-to-End Revenue Cycle Outsourcing 2025," examines client satisfaction with firms that handle all or key components of patient access, HIM, and business office departments for hospital-based organizations.  - The report helps organizations identify the right firm for their needs by focusing on key revenue cycle outcomes, client satisfaction, and the impact of AI in the space. The research found that many healthcare organizations
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Medical Debt Laws Are Changing Fast. Is Your Revenue Cycle Ready?

by Ana Ponder, Director of RCM Solutions at Millennia 09/12/2025 Leave a Comment

Medical Debt Laws Are Changing Fast. Is Your Revenue Cycle Ready?

The medical debt regulation landscape is poised to change drastically over the next few years. Laws in Texas, New York, and New Jersey are key case studies of this shift, imposing stricter rules on billing transparency, debt collection practices, and patient financial assistance. Providers may or may not be ready for the shift, but those that embrace it will find a real opportunity to improve the financial experience of their patients, build lasting relationships and protect their bottom
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Oracle Health to Launch AI-Powered Solutions for Payers and Providers

by Jasmine Pennic 09/11/2025 Leave a Comment

Oracle Health to Launch AI-Powered Solutions for Payers and Providers

What You Should Know:  - Oracle Health has unveiled a new strategy to strengthen the collaboration between healthcare providers and payers.  - The company plans to introduce a comprehensive suite of AI-powered apps and agents designed to automate prior authorizations, reduce claims denials, and improve care coordination. These solutions aim to significantly cut down on administrative costs, which are estimated at approximately $200B annually, and enhance value-based care
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M&A: Cohere Health Acquires ZignaAI to Transform Payment Integrity

by Fred Pennic 09/09/2025 Leave a Comment

M&A: Cohere Health Acquires ZignaAI to Transform Payment Integrity

What You Should Know:  - Cohere Health, a leader in clinical intelligence solutions, has acquired ZignaAI and launched a new Payment Integrity (PI) Suite, which is anchored by Cohere Validate™. Financial details of the acquisition were not disclosed.  - Cohere Health’s approach is designed to provide transparency, accuracy, and control to claims payments through clinical intelligence. The new solution is already delivering faster payments, 30% efficiency gains, and 8-9x ROI to health
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Ransomware in RCM: Why Your Billing System Is an Overlooked Cybersecurity Risk

by Rob Stuart, CEO, Claim.MD 09/08/2025 Leave a Comment

Ransomware in RCM: Why Your Billing System Is an Overlooked Cybersecurity Risk

When a major healthcare payment processor was hit by a ransomware attack in early 2024, medical practices across the country were thrown into chaos. Routine billing processes, like eligibility checks, claims submissions, and payments, all ground to a halt. Some providers waited weeks to get paid. Others struggled to reassure anxious patients amid financial uncertainty. For small and midsize practices, the disruption wasn’t just inconvenient; it was existential. The incident exposed an
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Phreesia to Acquire AccessOne for $160M to Expand Healthcare Payment Solutions

by Fred Pennic 09/08/2025 Leave a Comment

Phreesia to Acquire AccessOne for $160M to Expand Healthcare Payment Solutions

What You Should Know:  - Phreesia, Inc., a company specializing in patient activation, has entered into a definitive agreement to acquire AccessOne Parent Holdings, Inc., a portfolio company of Frontier Growth.  - The all-cash transaction is valued at $160M and is expected to close in the third or early fourth quarter of Phreesia’s 2026 fiscal year. AccessOne Background  AccessOne is a market leader in providing financing solutions for healthcare receivables, working
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AI and RCM Leader XiFin Receives New Investment, Appoints Jeff Margolis to Board

by Syed Hamza Sohail 09/04/2025 Leave a Comment

AI and RCM Leader XiFin Receives New Investment, Appoints Jeff Margolis to Board

What You Should Know: - XiFin, a leader in revenue cycle management (RCM) and billing solutions enhanced with embedded artificial intelligence (AI), today announced a new growth capital investment, as well as the addition of health IT innovator and futurist Jeff Margolis to its Board of Directors. -  The funding round builds on XiFin’s 19% year-over-year growth, driven by client adoption of its flagship next-gen platform, XiFin® Empower, and successful execution of compelling business
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Inovalon and Google Cloud Partner to Launch AI-Enabled Prior Authorization Solution

by Fred Pennic 08/26/2025 Leave a Comment

Inovalon and Google Cloud Partner to Launch AI-Enabled Prior Authorization Solution

What You Should Know: - Inovalon, a provider of solutions that empower data-driven healthcare, has announced a new collaboration with Google Cloud to develop an AI-enabled solution designed to address administrative burdens in the healthcare industry. - The partnership will combine Inovalon’s extensive data solutions and subject matter expertise with Google Cloud's advanced AI and machine learning capabilities to tackle time-consuming prior authorization processes.  A Vision for
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HGM Limited Acquires Aidéo Technologies to Expand AI-Driven RCM Platform

by Fred Pennic 08/22/2025 Leave a Comment

HGM Limited Acquires Aidéo Technologies to Expand AI-Driven RCM Platform

What You Should Know:  - HGM Limited, a global technology-driven enterprise focused on building AI-driven healthcare services, has announced that its wholly-owned U.S. subsidiary, Healthcare Capital Holdings LLC (HCH), has entered into a definitive agreement to acquire Aidéo Technologies LLC.  - HGM Limited, through its U.S. subsidiary, will acquire 100% of Aidéo Technologies LLC through an equity transaction. The acquisition is expected to close in August, subject to customary
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