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

KLAS Releases 2026 Patient Financing Services Report Examining Recourse vs. Nonrecourse Offerings

by Fred Pennic 04/17/2026 Leave a Comment

KLAS Releases 2026 Patient Financing Services Report Examining Recourse vs. Nonrecourse Offerings

What You Should Know:  - KLAS Report: According to the newly released Patient Financing Services 2026 report by KLAS, the industry is undergoing a critical structural shift in how these third-party programs are modeled—and one startup is capitalizing on the transition better than anyone else. - The Market Shift: Patient financing services are third-party solutions that give patients flexibility to pay their healthcare costs over time, simultaneously shifting long-term receivables and
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Joyful Health Secures $17M for AI-Powered Healthcare Financial Operations

by Fred Pennic 04/17/2026 Leave a Comment

Joyful Health Secures $17M for AI-Powered Healthcare Financial Operations

What You Should Know The Raise: Joyful Health, an AI financial infrastructure company, has announced a $17M Series A funding round led by CRV, bringing its total funding to $22M. Existing seed investors, including XYZ Venture Capital and Designer Fund, also participated.The Infrastructure Fix: Instead of trying to layer AI on top of fragmented, messy data, Joyful Health is building a unified financial system of record. It maps the relationships between clinical encounters, payer rules, and
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Automating Behavioral Health Utilization Review to Reduce Denials

by Shanna Dugan, Managing Director of Healthcare Products at ARGO 04/17/2026 Leave a Comment

Automating Behavioral Health Utilization Review to Reduce Denials

Nearly 1 in 10 adults in the U.S. experienced a mental health crisis in 2025, according to a John Hopkins study. Individuals in crisis require access to the full spectrum of care they need. However, this isn’t always the reality. Historically, manual utilization review (UR) has been the standard for ensuring patients receive care when they need it most. Many behavioral health facilities now face UR challenges driven by tedious manual processes that can no longer handle growing volumes of
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Keebler Health Secures $16M to Scale LLM-Native Risk Adjustment Platform 

by Fred Pennic 04/16/2026 Leave a Comment

Keebler Health Secures $16M to Scale LLM-Native Risk Adjustment Platform

What You Should Know The Raise: Keebler Health, an LLM-native risk adjustment platform, has raised a $16M Series A funding round led by Flare Capital Partners, with participation from Sands Capital and a syndicate of venture funds. The company has raised $23M since its founding in 2023.The Technology: Unlike legacy platforms that use retrofitted Natural Language Processing (NLP) to scan for keywords, Keebler is built entirely on Large Language Models (LLMs). It processes the raw clinical
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Cedar Expands Cedar Intelligence AI Platform to Personalize the Patient Financial Experience

by Fred Pennic 04/08/2026 Leave a Comment

Cedar Expands Cedar Intelligence AI Platform to Personalize the Patient Financial Experience

What You Should Know:  The Launch: Cedar has announced a major expansion of Cedar Intelligence, its AI-powered decision engine, embedding new generative and predictive capabilities across its entire product suite.The Catalyst: Cedar's internal data reveals a breaking point in healthcare affordability. Even among patients classified as "most likely to pay," only 65% are satisfied with their financial experience. For financially at-risk patients, satisfaction drops to 40%, and they are
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Office Ally Acquires Jopari Solutions to Expand Clearinghouse Network and Electronic Claims Processing

by Jasmine Pennic 04/06/2026 Leave a Comment

Office Ally Acquires Jopari Solutions to Expand Clearinghouse Network and Electronic Claims Processing

What You Should Know Office Ally, a major healthcare technology clearinghouse, has acquired Jopari Solutions, a leader in straight-through electronic claims processing. The financial terms of the deal (which included an exit for WestView Capital) were not disclosed. Bridging the 'Clinical Attachment' Gap Jopari specializes in the notoriously fragmented Property & Casualty (P&C), Workers' Compensation, and Auto Medical markets. These sectors are notoriously paper-heavy
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Practice Margin: Why Pre-Visit Workflow is the Ultimate Revenue Protector

by Matthew Order, VP of Business Development at Yosi Health 04/03/2026 Leave a Comment

Practice Margin: Why Pre-Visit Workflow is the Ultimate Revenue Protector

If you’ve managed an ambulatory practice, you know immediately where the money leaks: it isn’t just in clinical inefficiency; it’s in the administrative seams that surround every visit. Phone tag, duplicate registration work, eligibility surprises, referral fallout - these are the operational shortcomings that show up as denied claims, missed appointments, and staff turnover. The clinical encounter is just the tip of the iceberg; the real pressure on a practice’s margins emanates from the
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Commure Launches AI-Powered Speech-to-Cursor Dictation Tool for Clinical Workflows

by Fred Pennic 04/02/2026 Leave a Comment

What You Should Know The Launch: Revenue cycle and clinical AI platform Commure has launched Commure Dictation, an AI-powered "speech-to-cursor" extension.Hardware Independence: The tool eliminates the need for expensive, dedicated dictation hardware. Clinicians can simply use the Commure Ambient mobile app as a wireless microphone. Voice as an Operating System Instead of toggling between different applications, a physician can now use their smartphone (via the Commure Ambient app) as a
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Corti Launches Symphony for Medical Coding API, Outperforming OpenAI and Anthropic in Clinical Accuracy ‘Claims’

by Fred Pennic 04/02/2026 Leave a Comment

Corti Launches Symphony for Medical Coding API, Outperforming OpenAI and Anthropic in Clinical Accuracy 'Claims'

What You Should Know The Launch: Clinical AI lab Corti has released Symphony for Medical Coding, an agentic AI model available via API for healthcare software developers.Performance Benchmark: The model “claims” to outperform generalized LLMs from tech giants—including OpenAI, Anthropic, Amazon, Oracle, and Google—by more than 25% in clinical accuracy benchmarks. Beyond the Back Office: The Human Cost of Bad Data The problem is fundamental: generic LLMs are essentially highly advanced
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Ensemble and Cohere Partner to Build First RCM-Native Large Language Model for Healthcare

by Fred Pennic 03/31/2026 Leave a Comment

Ensemble and Cohere Partner to Build First RCM-Native Large Language Model for Healthcare

What You Should Know The Announcement: Ensemble, a top end-to-end revenue cycle managed services provider, and enterprise AI company Cohere are expanding their partnership to build the healthcare industry’s first RCM-native large language model (LLM).The Native LLM Solution: Instead of teaching the AI the rules via prompts, Ensemble and Cohere are fine-tuning a fully custom model from the ground up. It is trained on real RCM tasks, documented procedures, and deep operator expertise to power
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