I wrote this three years ago. Today’s @circle IPO feels like a real step toward making this a reality. Anyone building/thinking about this?
https://t.co/vpFbks1Dbm
NEW: New Mountain Capital has launched Smarter Technologies, an AI-powered RCM platform formed by merging Access Healthcare, SmarterDx, and Thoughtful AI.
It serves 200+ clients, including 60+ hospitals and 500K+ providers, managing $200B+ in revenue across 400M transactions.
RCM Prediction #1:
There will be multiple acquisitions of revenue cycle AI service companies focused on niches like denial prediction, coding, and automated end-to-end RCM by larger RCM players like R1, Optum, and Change Healthcare.
I keep thinking about this @shaneparrish quote:
“Champions don’t create the standards of excellence. The standards of excellence create champions”
Powerful realization and challenge.