What that you must know:

– VisiQuate, a supplier of superior income cycle analytics, AI-powered workflows and automation options, in the present day introduced its acquisition by Accel-KKR, a worldwide technology-focused funding agency.

– The strategic acquisition marks a major milestone for VisiQuate, permitting the corporate to leverage Accel-KKR's assets and experience to additional its progress and innovation in healthcare income cycle administration (RCM).

Addressing the Healthcare Income Loss Disaster

The healthcare trade faces growing stress to enhance income cycle effectivity and cut back prices. With an estimated $265 billion in annual waste as a consequence of administrative complexity, hospitals and healthcare programs lose billions in unclaimed income. VisiQuate's platform addresses this problem by offering superior analytics, AI-powered workflows and automation instruments to optimize income cycle operations.

VisiQuate's options have helped numerous hospitals and healthcare programs considerably enhance their income cycle efficiency. By leveraging advanced knowledge curation, deep AI and machine studying, superior analytics and clever course of automation, VisiQuate transforms RCM from a guide, inefficient perform right into a strategic benefit.

“Becoming a member of forces with Accel-KKR marks a vital milestone for VisiQuate. Healthcare income cycle administration continues to undergo from an excessive amount of waste, inefficiency and dissatisfaction – and the mixed monetary nervousness is accelerating. We stay passionate and relentless in our pursuit of options that create significant change, elevate administration, workforce and C-suite goals and, most significantly, ship simple ROI. This collaboration with Accel-KKR will speed up product innovation and increase our staff of consultants, serving to extra healthcare programs obtain most monetary efficiency,” mentioned Brian Robertson, Founder and CEO of VisiQuate.