MedEvolve, Inc. is a top provider of AI-driven revenue cycle automation and analytics. It has been acquired by Emergence, backed by The Pritzker Organization. This strategic move aims to speed up innovation in healthcare operational intelligence. The partnership combines MedEvolve’s Effective Intelligence® platform with Emergence’s software expertise and investment goals. MedEvolve’s platform includes workflow automation, analytics, and generative AI. “Coming out of management consulting in 2006, I saw the opportunity to develop software, specifically workflow automation and analytics, that could drive accountability and measurable performance across the complex revenue cycle,” said Matt Seefeld, CEO of MedEvolve.
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“With Emergence behind us, we will accelerate development of new AI capabilities to help healthcare organizations meet our new benchmarks, expand operational capacity, and reclaim margin lost to administrative waste.” Henry T. Zhang, CEO of Emergence, added, “We are investing not just in MedEvolve’s technology, but the future of operational intelligence in healthcare.” Under Emergence’s ownership, MedEvolve plans to scale its investments in data science, automation, and AI-driven analytics, enabling healthcare providers to improve efficiency, strengthen financial resilience, and focus more resources on patient care.
