M&A · Breaking
Innovaccer's fifth acquisition embeds 30 years of ambulatory RCM expertise into its Flow agentic platform. CaduceusHealth manages $5B in gross patient charges annually across ~4,000 providers. Combined platform targets $20B in avoidable annual denials — predicting and resolving rejections before claims are submitted.
May 22, 2026UndisclosedRCM AI · Ambulatory Care · Autonomous Denial Resolution
Funding · Breaking
Led by General Catalyst with Sequoia, Morgan Stanley, and Kirkland & Ellis. Commure runs end-to-end RCM across 130+ health systems including HCA and Tenet, processing tens of billions in annual claims. The claim: 85%+ autonomous. Capital going toward replacing legacy BPO and billing vendor infrastructure.
May 19, 2026$70MRCM AI · Autonomous Workflow · $7B Valuation
Funding
Led by Temasek with $200M total raised. Cohere processes 12M+ prior auth requests annually and auto-approves 90% of them. Expansion into broader clinical decision-making use cases next.
May 17, 2026$90MPrior Auth · Utilization Management
Funding
A fresh round targeting denial management automation — one of the most active sub-segments in RCM venture capital right now.
May 2026$16MDenial Management
Acquisition
PE capital continues to flow into AI-enhanced revenue cycle platforms as the managed services model evolves.
April 2026Private Equity · RCM Platform