RevCycle+

Based in Overland Park, US, RevCycle+ focuses on the revenue cycle processes for healthcare organizations, specifically catering to hospitals and health systems.   The company offers cloud-based medical software solutions such as Advanced Coding System and RevCycle+®. Their key offerings include Utilization Management, Clinical Documentation, Coding, and Chargemaster Services, which are crucial for optimizing revenue capture and compliance. The company utilizes technologies such as VISION Clinical Validation Technology™ and PULSE Coding Automation Technology™ to ensure precise coding and documentation, thereby reducing claim denials and revenue leakage.

Their services are tailored to a diverse clientele that includes hospitals and health systems across the United States, addressing the urgent need for effective revenue cycle solutions in a challenging regulatory landscape. RevCycle+ generates revenue through structured service agreements and technology licensing with healthcare providers. Transactions typically occur on a B2B basis, where hospitals and health systems engage in partnerships for services like coding and utilization management. The company may also employ subscription-based pricing for access to its proprietary technologies, including VISION and PULSE systems.

Additional revenue streams are derived from specialized accounts receivable recovery and denials management services, which help convert claim denials into financial gains, thereby enhancing the revenue integrity of their clients.   RevCycle+ is focused on introducing new products aimed at further streamlining revenue cycle management processes for healthcare providers. Plans are in place for geographical expansion into additional markets, particularly in regions experiencing heightened demand for revenue cycle solutions, with a targeted timeline for this expansion within the next two years. The company intends to leverage its recent funding to support these initiatives, ensuring the successful rollout of new technologies and services aligned with the evolving needs of the healthcare industry.