Rivet Health, Inc.

Rivet Health, Inc. is focused on revolutionizing healthcare revenue cycle management through advanced solutions that enhance operational efficiency and financial visibility for healthcare providers. Rivet Health, Inc. is a healthcare technology company that specializes in revenue cycle management (RCM).

Founded in 2018 in Salt Lake City, US, the firm has secured a total of 3 funding deals. In January 2026, Zelis Healthcare Inc. , a portfolio company of Mubadala Investment Company, Norwest Venture Partners, HarbourVest Partners, Edison Partners, and Bain Capital, acquired Rivet Health, Inc. from Ankona Capital, Catalyst, Lux Capital, Menlo Ventures, and Pelion Venture Partners.

The company, co-founded by Andrew Harding, Cody Nunley, Grady Reynolds, Paul Draper, and Ted Ferrin, is currently led by CEO Ted Ferrin. Rivet Health has not undergone any significant pivots in its strategy since its inception. Rivet Health specializes in transforming healthcare revenue cycle management (RCM) through a suite of innovative solutions designed to enhance financial visibility and operational efficiency for healthcare providers. Their core offerings include Revenue Diagnostics, which provides insight into financial health and helps in preventing claims denials; Payer Performance tools that enable modeling of payer contracts and recovery of variances; and Patient Pricing solutions that simplify the process of generating accurate price estimates for patients.

These products cater to a diverse client base, including hospitals, billing companies, consultants, and healthcare practices across the United States and Canada, aimed at streamlining their revenue cycle. Rivet Health operates on a business-to-business (B2B) model, providing its revenue cycle management solutions primarily through subscription-based pricing structures tailored to various healthcare organizations. Clients engage with Rivet by accessing their platform, which facilitates actions from contract negotiation preparations to revenue diagnostics. Transactions typically involve annual or multi-year subscriptions, allowing clients to enhance their financial operations and optimize revenue recovery.

The flagship products include analytics and data aggregation tools, ensuring that healthcare providers can manage contracts effectively and gain critical insights into financial performance with structured pricing plans customized to their operational needs. Rivet Health aims to leverage its recent capital influx to enhance product offerings and increase its market presence. The acquisition enables Rivet Health, Inc. to integrate advanced revenue cycle analytics into its payment platform, enhancing claim transparency, reducing administrative waste, and strengthening payer-provider collaboration to drive efficiency and improve financial performance across healthcare networks.