Reveleer, a Glendale, CA-based AI-powered healthcare technology data and analytics company, raised $65M in funding.
The round was led by Hercules Capital.
Commenting on the news, Jay Ackerman, CEO and President at Reveleer, said: “This funding will have a tremendous impact as it positions us to strategically pursue inorganic growth opportunities in value-based-care technology, accelerating innovation and enhancing patient care through healthcare AI technology.”
Reveleer is a healthcare-focused, technology-driven workflow, data, and analytics company that uses natural language processing (NLP) and artificial intelligence (AI) to empower health plans and risk-bearing providers with control over their quality improvement, risk adjustment, and member management programs. Its platform allows plans to independently execute and manage every aspect of enrollment, provider outreach, data retrieval, coding, abstraction, reporting, and submissions. Leveraging proprietary technology, data sets, and subject matter expertise, Reveleer provides complete record retrieval and review services so health plans can plan and execute programs that deliver more value and improved outcomes.
The acquisition of Dynamic Healthcare Systems in 2022 expanded Reveleer’s integrated workflow platform, now incorporating member management, revenue optimization, and HCC Analytics. In 2023, the company acquired MDPortals, a prospective risk platform enabling payers and providers to close care gaps at the point of care, improving health outcomes.
FinSMEs
26/02/2024