Smarter Technologies, an emerging force in healthcare automation, has introduced the industry’s first AI-powered revenue management platform, aiming to revolutionize how hospitals and health systems handle administrative workflows and boost financial performance.
Formed by uniting three influential companies—Access Healthcare, SmarterDx, and Thoughtful.ai—Smarter Technologies blends advanced AI with global service capabilities. These companies recently secured strategic growth investments from New Mountain Capital, a private equity firm managing over $55 billion in assets.
The platform integrates the strengths of its founding entities: Access Healthcare’s proven revenue cycle management (RCM) services, SmarterDx’s clinical AI for revenue integrity, and Thoughtful.ai’s AI-driven automation tools. Together, they deliver a scalable, modular system designed to cut through the inefficiencies in billing and collections—a burden that costs U.S. hospitals over $250 billion annually, according to a McKinsey report.
Smarter Technologies is already supporting over 200 clients, including 60+ hospitals and health systems, with 27,000 employees across 24 global service centers. The platform processes more than 400 million transactions and manages over $200 billion in combined revenue each year.
Jeremy Delinsky, the former CTO of athenahealth and founding COO of Devoted Health, will lead Smarter Technologies as CEO. “Healthcare providers are overwhelmed by rising administrative complexities,” Delinsky said. “Our platform is built to deliver immediate results by automating revenue workflows through a hybrid approach that leverages cutting-edge AI and high-quality global operations.”
Matt Holt, Managing Director and President of Private Equity at New Mountain Capital, added, “This launch represents our commitment to modernizing the U.S. healthcare system using scalable digital tools and AI. Smarter Technologies brings together the best of both human and AI capabilities to deliver measurable ROI and operational efficiency.”
With its launch, Smarter Technologies positions itself as a transformative player in healthcare tech—offering hospitals a cost-effective solution to streamline revenue processes and refocus resources on patient care.
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News Source: Finance.yahoo.com
