Innovaccer acquires RCM company

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Healthcare technology company Innovaccer has acquired revenue cycle management company CaduceusHealth. 

The acquisition brings CaduceusHealth’s deep ambulatory RCM expertise and client relationships directly into Innovaccer’s agentic revenue cycle platform, according to a May 21 news release.   

The companies said the deal is intended to expand Innovaccer’s ambulatory footprint and accelerate development of AI-powered autonomous revenue cycle operations.

CaduceusHealth’s U.S.-based team serves nearly 4,000 providers and manages $5 billion in gross patient charges annually, the release said. The company was founded in 1997 and manages the full complexity of provider billing, claims and denial resolution across thousands of practices, dozens of specialties and every major EHR system. 

Innovaccer serves more than 200 health systems and payers.

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