Knowtion Health has acquired revly, a revenue cycle management firm focused on reimbursement optimization.
The acquisition expands Knowtion’s claims routing services to serve a broader range of providers, according to a March 17 news release from the company. Revly’s proprietary claims pricing and routing logic technology identifies opportunities for additional reimbursement and enables provider revenue cycle teams to perform in-depth analytics on revenue leakage.
Knowtion serves more than 550 hospitals in the U.S. and manages more than $4.5 billion annually in outstanding balance accounts.