Revenue cycle management
Olive said the deal completes its pivot to focus on health system finances.
The company also announced a new payer network and revenue cycle management service.
The funding comes a year after the payment startup announced a $15 million Series A.
Lauren Ruane, co-head of healthcare for J.P. Morgan’s Middle Market Banking & Specialized Industries, discusses how the bank helps physicians understand their needs, create solutions across treasury tools and automate office tasks.
Competitors Humana, MultiPlan, Optum, Quest Diagnostics and UnitedHealthcare are creating the alliance to advance healthcare uses for blockchain, explains Michael Kim, CIO at MultiPlan.
HIMSS22
Technology can offer insights to users in clear and concise ways, according to Brian Robertson, VisiQuate's founder and CEO.
Sidestep information silos by connecting the front and back ends, urges McKesson VP of revenue management Andy Moreno.
Hemant Goel, president and CEO of nThrive says that CFOs and RCM executives can change how they think about end-to-end RCM to deliver results.
The funds will go toward expansion in Southeast Asia.
The companies position the acquisition as a way to reduce costs for patients and improve the financial health of provider organizations.