Acquisition of revenue cycle firm expands Knowtion’s claims routing services to serve a broader range of providers.
Knowtion Health, a leading healthcare revenue cycle company, today announced its acquisition of revly, a provider of intelligent reimbursement solutions and optimization services, expanding its claims routing service offering to serve providers with EHR-agnostic technology that captures revenue opportunities before and after claim submission.
“revly’s outcome-driven approach and deep expertise align closely with our mission to defend providers in an increasingly complex claims environment,” said Erica Tingley, President & CFO of Knowtion Health. “Together, the revly and Knowtion Health teams are focused on helping hospitals get paid fully, fairly, and faster at scale.”
Founded in 2021, revly’s directional billing solution identifies and routes claims to the highest payer for faster revenue recovery, reduced AR, and less friction in a provider’s revenue cycle. Their advanced technology of proprietary claims pricing and routing logic identifies opportunities for additional reimbursement and enables the team to perform in-depth analytics on revenue leakage.
“Becoming part of Knowtion Health is an exciting next chapter for the revly team. Our shared values and mission alignment made this a natural fit,” said Bennett Holden, Founder of revly. “Our teams alongside the combined technology will set a new standard for supporting providers with their claims routing, and we are energized by the opportunities ahead.”