PRESS RELEASE

MedEvolve Announces Acquisition by Emergence to Accelerate AI-Driven Revenue Cycle Transformation

SAN FRANCISCO, Calif. — November 11, 2025 MedEvolve, Inc., a pioneer in AI-powered revenue cycle automation and analytics, today announced its acquisition by Emergence, an enterprise backed by The Pritzker Organization.

The strategic transaction combines MedEvolve’s Effective Intelligence® platform – which integrates workflow automation, analytics, benchmarks and generative AI – with Emergence’s long-term orientation and deep software expertise. MedEvolve’s technology captures millions of workflow actions across the revenue cycle creating a proprietary dataset combined with advanced algorithms that power a new generation of industry benchmarks. These benchmarks give leaders real-time visibility into workforce performance, process breakdowns, and technology gaps.

“Coming out of management consulting in 2006, I saw the opportunity to develop software, specifically workflow automation and analytics, that could drive accountability and measurable performance across the complex revenue cycle,” said Matt Seefeld, CEO of MedEvolve. “Nearly twenty years later, that vision is more urgent than ever as healthcare organizations fight to maintain financial solvency. With Emergence behind us, we will accelerate development of new AI capabilities to help healthcare organizations meet our new benchmarks, expand operational capacity across the revenue cycle and reclaim margin lost to administrative waste so they can focus on delivering exceptional clinical care to their communities.”

Healthcare providers are facing unprecedented financial pressure as costs rise, patient responsibility increases, and payers deploy AI to deny claims—all while uncompensated care continues to climb. MedEvolve’s solutions give leaders the data-driven visibility needed to address these challenges head-on and strengthen the financial sustainability of their organizations.

“We are investing not just in MedEvolve’s technology, but the future of operational intelligence in healthcare,” said Henry T. Zhang, CEO of Emergence. “Matt and his team have built a platform that translates millions of data points into actionable insights about how people, processes, and technology perform. Our partnerships are built on shared vision. We will help MedEvolve accelerate its innovation and deliver even greater impact for providers nationwide. We believe MedEvolve will further our work to deliver even greater impact across healthcare.”

Under Emergence’s ownership, MedEvolve will expand its investments in data science, automation, and AI-driven analytics, accelerating development of next-generation technologies designed to improve labor effectiveness, reduce administrative waste, and increase operational efficiency across the revenue cycle. Both companies share a long-term commitment to building enduring, AI-driven solutions that help healthcare organizations operate more efficiently and sustainably.

 

About MedEvolve

MedEvolve empowers healthcare organizations with Effective Intelligence® (Ei)—AI-powered workflow automation and analytics that optimize the revenue cycle from financial clearance through medical billing. By tracking every action required to get claims paid, MedEvolve helps leaders identify inefficiencies, reduce avoidable touches, and maximize collections. MedEvolve integrates with any PM/EHR system to deliver unmatched transparency, automation, and accountability, enabling data-driven performance management and improved margins.

Media Contact
Ashley Deitsch
MedEvolve
ashley.deitsch@medevolve.com

Effective Intelligence: Our comprehensive RCM automation solution

Effective Intelligence combines Patient Financial Clearance Automation, Medical Billing Workflow Automation, and Real-Time RCM Analytics in a cloud-based platform designed to integration with your current EMR/PM technology to measure the effectiveness of your RCM staff.

Review and assess your practice’s financial status in 5 min or less and know exact where you are losing money and why. Measure the work effort of every revenue cycle employee, incentivize and retain your top performers, and help employees that need improvement.

You can prevent most common denials, rejections and write-offs during the scheduling and pre-registration process in advance of the appointment. Configure checkpoints and use central task management to quickly clear patients and keep your front office staffing needs at a minimum.

As team members log in to the web-based application and record each “touch” of a claim,  outcome, and next task, key data points are recorded like who completed the task and when, outcome, task notes, internal / external messages sent, collection success and other data points that feed into our real-time analytics.

Reduce RCM labor dependence with financial clearance, insurance A/R, & patient A/R automation modules with real-time analytics.

Increase productivity and simplify front & back office processes while keeping your staff focused with our flagship PM system.

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