Vendor list · AI for Healthcare Revenue Cycle + Admin Operations
AI for Healthcare Revenue Cycle + Admin Operations.
How we score
Four stages, evidence-graded throughout.
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Inclusion criteria
Public pricing. Integrations doc. Ten or more customers. Self-serve path.
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Weighted rubric
Each dimension scored zero to four. Every cell tagged MEASURED, CITED, or ESTIMATED.
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Total score
Weighted sum out of one hundred. Seven-day right-of-reply window before publishing.
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Ranked and published
Updated when new vendors qualify or when fact-check replies land corrections.
This cohort's rubric
- AI capability depth15%
- Workflow integration depth25%
- Vertical specialization15%
- Implementation + time-to-value10%
- Data + compliance posture (HIPAA/HITRUST)20%
- Pricing + scalability5%
- Vendor strength + named-customer evidence10%
Inclusion criteria
- Prior auth + utilization management: auth submission/approval automation, peer-to-peer.
- Medical coding + billing AI: CPT/ICD-10 coding from notes, charge capture.
- Claims management + denials: claims scrubbing, denial prediction, appeal automation.
- Patient access / intake automation: registration, eligibility, scheduling.
- Referral management + patient acquisition: referral routing, outbound nurturing.
A quick read on the top of the rubric. Each card links into the full scorecard in the next tab.
- 01 CodaMetrix 81 /100
- 02 Waystar 75 /100
- 03 Innovaccer 69 /100
- 04 Nym Health 69 /100
- 05 Phreesia 69 /100
- 06 AKASA 66 /100
- 07 SmarterDx (Smarter Technologies) 66 /100
- 08 Fathom 65 /100
- 09 Adonis Intelligence 64 /100
- 10 Humata Health 63 /100
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01 CodaMetrix Cross-industry 81 /100
Top strength Ranked No. 1 in the inaugural 2026 Best in KLAS for Autonomous Coding (93% would buy again, 8.0 likely-to-recommend), with Epic Toolbox certification, over $180B aggregate net patient revenue across customers, and ~$109M raised.
Top gap Compliance is the lowest dimension (2/4): public surface shows only SOC 2 and AWS footer badges, no HITRUST attestation, no resolving trust page, and no named CISO.
Best for Large academic medical centers and integrated delivery networks on Epic with multi-specialty coding volume that can amortize an enterprise contract.
02 Waystar Cross-industry 75 /100
Top strength Public company (Nasdaq: WAY) with HITRUST CSF certified, SOC 2 Type II, Best in KLAS every year since 2010, 30,000+ clients, $2.4T claims processed annually, and AltitudeAI that prevented $15.5B in denials.
Top gap Lowest dimension is pricing scalability (2/4): quote-only with no published pricing, and EHR-marketplace certification details are limited.
Best for Large health systems and multi-specialty groups seeking an end-to-end, AI-augmented revenue-cycle platform with established Epic connectivity.
03 Innovaccer Cross-industry 69 /100
Top strength Broad healthcare AI platform with $675M raised at a ~$3.45B valuation, 130+ organizations including seven of the ten largest US health systems, 80M+ patients covered, HITRUST certification, and multiple Best in KLAS distinctions.
Top gap Applied -5 integration penalty: EHR integrations are confirmed at named deployments but there is no published Epic Toolbox or Cerner CODE marketplace certification.
Best for Large health systems layering AI-augmented revenue-cycle automation onto an existing multi-EHR stack without a rip-and-replace.
04 Nym Health Cross-industry 69 /100
Top strength KLAS Top Performer in the first autonomous-coding report (89.6 across 12 customers) with an Epic Showroom Toolbox listing and a rules-based audit-trail architecture; ~$92M raised, 6M+ charts annually.
Top gap Compliance is held at 2/4: SOC 2 only mapped to HITRUST, no HITRUST CSF certification, and /trust and /security both return 404.
Best for Epic-anchored health systems above $250M revenue, especially ED and radiology heavy, that need code-level auditability.
05 Phreesia Cross-industry 69 /100
Top strength Scores 4/4 on workflow integration: Epic Connection Hub listing plus the cohort's broadest EHR connector list, with $480.6M FY2026 revenue and ~180M patient visits enabled in 2025.
Top gap AI is an administrative bolt-on (ai_native_score 25), and May 2026 securities class actions plus an FY27 guidance cut are forward-looking risks for multi-year buyers.
Best for Mid-market and enterprise ambulatory groups wanting one front-of-cycle platform spanning scheduling, eligibility, and time-of-service collections.
06 AKASA Cross-industry 66 /100
Top strength Strongest enterprise GenAI revenue-cycle vendor in the cohort: $205M raised, a four-month Cleveland Clinic GenAI Coding and CDI rollout across all US locations, the Cerner-preferred RCM automation designation, and Black Book #1 Most Promising RCM Startup 2025 at 95.2 out of 100.
Top gap Pricing is fully opaque (no published per-encounter or per-claim anchor) and model governance is thin, with no named foundation model, model card, or PHI-training opt-out disclosed.
Best for Large integrated delivery networks and academic medical centers over $250M revenue on Epic or Oracle Health automating mid-cycle coding and CDI.
07 SmarterDx (Smarter Technologies) Cross-industry 66 /100
Top strength Scores 4/4 on vertical specialization and implementation: KLAS 98 satisfaction with 100% highly satisfied, named outcomes (McLaren $11.3M, UAMS $5.3M), Novant 8-week deploy, and Day-One 5:1 ROI on a contingency model.
Top gap Compliance is held at 2/4: public surface is a single SOC 2 Type II plus HIPAA footer line, no HITRUST, no trust page, and no named CISO.
Best for CFOs and revenue-integrity leaders at 200+ bed Epic or Cerner health systems with a centralized CDI program and inpatient discharge volume.
08 Fathom Cross-industry 65 /100
Top strength Operating standard for outpatient autonomous coding: KLAS-validated 95.5 out of 100 and #1 for Reducing the Cost of Care, with a named Your Health deployment at 95.5% automation, 98.3% accuracy, and a +$35M revenue benchmarking increase.
Top gap Compliance is held at 2/4: HITRUST at the i1 tier rather than r2, and the foundation model is undisclosed with no peer-reviewed accuracy study.
Best for Mid-market to enterprise outpatient health systems and large physician groups on Epic or athenahealth with an existing coding operation to displace.
09 Adonis Intelligence Denial and AR automation for revenue cycle teams Cross-industry 64 /100
Top strength $95M+ raised across Seed to Series C; >4x revenue growth in 2025. Net retention above 130%. Named: Mount Sinai, Baptist Health South Florida, AdventHealth, ApolloMD, Redefine Healthcare. Stedi clearinghouse stack (3,400+ US payors via 837P / 835).
Top gap LLM / agent architecture entirely undisclosed. Model-training opt-out default undocumented. HITRUST CSF tier (r2/e1/i1) + SOC 2 Type II audit date not published. No FHIR R4 / SMART on FHIR conformance.
Best for Provider groups, hospitals and health systems that want denials, AR follow-up and payer delays flagged early and worked automatically.
10 Humata Health Cross-industry 63 /100
Top strength Focused prior-authorization platform with HITRUST CSF r2 plus SOC 2 Type II, 250+ payer connections, a 96% first-pass approval rate, named deployments (AHN, UHealth), and CMS WISeR plus Optum partnerships.
Top gap Implementation time-to-value is undisclosed (scored 0): no go-live timeline, customer size band, or pricing anchor disclosed.
Best for Health systems and provider groups seeking touchless prior-authorization automation inside existing EHR workflows.
11 RapidClaims Cross-industry 61 /100
Top strength Scores 3/4 on AI capability and workflow integration: autonomous coding agents at 96% accuracy across 36+ specialties, 70+ EHR connectors, and BlackBook 2025/2026 #1 plus Frost & Sullivan recognition.
Top gap Compliance is 2/4 with HITRUST only aligned not certified, and all customer outcomes and scale metrics are vendor-authored with no named hospital references.
Best for Mid-to-large health systems and physician groups seeking fast-deploying autonomous coding plus denial recovery across complex specialties.
12 Cohere Health Payor-side prior-authorization + utilization-management AI Cross-industry 56 /100
Top strength Most operationally mature payor-side PA vendor. 12M+ annual PA volume; 16M+ covered lives. HITRUST r2 + URAC + NCQA certified. Strong commercial-payor case studies (Humana, Geisinger).
Top gap Foundation LLM not publicly named. SOC 2 Type II not disclosed. No peer-reviewed validation on PA-determination accuracy. Texas WISeR Q1 2026 field data (62% first-try approval) contradicts commercial-payor case studies. WISeR share-of-savings (10-20% of averted expenditures) compensation model warrants buyer scrutiny.
Best for Health plans and insurers seeking to automate prior authorization and medical necessity review.
13 Myndshft Cross-industry 55 /100
Top strength HITRUST r2 certified with a unified medical and pharmacy prior authorization platform; a case study reported 93% turnaround improvement and a 21.8% collections lift over six months.
Top gap Lowest dimension is pricing scalability (1/4): quote-only with no published tiers, and no named enterprise customers or marketplace certifications.
Best for Specialty pharmacies and infusion providers seeking automated prior authorization across both medical and pharmacy benefits.
14 Anterior FHIR-native clinical-reasoning engine for payer utilization management: AI medical-necessity review and prior authorization automation. Cross-industry 54 /100
Top strength Scores 54/100. AI capability depth (3/4) and vendor strength (3/4) lead: a FHIR-native clinical-reasoning engine for payer utilization management with a 6M-authorization case study at 99.24% KLAS-validated accuracy and 155-second decisions, $64M raised from NEA and Sequoia, and named Geisinger and HealthEdge deployments. Five-day deployment (implementation 3/4).
Top gap Workflow integration depth scores 2/4: payer-side connectors (HealthEdge GuidingCare, MCG, FHIR) but no provider-side EHR marketplace certification. Data and compliance posture is 2/4 (HITRUST E1 rather than r2; SOC 2 not displayed).
Best for Health plans and delegated utilization-management entities needing rapid-deployment AI for medical-necessity reviews and prior authorization inside platforms such as HealthEdge GuidingCare.
15 AGS Health Cross-industry 53 /100
Top strength Largest RCM BPO-plus-AI vendor in cohort: Blackstone-owned ($1B+ deal), $59B A/R processed and 60M+ charts coded annually; scores 3/4 on workflow_integration_depth, vertical_specialization, and vendor_strength_evidence, with 2025 Black Book Top Mid-Cycle and 2021 Best in KLAS recognition.
Top gap AI capability depth is 2/4 (bolt-on AI via 2021 EZDI acquisition, undisclosed foundation model), and compliance is HITRUST i1 not r2; integration and pricing penalties apply (-10 total).
Best for $250M+ multi-hospital health systems wanting one accountable vendor running coding, A/R, denials, and authorization across a heterogeneous EHR landscape.
16 Latent Health Cross-industry 53 /100
Top strength Raised $80M Series A (March 2026) with 45+ health system partners and named customers including Yale New Haven, Mount Sinai, Vanderbilt, and Ochsner serving 2M+ patients annually.
Top gap Lowest dimension is data compliance: no HIPAA BAA, SOC 2, or HITRUST disclosed, and the ToS states the site is not tailored for HIPAA.
Best for Health systems seeking AI-driven prior authorization and medication-access automation with rapid implementation and existing enterprise relationships.
17 Xsolis Cross-industry 51 /100
Top strength KLAS #1 Physician Advisory Services for five years with HITRUST r2 certification, 500+ hospitals, 6.6 billion predictions made, and $1.5B aggregate cost savings; $75M growth investment from Brighton Park.
Top gap Applied -5 integration penalty: no marketplace certification (no Epic App Orchard or Cerner CODE) and only generic bidirectional EMR integration with no named EHR connectors.
Best for Health systems seeking AI-supported utilization review, length-of-stay prediction, and payer-collaboration workflows.
18 Janus Health Cross-industry 46 /100
Top strength Heritage RCM workflow-automation platform with a named enterprise roster (CommonSpirit, UCHealth, Wellstar, Carle Health) and a 2023 KLAS spotlight where 100% of interviewed customers would repurchase; ~$64M raised.
Top gap AI is layered on a pre-LLM workflow-mining base (ai_native_score 50), HITRUST is absent where peers hold it, and the most recent third-party benchmark is dated 2023.
Best for Mid-market regional health systems and academic medical centers on Epic adding prior-auth, referral, and claim-follow-up automation to existing RCM staff.
19 MediCodio Cross-industry 46 /100
Top strength Dual-mode CODIO AI (CoPilot plus AutoPilot zero-touch) with ISO 27001:2022 and HIPAA, Veradigm Connect certification, and coverage across 50+ specialties and 75K+ charts.
Top gap Evidence is entirely vendor-authored with no funding, headcount, independent benchmarks, or named enterprise deployments, and no marketplace certification beyond Veradigm.
Best for Ambulatory surgery centers and physician practices wanting AI-assisted coding with hybrid human-AI workflows and pilot programs before full rollout.
20 CombineHealth Cross-industry 45 /100
Top strength Multi-agent RCM platform with proprietary agentic AI trained on billions of records, spanning coding, billing, denials, and scribing across multiple specialties with an explicit no-PHI-in-training policy.
Top gap Evidence is entirely vendor-authored: no funding, headcount, founded date, named customers, EHR integrations, HITRUST, or independent validation disclosed.
Best for Early-stage health systems or groups wanting an end-to-end AI RCM agent suite and willing to accept anonymous reference evidence.
21 Infinitus Systems Cross-industry 45 /100
Top strength Most operationally mature healthcare voice-AI platform: 100M+ minutes and 8M+ calls automated, 1,400+ payors, 8 of 10 top pharma manufacturers, a16z-led $102.9M Series C, and a published pricing model.
Top gap AI is administratively scoped (not clinical or coding), integration lacks a marketplace certification, and HITRUST rides the GCP cloud rather than vendor-held, drawing two penalties.
Best for Enterprise payors, specialty pharmacies, and pharma hub-services teams automating benefit-verification and prior-auth-status call volume.
22 Collectly Cross-industry 43 /100
Top strength Patient-facing RCM specialist with 3,000+ healthcare facilities, $1B+ in patient payments collected, the Billie AI voice and eligibility agents, and HITRUST i1 plus SOC 2 Type 2; $34.1M Series A led by Sapphire Ventures.
Top gap Lowest dimension is pricing (1/4): quote-only with no published tiers, plus no marketplace certification and no KLAS or Black Book ranking.
Best for Healthcare providers seeking AI-driven patient billing outreach and eligibility verification across 20+ EHR and PM platforms.
23 Develop Health Agentic LLM ensemble for medication-access prior authorization and benefit verification, integrated with Athenahealth and a public API. Cross-industry 43 /100
Top strength Scores 43/100. Vertical specialization (3/4) and implementation speed (3/4) lead: an agentic LLM ensemble for medication-access prior authorization and benefit verification spanning providers, payers, pharmacies and life sciences, with named customers live in days, an Athena Marketplace listing, and a public API.
Top gap Vendor-strength evidence scores 1/4 (no named investors, funding, or third-party rankings disclosed) and pricing scalability 1/4 (quote-only with SMB practices in scope). Compliance is badge-only (HIPAA, SOC2, HITRUST) with no trust page or tier detail (2/4).
Best for Independent practices and specialty groups needing rapid prior-authorization automation through Athena or a public API.
24 Rivet Health Cross-industry 43 /100
Top strength Pure-play provider-side RCM analytics bundle (Revenue Diagnostics, Payer Performance, Patient Pricing) with a BoulderCentre deployment independently corroborated by athenahealth; acquired by Zelis January 2026.
Top gap Lowest dimension is pricing (1/4): /pricing serves a product page not SaaS pricing, no per-tier anchor, and the cohort's named raw=1 reference on this dim.
Best for 5-to-100-provider ambulatory specialty groups on mid-tier EHRs wanting cost estimates, payer-contract benchmarking, and underpayment recovery in one bundle.
25 EliseAI Cross-industry 38 /100
Top strength Well-capitalized conversational-AI platform with $360M total funding and $200M ARR, handling patient inquiries, prior auth, and billing, with one clinic cited at a 24-hour go-live.
Top gap Housing-primary product (entered healthcare in 2023) with thin healthcare customer evidence, drawing a scale penalty and an internal cohort-fit signal; no HITRUST.
Best for Small specialty practices seeking early-stage healthcare admin automation, and housing operators wanting agentic leasing AI.
26 aiHealth Cross-industry 35 /100
Top strength Autonomous coding engine scoring highest on vertical_specialization (3/4) for ambulatory specialties (ENT, GI, orthopedics, urology), with HITRUST e1 certification, 90%+ automation and up to 95% accuracy claims, and a $500k coding-cost-savings outcome at Twin Cities Orthopedics.
Top gap Pricing scalability and vendor strength score 1/4, evidence is entirely vendor-authored, and penalties total -15; founded year, funding, and headcount are undisclosed.
Best for Ambulatory multi-specialty practices and RCM vendors seeking AI coding automation with HITRUST e1 posture and listed EHR partners.
27 Tennr AI intake + faxes + referral processing Cross-industry 33 /100
Top strength Strongest DME / specialty / infusion / home-medical intake automation in cohort. 10M+ documents/month, 150+ healthcare orgs, $605M valuation. Concrete falsifiable named-customer outcomes. RaeLM model architecture published.
Top gap Trust + customers pages return 404 as of 2026-05-17 (procurement-friction signal). HITRUST status / level / target date not claimed. Whether customer PHI is excluded from RaeLM training by default in standard DPA undocumented. No Epic App Orchard / Cerner CODE / SMART on FHIR conformance.
Best for DME / specialty / infusion / home-medical groups. Workflow automation, not clinical decision. Pilot stage.
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