Revenue Cycle Solution Provider Knowtion Health Set To Be Acquired By Arsenal Capital Partners
Arsenal Capital Partners reached an agreement to acquire Knowtion Health, which provides revenue cycle insurance claim resolution services supported by artificial intelligence (AI)-enabled technologies. Financial terms of the transaction were not disclosed. ;
Knowtion’s ClaimBRAIN AI-enabled platform combines human expertise with AI technology to resolve insurance claims with efficiency. It aims to optimize hospital and health systems' insurance claim resolution and recoveries. Its approaches use multiple AI techniques, including natural language processing, machine learning, and generative AI.
Knowtion Health was founded in 2008. Sunstone Partners is current majority owner of Knowtion, and it will maintain a strategic . . .