Industry Bulletins | May 22, 2023
Adonis, A Health Care-Focused Revenue Cycle Management Platform, Raised $17.3 Million
Adonis, which launched in 2022 to provide a revenue cycle management and automation platform for the health care industry, raised $17.3 million. Its customers include private practices, hospitals, revenue cycle organizations, and digital health provider organizations. The new funding will be used to accelerate product innovation, expand partnerships with major electronic health record (EHR) and practice management systems (PMS), bolster collaboration with some of the country's largest providers, and continue investment in expanding Adonis's health care data processing and linking capabilities.
The Adonis platform uses an artificial intelligence (AI)-driven payment collection process that results in automating . . .