Accel-KKR Buying Revenue Cycle Analytics Provider VisiQuate

By Amit Chowdhry • Oct 3, 2024

VisiQuate is a leading provider of advanced revenue cycle analytics and AI-powered workflow automation software. It dramatically improves performance and reduces process waste. For nearly two decades, VisiQuate has partnered with hospitals and health systems to improve their top and bottom lines.

VisiQuate offers optimized enterprise outcomes through a unique combination of complex data curation, deep AI & ML, advanced analytics and intelligent process automation. This strategic partnership marks a significant chapter in VisiQuate’s journey, utilizing Accel-KKR’s extensive resources and strategic expertise to support the company’s continued growth and innovation.

Accel-KKR is a technology-focused investment firm with $19 billion in cumulative capital commitments. The firm focuses on software and tech-enabled businesses and is well-positioned for top-line and bottom-line growth. And at the core of Accel-KKR’s investment strategy is a commitment to developing strong partnerships with the management teams of its portfolio companies and a focus on building value alongside management by utilizing the significant resources available through the Accel-KKR network.

VisiQuate provides a leading platform for revenue cycle analytics, workflow and automation for health systems that maximizes the visibility and efficiency within the revenue cycle operations team, driving transformational business and financial health for clients.

KEY QUOTES:

“Joining forces with Accel-KKR marks a pivotal milestone for VisiQuate. Healthcare revenue cycle management continues to be burdened with too much waste, inefficiency, and dissatisfaction — and the combined financial angst is mounting at an accelerating pace. We remain passionate and relentless in our pursuit of solutions that drive meaningful change, elevate management, staff and C-suite objectives, and most importantly, deliver undeniable ROI. This partnership with Accel-KKR will accelerate product innovation and expand our expert team, enabling us to help more healthcare systems achieve peak financial performance.”

  • Brian Robertson, founder & CEO of VisiQuate

“VisiQuate delivers mission-critical solutions that empower healthcare organizations to optimize their revenue cycles and enhance financial performance. We are excited to support VisiQuate’s next chapter of growth and look forward to helping them continue to provide industry-leading innovations, while delivering even greater value to their clients.”

  • Park Durrett, Managing Director at Accel-KKR