Knowtion Health, a technology-enabled healthcare revenue cycle management company, has announced the acquisition of revly, a provider of intelligent reimbursement solutions and optimization services, as it looks to broaden its claims routing capabilities and support a wider range of healthcare providers.
The deal strengthens Knowtion Health’s ability to help hospitals and providers identify and capture revenue opportunities both before and after claims submission. By integrating revly’s technology, the combined platform will offer EHR-agnostic solutions designed to improve reimbursement outcomes, reduce accounts receivable timelines, and streamline revenue cycle processes.
Founded in 2021, revly developed a directional billing solution that identifies and routes claims to the highest-paying payer. Its proprietary claims pricing and routing logic enables providers to uncover additional reimbursement opportunities while delivering deeper analytics on revenue leakage. The technology is designed to reduce friction in the revenue cycle and accelerate payments.
Knowtion Health, founded in 2008, currently serves more than 550 hospitals nationwide and manages over $4.5 billion annually in outstanding patient balance accounts. The company combines advanced technology with specialized expertise to help providers resolve complex balances and improve financial performance. Backed by Arsenal Capital Partners and Sunstone Partners, Knowtion Health has been recognized as one of the fastest-growing companies on the Inc. 5000 list.
The acquisition aligns with Knowtion Health’s strategy to scale its offerings and provide more comprehensive, technology-driven solutions in an increasingly complex healthcare reimbursement environment.
KEY QUOTES:
“revly’s outcome-driven approach and deep expertise align closely with our mission to defend providers in an increasingly complex claims environment. Together, the revly and Knowtion Health teams are focused on helping hospitals get paid fully, fairly, and faster at scale.”
Erica Tingley, President & CFO, Knowtion Health
“Becoming part of Knowtion Health is an exciting next chapter for the revly team. Our shared values and mission alignment made this a natural fit. Our teams alongside the combined technology will set a new standard for supporting providers with their claims routing, and we are energized by the opportunities ahead.”
Bennett Holden, Founder, revly
