Long Tail, a Chicago-based AI-native healthcare technology company focused on utilization management and physician advisory services, has received a strategic growth investment from Eir Partners Capital. Financial terms of the transaction were not disclosed.
Founded in 2023, Long Tail develops software and services designed to help hospitals, medical centers, and health systems navigate payer complexity. Its platform leverages proprietary payer intelligence and AI-driven automation to improve reimbursement outcomes, streamline denial workflows, and reduce operational costs tied to utilization management and physician advisory programs.
The company’s approach centers on aggregating insights from a growing network of providers and physicians, enabling healthcare organizations to better understand payer behavior and optimize revenue cycle performance. By targeting utilization management, a key driver of high-cost claim denials, Long Tail aims to address one of the most significant inefficiencies in healthcare operations.
The new investment will support continued product innovation, expansion of Long Tail’s proprietary data network, and scaling of its go-to-market capabilities as demand increases across health systems. Eir Partners Capital, a Miami-based private equity firm focused on healthcare technology and tech-enabled services, typically invests in growth-stage companies and works closely with management teams to build scaled platforms across payer, provider, employer, and pharmaceutical sectors.
KEY QUOTES
“We are thrilled to partner with Eir Partners and view their investment as a powerful endorsement of our vision, strategy and market leadership. Their extensive expertise in healthcare technology and proven operator-led approach make them the ideal partner for our Company as we continue delivering measurable value to our customers. We are looking forward to a successful partnership.”
Jeff Means, Chief Executive Officer and Co-Founder of Long Tail
“Utilization management and physician advisory remains a complex and under tapped market with limited technology yet enormous impact on the financial viability of health systems. We have been searching for a partner to build a category leader in this space and believe that Long Tail will solve for the market’s needs during an accelerated growth period with our partnership. Jeff, Chris, Austin and team have built the foundation for an enormously impactful company for this next phase.”
Brett Carlson, Founder and Chief Executive Officer of Eir Partners Capital
