Reveleer – a leading AI-powered healthcare technology data and analytics company committed to advancing sustainable value-based care for health plans and risk-bearing providers – announced it has raised over $65 million in new capital in a financing round led by Hercules Capital.
The deal to buy Dynamic Healthcare Systems in 2022 expanded Reveleer’s integrated workflow platform, now incorporating member management, revenue optimization, and HCC Analytics. And in 2023, Reveleer acquired MDPortals, a leading prospective risk platform enabling payers and providers to close care gaps at the point of care, improving health outcomes.
These strategic deals underscore Reveleer’s commitment to advancing value-based care objectives by proactively addressing care gaps, enhancing patient outcomes, and optimizing financial performance. Backed with recent capital investments, Reveleer continues its momentum to expand its offerings for payers and providers, delivering the market’s most comprehensive workflow, data, and analytics solutions.
Reveleer’s suite of solutions for Prospective Risk Adjustment, Quality Improvement, and Member Management is the preferred choice for numerous leading national payers and value-based care providers. And these solutions deliver tangible ROI and directly elevate the standard of care for all members and patients.
KEY QUOTES:
“This funding will have a tremendous impact as it positions us to strategically pursue inorganic growth opportunities in value-based-care technology, accelerating innovation and enhancing patient care through healthcare AI technology. With this infusion of capital, we can swiftly seize market opportunities and further our mission. We are excited to have Hercules Capital as a new financial partner.”
– Jay Ackerman, CEO and President at Reveleer
“We are enthusiastic about the opportunities automation has unlocked for value-based care models nationwide. Reveleer has a demonstrated track record of growth across its operations, consistently delivering improved clinical outcomes for its growing roster of payer and provider clients, and we look forward to our continued partnership.”
– Andrew Adams, Co-Founder and Managing Partner at Oak HC/FT
“Backing Reveleer’s growth trajectory is crucial as the company tackles significant challenges for payers and providers, including handling the influx of clinical data, optimizing workflow efficiency, and bridging care gaps.”
– Tom Hertzberg, Managing Director at Hercules Capital
