Healthcare technology company VisiQuate has acquired Finvi’s Artiva HCx business, bolstering its revenue cycle analytics and AI capabilities with a platform that manages insurance follow-up, denial management and collections.
The acquisition includes Artiva HCx’s technology, employees and customer relationships. Financial terms were not disclosed.
Santa Rosa, Calif.-based VisiQuate provides analytics, process mining and automation technology that helps healthcare organizations identify unpaid claims, understand payment delays and prioritize revenue recovery activities. Artiva HCx provides workflow management capabilities that route and execute tasks associated with those processes.
“Together, we can build toward a future where knowing what to work on, getting it resolved and actioning those next steps are no longer separate problems,” said Derek Foster, chief strategy officer at VisiQuate.
Artiva HCx customers will gain access to VisiQuate’s reporting, analytics and automation tools, while existing VisiQuate customers will have access to additional revenue cycle workflow capabilities.
VisiQuate said both product suites will continue receiving investment and that existing customer contracts and support arrangements will remain in place.
The acquisition follows VisiQuate’s 2024 partnership with technology investment firm Accel-KKR, which is supporting the company’s expansion.