AgentAI Partners with Leading Healthcare Investors to Transform Medical Billing for U.S. Providers
AgentAI, the AI platform transforming the revenue cycle management (RCM) industry, today announced it has secured a significant growth investment co-led by Transformation Capital, a leading growth equity firm in digital health, and EIR Partners, a private equity firm focused on healthcare technology.
The new capital will accelerate AgentAI's strategy of acquiring small and medium-sized medical billing companies and integrating its proprietary AI technology to deliver superior results for their healthcare provider clients. The company's platform automates the majority of manual RCM tasks, shrinking a week-long billing cycle to a matter of hours, and dramatically improving financial outcomes for providers.
"AgentAI is addressing one of the most critical and inefficient areas in healthcare," said Mike Dixon, Managing Partner at Transformation Capital. "By automating high-friction RCM workflows, AgentAI has a proven track record of reducing billing errors and accelerating collections for specialty provider groups. We're thrilled to partner with Zorik and the AgentAI team to deliver a better billing experience for providers — so clinicians can spend more time with patients and less on practice operations."
"The RCM market is fragmented and ripe for technological disruption," said Brett Carlson, Partner at EIR Partners. "AgentAI's strategy of acquiring smaller billing companies and supercharging their operations with a proprietary AI platform is incredibly compelling. They are building a new kind of RCM leader, and we are excited to support their aggressive growth and acquisition roadmap."
This investment will be used to enhance AgentAI's platform and expand its acquisition capacity nationwide. The platform has demonstrated significant RCM improvements for providers, including achieving ~99% clean-claim rates, accelerating provider payments by up to 40%, and reducing aged accounts receivable by nearly 75%.
"Partnering with firms of the caliber of Transformation Capital and EIR Partners, who collectively manage over $2.3 billion in assets, is a powerful endorsement of our vision and strategy," said Zorik Gordon, CEO of AgentAI. "This capital will allow us to accelerate our acquisition strategy, scale our technology, and bring same-day billing and unprecedented financial outcomes to even more healthcare providers across the country."
Media contact: Michael Gorodetsky, VP of Operations · press@agentai.app
Original release on agentai.app →