Innovaccer acquires CaduceusHealth with an eye toward autonomous RCM

With its acquisition of Caduceus Health for a reported $66 million, healthcare unicorn Innovaccer says it can better help providers directly address what is costing them billions of dollars in avoidable losses every year – record rates of care denials. The new deal adds capabilities to Innovaccer's agentic revenue cycle management (RCM) platform, the healthcare artificial intelligence vendor said.