IKS Health, a technology-backed care enablement platform that offers administrative, clinical and operational support, acquired tech-enabled medical-coding, clinical-documentation and revenue-support company AQuity Solutions for $200 million.
IKS’ platform includes technology and services for clinical support, revenue optimization, digital health and value-based care. The company said the acquisition will allow it to scale its AI solutions with guidance from Reinforced Learning Through Human Feedback (RLHF), thanks to AQuity’s datasets.
The combined company will operate under the name IKS Health. It will have an annual revenue of more than $330 million and a global workforce of more than 14,000 employees, including 1,500 clinicians, 350 medical coders, technology experts, clinical documentation specialists and revenue integrity specialists, Mobi Health News reports. Read more.
