Knowtion Health

Overview

Knowtion Health, founded in 2008 and based in Boca Raton, Florida, operates within the Business Services industry, specifically focusing on accounting and corporate services as well as healthcare-related solutions. The company has a workforce of 201 to 500 employees and reported revenue of approximately $38.7 million. Knowtion Health specializes in addressing challenges faced by healthcare organizations, particularly in the areas of denials management and accounts receivable (A/R) management. Their recent market study, “Race for Cash: Pivoting Your Denials Strategy for a New Era,” highlights significant concerns among healthcare leaders regarding rising denial rates and underpayments. The study reveals that a substantial number of hospital CFOs and revenue cycle leaders express low confidence in their current denials management efforts, with many anticipating challenges in meeting cash flow targets. The findings underscore the need for effective strategies in managing denials and improving revenue recovery, particularly in light of increasing complexity in payment processes and a shortage of skilled talent in the field.

Industry