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Care.fi, India’s top healthcare fintech startup, has launched RevNow, the country’s most advanced AI-powered platform for Revenue Cycle Management (RCM), aimed at helping hospitals manage insurance claims.
RevNow is developed as a complete solution to improve, visualize, and boost revenue for healthcare institutions. It aims to change the claim management process for hospitals across India.
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RevNow is an AI-powered tool that simplifies the entire insurance claims process, from patient admission to discharge, and from pre-authorization to claim settlement. It uses advanced analytics and automation to improve accuracy and efficiency, helping hospitals reduce revenue losses, lower claim rejections, and speed up settlements.
Vikrant Agrawal, co-founder, Care.fi said, “We are working towards making healthcare better. With RevNow as well we are providing hospitals with a fully integrated, end-to-end cashless claim management system, encompassing every step from admission to discharge and all claim-related actions for insurers. Care.fi has been transforming healthcare financing in India. The brand has processed over ₹600 crore in claims. It is trusted by 300 hospital partners across the country and has audited and processed more than 100,000 claims to date. We will continue to add to these numbers and launch innovative products”.
Sidak Singh, Co-founder, Care.fi said, “We’re on a journey to find newer & better ways to transform healthcare systems and set up businesses for success and RevNow represents a major leap forward for healthcare institutions looking to optimise their revenue cycle and deliver an efficient, cashless experience for patients. By harnessing AI and automation, we’re enabling hospitals to overcome the traditional challenges of claims processing—delays, rejections, and inefficiencies—and transform them into streamlined, transparent workflows. We’re proud to see RevNow already making a measurable impact in helping hospitals realise, visualise, and optimise their revenue,”
Its Revenue Diagnostics feature works with existing Hospital Information Systems (HIS), Electronic Health Records (EHR), and billing systems to give helpful revenue insights. The platform focuses on claims processing, revenue analysis, and complete cash flow management.
In September 2024, Care.fi had raised 8 crore in debt capital, securing Rs 5 crore from Wint Wealth and Rs 3 crore in impact debt capital from Caspian.
About Care.fi
Gurugram based Care.fi was Co-founded in 2021 by Sidak Singh and Vikrant Agarwal, It is a fintech company that provides smart financing solutions to hospitals, doctors, and related suppliers. It helps fill funding gaps in the healthcare industry, supporting the financial needs of healthcare professionals and institutions for smoother operations and faster growth.
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