Becker's Healthcare May 28, 2025
Andrew Cass

R1 RCM has received an investment from venture capital firm Khosla Ventures to further its push into AI-powered healthcare revenue cycle transformation.

Khosla Ventures is a leading backer of AI companies, according to a May 28 R1 RCM news release. It was the first investor in OpenAI, Block and DoorDash and was an early investor in Cognition and Sword Health.

The investment comes after R1 partnered with Palantir Technologies in March to launch R37, an advanced artificial intelligence lab dedicated to “revolutionizing healthcare financial performance.”

R37 aims to “drive comprehensive automation in revenue cycle operations, reengineering labor-intensive processes such as coding, billing,...

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Topics: AI (Artificial Intelligence), Investments, RCM (Revenue Cycle Mgmt), Technology, Trends
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