Emergence Software completed the acquisition of MedEvolve.

Emergence Software, a dedicated permanent equity partner backed by The Pritzker Organization, completed the acquisition of MedEvolve, a healthcare technology company. Financial terms were not disclosed. “Coming out of management consulting in 2006, I saw the opportunity to develop software, specifically workflow automation and analytics, that could drive accountability and measurable performance across the complex revenue cycle. Nearly twenty years later, that vision is more urgent than ever as healthcare organizations fight to maintain financial solvency. With Emergence behind us, we will accelerate development of new AI capabilities to help healthcare organizations meet our new benchmarks, expand operational capacity across the revenue cycle and reclaim margin lost to administrative waste so they can focus on delivering exceptional clinical care to their communities,” Matt Seefeld, MedEvolve CEO.