Care.fi has announced the launch of RevNow, hailed as India’s most advanced AI-powered Revenue Cycle Management (RCM) platform. Developed to address the critical challenges hospitals face in managing insurance claims, RevNow is set to transform the claim management landscape for healthcare institutions across the country.

RevNow functions as a comprehensive tool designed to streamline every aspect of the insurance claims process, covering the journey from patient admission to discharge, pre-authorisation to post-authorisation, and claim adjudication to settlement. By leveraging advanced analytics and automation, the platform aims to eliminate inefficiencies, reduce revenue shortfalls, and accelerate the settlement of claims, offering a significant improvement over traditional processes.

The platform’s capabilities enable hospitals to optimise patient discharge times, ensuring that patients can leave within 30 minutes of final bill generation. This drastically reduces waiting times, creating a seamless and efficient patient experience while enhancing operational efficiency. By automating workflows and minimising manual steps, RevNow also helps hospitals optimise resource utilisation, improving staff productivity and cutting administrative costs.

“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,” said Sidak Singh, Co-founder, Care.fi. “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” added Singh.

Co-founder Vikrant Agrawal emphasised Care.fi’s vision to improve healthcare systems in India. He stated, “We are working towards making healthcare better. With RevNow, we are providing hospitals with a fully integrated, end-to-end cashless claim management system. Care.fi has already processed over ₹600 crore in claims and is trusted by 300 hospital partners nationwide. We will continue to add to these numbers and launch innovative products.”

RevNow offers real-time query notifications and automated responses, ensuring prompt updates and reducing errors during claim processing. Its integrated mailing service simplifies the management of pre-authorisation and post-authorisation workflows, while its real-time cashflow reconciliation feature gives hospitals greater transparency and control over their financial streams. These innovations empower hospitals, including those not empaneled with GIPSA or insurance providers, to provide a cashless experience for patients and ensure faster settlements, with funds transferred directly to their accounts within 3–5 days post-discharge.

Acting as a comprehensive financial operating system for hospitals, RevNow integrates seamlessly with existing Hospital Information Systems (HIS) and Electronic Health Records (EHR). It provides actionable insights into revenue cycles, addressing critical areas such as single-window claims processing, revenue diagnostics, and end-to-end cashflow management. Combined with Care.fi’s CareCred solutions, RevNow equips healthcare providers with the tools necessary to sustain and expand operations by addressing working capital challenges and optimising revenue cycles.