Little Rock, Arkansas-based MedEvolve, Inc. announced that it has been acquired by Emergence, an enterprise backed by The Pritzker Organization. The deal was announced on November 11, 2025. Terms were not disclosed.
MedEvolve offers AI-powered workflow automation and analytics that optimize the revenue cycle from financial clearance through medical billing. By tracking every action required to get claims paid, MedEvolve helps leaders identify inefficiencies, reduce avoidable touches and maximize collections.
Emergence Software partners with high-potential software companies to provide long-term capital and tailored support. Under Emergence’s ownership, MedEvolve will expand its investments in data science, automation and AI-driven analytics.
“We are investing not just in MedEvolve’s technology, but the future of operational intelligence in healthcare,” said Henry T. Zhang, CEO of Emergence. “Matt and his team have built a platform that translates millions of data points into actionable insights about how people, processes and technology perform. Our partnerships are built on shared vision. We will help MedEvolve accelerate its innovation and deliver even greater impact for providers nationwide. We believe MedEvolve will further our work to deliver even greater impact across healthcare.”
According to data captured in the LevinPro HC database, this transaction represents the 269th eHealth acquisition of 2025, and the 50th in the revenue cycle management (RCM) specialty. There were 37 RCM transactions reported in 2024, and 55 reported in 2023. RCM is the most active eHealth specialty so far this year, making up approximately 19% of all eHealth deals announced since January.
