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Rivet Health: The $12.6M Bet on AI RCM
How 87 employees are tackling a $1.4T healthcare billing crisis
While most healthcare tech focuses on patient care, the real bottleneck is the money: a $1.4 trillion revenue cycle plagued by inefficiency. Rivet Health isn't just building software for this—they're building the intelligence layer for it, backed by $31.5M to automate the chaos of medical billing.
"They aren't just tracking claims—they're predicting revenue."
The Growth Trajectory
Rivet Health is scaling aggressively in a fragmented market. With $12.6M in revenue and 87 employees, they are capital efficient, running lean compared to legacy giants. Their $31.5M funding war chest is being deployed to automate contract management and claims analytics, turning reactive billing into proactive revenue strategy.
The Customer Profile
Their traffic data reveals a sophisticated user base. The top search term is 'rivet' (39k volume), indicating strong brand recall. More telling is the search for 'certified revenue cycle representative' and 'AI RCM venture capital'—these aren't random clicks. They are attracting practice managers, revenue cycle leaders, and investors looking for the next generation of healthcare infrastructure.
The website's headline metrics—'1.4T+', '500M+', '5.5M+'—aren't vanity metrics; they represent the scale of financial transactions Rivet Health processes. They are positioning themselves not as a tool, but as a financial operating system for healthcare practices, directly challenging the status quo of manual, error-prone billing cycles.
- Direct traffic dominates (68%), signaling high-intent users and strong word-of-mouth in the healthcare community.
- The tech stack (Tailwind, jQuery, Slick) suggests a modern, responsive frontend focused on usability for busy administrators.
- Leadership includes Ted Ferrin (CEO) and Andrew Harding (VP of Customer Success), combining technical vision with deep healthcare operational expertise.
The Verdict: A Quiet Giant in the Making
Rivet Health is solving the unsexy, high-value problem of healthcare cash flow—and that's exactly why it's dangerous.
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Transform Healthcare Revenue Cycle Management with Rivet Health
From contract management to claims analytics, Rivet Health's tools simplify and optimize your practice's revenue cycle. Improve both productivity and boost revenue!
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About rivethealth.com
From contract management to claims analytics, Rivet Health's tools simplify and optimize your practice's revenue cycle. Improve both productivity and boost revenue!
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Technology Stack
rivethealth.com uses 23 technologies across their website including Adobe Fonts, reCAPTCHA, Contentful, Webflow, and more.
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Contentful, Webflow
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cdnjs, jsDelivr
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AWS CloudFront, Cloudflare
Marketing Automation
HubSpot
Traffic & Audience
rivethealth.com receives approximately 33.6K monthly visitors and ranks #753,380 globally. The website has a bounce rate of 26% with visitors viewing an average of 3.1 pages per visit. Users spend an average of 0:54 on the site.
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