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2026-10-02

$25M of new funding is targeting healthcare revenue cycle and prior authorization

1 funded company building into healthcare revenue cycle and prior authorization. The work in scope is what the VP Revenue Cycle owns today.

The funding

Penelope Health$25Mannounced 2026-09-30

Real-time access to payer medical coverage policies. See which CPT, ICD and HCPCS codes are covered for each payer, plan and state.

Penelope Health Inc. Form D filing →

What it means

Capital arriving in a function is a reliable leading indicator. It does not mean the incumbents are wrong, and it does not mean these companies will succeed. It means that within the next few quarters the people who run this work will be asked what their function is doing about it, and the honest answer has to start with where that function actually stands.

So we built the assessment for it. Not a purchase decision, a structured set of questions to take to your own team.

Mastering Prior Authorization and Revenue Cycle Integrity
12 modules. 144 chapters. Downloadable templates for every module, and an implementation playbook built for you after enrolment. 21 reviews.
View the course

See every market signal →

$25M funded in Healthcare revenue cycle and prior authorization | The Art of Service