Actively hiring
Revenue Cycle & Medical Billing
Artificial Intelligence
Health Care
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Overview
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Salaries
Products
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Financials
Funding and backers
Total raised
$4M
1 round on record
Latest round
$4M
Venture round · Nov 2024 · 22 mo ago
Team
1-10
employees, estimated range
Backers
1
Drive Capital
The money's age
Due for its next round
22 months since the last round · not hiring
Momentum
15/100
in the news
Last sign of life
this month
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Nov 27, 2024
Raised a round Venture round $4M
Nov 25, 2024
Launched Cofactor AI Launches Platform to Help Hospitals Fight Tidal Wave of Claims Denials and Announces $4 Million Seed Round · globenewswire
Funding rounds
| Round | Date | Amount | Investors | Source |
|---|---|---|---|---|
| Venture round | Nov 2024 | $4M | — | mobihealthnews.com |
Backed byfrom the funds' portfolios and accelerator catalogs
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News
The Case for AI Transformation in Healthcare
Healthcare has never found a way to grow without growing headcount. That's finally changing, but only for the organizations willing to transform, not just adopt another tool.
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Why Health Systems Are Bringing Denial Management In-House (And What It Actually Takes)
More health systems are pulling denial management back in-house. Here's what's driving the shift, what infrastructure it actually requires, and where most organizations underestimate the complexity.
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The HIM Advantage: How This Cross-Functional Role Improves AI Success in Revenue Cycle
HIM leaders bridge clinical, coding, and payer knowledge, making them essential to AI success. Learn how this cross-functional role drives ROI.
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CMS Launches New Medicare Advantage Complaint Form: When to File a Complaint vs. Appeal a Denial
Discover how to effectively use the new Medicare Advantage Complaint Form. Learn when to file a Complaint Form and when to appeal a denial.
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How to Evaluate Revenue Cycle Gaps: Executive Guide to Vendor Selection
Move from pain points to confident vendor decisions. Learn how RCM executives prioritize initiatives, evaluate solutions against outcomes, and drive measurable ROI.
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One Agent to 3x Memorial's Appeal Capacity
Cofactor partnered with Memorial to bring structure, speed, and visibility to their DRG workflows. What began as a solution for operational backlog quickly became a strategic driver across revenue cycle operations and documentation workflows.
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Report
The Denial Overturn Playbook: What We Learned From Winning Against Major Payers
Stop losing sepsis, respiratory failure, and MCC denials. This complete playbook reveals policy-first appeal strategies that win across major payers. Get condition-specific evidence checklists, two-column proof tables, ICD-10 guideline citations, and 48-h
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The Court Just Ruled on Medicare Advantage Audits. Here's Why That's Your Problem.
A federal court blocked CMS statistical extrapolation in RADV audits, but provider documentation requirements remain unchanged. AI-powered fraud detection, payment suspensions, and multiple audit programs continue unaffected. Learn what the ruling actuall
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The #1 Problem Every Hospital Mentioned - And What We Learned at Three Major Revenue Cycle Conferences
Cofactor's founders share insights from DMEx, Open at Epic, and RIS 2025: why patient registration is every hospital's #1 denial problem, payer contract tactics, Epic integration challenges, and what revenue integrity leaders are doing about increasing de
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Report
Aetna's Policy Shift: How "Approved" Inpatient Claims Could Cost You Millions
Aetna's new Medicare Advantage policy will approve inpatient admissions but pay many at observation rates with no appeal rights. Revenue cycle leaders need immediate strategies.
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Show more news
Financials
Total raised
$4M
Latest round
Venture - Series Unknown
Funding rounds
1
Funding rounds
| Round | Announced | Amount | |
|---|---|---|---|
| Venture - Series Unknown | 2024 | $4M | Details |

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