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Ensemble Health Partners provides end-to-end revenue cycle management for hospitals and health systems. It handles the entire process from patient intake to final payment, with teams and technology embedded into the provider's operations and a revenue model tied to performance improvements. The company uses its proprietary EIQ platform (analytics, AI, and workflow automation) to optimize revenue cycle processes, reduce insurance denials, and speed cash collection, managing more than $39 billion in net patient revenue. Its approach differentiates it by being a true managed-services partner with full accountability for financial outcomes and a track record of meeting initial client goals. The overarching goal is to improve healthcare providers’ financial performance so they can focus on patient care.
Industries
Data & Analytics
Enterprise Software
Financial Services
Healthcare
Company Size
5,001-10,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Huntersville, North Carolina
Founded
2014
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June 2026thoreau to make strategic growth investment in Ensemble. CINCINNATI, Ohio, June 17, 2026 (GLOBE NEWSWIRE) - Ensemble, the nation's leading end-to-end revenue cycle managed services partner for healthcare organizations, announced today that Thoreau, the healthcare investment platform founded by Matt Holt, has entered into an agreement to make a strategic growth investment in the company. Berkshire Partners, Warburg Pincus, and Bon Secours Mercy Health will continue as investors in Ensemble alongside Thoreau. Ensemble manages end-to-end revenue cycle operations for health systems nationwide, including more than 200 hospitals, spanning patient access, coding, claims management, denial prevention, accounts receivable follow-up, and the patient financial experience. Through a combination of certified revenue cycle operators, data-rich intelligence, and advanced AI, Ensemble helps healthcare organizations sustain best-practice revenue cycle operations so providers can focus on delivering exceptional care in their communities. The investment will support Ensemble's continued growth and accelerate investment in technology and people, building on Ensemble's position as the leading innovator in revenue cycle management. Ensemble has been named Best in KLAS for end-to-end revenue cycle outsourcing six times, and its clients received 35 HFMA MAP Awards. "There is tremendous opportunity to reduce the friction in healthcare for providers, patients, and everyone involved, and we want to remain at the forefront of the innovation that makes that possible," said Judson Ivy, Founder and CEO of Ensemble. "The addition of a strategic partner with this depth of experience in healthcare administration, technology, and services gives us additional capital and expertise to expand what we deliver for our clients and the communities they serve." "It has been a privilege to partner with Judson and the exceptional team at Ensemble," said Sam Spirn, Managing Director at Berkshire Partners. "Ensemble's relentless focus on customers and operational excellence has been the foundation of the company's success, and their embrace of AI and digital transformation has further strengthened the business and positioned it for continued leadership in the healthcare space. We are grateful for the opportunity to support such an outstanding organization and look forward to its ongoing success." "We are immensely proud of what Judson and the Ensemble team have achieved during our partnership. Ensemble's dedication to innovation and enhancing the patient experience has driven an exceptional track record of growth and customer satisfaction. It has been a privilege to support the company through this chapter, and we are deeply appreciative of the partnership we have shared. We wish Judson, the entire Ensemble team, and Thoreau continued success in the years ahead," said TJ Carella, Managing Director and Global Head of Healthcare, Warburg Pincus. This announcement builds on strong momentum for Ensemble, which now manages more than $55 billion in net patient revenue for health systems nationwide. The company continues to earn broad industry recognition for performance, innovation and client satisfaction, with recognition from leading analyst firms and national workplace awards. Backed by deep operational expertise and advanced AI, Ensemble delivers measurable improvements in financial performance, operational efficiency and patient experience for its clients. The closing of the transaction is subject to customary closing conditions and approvals. J.P. Morgan Securities LLC served as lead financial advisor to Ensemble, with Goldman Sachs & Co. LLC and Guggenheim Partners also serving as financial advisors. Ropes & Gray provided legal counsel to Ensemble. Kirkland & Ellis served as legal counsel and Lazard served as financial advisor to Thoreau. About Ensemble Ensemble manages end-to-end revenue cycle operations for health systems nationwide, including patient access, coding, claims management, denial prevention, accounts receivable follow-up and the patient financial experience. Through a combination of certified revenue cycle operators, data-rich intelligence and advanced AI, Ensemble helps healthcare organizations sustain best-practice revenue cycle operations and maximize their current technology so providers can focus on delivering exceptional care in their communities. For more information, visit EnsembleHP.com or contact [email protected]. About Berkshire Partners Berkshire Partners is a 100% employee-owned, multi-sector specialist investor in private and public equity, with a focus on U.S.-based, middle-market companies. For more than four decades, the firm's private equity team has invested in well-positioned, growing companies across services, healthcare, industrials, and technology. Berkshire is currently investing from its Fund XI, with approximately $7.8 billion in commitments. Since inception, Berkshire Partners has made more than 140 private equity investments and has consistently worked in close partnership with management teams to build enduring businesses. Stockbridge, the firm's public equity group, was founded in 2007 and manages a concentrated portfolio seeking attractive long-term investments. For additional information, visit www.berkshirepartners.com. About Warburg Pincus Warburg Pincus LLC is the pioneer of global growth investing. A private partnership since 1966, the firm has the flexibility and experience to focus on helping investors and management teams achieve enduring success across market cycles. Today, the firm has more than $100 billion in assets under management, and more than 215 companies in its active portfolio, diversified across stages, sectors, and geographies. Warburg Pincus has invested in more than 1,100 companies across its private equity, real estate, and capital solutions strategies. The firm is headquartered in New York with more than 15 offices globally. For more information, please visit www.warburgpincus.com or follow Berkshire Partners LLC. on LinkedIn and YouTube.
Ensemble, a revenue cycle managed services partner for healthcare organisations, has received a strategic growth investment from Thoreau, the healthcare investment platform founded by Matt Holt. Berkshire Partners, Warburg Pincus and Bon Secours Mercy Health will remain as investors alongside Thoreau. Ensemble manages end-to-end revenue cycle operations for over 200 hospitals nationwide, combining certified operators, data intelligence and advanced AI. The company now manages more than $55 billion in net patient revenue and has been named Best in KLAS for end-to-end revenue cycle outsourcing six times. The investment will support continued growth and accelerate technology and personnel investment. The transaction is subject to customary closing conditions and approvals. Financial terms were not disclosed.
Ensemble, IU Health announce strategic collaboration to advance scalable, high-performing revenue cycle model. INDIANAPOLIS + CINCINNATI, June 09, 2026 (GLOBE NEWSWIRE) - Indiana University Health (IU Health), Indiana's leading academic health system, announced a strategic collaboration with Ensemble, which manages end-to-end revenue cycle operations for more than 200 hospitals nationwide, to further strengthen and scale its revenue cycle operating model. This collaboration brings together the strengths of a renowned academic health system and a nationally recognized revenue cycle leader to drive transformative outcomes and shared success. IU Health retains accountability for patient experience, and overall financial outcomes, while Ensemble is accountable for delivering its proven standard operating model and revenue cycle performance improvements. This strategic approach is intended to improve performance and reduce structural inefficiencies over time, supporting a more sustainable long-term cost structure. "Today's healthcare environment is increasingly complex, particularly as patients and healthcare organizations navigate a challenging and evolving reimbursement landscape," said Jenni Alvey, chief financial officer, IU Health. "Strategic partnerships like this are critical to strengthening our ability to manage that complexity while continuing to deliver strong financial stewardship. Together with Ensemble, we are enhancing our revenue capabilities in a way that supports a more seamless, transparent financial experience for patients and reinforces our commitment to care affordability." "High-performing academic health systems require operating models that are as advanced and adaptive as the care they deliver," said Judson Ivy, founder and CEO of Ensemble. "We're proud to partner with IU Health through an operating model built for consistency, modernization and long-term resilience. Together, we can help IU Health continue to support its mission and reinvestment in care delivery, education and innovation." The partnership draws on certified revenue cycle expertise, advanced analytics and AI-enabled capabilities such as enhanced workflows and reporting dashboards to support stronger performance and a more consistent patient experience. By combining technology with seasoned teams, IU Health and Ensemble will reduce administrative friction and make more informed decisions that strengthen outcomes and support lasting results. About IU Health Indiana University Health is dedicated to offering highly-skilled, patient-centered care. Named among U.S. News & World Report's 2025-2026 Best Hospitals as a High Performing hospital in four specialties, IU Health Medical Center is the only academic medical center in the state. The distinctive partnership with the Indiana University School of Medicine, one of the nation's leading medical schools, equips our highly-skilled physicians with access to innovative treatments using the latest research and technology. About Ensemble Ensemble manages end-to-end revenue cycle operations for health systems nationwide, including patient access, coding, claims management, denial prevention, accounts receivable follow-up and the patient financial experience. Through a combination of certified revenue cycle operators, data-rich intelligence and advanced AI, Ensemble helps healthcare organizations sustain best-practice revenue cycle operations and maximize their current technology so providers can focus on delivering exceptional care in their communities. Q&A: Ensemble + IU Health Partnership What is a shared leadership model and how is it different? For IU Health, a the model creates an integrated operating structure in which IU Health and Ensemble leaders work together with joint accountability for defined revenue cycle outcomes. Unlike a traditional outsourcing arrangement, IU Health retains accountability for patient experience, and overall financial outcomes, while Ensemble is accountable for delivering its proven standard operating model and revenue cycle performance improvements, supporting teams through change and strengthen long-term transformation. What is the primary goal of the Ensemble and IU Health partnership? IU Health's primary goal is to build a more aligned, accountable and future-ready revenue cycle that supports stronger performance, a better financial experience for patients and staff, and greater capacity to reinvest in care delivery, community health, teaching and research. How will this partnership improve the patient financial experience? IU Health expects the partnership to improve the patient financial experience by making revenue cycle operations more consistent, reducing avoidable delays and creating clearer billing and payment processes. The goal is a more transparent, patient-friendly financial journey that better supports patients before, during and after care. What role does Ensemble play in the partnership? Ensemble supports IU Health as the operating partner across end-to-end revenue cycle functions and modernization efforts. IU Health maintains accountability and final decision-making authority, while the two organizations work together through a shared leadership structure. Why is this partnership significant at an industry level? For IU Health, the partnership reflects how large academic health systems are preparing financially and operationally for major digital transformation while seeking greater consistency across complex revenue cycle environments. It also signals a broader industry shift toward operating models that combine internal leadership with specialized revenue cycle capabilities. Why are more providers selecting end-to-end revenue cycle partners? Health systems like IU Health are navigating rising denial rates, payer complexity, staffing pressures and growing patient financial responsibility, which necessitates the need to modernize the revenue cycle and improve response to payers and patients. For IU Health, working with a single strategic revenue cycle partner creates unified accountability, more consistent execution and better visibility across the full revenue cycle. That visibility can help identify revenue leakage sooner, strengthen denial prevention and support a more coordinated patient financial experience while allowing leadership to stay focused on clinical priorities, growth and long-term transformation. What does end-to-end revenue cycle mean in practice? In practice, an end-to-end revenue cycle model gives IU Health one integrated operating approach spanning scheduling, registration and pre-authorization through coding, charge capture, claims management, payment posting, denial management and final account resolution. The scope also includes patient access, utilization management, health information management, clinical documentation improvement, revenue integrity, accounts receivable follow-up, underpayment recovery and the patient financial experience. Managing those functions through a shared structure with aligned data, analytics and accountability helps reduce handoff gaps, improve consistency and lower administrative burden. Sarah Joyce Ensemble 626.379.9829 [email protected] Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. 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Ensemble, a US revenue cycle management services provider, has partnered with enterprise AI company Cohere to build the healthcare industry's first revenue cycle management-native large language model. The companies are creating a custom model informed by Ensemble's operational expertise and data, designed to handle complex healthcare financial operations more accurately than general-purpose LLMs. The model will be embedded into AI agents managing processes from patient intake to account resolution. Unlike standard approaches that rely on prompt engineering, this system is fine-tuned on real RCM tasks and trained using synthetic datasets in a HIPAA-compliant environment, without using identifiable patient data. The solution aims to enhance existing electronic health record systems by providing better context and guidance for navigating payer requirements whilst reducing administrative burden for healthcare providers.
The article discusses the transformative impact of technology on healthcare, highlighting Ensemble Health's billion-dollar valuation amid a shift towards AI, telehealth, and extended reality. AI advancements promise personalized medicine, while telehealth evolves with Remote Patient Monitoring. The metaverse emerges as a tool for training and therapy. Challenges include data privacy, interoperability, and cybersecurity. The goal is a more personalized, accessible, and proactive healthcare system.
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Industries
Data & Analytics
Enterprise Software
Financial Services
Healthcare
Company Size
5,001-10,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Huntersville, North Carolina
Founded
2014
Find jobs on Simplify and start your career today