New Mountain Capital Unveils AI-Driven Smarter Technologies
Big Bet on Healthcare AI
New Mountain Capital, a leading growth-oriented investment firm, has announced the formation of Smarter Technologies — a new healthcare platform powered by artificial intelligence. The initiative combines three of the firm’s portfolio companies: clinical AI expert SmarterDx, automation innovator Thoughtful.ai, and revenue cycle management specialist Access Healthcare. Together, they aim to revolutionize the often fragmented and administratively burdened healthcare financial ecosystem. By unifying their technologies under one roof, Smarter Technologies promises to deliver enhanced automation, improved coding accuracy, and faster reimbursement cycles — potentially saving billions in operational inefficiencies across hospitals and health systems.
Pursuing Smarter Outcomes
The move reflects a growing trend among private equity firms to unlock value through strategic synergies in tech-forward healthcare ventures. SmarterDx brings AI-powered clinical inference to enhance documentation and coding; Thoughtful.ai automates high-volume administrative tasks using bots; and Access Healthcare contributes a large operational workforce and established RCM platform. This powerful combination is designed to optimize the entire revenue cycle — from patient intake to final payment — leveraging AI to improve scalability, compliance, and cash flow. As health systems face rising costs and staffing shortages, Smarter Technologies could become a key enabler of sustainable financial health and care delivery modernization.
