Business
Kovo+ Holdings Expands AI-Powered Automation with Strategic Agreement with Connective Health Strategies
Vancouver, British Columbia--(Newsfile Corp. - January 9, 2025) - Kovo+ Holdings Inc. (TSXV: KOVO...
About this update from Kovo+ Holdings Inc
[{"type":"text","content":"\nKovo+ Holdings Expands AI-Powered Automation with Strategic Agreement with Connective Health StrategiesVancouver, British Columbia--(Newsfile Corp. - January 9, 2025) - Kovo+ Holdings Inc. (TSXV: KOVO) (formerly Kovo HealthTech Corporation) (\"Kovo\" or the \"Company\") is pleased to announce that it has entered into a strategic software as a service license agreement (the \"Agreement\") with Connective Health Strategies, LLC (\"Connective\"), expanding the Company's suite of automation tools with AI-powered capabilities.\"We are incredibly excited to expand Kovo's suite of automation tools in support of our healthcare billing and payment solutions,\" said Justin Anderson, CEO of Kovo+ Holdings Inc. \"This Agreement marks a significant milestone in Kovo's ongoing commitment to advancing healthcare billing and payment solutions.\" \"We believe the combination of Kovo's technology with Connective's services will enhance value to both existing and new customers, allowing them to benefit from faster, more accurate billing and payment processes.\"The Agreement with Connective provides Kovo use of a range of business intelligence dashboards, enterprise reporting tools and AI-driven revenue cycle management (RCM) automation (collectively, the \"Services\"), complimentary to the Company's billing and payment processes. These Services, paired with Kovo's AI technology, are expected to optimize the Company's clinical accounts receivable reporting, offering real-time insights into operations, improving both efficiency and accuracy.The Services also support and modernize Kovo's payment solutions, providing flexibility in how patients manage their bills and introducing fee revenues for the Company in connection with these payment processes. Patients will be able to make payments via text and email prompts, including new patient options to split payments, payment plans and direct payments from friends and family.About Kovo+ Holdings Inc.Kovo is a versatile technology company leading the charge in AI initiatives to drive impact and innovation across diverse industries. Kovo remains committed to its core business-model of strategic growth opportunities within mid-market Medical Billing firms, where exploitive business optimization synergies exist. Moving forward, Kovo will integrate accretive broader healthcare sector additions to its portfol...