New customers, revenue growth, deals, and industry accolades strengthen Cohere’s position as the transformation leader in intelligent prior authorization solutions
, /PRNewswire/ — Cohere Health®, a recognized leader in clinical intelligence, had a banner year in 2024, further cementing its position as the leader in intelligent prior authorization solutions to help people get faster access to care. Cohere’s next-generation transformation solutions now support over 16 million health plan members, process 12 million prior authorization requests annually, and streamline prior authorization for more than 560,000 providers, with 88% of requests approved immediately through the power of AI. This spike in customers and volume has driven more than 60% year-over-year growth in committed annual recurring revenue.
Last year, Cohere secured nine major partnerships with leading U.S. health plans for its Cohere Unify™ platform. The company also expanded its client base for both the platform and its delegated clinical specialty solutions for musculoskeletal (MSK), radiology, cardiology, gastrointestinal …