Candid Health Recognized for Artificial Intelligence Innovation in 2026 MedTech Breakthrough Awards
SAN FRANCISCO, – May 7, 2026 – Candid Health, the revenue cycle automation platform, today announced that it has been selected as winner of the “Best Use of Artificial Intelligence in Healthcare” award in the 10th annual MedTech Breakthrough Awards program conducted by MedTech Breakthrough, an independent market intelligence organization that recognizes the most innovative companies, technologies and products in the global digital health and medical technology market.
Candid’s autonomous revenue cycle platform uses machine learning, large language models, and agentic technology to streamline billing workflows end-to-end. The platform submits claims correctly the first time without manual intervention, avoiding errors that drive denials, distract teams, and delay payment. Candid’s customers achieve 95%+ touchless claim rates – the percentage of claims that are submitted, processed, and properly adjudicated without human intervention – while securing 97%+ payer net collection rates.
The company’s user-friendly rules engine is the foundation for automation throughout the platform, actively editing and correcting claims instead of flagging them for manual review. Candid offers out-of-the-box logic and allows users to build their own rules directly in the platform, accounting for complex organization-specific scenarios that vary by payer, plan, location, provider, and more. The company also deploys AI agents that perform tedious work in other platforms so human billing teams don’t have to.
Candid pairs automation with transparent, actionable reporting that gives organizations real-time visibility into performance across the full revenue cycle. Customers can monitor claim performance from submission through payment and correct for emerging trends in rejections and denials before claims time out.
The breakthrough platform is built to scale across specialties and operating models, with Candid supporting large multi-specialty provider groups, MSOs, and fast-growing digital health providers across both primary care and dozens of specialties like oncology, radiology, behavioral health, women’s health, nutrition, and more.
“For the last 30 years, healthcare providers have faced decreased collections and increased cost-to-collect due to increasingly restrictive payer policies that legacy billing systems weren’t built to handle,” said Nick Perry, CEO and co-founder at Candid Health. “Billing teams around the country are simply not able to keep up, in a world where insurance companies have massive AI budgets to enable more friction; it's a bit of a David and Goliath problem. At Candid, we're building an autonomous RCM future for healthcare providers, arming them with the same state of the art AI and automation.”
“Candid positions automation, ML, and AI to operate where they deliver the greatest impact, rebuilding the core pillars of end-to-end revenue cycle infrastructure,” said Steve Johansson, managing director, MedTech Breakthrough. “Candid eliminates avoidable work before it ever reaches a human. Instead of layering intelligence on top of broken workflows, Candid encodes reimbursement logic into the technical foundation of billing, shifting teams away from repetitive manual intervention toward higher-value oversight and exception handling.”
Now celebrating its 10th anniversary, the MedTech Breakthrough Awards program has spent a decade recognizing the companies driving meaningful progress and improving patient care across the global health and medical technology industry. The program spans a wide range of categories – including Telehealth, Clinical Administration, Patient Engagement, Electronic Health Records (EHR), Virtual Care, Medical Devices and beyond – honoring the innovations reshaping how care is delivered worldwide.
This year's program drew a record-breaking number of nominations from leading companies and startups across more than 20 countries, reflecting the growing global impact and momentum of the digital healthcare industry.
About Candid Health
The Candid team is on a mission to simplify medical billing, allowing providers to focus on delivering quality care. Trusted by hundreds of leading healthcare organizations, Candid’s revenue cycle platform leverages advanced automation to decrease the cost to collect and increase net collection rates. The company is backed by Oak HC/FT, 8VC, First Round Capital, and Y Combinator. Learn more at https://candidhealth.com.
About MedTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the MedTech Breakthrough Awards program is devoted to honoring excellence and innovation in medical & health technology companies, products, services and people. The MedTech Breakthrough Awards provide a platform for public recognition around the achievements of breakthrough healthcare and medical companies and products in categories that include Patient Experience & Engagement, Health & Fitness, Medical Devices, Clinical Administration, Connected Healthcare, Medical Data, Healthcare Cybersecurity and more. For more information visit MedTechBreakthrough.com.
Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.