Healthcare Dive reported in November 2023 that Olive, a healthcare AI startup once valued at $4 billion, would shut down.
$4B
Olive's former valuation
Healthcare Dive reported in November 2023 that Olive, a healthcare AI startup once valued at $4 billion, would shut down.
Olive said it would sell its clearinghouse and patient access businesses to Waystar and Humata Health and wind down the rest.
Source: Healthcare Dive, report on the Olive shutdown (November 1, 2023) (opens in a new tab), First paragraph. Verified October 2026.
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In this worked example, building costs $94,000 less than buying over three years
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The 320% documentation AI growth figure compares plans with current use
Healthcare Dive, sponsored content by Microsoft, March 10, 2025; Kent Applied, Where healthcare AI has proof, and where it does not - From the blog
4 of the 7 practice problems on Kent Applied's map need no patient data
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Imaging, insurance checks, charting and billing lead dentists' current and planned AI use
ADA Health Policy Institute, The State of the US Dental Economy, 2nd Quarter 2026 Update
Sources for the figures above: This healthcare AI use case will grow 320% by 2026, survey finds (opens in a new tab).
Related facts
42%
of executives planned AI documentation by 2026
In a Healthcare Dive and Microsoft survey of 130 healthcare executives, published in March 2025, 42% planned to use an AI tool for clinical documentation by 2026, against 10% using one at the time.
Source: This healthcare AI use case will grow 320% by 2026, survey finds.
KentApplied38%
of digital health purchasers with performance-based contracts can't independently verify vendors' reported outcomes
38% of digital health purchasers that use performance-based contracts say they cannot independently verify the outcomes vendors report, in PHTI's 2026 survey of health plans, employers and health systems.
Source: Peterson Health Technology Institute, 2026 State of Digital Health Purchasing.
KentApplied11.8%
of claims initially denied in 2024, in Kodiak Solutions' hospital and physician data
Data from the more than 2,100 hospitals and 300,000 physicians that use Kodiak Solutions' revenue cycle software show that payers initially denied 11.81% of claims in 2024.
Source: Rate of initial denials of medical insurance claims continued to rise in 2024, Kodiak Solutions proprietary data show.
KentApplied
Sources for the figures above: This healthcare AI use case will grow 320% by 2026, survey finds (opens in a new tab); Peterson Health Technology Institute, 2026 State of Digital Health Purchasing (opens in a new tab); Rate of initial denials of medical insurance claims continued to rise in 2024, Kodiak Solutions proprietary data show (opens in a new tab).
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