TELCOR buys Sample Healthcare

TELCOR said on April 10 that it bought Sample Healthcare, adding an artificial intelligence workflow platform to its billing and operations software for labs and hospitals. (telcor.com) Financial terms were not disclosed. TELCOR said Sample’s software handles prior authorizations, appeals, payer follow-up, and document processing, and that Sample will still be sold as a standalone product. (prnewswire.com) Revenue cycle management is the back-office work that turns a test or visit into payment from an insurer or patient. TELCOR said many of those steps still depend on staff moving between documents, payer portals, and phone calls. (telcor.com) Sample’s pitch is that software can read messy medical and insurance paperwork, then complete multi-step tasks with human review. The company says customers usually start with one workflow and expand after they see a return on investment. (samplehc.com) TELCOR has long sold laboratory billing and point-of-care testing software, and Mergr lists the company as founded in 1995 in Lincoln, Nebraska. Mergr also lists the Sample deal as TELCOR’s first acquisition in 2026 and its first recorded transaction in healthcare services. (mergr.com) Sample is a much younger company. Y Combinator says it was founded in 2023 by Ankit Ranjan and Aash Jain, has five employees based in San Francisco, and works on “clinical reasoning” systems for healthcare operations. (ycombinator.com) TELCOR said the Sample team will stay in leadership roles after the deal. Sample cofounder Ankit Ranjan said the combination gives the company access to “thousands of labs and providers.” (telcor.com) The deal folds a startup built around artificial intelligence task execution into an established lab-software vendor with a national customer base. TELCOR is betting those customers will buy tools that do reimbursement work, not just track it. (prnewswire.com)