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LateralCare and Colorado Hospital Association Partner to Strengthen Financial Resilience for Colorado's Hospitals and Communities

LateralCare (PRNewsfoto/LateralCare)

News provided by

LateralCare

Apr 01, 2026, 12:00 ET

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DALLAS, April 1, 2026 /PRNewswire/ -- LateralCare today announced a partnership with the Colorado Hospital Association (CHA) to support hospitals across Colorado in strengthening revenue performance, reducing administrative strain, and sustaining access to care for the communities they serve.

revenue alai by LateralCare
revenue alai by LateralCare
Colorado-Hospital-Association-CHA-Shared-Services
Colorado-Hospital-Association-CHA-Shared-Services

Colorado providers are navigating increasing financial pressure—from workforce shortages to evolving payer requirements and growing regulatory complexity. This partnership is designed to help hospitals respond with greater clarity and control, introducing a more proactive approach to revenue cycle management that protects margin while keeping the focus on patient care.

Rather than adding another point solution, the collaboration centers on rethinking how revenue cycle operations are approached—bringing forward AI-native strategies that surface reimbursement risk earlier, reduce avoidable denials, and more closely align financial performance with care delivery.

LateralCare will work alongside CHA to share insights, education, and innovation pathways that equip hospital leaders to move beyond traditional RCM models and adopt more forward-looking, resilient financial strategies.

"Hospitals across Colorado are operating in environments where every dollar matters—not just for financial performance, but for sustaining care in the communities that rely on them," said William Reau, Chief Executive Officer of LateralCare. "This partnership with CHA is about more than technology—it's about standing alongside their members with a solution that strengthens financial stability, reduces avoidable friction in the revenue cycle, and allows teams to focus on delivering care closer to home. We're proud to support that mission."

The partnership reflects CHA's continued focus on identifying solutions that create meaningful impact for its diverse member base—particularly for organizations balancing limited resources with rising expectations.

"We demoed many RCM tools and services and revenue alai by Lateral Care offered the most comprehensive solution geared towards maximizing payer reimbursement before submission, combatting denials, and efficiently managing the workload and regulatory burdens associated with the claims and billing process. The suite of services has the ability to disrupt the Colorado marketplace and increase the bottom line of our hospitals." — Angela Sigurdson, President CHA Shared Services

By shifting revenue cycle operations upstream—identifying risks before claims are submitted and reducing rework downstream—this partnership aims to help hospitals improve first-pass yield, accelerate cash flow, and minimize revenue leakage. Just as importantly, it supports care continuity by easing the administrative burden on already stretched teams.

Together, LateralCare and CHA are working to ensure that hospitals across Colorado—regardless of size or location—have access to the tools needed to operate with greater confidence, resilience, and long-term sustainability.

About LateralCare
LateralCare is at the forefront of healthcare innovation, dedicated to responsibly integrating cutting-edge technologies to transform the industry. Its flagship platform, revenue alai, reimagines revenue cycle management through Agentic AI—bringing together intelligent automation, continuous validation, and explainable insight to improve financial outcomes and operational performance across healthcare organizations.

About the Colorado Hospital Association
The Colorado Hospital Association (CHA) represents hospitals and health systems across Colorado, advocating for policies and solutions that strengthen healthcare delivery, improve community health, and ensure access to high-quality care across urban, rural, and frontier communities.

Media Contact:
Sunya Chandi
Chief Marketing Officer
LateralCare
[email protected]

SOURCE LateralCare

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