A platform for streamlining healthcare administration
An integrated platform using various ML and NLP techniques to streamline and - when possible - automate healthcare administration.
A one-time implementation fee, and $10 per transaction (represents ~20% of the cost savings).
Current annual providers spend on services authorization is $20B, and it is growing YoY.
We developed an MVP over the summer, and now we are in the process of co-development / prototyping with a neurosurgery pra
The current solution is still hiring more admin staff, although the turnover is extremely high.
Status Quo (90% of the market is not touched); EviCore, Olive, Infinx, Cohere health, Rhyme, CoverMyMeds, GoodRx
We use AI to search for data in the patient record and prepare a request tailored to a specific patient’s health plan requirements
Befektetéssel vagy anélkül — az alapítók által megadott számok.
Looking for mentors and healthcare practices dealing with prior authorization and willing to test the pilot. Also looking for Angel investors to support development (EHRs integrations), and sales efforts.
Request personalization, defensible by constant feedback loop and model precision improvement
Initial - small specialty practices (in high authorization burden specialties such as surgery), later - expanding to larger hospitals.
For small practices - direct outreach and network intros using case studies from initial customers and offering pilots.
$9.9B with 1.9% growth TAM, $.6B SAM (high Prior Authorization burden specialties in practices with <= 10 physicians)
Conferences, case studies, direct outreach with recommendations from existing customers, joint pilots with physician professional orgs
