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Kaid Health Announces Series A To Fuel Growth Of Its Ai-Powered Provider/Payer Whole Chart Analysis Platform

May 24, 2022•about 3 years ago

Round Type

series a

Boston

Description

KAID Health, makers of an artificial intelligence-enabled clinical analysis and provider engagement platform, today announced its $4.25 million Series A funding. The financing was led by prominent healthcare IT investors, including Activate Venture Partners and Martinson Ventures. Boston Millenia Partners, Brandon Hull, Howard Landis, and KAID Health’s Board of Directors also participated. The new investment brings KAID Health’s total capital raised to $6.45 million

Company Information

Company

Kaid Health

Location

Boston, Massachusetts, United States

About

KAID Health makes care delivery more efficient, effective, and profitable for providers and their payers and Accountable Care Organization partners. Its Whole Chart Analysis platform extracts all relevant data from electronic medical records, including structured data and text, using artificial intelligence and natural language processing. The solution identifies the patient care interventions needed for providers to achieve their clinical, financial, or operational objectives. In parallel, KAID Health extends to payers a comprehensive view of members’ health by combining claims and EMR data. Today, KAID Health’s technology is used by leading providers, health systems, academic medical centers, and payers to automate a variety of workflows, including coding accuracy, quality measurement, prior authorization support, and pre-operative assessment. The company was founded by a veteran team of healthcare information technology and population health innovators. It is based in Boston, MA. To learn more, visit www.kaidhealth.com.