RapidClaims secures $3.1M to help reduce claim denials with AI
02/15/24, 12:09 PM
Location
new yorkMoney raised
$3.1 million
Industry
health care
Round Type
seed
Investors
De Vc, Peercheque, Neon Fund, Better Capital, Together Fund
RapidClaims has secured $3.1 million in seed funding to automate medical coding and reduce claim denials from payors. The investment was led by Together Fund alongside participation from Better Capital, Neon Fund, Peercheque, and DeVC, as well as angels and advisors from prominent US healthcare organisations.
Company Info
Location
new york, new york, united states
Additional Info
RapidClaims is redesigning the healthcare billing stack starting with autonomous medical coding and workflow solutions.
We are using cutting-edge AI and LLMs to ensure accurate autonomous medical coding and compliance. Security, Accuracy, Speed, and Scale are the pillars of our RapidCode AI module.
The solution takes into account not only the latest guidelines and payor rule sets but also generates audit-ready and compliant traceable documentation for the coding team.