AKASA offers technology solutions that enhance efficiency and revenue outcomes for healthcare organizations. Their main product combines computer vision-based Robotic Process Automation (RPA), machine learning, and human-in-the-loop automation to streamline Revenue Cycle Management (RCM) workflows. This approach allows healthcare staff to focus on more meaningful tasks while improving accuracy and scalability. AKASA's goal is to help healthcare organizations overcome operational inefficiencies and drive revenue growth.

Costanoa Ventures

Andreessen Horowitz

Refactor Capital

Bond

AI & Machine Learning

Healthcare

AKASA

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The Middle-East Gold Rush: Akasa launches new flights into the UAE and Saudi Arabia

What You Should Know:–              AKASA, the preeminent provider of end-to-end generative AI (GenAI) solutions for the revenue cycle, announced the release of AKASA Medical CodingTM, a first-of-its-kind GenAI assistant to transform the $23B medical coding field. –              AKASA Medical Coding puts the power of GenAI at medical coders’ fingertips, enabling them to work with unprecedented efficiency, accuracy and comprehensiveness.  Revolutionizing Medical Coding with AKASA GenAI TechnologyAccuracy, comprehensiveness, and compliance are critical priorities for medical coding within health systems. However, delivering reliable code recommendations has long been a significant pain point with preexisting technology solutions. AKASA Medical Coding addresses this issue by adding justifications and direct links to medical text, offering a dependable solution that both health systems and their coders can rely on.Powered by proprietary GenAI technology, AKASA Medical Coding is trained on each health system’s clinical and financial data. This advanced AI technology performs the ‘heavy lifting’ of meticulously combing through every relevant medical document for each patient encounter. The solution then identifies recommended codes, each accompanied by justifications linked directly to supporting medical text, allowing coders to accept or revise these recommendations. By leveraging a health system’s unique data, the AKASA Platform outperforms popular generic models like GPT-4 by as much as 40%.AKASA Medical Coding is unparalleled in its ability to analyze a broad range of document types — including clinical notes, imaging reports, and clinical observations

Akasa Unveils Generative Ai Coding Solution

- AKASA, the preeminent provider of end-to-end generative AI (GenAI) solutions for the revenue cycle, announced the release of AKASA Medical CodingTM, a first-of-its-kind GenAI assistant to transform the $23B medical coding field.

AKASA Unveils Generative AI Coding Solution

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Akasa releases Gecko Pro LX M.2 SSD Cooler

First GenAI assistant from AKASA — Authorization Advisor — cuts time spent on prior authorization by up to 50%.For the first time, AKASA puts clinically trained generative AI technology directly into the hands of revenue cycle teams.SOUTH SAN FRANCISCO, Calif., March 14, 2024 /PRNewswire/ -- AKASA , the preeminent provider of generative AI (GenAI) solutions for the revenue cycle, today launched the first in a suite of AI assistants focused on optimizing revenue cycle management for healthcare providers. Authorization Advisor TM is a new GenAI tool that helps prior authorization specialists efficiently and comprehensively complete authorization submissions. In addition, it supports any payer portal or service line and most electronic health record (EHR) systems. With Authorization Advisor, revenue cycle teams can now reduce the time spent on prior authorization by up to 50% and submit more thorough authorizations by finding 15% more relevant clinical documents.AKASA's unique approach is to develop a health system–specific AI model by training on that organization's own clinical and financial data. The company's solutions, including Authorization Advisor, are powered by these tailored models and are able to deeply understand a health system's specific nuances. AKASA's models are already outperforming the top generic versions (like GPT-4 from OpenAI) — for example, they are 38% more accurate when it comes to correctly selecting prior authorization documents."Health systems are burdened with enormous administrative complexity that can now be addressed by generative AI..." Post thisPrior authorization is the second most time-consuming part of the revenue cycle

Akasa Launches Authorization Advisor, First In A Suite Of Generative Ai Assistants To Optimize Revenue Cycle For Healthcare Providers

In addition to supporting our rapid domestic expansion, the efficiency and economics of these new airplanes position Akasa to launch international routes in the coming months.

Aero-News: Quote of the Day (01.20.24)

Healthcare Embraces Generative AI: 70% of Organizations Actively Explore its Revenue Cycle Potential by Fred Pennic 11/17/2023 Leave a Comment  What You Should Know: – AKASA, a leading developer of AI-powered automation for the revenue cycle, released new survey results showing that more than 70 percent of healthcare organizations are actively considering the use of generative AI. – In the same survey of more than 250 CFOs and financial leaders at health systems and hospitals across the U.S., nearly 60% percent of respondents indicated they are actively considering these new technologies for their revenue cycle operations. Today’s Healthcare Challenges Healthcare organizations face challenges such as slim operating margins, staffing shortages, high costs, and growing volumes. These challenges are driving the urgency to embrace innovation, particularly in areas like the revenue cycle, where improvements can significantly increase revenue yield and reduce costs. Generative AI can now rapidly and accurately understand complex clinical documents, such as chart records, and extract meaningful information from them. This capability enhances the usability of clinical data across the revenue cycle

Healthcare Embraces Generative Ai: 70% Of Organizations Actively Explore Its Revenue Cycle Potential

South San Francisco, Calif. - AKASA™, the leading developer of AI for healthcare operations, released findings from a new survey conducted on its behalf by YouGov, which highlights how Americans often turn to health insurers for pricing information for healthcare services over other sources.

Akasa launches findings from a new survey

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Automates revenue cycle management for healthcare

AKASA

Automates revenue cycle management for healthcare

AKASA

Automates revenue cycle management for healthcare

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