Apixio

Apixio

AI-driven healthcare analytics platform

About

Apixio operates in the healthcare analytics field, focusing on improving how healthcare data is used by health plans and providers. The company utilizes artificial intelligence and machine learning to analyze the vast amounts of clinical documents generated each year, which often go underutilized. Apixio's platform automates the coding and auditing processes, making them faster and more accurate compared to traditional manual methods. This allows healthcare professionals to concentrate on more complex tasks, enhancing overall operational efficiency. Apixio specializes in risk adjustment, helping health plans predict healthcare costs and secure appropriate funding for their members. By providing actionable insights, Apixio aims to improve patient care and financial performance for its clients. The company generates revenue by offering its AI-driven analytic services to healthcare organizations, and it also provides demonstrations to showcase the benefits of its technology.

Company Stage

Series D

Employees

201-500

Industries

AI & Machine Learning, Healthcare

Total Funding

$35.1M

Headquarters

San Mateo, California

Founded

2009


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Simplify's Take

What believers are saying

  • AI-driven predictive analytics are gaining traction, enhancing Apixio's service offerings.
  • The demand for AI solutions in healthcare is projected to grow significantly by 2026.
  • Apixio's partnership with Vim enhances real-time insights at the point of care.

What critics are saying

  • Integration with existing EHR systems may face resistance from healthcare providers.
  • The healthcare analytics market is becoming increasingly competitive with new entrants.
  • Data privacy and security concerns could lead to regulatory challenges for Apixio.

What makes Apixio unique

  • Apixio uses AI to automate coding and auditing, improving efficiency and accuracy.
  • The company offers centralized patient health profiles for better data-driven insights.
  • Apixio's platform supports risk adjustment and payment integrity for healthcare organizations.

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Growth & Insights
Headcount

6 month growth

13%

1 year growth

13%

2 year growth

13%

Benefits

Compensation - Competitive salary, 401k match, and stock options

Health insurance - Exceptional medical, dental, and vision coverage

Career development - Annual stipend for professional events and education

Health & Wellness - Annual stipend for health and wellness programs

Time off - Generous vacation policy, paid holidays, and parental leave

Grub - Catered lunches, healthy snacks, and refreshing drinks

Commuter benefits - Free parking, pre-tax transit benefits, and shuttle service

Events - Team parties, outings, employee recognition, and happy hours

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