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Medbill AI

AI-powered SaaS for value-based care

Overview

Company Does Not Provide H-1B Sponsorship

MedBill AI builds a software platform for value-based care. It provides a SaaS solution to healthcare providers to help them manage the shift from paying for many services to paying for patient outcomes. The platform uses artificial intelligence to automate administrative tasks, extract actionable financial insights, and guide billing and care decisions, all through a consumer-friendly interface. The product helps providers reduce paperwork, improve financial performance, and support better patient outcomes in value-based payment models. What sets MedBill AI apart is its focus on value-based care in healthcare, its veteran leadership from Oscar Health, and its aim to streamline complex payment models with AI-driven analytics instead of relying on traditional fee-for-service billing. The company’s goal is to help providers transition smoothly to value-based payment, decrease administrative burdens, and thrive financially while improving patient care.

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About Medbill AI

Simplify's Rating
Why Medbill AI is rated
C
Rated C on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsEnterprise SoftwareAI & Machine LearningHealthcare

Company Size

11-50

Company Stage

Early VC

Total Funding

$16.3M

Headquarters

New York City, New York

Founded

2023

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Simplify's take

What believers are saying

  • App Store launched July 2026 and Google Play listed September 2026, expanding distribution.
  • MedBill AI raised a $16.3 million seed, giving runway for product and acquisition.
  • The founders' Oscar experience and named backers like Index and RRE validate category ambition.

What critics are saying

  • Simplify shows no open Medbill AI jobs, signaling tiny execution capacity in September 2026.
  • Consumer bill navigation faces regulators after bad recommendations trigger incorrect disputes and complaint escalation.
  • Confusion with Medbill.net and MediBill AI fragments branding, trust, and search visibility.

What makes Medbill AI unique

  • Oscar Health veterans built MedBill AI around claims workflows, not generic chatbots.
  • App Store and Google Play listings show consumer bill review with editable inquiry drafts.
  • Company marketing combines AI bill analysis with billing expertise and user-friendly workflow design.

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Funding

Total Funding

$16.3M

Above

Industry Average

Funded Over

1 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Flexible Work Hours
  • Remote Work Options
  • Professional Development Budget
  • Wellness Program

Company News

U.S. Securities and Exchange Commission
Jul 24th, 2024
SEC FORM D

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.The reader should not assume that the information is accurate and complete.

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