SmarterDx focuses on enhancing medical diagnosis through advanced data analysis in the healthcare sector. The company analyzes extensive data from patient charts, including notes, lab results, medications, and vital signs, to simplify the diagnosis process. A key feature of SmarterDx's service is counterfactual modeling, which helps healthcare providers identify missed opportunities for Clinical Documentation Improvement (CDI) and coding, ultimately leading to better patient care and increased revenue. Unlike many competitors, SmarterDx offers a risk-free business model that guarantees a 5:1 return on investment, ensuring that clients see significant financial benefits from their services. The goal of SmarterDx is to transform slow, manual data searches into quick, informed decisions, thereby improving the efficiency of healthcare providers and enhancing patient outcomes.

Flare Capital Partners

Floodgate

East Post Road Ventures

Bessemer Venture Partners

Transformation Capital

Data & Analytics

Healthcare

SmarterDx

ModMed launched automated commissions reporting within the ModMed Practice Management System.

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Earlier this year, SmarterDx also announced a $50 million Series B funding round led by Transformation Capital, with continued investments from Bessemer Venture Partners, Flare Capital Partners and Floodgate Fund, bringing total funding to $71 million.

SmarterDx Recognized as One of Modern Healthcare's Best in Business Winners

Visa Direct, Zelis and Dash Solutions have teamed up to simplify and expedite healthcare disbursements. This collaboration allows members to choose their preferred payment method and receive payments within minutes of approval, the companies said in a Tuesday (Nov. 19) press release. It also lessens administrative burdens and reduces payment fraud risks, according to the release

Visa Direct, Zelis And Dash Solutions Partner On Healthcare Disbursements

SmarterDx Launches SmarterDenials: AI Appeals to Help Hospitals Fight Payer Denials
SmarterDx, the leader in clinical AI for revenue integrity, announced SmarterDenials(TM), a powerful AI-driven appeals solution to help hospitals combat the rising tide of payer denials.

Health IT Business News - November 14, 2024

In the post-COVID world, VCs say it’s not as easy to get excited about investing in digital health. Deal activity in healthcare IT was relatively flat in Q1 2024 at 74 total deals, valued at about $1 billion total, up only 3% from the year-ago quarter, according to PitchBook data. Still, promising startups have grabbed investors’ attention this year. TechCrunch spoke with about a dozen healthcare VCs about the companies they think have the most promising future. While recently formed AI-driven startups that are solving staggering administrative challenges in the U.S. healthcare system dominated their recommendations, they also mentioned several slightly older, non-AI-focused businesses.We narrowed their suggestions to the list of names that more than one VC mentioned, which came in at an even 10 companies. VCs discussed with us the companies that were both in their portfolios and not.AbridgeWhat it does: Uses AI to automate medical records based on conversations between doctors and patients.Founded in 2018 by Shiv Rao, a practicing cardiologist, Abridge is an early entrant into the medical note-taking space and one that has secured integration with the all-powerful Epic Systems health records software. Why it’s promising: The Pittsburgh-based startup generates excitement among investors and hospital systems eager to free up physicians’ time spent on note-taking

10 Of The Most Exciting Digital Health Startups Of 2024, According To Vcs

Artificial intelligence (AI), when applied correctly and responsibly, has the potential to transform industries. After all, wherever there exist rote and repetitive administrative tasks, there exists the opportunity for algorithmic rigor to unlock new efficiencies. And in the intricate world of healthcare, where hospital systems face the perpetual challenge of maintaining revenue integrity while ensuring the highest quality of patient care, AI can help streamline and overcome long-standing bottlenecks — particularly within hospital billing processes, where the burgeoning complexity of medical services and the corresponding administrative tasks necessitate innovative solutions

Ai Could Cure Healthcare Sector’S $500 Billion Administrative Problem

SmarterDx, a NYC-based clinical AI company, raised $50M in Series B funding, bringing total funding to $71M. The round was led by Transformation Capital with participation from Bessemer Venture Partners, Flare Capital Partners, and Floodgate Fund. The funds will be used to accelerate product innovation, add new data integrations, refine algorithms, and expand market reach. CEO Dr. Michael Gao emphasized the company's focus on improving clinical documentation integrity and enabling providers to focus on patient care.

SmarterDx Raises $50M for AI Innovation

SmarterDx Raises $50M in Series B

SmarterDx raises $50M in Series B funding.

SmarterDx Raises $50M in Series B Funding

SmarterDx, a leader in clinical AI for revenue integrity and care quality, has secured $50 million in Series B funding led by Transformation Capital, with continued investments from Bessemer Venture Partners, Flare Capital Partners, and Floodgate Fund. This brings their total funding to $71 million. The investment will drive product innovation and support the company's expansion.

SmarterDx Secures $50M Series B Funding

Analyzes medical data for improved diagnosis

SmarterDx

Analyzes medical data for improved diagnosis

SmarterDx

Analyzes medical data for improved diagnosis

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