Full-Time
Updated on 5/29/2026
AI-enabled front-office healthcare workflow services
No salary listed
No H1B Sponsorship
Cambridge, MA, USA
In Person
Third Way Health provides AI-powered operational services for healthcare organizations, focusing on front-office tasks to reduce administrative burdens and improve patient access. Its Ascend platform includes modules like Patient Access as a Service for calls and scheduling, Front Office as a Service for insurance verification and prior authorizations, Digital Front Door for online self-service, Dyno AI Voice Assistant for multilingual support, and AI Agent Assist to help human agents, with AI AutoQA monitoring for quality. The company differentiates itself by combining human expertise with AI and by taking on operational ownership of tasks through a white-glove, 12-week embedded service model, rather than merely selling software. Its goal is to lower front-office costs, increase patient visits, and cut phone wait times, while expanding its AI capabilities and client base across medical practices, payers, and MSOs.
Company Size
201-500
Company Stage
Series A
Total Funding
$16.6M
Headquarters
Los Angeles, California
Founded
2022
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Third Way Health raises $15M to scale AI workflow platform. The funds will be used to enhance the company's hybrid human and AI-powered operating platform, scale its reach and grow its workforce. By Jessica Hagen | February 27, 2026 | 5:38 PM Third Way Health, which offers AI to help healthcare organizations streamline workflows, has closed an oversubscribed $15 million Series A funding round led by Health Velocity Capital, bringing its total raise to $22.5 million. WHAT IT DOES The company offers a hybrid human and AI operating platform, Ascend, which includes tools like Dyno AI Voice Assist for scheduling, billing, and other inquiries. The program is available in multiple languages. Third Way Health also offers clinical and operational-decision software. The Los Angeles-based company will use the funds to scale its operational footprint and advance its technology. It will also expand its workforce, including its sales and implementation teams. "Today's healthcare practices require solutions that support sustainable growth and adapt to ever-evolving workflows. AI can be a useful tool in getting there - but to see real impact and true ROI, AI solutions must be informed and supported by the right underlying data and process infrastructure," Frederik Mueller, cofounder and CEO of ThirdWay Health, told MobiHealthNews. "At Third Way Health, we design and manage streamlined workflows and data systems that allow AI to deliver value at scale. Unlike standalone AI tools, we work as a partner to redesign the entire front office - calls, scheduling, eligibility, follow-ups - and then layer automation on top. With this funding, we are accelerating our ability to scale that model that levels one of healthcare's largest roadblocks." MARKET SNAPSHOT In 2025, the company announced a strategic investment from MedPOINT Management. The amount invested was undisclosed. In 2023, the company raised $1.55 million in pre-seed funding, led by Apollo Medical Holdings (ApolloMed). The company said the pre-seed funding would allow it to establish operations in the U.S. and Colombia, and launch two pilot practices in California and New York.
Third Way Health has raised $15 million in a Series A round led by Health Velocity Capital, bringing its total funding to $22.5 million. The company provides AI-powered front-office services for healthcare practices, supporting organisations that collectively serve over five million patients annually. The Los Angeles-based startup offers comprehensive administrative solutions, from scheduling to prior authorisation, through dedicated teams embedded in client workflows. Implementation takes as little as 12 weeks. Third Way Health has helped clients reduce front-office costs by up to 40%, increase patient visits by 11% on average, and halve phone wait times. The funding will support customer growth, expand operations, and advance automation capabilities. The round follows a strategic investment from Astrana Health and MedPOINT Management in 2025.
MedPOINT Management has made a strategic investment in Third Way Health (TWH), an AI-enabled services partner for healthcare organizations. This investment strengthens their partnership, aiming to enhance healthcare operations through technology, allowing providers to focus on patient care. TWH will use the investment to expand its technology platform and team, advancing its AI-driven operating model.
/PRNewswire/ -- Third Way Health, Inc. (TWH), a leading AI-enabled services partner for healthcare organizations, today announced a strategic investment from...
/PRNewswire/ -- Third Way Health, an end-to-end front office solution which reduces the administrative burden of medical practices and enhances the patient...