AKASA

About:

AKASA is an AI-powered automation company for revenue cycle management in healthcare.

Website: https://akasa.com/

Twitter/X: akasahealth

Top Investors: Andreessen Horowitz, Costanoa Ventures, Bond, Refactor, Nancy Xiao

Description:

AKASA is the leading developer of AI-powered automation for the revenue cycle. We deliver comprehensive automation for complex workflows. This helps healthcare providers improve revenue outcomes, achieve greater efficiency, elevate their teams, and allocate resources where they matter most. From prior authorization to claims processing, we provide innovative and reliable revenue cycle solutions that give providers peace of mind. AKASA applies advanced technology (such as AI and LLMs) to automate revenue cycle tasks that are complex and time-consuming, and were previously un-solvable at scale. Our solutions are built on deep revenue cycle expertise, grounded in the highest standards for data security, and provide measurable results with accuracy, speed, and completeness. We’ve helped healthcare providers decrease A/R days by 13%, increase efficiency by 86%, save 300+ hours of staff time per month, and increase gross yield by $30M. With investors that include Andreessen Horowitz, BOND, Costanoa Ventures, and more, we’ve raised more than $200M to help eliminate the financial complexity of healthcare. We’re rebuilding the healthcare revenue cycle with AI.