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AKASA, Inc.

Healthcare

AKASA Stock

AKASA leverages generative AI to optimize healthcare revenue cycles. Its platform automates crucial processes like authorization, medical coding, and claim status updates, significantly improving efficiency and reducing operational costs for healthcare providers. Founded in 2018, AKASA's AI-driven solutions enhance accuracy, reduce denials, and boost revenue collection, serving facilities across the United States.

Founded: 2018

AKASA Website

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AKASA Company Overview

AKASA is revolutionizing healthcare revenue cycle management (RCM) with its innovative use of generative AI. The company’s platform automates complex processes such as prior authorization, medical coding, and claim status updates, significantly boosting operational efficiency and reducing costs for healthcare providers. AKASA’s AI is specially designed for healthcare applications, ensuring high accuracy and comprehensive solutions. The platform's impact is notable, with clients experiencing reductions in accounts receivable days and significant staff time savings. Serving a wide range of healthcare facilities, AKASA supports hundreds of hospitals and thousands of outpatient facilities across the United States, representing substantial net patient revenue. The AI system is continuously updated with millions of clinical documents, ensuring it remains cutting-edge and capable of scaling with growing demands. AKASA’s leadership team, comprising experts in both healthcare and technology, drives the company's innovation and ensures the platform's effectiveness. Their solutions have led to impressive results for clients, including increased efficiency and substantial revenue improvements. By automating and optimizing RCM processes, AKASA allows healthcare providers to focus more on patient care while improving financial performance. The company’s dedication to innovation and excellence has established it as a key player in the healthcare technology sector.

Management Team

Malinka Walaliyadde Co-Founder, Chief Executive Officer
Varun Ganapathi, Ph.D. Co-Founder, Chief Technology Officer
Ryan Roland Chief Financial Officer
Carolyn Satenberg Chief People Officer
Cory Costley Chief Product Officer

Funding Information

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