Goodbill, a Seattle, WA-based startup that verifies that hospital invoice is right, raised $2m in funding.
The spherical was led by Founders’ Co-op, Maveron and Liquid 2 Ventures, with participation from different funds and angels.
The corporate intends to make use of the funds to develop operations and its enterprise attain, in addition to to additional make investments into its healthcare price containment providing for self- and level-funded teams.
Co-founded by Patrick Haig, and Ian Sefferman, Goodbill supplies an answer for plans that leverages A.I., knowledge, expertise, and customized member assist to assist self-funded employers vet incoming hospital claims for accuracy, and seize reductions and financial savings earlier than the plan pays the supplier.
As soon as a hospital points a declare to the employer or payer, Goodbill opinions it towards the member’s medical document for errors or inflated prices. As a result of the system is digitally built-in with the affected person portals at greater than 2,500 hospitals throughout the nation, it’s capable of pull in knowledge rapidly to conduct these declare opinions. This allows Goodbill to overview each single declare and ship quick turnaround outcomes earlier than, not after, the plan pays the supplier.
The platform additionally checks whether or not a member is eligible for a 501(r) low cost on the declare from their hospital. Goodbill is ready to immediately display whether or not a member is eligible at any of over 3,500 hospitals within the nation.
FinSMEs
01/04/2024
