Crosby Health Secures $2.2M in Pre-Seed Funding to Automate Healthcare Administrative Tasks with AI
Crosby Health is transforming healthcare administration by leveraging AI to streamline complex processes, enhancing operational efficiencies, and improving financial outcomes for healthcare providers.
Company Name: Crosby Health
Location: NYC, NY
Sector: Healthtech, AI Software
Funding Details: Raised $2.2M in Pre-Seed funding. The round was led by Amplo Ventures, with participation from NOMO Ventures and several angel investors.
Purpose of Investment: To expand development efforts and business reach.
Leadership: Led by CEO Rishi Gowda.
Product: Crosby Health offers an AI-driven revenue cycle expert specializing in denial management and revenue cycle optimization in healthcare. Utilizing its advanced clinical language model, Apollo, the platform improves denial recovery rates, enhances tracking intelligence, and boosts overall revenue cycle efficiency. Apollo, an advanced LLM for medical reasoning, analyzes unstructured clinical documentation to automate tasks like clinical appeals from initiation to submission and result tracking. It also supports AI medical coding, chart reviews, and more.
About Company: Crosby Health is transforming healthcare administration by leveraging AI to streamline complex processes, enhancing operational efficiencies, and improving financial outcomes for healthcare providers.