Opkit, a medical health insurance verification platform for telehealth suppliers and digital medical clinics, has launched with $1 million in funding.
The startup participated in Y Combinator, a Silicon Valley accelerator program, and garnered funding from World Founders Capital, Socially Financed, Y Combinator, Mischief and Rex Salisbury, a former associate at Andreessen Horowitz.
WHAT THEY DO
The New York-based firm affords a platform with two primary parts: an online dashboard the place customers can manually enter, confirm and observe a affected person’s insurance coverage protection and an API that engineering groups can use to confirm protection programmatically. This system mechanically re-verifies insurance coverage protection for returning sufferers earlier than every go to.
„Telehealth is a wholly new enterprise mannequin that stands to make healthcare extra inclusive, accessible and reasonably priced. However suppliers want up to date instruments which are constructed for a digital care surroundings. That is why we constructed Opkit, to scale back administrative burden for this subsequent era of healthcare suppliers,“ Justin Ko, Opkit’s cofounder and CTO, stated in an announcement.
MARKET SNAPSHOT
The majority of healthcare customers have used telemedicine sooner or later of their lifetime, and most insurance coverage corporations cowl some type of telehealth service, although this may differ by state.
One other firm providing a medical health insurance verification instrument is medical reserving platform ZocDoc. By means of its Insurance coverage Checker, sufferers can choose their plan, confirm their insurance coverage data, and share it with a physician as they e book an appointment.
Wendy Paul and Kyle Longhurst will supply extra element of their HIMSS23 session „Utilizing Machine Studying to Scale back Discharge Treatment Errors.“ It’s scheduled for Thursday, April 20, at 2:30 p.m. – 3:30 p.m. CT on the South Constructing, Degree 4, in room S401.
