202114 Dec

, in Partnership with Caduceus Capital Partners, Leads Series A Round for Janus Health

Summary

Billions of dollars are left uncollected annually by healthcare providers due to poor methods and inconsistent human decision making in the revenue cycle process. Janus then automates processes and end-to-end workflows using its scalable platform and delivers real-time predictive recommendations to guide human worker performance. I’ve known Brendan for a long time, and he has assembled an incredible team who are experts in the field,” said Judson Ivy, Founder, President and CEO, Ensemble Health Partners. As someone deeply entrenched in the revenue cycle world, I see tremendous potential for Janus to deliver on both fronts.” “Several factors, including labor shortages, shrinking reimbursements and more stable IT environments, are creating a ripe opportunity to transform the revenue cycle with artificial intelligence and automation,” said Brendan Downing, co-founder and CEO of Janus Health. A recent McKinsey & Company study showed that $180 billion could be saved in healthcare administration and finance costs with automated technology.

Source: Ensemblehp

Funding

$8M
Amount
Dec 14 2021
Date
-
Investor
Janus Health
Company

Classifications

Companies