CertifyOS Raises $14.5M in Series A Funding for Credential Automation Platform – MedCity News
Summary
Were trying to fundamentally change the way the US healthcare industry interacts with provider data.That was the lofty goal of Anshul Rathi, founder and CEO of the supplier intelligence platform CertifyOS, posed in a recent interview. CertifyOS announced the closing of a $14.5 million Series A funding round led by General catalyst.Preliminary undertakings, Max Ventures and Architect Ventures also participated in the round, bringing CertifyOS total funding to date to more than $19 million.The startup was founded last year by former employees of Oscar Hello with the mission to take the stress out of the provider licensing and credentialing process. The company technology handles interstate credentialing for major types of clinicians, including physicians, registered nurses, physician assistants, nurse practitioners, and licensed clinical social workers.The funding round isnt the only news coming from the startup.CertifyOS also noted on Tuesday that it has been certified as a Credential Verification Organization (CVO) by National Committee for Quality Assurance. Thirty-five clients use the startups authentication, licensing and enrollment software the two largest are VillageMD and Thirty Madison.Its competitors fit into two categories, according to Rathi. Companies just have big offshore teams in India and the Philippines that take screenshots, put the PDF together and send it back.The second category of competitors Rathi pointed out are newer authentication platforms such as Verifiable and Medallion.
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