Announces Series A Funding and Introduces Unified Automation

Funding Rounds

Summary

“Complexity in medical reimbursement drives up hidden costs that we all pay; both in terms of dollars spent, and in the erosion of trust by the American public that our healthcare system can serve them well,” said Malinka Walaliyadde, chief executive officer and co-founder of Alpha Health. Alpha Health’s proprietary Unified Automation technology is an artificial intelligence platform as a service that operates within a healthcare system’s existing electronic health record (EHR) and revenue cycle infrastructure. It continually improves and gains new skills as it encounters novel situations, which often occurs due to the complex and highly variable nature of revenue cycle management in healthcare.” “Our vertically integrated solution includes every single component required for revenue cycle leaders to roll out the most secure, comprehensive and advanced automation solution available,” Ganapathi continued, “eliminating the need for a cumbersome patchwork of different technologies.” Alpha Health uses HIPAA and HITRUST compliant web and cloud services. We follow National Institute of Standards (NIST) 800-53 at the moderate level and our BitSight rating of 790 makes us an industry leader in security practices. “Billing is often the final touch we have with our patients and accurate and efficient revenue cycle operations help us ensure we provide a holistically positive experience for patients.” “Alpha Health has been an innovative partner, bringing deep expertise of clinical and operational workflows to our automation efforts,” added Scott Abram, Vice President of Revenue Cycle at Sutter Health.

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Amount $5.0M Total raised
Date January 1, 2019 Announcement date
Investors Andreessen Horowitz Lead investors
Company https://alphahealth.com/ Funded company

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