Rialtic Completes Series A Extension Bringing Total Round to $45 Million
Summary
Despite there being a large market requiring significant upgrades to technology, most of the solutions available are expensive, slow, and difficult to update and adapt to customer needs, resulting in inefficiencies, higher costs, and lower quality care for patients. Rialtics best-in-class payment accuracy product brings programs in-house and helps health insurance companies gain total control over processes that have been managed by disparate and misaligned vendors. Rialtic plans to double its headcount this year with a focus on medical policy and engineering talent, while also building strong sales, success, and customer support teams. Rialtics platform introduces a more streamlined and cost-efficient approach to healthcare insurers and providers by delivering the value and flexibility they need to focus on patient care," said Carl Byers, F-Prime Capital Partner. "By enabling collaborative, real-time, and informed interactions between insurers and providers, Rialtic is fostering transparency and efficiency across the healthcare system," said Andrew Adams, Co-Founder and Managing Partner at Oak HC/FT.