Alaffia Health
Healthtech company that uses machine learning to identify and eliminate fraud, waste, and abuse in healthcare claims.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| investor investor investor investor investor investor investor | €0.0 Valuation: €0.0 | round | |
* | $10.0m | Series A | |
| Total Funding | 000k | ||
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Alaffia Health is a healthtech company that utilizes artificial intelligence and machine learning to automate the review of medical claims. The company offers a platform that analyzes healthcare claims for fraud, waste, and abuse before payment, aiming to reduce improper spending in the healthcare system.
The company primarily serves healthcare payers, including health plans, third-party administrators (TPAs), and government agencies. By providing these organizations with tools to conduct pre-payment reviews, Alaffia Health helps to improve the accuracy of claims processing and reduce administrative overhead.
The business operates on a B2B model, providing its AI-powered software as a service to its clients. The platform is designed to integrate with existing claims operations, enhancing the efficiency of clinical and administrative staff. The company's revenue is generated through fees for the use of its claim review and payment integrity services.
Keywords: claim review, payment integrity, fraud detection, waste and abuse, healthcare AI, machine learning, medical billing, cost containment, health plans, third-party administrators