Data Driven Delivery System
Comprehensive solutions for healthcare clients, enhancing operations and reducing administrative costs with advanced technology.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
$60.8m | Early VC | ||
| Total Funding | 000k | ||
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Advantasure partners with healthcare organizations to streamline operations and drive business success through a suite of advanced solutions. Serving Medicare Advantage and Commercial ACA members, the company operates in 20 states, including Puerto Rico, and focuses on reducing administrative costs and improving member experiences. Advantasure's business model revolves around providing high-tech solutions that automate processes, achieving up to 98% automation in enrollment submissions and 95% auto adjudication rates. The company generates revenue by delivering quality-related bonuses and improving risk adjustment factors, evidenced by a 200 RAF improvement over three years. Clients benefit from a 30% reduction in administrative costs and over $300 million in quality-related bonus revenue. Advantasure's consultative approach fosters strong partnerships with clients, ensuring tailored solutions that meet specific needs.
Keywords: healthcare, operations, automation, Medicare, ACA, cost reduction, member experience, risk adjustment, quality bonuses, partnerships.