
Glide Health
closedA health information system for patients and healthcare professionals to access and manage information.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $1.0m | Seed | |
Total Funding | 000k |
Founded in 2019 by Bhupesh Bajaj, Dan Lodder, and Kaushik Bhaumik, Glide Health operates as a health tech company focused on revenue cycle management (RCM) for healthcare providers. The founders brought extensive experience from the healthcare and technology sectors to address inefficiencies in the US healthcare system. Bajaj, the CTO, previously held engineering leadership roles at Change Healthcare and Cardinal Health. Lodder, the Chief Commercial Officer, spent two decades in senior healthcare roles, including a decade at McKesson as CTO of its Specialty Health division. Bhaumik has over 25 years of experience in healthcare and IT services, including a leadership role in a $3 billion healthcare business.
Glide Health's core business revolves around a revenue intelligence platform that utilizes artificial intelligence and machine learning to improve the financial performance of healthcare providers. The company targets healthcare providers, such as oncology and hematology practices, to help them manage the complexities of medical billing and insurance reimbursements. The business model is centered on providing a software solution that integrates with existing RCM platforms to reduce administrative costs and increase revenue for its clients. The company was acquired by McKesson in February 2023.
The platform serves as a revenue intelligence layer that aims to make the RCM process proactive rather than reactive. It addresses a market where healthcare revenue cycle inefficiencies contribute to significant financial waste annually. Key features include predicting and preventing claim denials, identifying underbilled or missed charges, and automating workflows. By analyzing claims before submission, the software helps ensure accuracy and compliance with payer-specific rules, which is particularly beneficial in complex fields like oncology. The system also provides a dashboard with real-time analytics on a practice's financial key performance indicators, drug lifecycle, and claims performance, allowing providers to make data-driven decisions to optimize revenue and patient care.
Keywords: revenue cycle management, RCM software, healthcare financial management, medical billing automation, claims denial prevention, revenue intelligence, healthcare AI, oncology billing, practice management software, claims management, healthcare financial analytics, medical reimbursement, prior authorization automation, healthcare administrative tasks, patient cost estimation, value-based care reimbursement, healthcare data analytics, specialty practice financial solutions, McKesson acquisition, Bhupesh Bajaj, Dan Lodder
Tech stack
Investments by Glide Health
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