Sr. Engineering Manager, Machine Learning
AKASASalary not specified
Full Time
Senior (5 to 8 years), Mid-level (3 to 4 years)
AKASA
Automates revenue cycle management processes
San Francisco, California, United States
About AKASA
AKASA offers technology solutions that enhance efficiency and revenue outcomes for healthcare organizations by using a mix of computer vision-based Robotic Process Automation (RPA), machine learning, and human-in-the-loop automation. Their services streamline complex Revenue Cycle Management (RCM) workflows, allowing healthcare staff to focus on more meaningful tasks. Unlike competitors, AKASA specifically targets operational inefficiencies in revenue cycle departments, helping clients like Methodist Health System achieve significant gross yield increases. The company's goal is to empower healthcare organizations to improve their operational efficiency and patient experience.
San Francisco, CaliforniaHeadquarters
2018Year Founded
$199.4MTotal Funding
SERIES_CCompany Stage
AI & Machine Learning, HealthcareIndustries
51-200Employees
Benefits
Flexible vacation policy.
Generous coverage for health, dental, and vision insurance.
Free membership to One Medical for you and your family.
Health FSA account.
Full employee coverage for life insurance.
401K plan.
Risks
Generative AI adoption may increase competition, eroding AKASA's market share.
Healthcare's cautious approach may slow adoption of AKASA's new technologies.
Integration with existing EHR systems may pose implementation challenges for AKASA.
Differentiation
AKASA uses AI to automate complex revenue cycle tasks in healthcare.
Their solutions decrease A/R days by 13% and increase efficiency by 86%.
AKASA's tailored AI models outperform generic models like GPT-4 by up to 40%.
Upsides
AKASA's GenAI solutions reduce prior authorization time by up to 50%.
Over 70% of healthcare organizations are exploring generative AI for revenue cycle management.
AKASA's Medical Coding enhances efficiency and accuracy in the $23B medical coding field.
Funding
Total raised$199.41 M
Latest valuation$600.00 M
StageSERIES_C
SERIES C
5/31/2024$120
$600.00 MSERIES B
2/28/2021$60
$300.00 MSERIES A
5/31/2020$20
$100.00 MSEED
12/31/2018$5
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