Insurance coverage verification platform for digital care Opkit launches with $1M

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Opkit, a medical insurance verification platform for telehealth suppliers and digital clinical clinics, has introduced with $1 million in investment.  

The startup participated in Y Combinator, a Silicon Valley accelerator program, and garnered funding from International Founders Capital, Socially Financed, Y Combinator, Mischief and Rex Salisbury, a former spouse at Andreessen Horowitz.

WHAT THEY DO

The New York-based corporate gives a platform with two primary elements: a internet dashboard the place customers can manually enter, examine and observe a affected person’s insurance policy and an API that engineering groups can use to ensure protection programmatically. This system routinely re-verifies insurance policy for returning sufferers sooner than every consult with.

“Telehealth is a completely new trade style that stands to make healthcare extra inclusive, out there and inexpensive. However suppliers want up to date equipment which are constructed for a digital care setting. That is why we constructed Opkit, to cut back administrative burden for this subsequent technology of healthcare suppliers,” Justin Ko, Opkit’s cofounder and CTO, stated in a commentary.

MARKET SNAPSHOT

The majority of healthcare shoppers have used telemedicine sooner or later of their lifetime, and maximum insurance coverage corporations quilt some type of telehealth carrier, despite the fact that this will range via state

Any other corporate providing a medical insurance verification device is clinical reserving platform ZocDoc. Via its Insurance coverage Checker, sufferers can choose their plan, examine their insurance coverage data, and percentage it with a health care provider as they e book an appointment.

Wendy Paul and Kyle Longhurst will be offering extra element of their HIMSS23 consultation “The usage of Gadget Studying to Scale back Discharge Drugs Mistakes.” It’s scheduled for Thursday, April 20, at 2:30 p.m. – 3:30 p.m. CT on the South Construction, Degree 4, in room S401.



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