AKASA Inc.

Many healthcare providers face significant challenges with administrative inefficiencies that inflate healthcare spending and contribute to staff burnout. These financial complexities are a primary reason medical bills are the leading cause of bankruptcy in the United States. AKASA is dedicated to alleviating these burdens. Our customers, which include hospitals and health systems, are striving to improve operational efficiency and financial outcomes. We empower them by providing generative AI solutions specifically designed for the healthcare revenue cycle.

AKASA's approach integrates our proprietary generative AI (GenAI) technology with deep revenue cycle expertise to deliver impactful solutions. We offer AI assistants that enable revenue cycle teams to work more effectively and efficiently. Our technology automates complex revenue cycle workflows, such as prior authorization, medical coding, claim status updates, and claim attachment processes. This is achieved by using advanced GenAI trained on clinical and financial data, uniquely tailored to each health system's own data to better understand its specific nuances. This allows healthcare organizations to improve revenue outcomes, achieve greater efficiency, empower their staff, and, most importantly, allocate resources to what truly matters: patient care. Our Unified Automation® platform learns a revenue cycle team’s activities and uses machine learning to autonomously perform the same work. If changes occur in payer portals, websites, or other third-party applications, the technology flags it to an AKASA revenue cycle expert who resolves the issue and trains the AI for future instances, ensuring continuous learning and adaptation. We aim to help healthcare providers reduce operating costs and free up staff to focus on more meaningful work.