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CQ Medical Acquires Bionix Radiation Therapy Unit

CQ Medical Acquires Bionix Radiation Therapy Unit

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Nirvana Raises 24 2m Series A To Revolutionize Healthcare Insurance Verification With Ai

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Nirvana Raises $24.2M Series A to Revolutionize Healthcare Insurance Verification with AI

Nirvana Raises $24.2M Series A to Revolutionize Healthcare Insurance Verification with AI

Slice of Healthcare Team

09/17/2024

Key Highlights

Nirvana raises $24.2M in Series A funding, led by Northzone with participation from Inspired Capital, Eniac Ventures, and Surface Ventures.
AI-powered platform provides instant insurance verification and cost transparency to healthcare providers and patients.
Founders Akshay Venkitasubramanian, Urvish Parikh, and Kelvin Chan aim to solve insurance complexities and reduce financial burdens.
Nirvana’s Discover technology retrieves complete insurance information with minimal data, even overcoming data errors.
Expanding from behavioral health to multiple sectors, Nirvana improves patient experience and streamlines provider operations.

Source: Business Wire

Notable Quotes

Expert Insights

Share Your Expert Insights

Have relevant experience or professional perspective? Add your thoughtful insights to this article.

“ With this new funding, we're poised to supercharge our expansion into more specialties, helping more providers streamline their operations and offer patients the cost transparency they deserve. ”

Akshay Venkitasubramanian, CEO at Nirvana

“ Nirvana is addressing a critical pain point in healthcare administration with a truly innovative approach. We believe Nirvana has the potential to become a category-defining company in the healthtech space. ”

Wendy Xiao, Partner at Northzone

SoHC's Take

Nirvana’s technology is addressing a long-standing issue in the healthcare industry by simplifying and modernizing insurance verification through AI. The platform’s ability to provide cost transparency benefits both patients and providers, streamlining administrative processes and eliminating the risk of surprise billing. With a strong foundation in behavioral health and plans to expand into more specialties, Nirvana is well-positioned to make a significant impact across the entire healthcare sector. The new funding is a critical step toward scaling its innovative solutions to broader markets, offering both improved patient care and operational efficiency.

Heading

Nirvana Raises $24.2M Series A to Revolutionize Healthcare Insurance Verification with AI Funding News News Read More Chris-Anne Roque Qritive and Roche Collaborate to Advance AI-Powered Cancer Diagnostics News Partnership News Read More Chris-Anne Roque Quin Breland Named SVP, Shared Services at Vortex Companies Hiring News News Read More Chris-Anne Roque Relu Expands to the U.S., Opening Boston Office to Lead AI Dental Innovations Dental Growth News News Read More Chris-Anne Roque DECA Dental Launches Nationwide JV Program for Dentists Dental News Partnership News Read More Chris-Anne Roque MedGenome Appoints Dr. Amit Kakar as Chairman of the Board Hiring News News Read More Chris-Anne Roque

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