CareEco provides an AI-driven data platform that integrates with EHR and claims data to automate revenue cycle management, coding accuracy, and patient engagement. This technology addresses inefficiencies in healthcare operations, enabling providers to enhance revenue capture, improve quality scores, and reduce manual administrative tasks.
Funding
$654.4K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Healthcare providers often struggle with inefficient revenue cycle management, coding inaccuracies, and difficulties in engaging patients, leading to revenue loss, compliance issues, and suboptimal patient outcomes. Manual administrative tasks consume significant resources, diverting attention from patient care.
Solution
CareEco offers an AI-driven data platform that integrates with existing EHR and claims data to automate and streamline revenue cycle management, improve coding accuracy, and enhance patient engagement. The platform's AI algorithms analyze data to identify under/over-billing, correct coding errors, and ensure compliance with payer rules. By automating tasks such as claim submission, denial management, and patient outreach, CareEco reduces manual effort, allowing providers to focus on delivering quality care and improving patient satisfaction. The platform also facilitates proactive patient engagement through automated reminders, online scheduling, and pre-visit questionnaires, ultimately improving quality scores and closing care gaps.
Target Audience
CareEco primarily targets healthcare providers, including primary care practices, specialty practices, and hospitals, seeking to improve their revenue cycle management, coding accuracy, and patient engagement processes.
Features
- AI-powered code scrubbing and pre-check analysis to identify and correct coding errors before claim submission.
- Automated claim submission and denial management with real-time tracking and reporting.
- Patient A/R outreach via automated text messaging with integrated digital payment options.
- Automated patient engagement tools for online scheduling, pre-registration, and patient portal access.
- Identification of gaps in patient care using claims and EHR data, with automated outreach to close those gaps.
- Integrated platform for managing Remote Patient Monitoring and Chronic Care Management programs.
- Customizable reporting dashboards to track key performance indicators (KPIs) related to revenue cycle, coding accuracy, and patient engagement.