DigitalOwl

About DigitalOwl

DigitalOwl is an AI-powered platform that transforms unstructured medical records into structured data, enabling faster and more accurate reviews for insurance and legal professionals. By automating the medical review process, it reduces processing time by up to 72% while maintaining an accuracy rate of 97% or higher.

```xml <problem> Reviewing medical records is a time-consuming and complex process for insurance and legal professionals, often involving manual analysis of unstructured data. This can lead to delays, inaccuracies, and increased operational costs. </problem> <solution> DigitalOwl provides an AI-powered platform that transforms unstructured medical records into structured, actionable data. The platform automates the extraction of key information from various medical documents, including EMRs, APSs, lab results, and handwritten notes. By converting unstructured data into a structured format, DigitalOwl enables faster and more accurate medical reviews, streamlines decision-making, and facilitates integration with existing systems. The platform offers AI-enhanced medical summaries, automated audit reports, a data API for seamless integration, a conversational AI assistant, and AI-assisted decision workflows. </solution> <features> - AI-powered extraction of data from unstructured medical records - Conversion of unstructured data into structured data for machine processing - AI-enhanced medical summaries providing a 360-degree view of an individual's medical history - Automated audit reports for efficient triaging and compliance checks - Data API for seamless integration with existing systems - Conversational AI assistant for interactive exploration of medical records - AI-assisted decision workflows for evidence-based recommendations - Click-to-evidence functionality for easy verification of information - HIPAA and SOC2 compliance for data security </features> <target_audience> DigitalOwl primarily serves professionals in the life and health insurance, property and casualty (P&C) insurance, and legal industries who need to review and analyze medical records. </target_audience> <revenue_model> DigitalOwl generates revenue through subscriptions to its AI-powered platform and associated modules. </revenue_model> ```

What does DigitalOwl do?

DigitalOwl is an AI-powered platform that transforms unstructured medical records into structured data, enabling faster and more accurate reviews for insurance and legal professionals. By automating the medical review process, it reduces processing time by up to 72% while maintaining an accuracy rate of 97% or higher.

Where is DigitalOwl located?

DigitalOwl is based in East New York, United States.

When was DigitalOwl founded?

DigitalOwl was founded in 2017.

How much funding has DigitalOwl raised?

DigitalOwl has raised 40810000.

Location
East New York, United States
Founded
2017
Funding
40810000
Employees
85 employees
Major Investors
Reinsurance Group Of America

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DigitalOwl

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Executive Summary

DigitalOwl is an AI-powered platform that transforms unstructured medical records into structured data, enabling faster and more accurate reviews for insurance and legal professionals. By automating the medical review process, it reduces processing time by up to 72% while maintaining an accuracy rate of 97% or higher.

digitalowl.com7K+
cb
Crunchbase
Founded 2017East New York, United States

Funding

$

Estimated Funding

$20M+

Major Investors

Reinsurance Group Of America

Team (75+)

No team information available.

Company Description

Problem

Reviewing medical records is a time-consuming and complex process for insurance and legal professionals, often involving manual analysis of unstructured data. This can lead to delays, inaccuracies, and increased operational costs.

Solution

DigitalOwl provides an AI-powered platform that transforms unstructured medical records into structured, actionable data. The platform automates the extraction of key information from various medical documents, including EMRs, APSs, lab results, and handwritten notes. By converting unstructured data into a structured format, DigitalOwl enables faster and more accurate medical reviews, streamlines decision-making, and facilitates integration with existing systems. The platform offers AI-enhanced medical summaries, automated audit reports, a data API for seamless integration, a conversational AI assistant, and AI-assisted decision workflows.

Features

AI-powered extraction of data from unstructured medical records

Conversion of unstructured data into structured data for machine processing

AI-enhanced medical summaries providing a 360-degree view of an individual's medical history

Automated audit reports for efficient triaging and compliance checks

Data API for seamless integration with existing systems

Conversational AI assistant for interactive exploration of medical records

AI-assisted decision workflows for evidence-based recommendations

Click-to-evidence functionality for easy verification of information

HIPAA and SOC2 compliance for data security

Target Audience

DigitalOwl primarily serves professionals in the life and health insurance, property and casualty (P&C) insurance, and legal industries who need to review and analyze medical records.

Revenue Model

DigitalOwl generates revenue through subscriptions to its AI-powered platform and associated modules.

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