Intuitive Care provides a digital platform that automates the financial cycle for healthcare providers by connecting their systems directly with over 300 payers, eliminating manual administrative tasks. This technology reduces operational costs by up to 70%, accelerates average payment receipt by up to 30 days, and recovers up to 7% of lost revenue due to billing errors.
Funding
$193.8K 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 face challenges in managing their financial cycles due to a lack of interoperability between their systems and payer systems. This results in manual administrative tasks, increased operational costs, longer payment cycles, and revenue loss from billing errors.
Solution
Intuitive Care offers a digital platform that directly connects healthcare providers' systems with over 300 payers, automating key aspects of the financial cycle. By establishing a digital connection between providers' HIS/ERPs and payer entities, the platform eliminates manual administrative processes, reduces the average payment receipt time, and recovers revenue lost due to errors. The iC-OS platform streamlines authorizations, medical billing submissions, payment reconciliation, and claim denial appeals, helping providers optimize their teams and improve revenue capture.
Target Audience
The primary target audience includes hospitals, clinics, and healthcare providers seeking to streamline their financial operations, reduce administrative costs, and improve revenue cycle management.
Features
- Digital Authorization: Automates eligibility checks, authorization requests, and status tracking.
- Digital Billing: Automates the creation and submission of billing files and invoices, while also registering protocols in the HIS/ERP system.
- Digital Reconciliation: Captures and organizes payment statements, identifies bank credits, and performs automatic reconciliations.
- Digital Claim Denials: Automates the capture, organization, and submission of claim denial appeals and attachments.
- iC-OS Platform: A comprehensive SaaS platform that connects healthcare providers and payers, adapting to specific needs in the healthcare sector.
- Claim Denial Audit Service: Provides a complete outsourced solution for managing claim denial analyses, reducing appeal times and improving recovery rates.
- Accounts Receivable Service: Offers a complete outsourced solution for payment reconciliation, ensuring detailed reconciliation and efficient cost management.