Latent
About Latent
Latent develops medical language models that utilize generative AI to index electronic health records (EHR) and extract relevant patient data for insurance authorization processes. This technology enhances pharmacy operations by increasing efficiency sixfold and ensuring compliance, ultimately expediting access to life-saving medications for patients.
```xml <problem> The manual prior authorization (PA) process for medications is time-consuming and requires skilled professionals to sift through extensive electronic health records (EHRs). This can lead to delays in therapy initiation and create barriers to accessing life-saving medications, impacting patient outcomes and pharmacy efficiency. </problem> <solution> Latent Health offers a generative AI-powered platform that automates and streamlines the medication prior authorization process. By indexing the entire EHR and extracting relevant patient data, Latent's medical language models (LLMs) enable rapid scaling of pharmacy operations while improving accuracy and ensuring compliance with clinical guidelines. The platform integrates natively with major EHR systems via SMART on FHIR, providing a seamless workflow for healthcare providers. Latent's AI-assisted search capabilities also optimize 340B qualification opportunities, potentially saving hospitals millions in annual drug spend. </solution> <features> - Generative AI indexing of entire EHRs to surface relevant patient data - AI-assisted search to document complex care scenarios and customized compliance criteria - Native EHR integrations using SMART on FHIR with Epic and Oracle Health - Support for specialty pharmacy PA, medical benefit PA, appeals, and 340B qualification - AI algorithms that determine if patients meet NCCN guidelines and other clinical policies set by payors - Generative AI to draft appeals letters based on patient documentation and resources like PubMed and BioArxiv - Compliance with industry certifications (HIPAA, SOC 2) </features> <target_audience> Latent Health targets hospitals, health systems, and pharmacies, specifically pharmacy operations teams, clinical staff, and primary care providers involved in medication prior authorization and 340B program management. </target_audience> ```
What does Latent do?
Latent develops medical language models that utilize generative AI to index electronic health records (EHR) and extract relevant patient data for insurance authorization processes. This technology enhances pharmacy operations by increasing efficiency sixfold and ensuring compliance, ultimately expediting access to life-saving medications for patients.
Where is Latent located?
Latent is based in San Francisco, United States.
When was Latent founded?
Latent was founded in 2022.
How much funding has Latent raised?
Latent has raised 500000.
- Location
- San Francisco, United States
- Founded
- 2022
- Funding
- 500000
- Employees
- 21 employees
- Major Investors
- Y Combinator