Osigu

About Osigu

The startup offers a healthcare and insurance management platform that streamlines data processes and transfers between insurance providers, partners, and customers. By eliminating excessive paperwork and modernizing legacy systems with intelligent workflows, the platform enhances the efficiency of the entire revenue cycle process.

<problem> Healthcare providers and payers often struggle with inefficient data processes and transfers due to outdated systems and excessive paperwork. This leads to delays, errors, and increased administrative costs throughout the revenue cycle. </problem> <solution> Osigu offers an AI-powered, cloud-based platform designed to streamline healthcare payments and revenue cycle management. The platform automates interactions between healthcare providers, payers, and patients, integrating all revenue cycle, claims management, and payment workflows into a single system. By leveraging AI and robotic process automation (RPA), Osigu reduces inefficiencies, minimizes manual errors, and cuts operational costs. The platform facilitates real-time transactions, enhances financial visibility, and ensures compliance through features like automated data scrubbing and customizable rules. Osigu's solutions aim to accelerate collections, improve liquidity, and prevent fraud, waste, and abuse, ultimately bridging the gap between healthcare and fintech. </solution> <features> - End-to-end revenue cycle management, covering pre-registration, authorization, claim processing, and payment. - Real-time eligibility verification via API integrations with payer policy managers. - Automated patient billing with access to real-time information on patient responsibilities, co-payments, and deductibles. - Prior authorization automation, streamlining requests and ensuring compliance with policy guidelines. - Claim scrubbing with customizable rules to detect errors, duplicates, and medical necessity issues. - Medical coding and interoperability, translating proprietary codes into standardized formats (ICD-10, CPT, SNOMED CT). - Pharmacy Benefit Management (PBM) ensuring rebates and discounts are automatically applied. - Data analytics dashboards providing insights into key metrics for informed decision-making. - Seamless integration with EHR and ERP systems, including legacy setups and cloud environments. - B2B and B2C payment solutions enabling automated account-to-account transactions. - Cross-border payment processing for overseas claims. </features> <target_audience> Osigu's primary customers include healthcare providers (hospitals, clinics, and physicians) and payers (insurance companies and third-party administrators) seeking to optimize their revenue cycle and claims management processes. </target_audience>

What does Osigu do?

The startup offers a healthcare and insurance management platform that streamlines data processes and transfers between insurance providers, partners, and customers. By eliminating excessive paperwork and modernizing legacy systems with intelligent workflows, the platform enhances the efficiency of the entire revenue cycle process.

Where is Osigu located?

Osigu is based in Key Biscayne, United States.

When was Osigu founded?

Osigu was founded in 2015.

How much funding has Osigu raised?

Osigu has raised 34240000.

Location
Key Biscayne, United States
Founded
2015
Funding
34240000
Employees
177 employees
Major Investors
IDC Ventures

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Osigu

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Executive Summary

The startup offers a healthcare and insurance management platform that streamlines data processes and transfers between insurance providers, partners, and customers. By eliminating excessive paperwork and modernizing legacy systems with intelligent workflows, the platform enhances the efficiency of the entire revenue cycle process.

osigu.com3K+
cb
Crunchbase
Founded 2015Key Biscayne, United States

Funding

$

Estimated Funding

$20M+

Major Investors

IDC Ventures

Team (100+)

No team information available.

Company Description

Problem

Healthcare providers and payers often struggle with inefficient data processes and transfers due to outdated systems and excessive paperwork. This leads to delays, errors, and increased administrative costs throughout the revenue cycle.

Solution

Osigu offers an AI-powered, cloud-based platform designed to streamline healthcare payments and revenue cycle management. The platform automates interactions between healthcare providers, payers, and patients, integrating all revenue cycle, claims management, and payment workflows into a single system. By leveraging AI and robotic process automation (RPA), Osigu reduces inefficiencies, minimizes manual errors, and cuts operational costs. The platform facilitates real-time transactions, enhances financial visibility, and ensures compliance through features like automated data scrubbing and customizable rules. Osigu's solutions aim to accelerate collections, improve liquidity, and prevent fraud, waste, and abuse, ultimately bridging the gap between healthcare and fintech.

Features

End-to-end revenue cycle management, covering pre-registration, authorization, claim processing, and payment.

Real-time eligibility verification via API integrations with payer policy managers.

Automated patient billing with access to real-time information on patient responsibilities, co-payments, and deductibles.

Prior authorization automation, streamlining requests and ensuring compliance with policy guidelines.

Claim scrubbing with customizable rules to detect errors, duplicates, and medical necessity issues.

Medical coding and interoperability, translating proprietary codes into standardized formats (ICD-10, CPT, SNOMED CT).

Pharmacy Benefit Management (PBM) ensuring rebates and discounts are automatically applied.

Data analytics dashboards providing insights into key metrics for informed decision-making.

Seamless integration with EHR and ERP systems, including legacy setups and cloud environments.

B2B and B2C payment solutions enabling automated account-to-account transactions.

Cross-border payment processing for overseas claims.

Target Audience

Osigu's primary customers include healthcare providers (hospitals, clinics, and physicians) and payers (insurance companies and third-party administrators) seeking to optimize their revenue cycle and claims management processes.

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