Because it rebrands from Patch to Anagram, the healthcare billing platform making it simpler for providers to simply accept out-of-network sufferers, has raised $9.1 million in new financing.
The spherical was led by ManchesterStory, with participation from Care Credit score, a Synchrony answer, Waterline Ventures, Rogue Enterprise Companions, Launchpad Digital Well being, KEC Ventures, and Wholesome Ventures.
In keeping with a press release, the corporate’s software makes it simpler for healthcare providers to decide on which insurance coverage they wish to take. As a substitute of specializing in major care physicians, Anagram reaches out to dentists, ophthalmologists, and others to assist them with their billing wants.
“Most of our prospects are unbiased practices within the ancillary market — like dermatologists and dentists — we aren’t focusing on the core hospital system networks.”
The corporate says that its software permits providers to drag real-time medical health insurance advantages from a wide range of networks in order that they by no means need to ask for sufferers’ insurance coverage. The corporate additionally mentioned providers can set their very own costs and reductions to help money funds via the service.
Information supplied by the corporate indicated that workplaces which use Anagram’s providers can tackle 260 extra sufferers and obtain a further $30,000 yearly per-location from cash-paying sufferers. Over $55 million price of claims have been processed via the corporate’s software, based on the assertion.
“Accessing advantages and paying for healthcare actually doesn’t need to be as tough as it’s at present,” mentioned Jeremy Bluvol, co-founder and CEO of Anagram. “We envision a world the place paying for healthcare and leveraging insurance coverage advantages is an easy and clear expertise for each sufferers and providers. With Anagram, sufferers can go to any supplier they need, and providers by no means need to file paper claims or flip sufferers away once more.”