Sohar Health

Sohar Health YC Application

Summer 2023Active

Sohar Health went through Y Combinator in the Summer 2023 batch as a Healthcare company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.

YC batch
Summer 2023
Industry
HealthcareHealthcare IT
Team size
8
Status
Active
Launched
2023

Founders

  • Dr Ashish Mandavia MD
    Dr Ashish Mandavia MDFounder
  • Lucas Gordon
    Lucas GordonFounder

What Sohar Health does

Sohar Health is an AI-driven front-end RCM solution that transforms insurance verification processes for healthcare providers, enabling faster patient conversions and reducing administrative workloads. With a 95% automation rate, our API-first platform seamlessly integrates into existing workflows to provide real-time claim accuracy and eligibility checks. Key performance metrics showcase the power of our technology: Median latency of just 6 seconds, ensuring real-time eligibility; over 90% of checks returned within 30 seconds for increased patient conversion; 96% accuracy in identifying and verifying benefits details; Industry-leading 99% accuracy for eligibility determination; >90% carve-out detection rate, mitigating surprise billing risks; a 60% success rate with our Insurance Discovery API, helping identify coverage for self-pay patients. Our customers include outpatient clinics, specialty practices, and digital health platforms looking to streamline front-end claim management. By reducing errors and maximizing clean claim submissions, Sohar Health empowers healthcare organizations to convert and retain more patients, reduce operating costs, and increase their top-line revenue.

Sohar Health's YC application, reconstructed

Y Combinator application

Sohar Health, Summer 2023 batch. The real form questions, answered from public data.

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. Batch Preference1

Company

Company name

Sohar Health

Describe what your company does in 50 characters or less.

AI-powered insurance verification to boost patient conversion

What is your company going to make? Please describe your product and what it does or will do.

We made an API-first AI system that automates insurance verification for healthcare providers. It checks patients' coverage and benefits in real time, speeding up eligibility decisions and reducing manual work at front desk and billing. Our platform plugs directly into existing provider workflows to return eligibility with 99% accuracy in seconds, enabling more patients to be converted and claims to be cleaner.

Where do you live now, and where would the company be based after YC?

We live in New York, NY and operate remotely with a team of 8. After YC, we plan to keep the company based in New York where most of our customers and healthcare partners are.

Explain your decision regarding location.

New York is where a lot of healthcare providers and partners we work with are clustered. Being here helps us stay close to customers and understand evolving regulatory and payor landscapes better than an entirely remote setup.

21 more answers in the full application

Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.

Frequently Asked Questions

Is this the real Sohar Health YC application?

No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Sohar Health's public data (launch notes, founder backgrounds, product description). It shows how a company like Sohar Health would present itself to YC, not the text they submitted.

What YC batch was Sohar Health in?

Sohar Health was part of the Y Combinator Summer 2023 batch.

Who founded Sohar Health?

Sohar Health was founded by Dr Ashish Mandavia MD, Lucas Gordon.

What does Sohar Health do?

AI-powered insurance verification to boost patient conversion.

How do I read the full reconstructed application?

Create a free Round Funded account. The full 26-answer version of Sohar Health's application, and every other YC batch, is in YC Insights.

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