Sohar Health

Candidature YC de Sohar Health

Summer 2023Active

Sohar Health a été sélectionné par Y Combinator dans le cadre du batch Summer 2023 en tant qu'entreprise Healthcare. Ci-dessous : ce que fait l'entreprise, qui l'a fondée, et sa candidature à YC, reconstruite question par question dans le vrai formulaire YC.

Batch YC
Summer 2023
Secteur d'activité
HealthcareHealthcare IT
Taille de l'équipe
8
Statut
Active
Lancé
2023

Fondateurs

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

Ce que fait Sohar Health

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.

Candidature YC de Sohar Health, reconstruite

Candidature Y Combinator

Sohar Health, promotion Summer 2023. Les vraies questions de candidature, répondues à partir de données publiques.

  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 réponses supplémentaires dans la candidature complète

se trouvent dans la version complète. Créez un compte gratuit pour l'ouvrir dans YC Insights, à côté de tous les autres batches YC.

Questions fréquemment posées

Est-ce la vraie candidature YC de Sohar Health ?

Non. Y Combinator garde les candidatures soumises privées. Ceci est une reconstruction : les vraies questions du formulaire YC, répondues à partir des données publiques de Sohar Health (notes de lancement, parcours des fondateurs, description du produit). Cela montre comment une entreprise comme Sohar Health se présenterait à YC, pas le texte qu'ils ont soumis.

À quel batch YC Sohar Health appartenait-il ?

Sohar Health faisait partie du batch Summer 2023 de Y Combinator.

Qui a fondé Sohar Health ?

Sohar Health a été fondé par Dr Ashish Mandavia MD, Lucas Gordon.

Que fait Sohar Health ?

AI-powered insurance verification to boost patient conversion.

Comment lire la candidature complète reconstruite ?

Créez un compte Round Funded gratuit. La version complète de la candidature de Sohar Health en 26 réponses, et de chaque autre promotion YC, se trouve dans YC Insights.

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