🎉 We are thrilled to announce our $50 million Series B! This funding round was led by Transformation Capital, with continued support from Bessemer Venture Partners, Flare Capital Partners and Floodgate. This milestone reflects our relentless commitment to empowering hospitals to close their revenue integrity gap and improve care quality by capturing a more accurate, more complete picture of every patient. Hospitals and health systems use our clinical AI to review 100% of charts, fortify the evidence layer and rectify missing physician documentation, and in turn, capture millions in missed revenue for care they provided. This Series B brings total funding to $71 million and will be invested in deepening the capabilities of our clinical AI and supporting scale as we grow. Thank you to our dedicated team and to our incredible customers and investors for partnering with us — we are excited to celebrate this achievement and continue collaborating with you to solve one of the most complex problems in healthcare. Read the full release here: https://lnkd.in/ea3S4z94
SmarterDx
Hospitals and Health Care
New York, NY 2,595 followers
Clinical AI that finds every revenue and quality opportunity
About us
SmarterDx is the clinical AI company that discovers, delivers and drives better quality, revenue and care. We use AI to understand each patient's journey, helping hospitals close their revenue integrity "differential" gap. The ability to implement in weeks, ingest more than 30,000 data points per chart, and deliver a risk-free ROI makes SmarterDx the ultimate hospital revenue integrity partner.
- Website
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https://smarterdx.com/
External link for SmarterDx
- Industry
- Hospitals and Health Care
- Company size
- 51-200 employees
- Headquarters
- New York, NY
- Type
- Privately Held
- Founded
- 2020
Locations
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Primary
New York, NY 10022, US
Employees at SmarterDx
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Nathan Perilo
Co-Founder and Director of Technology at SmarterDx
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Todd Cozzens
Managing Partner Co-Founder - Transformation Capital - the leading digital health investing firm
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Brendan White
Director of Growth Operations and Enablement
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Jordan Leahy
Healthcare Product Designer; 0 to 1 Net-New
Updates
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We're honored to be named in The Generalist's 'Future 50!' This investor-nominated recognition includes 50 of "the world’s highest potential startups." 🏆🚀 From The Generalist team on why they chose us: 1) Insider's understanding: "This is a team that understands the priorities of hospitals from the inside out." 2) Clear ROI: On average, SmarterDx secures $2M in net new annual revenue per 10,000 discharges. "...that makes trying SmarterDx something of a no-brainer." 3) Customer satisfaction: "A recent press release featured a startling figure. Namely, that SmarterDx has 100% client retention to date." 4) Stellar growth: A SmarterDx investor cited the company’s traction as particularly noteworthy, describing it as “the fastest growing business in AI and healthcare that we’ve seen.” Subscribe to see the entire list here: https://lnkd.in/eSuWBmba
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Somebody we know is featured in The 2024 New York Healthcare Innovation Report 👀: https://lnkd.in/gzvtb98A SmarterDx is honored to be ranked in the Top 10 in Q2 2024 for funding by Digital Health New York. We're in good company! Our CEO and co-founder Michael Gao, MD, weighs in on how AI solutions can have a powerful and practical impact for hospitals and health systems.
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Thanks to Elion for putting the spotlight 🔦 on SmarterDx! Learn how we're helping hospitals and health systems capture ~$1.5-$2 Million per 10,000 patient discharges. https://www.smarterdx.com/
Today’s Vendor Spotlight is… SmarterDx What SmarterDx does (Elion’s take): - Clinical AI tool that performs detailed second-pass reviews of patient discharge data, analyzing chart notes, labs, medications, and vital signs - Identifies missed differential diagnoses, clinical documentation, and other coding opportunities. - Enables more accurate revenue capture and better patient outcomes. Founded: 2020 Total Funding: $56M Leadership: Michael Gao Josh Geleris Core Differentiators (according to SmarterDx): - Clinical AI that finds every revenue and quality opportunity. -It can be implemented in weeks -Ingest >30K data points per chart and deliver a 5:1 ROI. Learn more about SmarterDx at https://lnkd.in/e_AxUK95. (And if you’re a healthcare vendor and want to get featured, claim and update your Elion profile today.)
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🚀 Join our growing team: Senior Product Manager! 🚀 We have a pair of Senior Product Manager openings working with Ruth and our high-performing Product team at SmarterDx! For the Senior Product Manager, Healthcare role, we’re looking for an experienced Product Manager who is deeply familiar with the hospital revenue cycle. For the Senior Product Manager, Healthcare Data role, we’re looking for a technical PM with experience working directly with healthcare data—especially clinical or billing data. Bonus points if you’ve had a previous stint working directly in engineering! SmarterDx is a fully remote health tech company that has experienced incredible growth (including our recently announced $50m Series B!) and has an exceptional product: Hospitals and health systems use our clinical AI to review 100% of charts, capture millions in missed revenue and advance care quality. Check out our website/careers page (linked below) for more details! #hiring #hiringtoptalent #remotejob #remotehiring #talent #peoplefirst #employeeexperience #newbeginnings #newbeginnings2024 #jobalert #healthtech
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AI in Healthcare shares what #healthcare leaders worldwide are saying about counting on AI to close ‘critical gaps’ in patient care. ⬇️ "Effective patient care relies on accurate and timely access to data, but healthcare professionals often face significant challenges in accessing disparate data and then integrating it into a cohesive patient story." Read more here: https://lnkd.in/ekqHdzHD Clinical #AI has the power to improve patient outcomes. That's why we're helping hospitals and health systems deliver a complete and accurate receipt of patient care, with 100% accuracy on 100% of patient charts. That means improved quality of care, and an accurate patient story.
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CIO Online highlights some cool examples of #AI at work in #healthcare! "Healthcare CIOs are rolling out technologies that enable precision diagnostics, reduce clinician workloads, and automate back-office functions." At SmarterDx, we're using clinical AI to help hospitals review 100% of charts for 100% accuracy. That means CDI teams can spend less time focusing on manual, administrative work that can cause burnout and job dissatisfaction, and more time on tasks that matter most.
Healthcare’s long road to digitization gets an AI boost https://trib.al/Kw47cFb
Healthcare’s long road to digitization gets an AI boost
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🔥 Join our growing team: Manager of Data Engineering! 🔥 Our Co-founder Josh Geleris and the SmarterDx Data team are looking for someone with experience managing and growing a team of high-performing Data Engineers in the healthcare/clinical space. Data Science isn't just part of our product, it's at the core! The Data Engineering team is critical in working through implementations and data infrastructure to support our Data Scientists and ongoing product development. This also isn't "just" a people management role—you'll have a big impact on our architecture strategy as we look to continue to 🚀 ! SmarterDx is a fully remote health tech company that has experienced incredible growth (including our recently announced $50m Series B!) and has an exceptional product: Hospitals and health systems use our clinical AI to review 100% of charts, capture millions in missed revenue and advance care quality. Check out our website/careers page (linked below) for more details! #hiring #hiringtoptalent #remotejob #remotehiring #talent #peoplefirst #employeeexperience #newbeginnings #newbeginnings2024 #jobalert #healthtech
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Thanks to TechCrunch for including SmarterDx in '10 of the most exciting digital health startups of 2024, according to VCs'. We're honored to be a part of this innovative bunch. If you're new here—What's so exciting, you ask? ✅ We help health systems capture ~ $1.5-2 Million net new revenue per 10,000 discharges. ✅ We help hospitals review 100% of charts for 100% accuracy. ✅ We're proud to partner with some of the largest hospitals in the U.S. with 100% client satisfaction. Read more here: https://lnkd.in/gNYVTwrt
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