Content
12/18/2023
Boston, MA USA
KAID Health
completed undisclosed amount Venture Round funding. Investors include
Activate Venture Partners, Boston Millennia Partners.
About
KAID helps providers and payers grow revenue, lower costs, reduce risks and improve outcomes. KAID aggregates all patient data including the claims and EMR data as well as the insights buried in medical notes. The platform identifies the actions that each patient needs most and pushes those improvement opportunities to the treating providers.
Without Insight, Data is Useless...
Today, actionable patient data is scattered in multiple systems across the health ecosystem. It exists in multiple formats, ranging from highly structured paid claims to unstructured free text in medical notes. Such fragmented information deprives clinicians of the insights and time needed to do the right thing. They also lack the incentives to overcome these challenges manually. Therefore, both care quality and profitability suffer.
...Without Actions, Insights Are Useless
KAID aggregates the claims and EMR data, including the insights buried in medical notes. KAID Health’s Whole Chart Analysis™ allows providers to analyze the entire medical record, including structured claims and EMR data, to aggregate the structured claims and EMR information KAID Health’s NLITE™ technology (Natural Language Insight & Term Extraction) finds key insights needed in medical text, without overburdening clinicians with the noise of inaccurate recommendations. The platform identifies the actions that each patient needs most and pushes those improvement opportunities to the treating providers.
The company was founded by a veteran team of healthcare information technology and population health innovators. It is based in Boston, MA.
Startup
Sector:
Digital Health
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