$135-230k
4-5 days a week in office
Automated medical billing
Open for applications
Automated medical billing
21-100 employees
Open for applications
$135-230k
4-5 days a week in office
21-100 employees
Candid Health's mission is to make medical billing easy so healthcare providers can get paid.
Healthcare spending in the US medical system has been ballooning for decades. Administration contributes a substantial portion to this, constituting almost three times what other developed countries spend proportionate to their healthcare budget - and taking up valuable physician hours. The detrimental impact this has on the quality and affordability of care has meant solutions are becoming urgent, and Candid Health is contributing a strong one.
The data and AI-driven platform helps healthcare providers automate the process of submitting, chasing, and appealing insurance claims. It’s regularly audited by HIPAA, helping the company dodge the tightening data protection net that’s stunted the progress of some medtech startups. Having passed this obstacle the company is running at modest capacity - the challenge now is to lock in a broader client base, which could prove challenging.
Companies like Change Heathcare and Flobotics, for example, offer automated claims submissions as part of a broader robotic process automation service for medical institutions. It may be that this holistic administrative software proves more attractive for overburdened providers. For now, however, Candid Health is gaining a respectable amount of traction.
Steph
Company Specialist
Some candidates hear
back within 2 weeks
Apr 2022
$16m
SERIES A
Mar 2020
$0.2m
SEED
Financial District, San Francisco, CA
Founders
Nick Perry
(Co-founder & CEO)A human biology grad from Stanford, who started as an Accenture Digital consultant, before taking a role as as the forward deployed engineering lead at Palantir Technologies.
Adam Reis
(Co-founder)A Columbia Engineering grad who worked with self-driving technologies in his time as an engineer at Lyft.
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