Penny Burton
Cleveland, OH (USA)
Role(s):
Digital Healthcare, Inc.
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Startup
Location:
Cleveland
Industry:
Healthcare
Year Founded:
1993
Number Employees:
INVALID
Description:
Digital Healthcare is the sole US licensee of intellectual property governing various critical processes in healthcare billing and payment that cannot be performed properly by hand.
The core functionality is to sort the primacy of insurance coverage, currently the cause of $90 Billion in billing errors per year. Medical providers see increased revenue with decreased overhead. Government health plans see significant cuts in spending. Commercial health plans see accurate protection of fiduciary trust funds.
The market niche is estimated at $14 Billion per year. Currently pending contracts foot to $44 MM per year at full deployment. This offering is intended to assure good service to these early adopters as the company transitions to bank-lending against cash flow.