PYMNTS.com December 24, 2024

Anatomy Financial has raised $19 million in a Series A funding round to expand its solutions that enable healthcare practices to convert their billing workflows from paper to digital.

The company’s solutions include healthcare lockbox services, Explanation of Benefits (EOB) conversion to 835 files, and smart reconciliation, Anatomy Financial said in a Dec. 17 press release.

“Paper is still a core method of receiving payments and critical billing information such as denial letters and explanation of benefits,” Anatomy Financial Co-CEO Sasha King said in the release. “We’ve reimagined the lockbox to bridge the physical and digital worlds, providing AI [artificial intelligence] -enabled features purpose-built for billers, medical practices and dental practices to save time and thus, ensure no payments fall...

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Topics: Investments, Physician, Provider, RCM (Revenue Cycle Mgmt), Technology, Trends
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