VentureBeat July 5, 2024
Anterior, a healthcare technology startup founded by clinicians, has raised $20 million in Series A funding to tackle inefficiencies in U.S. healthcare administration. The round was led by New Enterprise Associates (NEA), with participation from existing investors including Sequoia Capital.
Founded by Dr. Abdel Mahmoud, a physician with a computer science background, Anterior aims to use artificial intelligence to streamline prior authorization processes for health insurers. The company’s AI system acts as a “copilot” for nurses reviewing medical records, potentially increasing productivity from 10 cases per day to 20-30.
“Our mission is very broadly [to reduce] the trillion dollars spent on administrative processes, half of which is spent by payers, where we’ll be focusing most,” Mahmoud explained in an exclusive...
Today's Sponsors
Today's Sponsor