We’re proud to announce we’ve been recognized as a Great Place To Work for the 4️⃣th year in a row! 🎉 Earning this recognition is a testament to the supportive culture we’ve worked hard to establish at AKASA. ❤️ Thank you to all of our incredible employees. ❤️ Great Place To Work US
AKASA
IT Services and IT Consulting
South San Francisco, CA 6,682 followers
AKASA is the preeminent provider of generative AI solutions for the healthcare revenue cycle.
About us
Healthcare revenue cycle teams are strained. Volumes are rising, margins are constricting, and hiring and retaining enough staff is impossible. That’s why you need technology. It’s the only way things are going to get better. AKASA is the preeminent provider of generative AI solutions for the healthcare revenue cycle Our offerings are built on the AKASA platform, which integrates the company’s proprietary generative AI technology and deep revenue cycle expertise to deliver exceptional impact for hospitals, health systems, and the patients they serve. AKASA is the only AI company whose technology is trained on a health system’s own clinical data, enabling AI to better understand the specific nuances of a health system. We’ve helped healthcare providers decrease A/R days by 13%, improve efficiency by 86%, save 300+ hours of staff time per month, and increase gross yield by $30M. With investors that include Andreessen Horowitz, BOND, Costanoa Ventures, and more, we’ve raised more than $200M to help eliminate the financial complexity of healthcare. We’re rebuilding the healthcare revenue cycle with AI. Let’s chat.
- Website
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https://www.akasa.com
External link for AKASA
- Industry
- IT Services and IT Consulting
- Company size
- 51-200 employees
- Headquarters
- South San Francisco, CA
- Type
- Privately Held
- Founded
- 2018
- Specialties
- AI, Machine Learning, Revenue Cycle Management, Hospital Operations, Healthcare, Large Language Models, RCM, Automation, Prior Authorization, Healthcare Operations, Medical Billing, Revenue Cycle Automation, Claims Processing, Patient Access, Business Office, Generative AI, Claims Management, and Revenue cycle
Locations
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Primary
South San Francisco, CA, US
Employees at AKASA
Updates
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Want to talk about improving the revenue cycle with GenAI? So do we! Swing by the AKASA booth at HFMA and chat with some awesome folks. We're right when you walk in 👋 Take a break from the conference with some AI-powered putting while you're there. ⛳ Atticus Lynch Kelly Leo Amy Raymond Christian Carlson Betty Wei Linsey Morningstar Rick Tillar Justin Barlow Healthcare Financial Management Association (HFMA)
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🎲 Are you in Vegas at HFMA? 🎲 What are you doing Tuesday at 9:50 a.m. PT? The correct answer is attending the Johns Hopkins Medicine and AKASA session on generative AI and the revenue cycle in Mandalay F. Lakmini Kidder, Vice President of Revenue Cycle Management at Johns Hopkins Medicine, and Malinka Walaliyadde, CEO of AKASA, will share everything healthcare leaders need to know about this innovative technology and how revenue cycles are taking advantage of it. You’ll learn about: 🤖 The evolution of GenAI 🧐 How leading health systems are evaluating this technology in the revenue cycle 📈 How GenAI can drive innovation and improve performance in prior authorization and beyond See you there!
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💥 Meet AKASA Medical Coding: The first GenAI assistant for coders 💥 Earlier this spring, we introduced you to Authorization Advisor, the first in a suite of generative AI (GenAI) revenue cycle assistants. Today, we’re building on that effort. 🚀 AKASA Medical Coding™ is a new groundbreaking mid-cycle solution that puts the power of GenAI at medical coders’ fingertips, enabling them to work with unprecedented efficiency, accuracy, and comprehensiveness. The end result? More accurate coding, more efficient teams, and more appropriate revenue — all at a lower cost. Driven by our proprietary GenAI technology and trained on each health system’s clinical and financial data, AKASA Medical Coding: 📑 Reads every relevant clinical document for every encounter (clinical notes, imaging reports, clinical observations, and more) ✅ Identifies recommended codes 🧠 Provides justifications (linked to supporting medical text) for coders to accept or revise 📊 Shares AI confidence level indicators to make the approval process more efficient 💪 Addresses multiple service lines, within the most complex inpatient settings 📖 Combines clinical and EDI data to create a cohesive patient story Welcome to the next generation of medical coding technology. See AKASA Medical Coding in action: akasa.com/coding
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Here’s one event you won’t want to miss! AKASA is announcing something pretty exciting during our session. 🤫 So sign up for the Becker's Revenue Cycle Management Virtual Event on Tuesday, June 18, from 1 p.m. – 4 p.m. CT. And let’s chat about how generative AI is delivering value to the revenue cycle. See you there! 👋 Becker's Healthcare #revenuecycle #genai
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Heading to the HFMA Annual Conference? Don’t miss Johns Hopkins Medicine and AKASA leaders talking about how generative AI is upending the revenue cycle. You’ll learn about: 🤖 The evolution of GenAI 🤔 How leading health systems are evaluating this technology in the revenue cycle 📈 How GenAI can drive innovation and improve performance in prior authorization and beyond 📆 Mark your calendars now! 📆 Healthcare Financial Management Association (HFMA)
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🚨 Attention revenue cycle leaders! The Becker's Healthcare Revenue Cycle Management Virtual Event (sponsored by AKASA) is Tuesday, June 18, from 1 p.m. – 4 p.m. CT. Have you signed up yet? We’re hosting the session “Generative AI in the Revenue Cycle: How It Is Delivering Value” with leaders from Methodist Health System starting at 1. You’ll see how new generative AI-powered technology is actively being used in the revenue cycle TODAY to drive results. ⭐ BONUS: We’ll be making a very big announcement. Sign up for the event so you don’t miss out. ⭐
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The theme of Healthcare Financial Management Association (HFMA) this year is the future of healthcare finance. That future revolves around new technology like… 🎆 Generative AI 🎆 AKASA is the leading provider of generative AI solutions for the revenue cycle. Let’s connect at HFMA on how those innovations can benefit your health system’s future. 🤖 Visit our booth right when you walk into the conference and our AI experts can fill you in on all things GenAI. ⛳ Test drive our GenAI-powered rev cycle solutions, and you could win a 2020 Ryder Cup pin flag signed by Rory McIlroy — golf legend and AKASA investor. 📆 Attend the session “Prior Auth to Productivity: How Generative AI and LLMs Are Reshaping the Revenue Cycle” on Tuesday, June 25 at 9:50 a.m. PT, featuring our CEO and the VP of revenue cycle management at Johns Hopkins Health Medicine. We’re betting on a great HFMA. See you there! 🎲
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At April's Becker's Healthcare 14th Annual Meeting, Amy Raymond (SVP of revenue cycle operations and deployments at AKASA) chatted with health system executives about generative AI in the revenue cycle. 💡 "This technology holds promising transformative potential within the healthcare sector." Want to learn more about why health systems are investing in this technology? Read Becker's coverage of the event. Link in the comments.
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