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Abax Health
Clinical analytics and patient communications platform
- 1-20 employees
- Healthcare
- B2B
- Artificial Intelligence
- Analytics
- SaaS
- Maspeth, NY
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Company mission
To solve healthcare's patient access and revenue leakage challenges.
Our take
Every week, physicians see thousands of patients and refer a percentage of them to see specialists for additional testing and procedures. However, 30% of those referrals never get scheduled or patients seek out care from competing health systems, creating millions of dollars in revenue leakage annually.
Abax Health is helping solve healthcare's revenue leakage challenges, believing that tapping into a better patient engagement system can drastically help in solving lost revenues and provide increased patient satisfaction.
Using advanced data mining and machine learning algorithms, the platform has the ability to identify when a physician has referred a patient for care but that patient hasn't received the care they need. Using this information, Abax Health leverages automated communication modes to connect with the patient and schedule them for the care they need.
Freddie
Company Specialist at Welcome to the Jungle
Funding (1 round)
Aug 2022
$2m
EARLY VC
Total funding: $2m
Leadership
Scott Friesen
(CEO)Serial entrepreneur having previously founded Newport Credentialing Solutions and Westport Health.