Founded in 2016, Machinify's original aims were to help re-tool business operations across industries, transform data into decisions, and enable established enterprises to keep up with the rapidly digitizing space. Nowadays, the company has pivoted to employ its AI expertise specifically in the healthcare industry, where it has already found success with Payers and secured several market-leader customers.
Healthcare is one of many industries where companies have vast pools of data but struggle to make the most of it due to operational restraints in deploying AI systems. Machinify makes it easier for Payers to implement AI-powered decision-making, applying it to the authorization of treatments, review of medical claims and bills, and diagnosis of underlying conditions.
The company's choice to focus on healthcare comes alongside a more pinpointed mission to help tackle overpayment and supply more affordable healthcare to a broader scope of patients, which is definitely commendable. With intelligent applications such as those Machinify provides seeing broader adoption in the market, the company will likely see more funding and growth in the coming years.
Steph
Company Specialist at Welcome to the Jungle