Healthcare is a big business. In the U.S, it represents nearly 20% of GDP. Despite its immense value, the system is complex and many of the technologies are antiquated. That means hundreds of billions of dollars of administrative spending being wasted.
Rialtic attempts to recuperate some of these wasted dollars for healthcare insurers and providers. The startup’s flagship product is a payment accuracy product which brings programs in-house and helps health insurance companies gain total control over processes that have been managed by disparate and misaligned vendors.
Crucial to this service is the constant ingesting and structuring of healthcare payment policy documents and data. Rialtic is now seeking growth through additional products that can leverage this data to improve overall healthcare services as well. The company's latest Series B has achieved its $50 million funding goal, which is sure to help propel it forward.
Steph
Company Specialist at Welcome to the Jungle