Ascertain Secures $10 Million to Expand AI Healthcare Solutions
Ascertain has raised $10 million in Series A funding, led by Deerfield Management, with strategic investment from Northwell Health, announced in a press release. The funding aims to scale Ascertain's AI-powered solutions, which streamline healthcare workflows by automating administrative tasks, allowing healthcare professionals to focus more on patient care.
Ascertain's platform is designed for health systems, payers, and independent provider groups, automating tasks such as documentation and prior authorizations. This automation addresses the acute labor shortage in healthcare by enabling case managers to dedicate more time to high-impact work, such as care planning and managing high-risk patients.
The company has already demonstrated success with Northwell Health, where its technology has been piloted to process authorizations, freeing up healthcare staff to concentrate on patient care. Ascertain's CEO, Mark Michalski, emphasized the importance of AI in reducing administrative burdens and improving operational efficiencies in healthcare systems.
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