KAID Health

Overview
News
Hospital Management?
Product stageSegments
Seed
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Healthcare analytics and business intelligence software
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KAID Health is a Boston-based healthcare technology company that offers an artificial intelligence-powered platform for healthcare data analysis and provider engagement. The company's flagship solution, Whole Chart Analysis, employs advanced natural language processing (NLP) technology to extract valuable insights from electronic medical records (EMRs), including structured data and unstructured text found in medical notes.

KAID Health's NLP engine, dubbed NLITE, enables comprehensive analysis of patient data, identifying clinical attributes, coding gaps, quality measure deficiencies, and opportunities for care interventions. This holistic approach empowers healthcare providers to achieve their clinical, financial, and operational objectives more efficiently. By aggregating and prioritizing actionable insights from EMRs, KAID Health streamlines processes such as coding accuracy, quality reporting, prior authorization support, and preoperative risk assessment.

The company's technology has demonstrated real-world impact, enhancing Medicare Advantage coding accuracy, automating quality metric reporting, and identifying preoperative risk factors more effectively than clinicians in certain instances. KAID Health's solution has generated over 10 times the return on investment for its customers as of May 2022. Additionally, the company's NLP models have achieved impressive alignment with clinician reviewers in studies evaluating postoperative opioid use tracking and preanesthesia evaluation.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
361 Newbury St, Suite 315 Boston, Massachusetts, US Boston MA USA
Founded year:
2019
Employees:
11-50
IPO status:
Private
Total funding:
USD 5.9 mn
Last Funding:
-
Last valuation:
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