Goodbill

Overview
News

Goodbill is a Seattle-based startup that aims to tackle the complexities and issues associated with medical billing in the healthcare industry. Launched in the summer of 2022, the company provides services to help patients and insurance plans identify and dispute errors in hospital bills.

Goodbill's core offering is a platform that performs an automated review of hospital bills and estimates potential errors. The company also offers a more comprehensive service where its team of billing coders meticulously reviews medical bills alongside patients' digital medical records to uncover inaccuracies. If discrepancies are found, Goodbill represents patients in negotiations with hospitals to correct the final bill, charging a small percentage of the savings realized.

A key differentiator for Goodbill is its utilization of publicly available healthcare pricing data and patients' digital records to streamline the medical bill auditing process. The company's approach aims to increase transparency and ensure patients are billed accurately for the services they receive.

In addition to its bill review services, Goodbill has developed a free tool to assist consumers in submitting claims to their insurers for reimbursement of Covid-19 rapid test kits, as mandated by the Biden Administration since January 2022.


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 While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.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:
Seattle, WA
Founded year:
2021
Employees:
1-10
IPO status:
Private
Total funding:
USD 5.4 mn
Last Funding:
USD 2.0 mn (Seed; Mar 2024)
Last valuation:
-
Funding data are powered by Crunchbase
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