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Verata Health

veratahealth.com

Founded Year

2017

Stage

Acquired | Acquired

Total Raised

$680K

About Verata Health

Verata Health provides an artificial intelligence-based set of products for both payers and providers to improve the prior authorization process. On December 3rd 2020, Verata Health was acquired by Olive. The terms of the transaction were not disclosed.

Headquarters Location

Minneapolis, Minnesota,

United States

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Research containing Verata Health

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Verata Health in 2 CB Insights research briefs, most recently on Jul 12, 2021.

Expert Collections containing Verata Health

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Verata Health is included in 3 Expert Collections, including Digital Health.

D

Digital Health

21,907 items

Startups recreating how healthcare is delivered

A

Artificial Intelligence

9,442 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

H

Health IT

2,749 items

Companies partnering with healthcare stakeholders to improve operational efficiency across payment, supply chain, data mgmt, and more.

Verata Health Patents

Verata Health has filed 1 patent.

The 3 most popular patent topics include:

  • Electronic health records
  • Health informatics
  • Intensive care medicine
patents chart

Application Date

Grant Date

Title

Related Topics

Status

6/25/2020

Medical terminology, Health informatics, Electronic health records, Medical equipment, Intensive care medicine

Application

Application Date

6/25/2020

Grant Date

Title

Related Topics

Medical terminology, Health informatics, Electronic health records, Medical equipment, Intensive care medicine

Status

Application

Latest Verata Health News

Olive acquires Empiric Health to expand into surgical data analytics

Apr 14, 2021

Artificial intelligence startup Olive has entered the operating room with the … RELATED: AI startup Olive raises $225M, acquires Verata Health to … Welcome to the home of information resources for AI and ML. We hope you find this site useful. Feel free to give us feedback. Copyright © 2020 Informed AI Group Ltd - Neurons.AI - The home of AI information resources This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More Privacy & Cookies Policy

Verata Health Frequently Asked Questions (FAQ)

  • When was Verata Health founded?

    Verata Health was founded in 2017.

  • Where is Verata Health's headquarters?

    Verata Health's headquarters is located at Minneapolis.

  • What is Verata Health's latest funding round?

    Verata Health's latest funding round is Acquired.

  • How much did Verata Health raise?

    Verata Health raised a total of $680K.

  • Who are the investors of Verata Health?

    Investors of Verata Health include Olive, Paycheck Protection Program and The Blue Venture Fund.

  • Who are Verata Health's competitors?

    Competitors of Verata Health include Banjo Health, careviso, Itiliti Health, SamaCare, OncoHealth and 9 more.

Compare Verata Health to Competitors

G
Glidian

Glidian is an electronic portal that streamlines prior authorizations for medications and procedures. Features include electronic automation, health plan integration, EHR integration, and intelligence.

careviso Logo
careviso

careviso is a healthcare technology company that aims to solve problems in healthcare including prior authorizations and financial transparency. Its technology platform increases patient access to care by delivering cost estimates, administrative requirements, and approvals. It offers a solution that navigates the complex landscape involving payors, laboratories, physicians, and the patient. careviso was formerly known as CMT Solutions. The company was founded in 2017 and is based in Falls Church, Virginia.

Banjo Health Logo
Banjo Health

Banjo Health is developing a prior authorization decision support platform for health plans and pharmacy benefit managers (collectively “payers”). The company leverages artificial intelligence and machine learning to customize the platform to each payer’s specific prior authorization criteria. Through its integration with the provider’s electronic health records, the company is able to directly draw from the prescribers' notes to drive accurate decisions while reducing the administrative burden on the payer’s and provider’s staff. This will effectively reduce the time-to-decision, improving member satisfaction and clinical and cost outcomes. Banjo Health was founded in 2019 and is based in Washington, DC.

A
Agadia

Agadia is a healthcare technology company addressing the needs of the managed care market with a suite of utilization management solutions in electronic prior authorization, MTM, part d star ratings and adherence, and formulary benefit design. Used by health plans and PBMs, Agadia's advanced technology solutions help drive operational efficiency, appropriate utilization, compliance, and profitability.

Rhyme Logo
Rhyme

Rhyme is a platform for connecting the healthcare landscape using prior authorization (PA) automation. It was founded in 2016 and is based in Columbus, Ohio.

F
FastAuth

FastAuth is a software platform for healthcare provides that offers process automation and expert support to accelerate patient access. It has tools that optimize operations and patient scheduling through real-time analytics and allows providers to discover specific payer requirements.

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