Maverick Medical AI
Latest round
- Seed
Last raised
- Mar 2022
Total raised
- $5M
Investors
- 2
About Maverick Medical AI
Founded in 2018 by Michael Brozino and Yossi Shahak, Maverick Medical AI is based in Tel Aviv-Yafo, Israel.Maverick Medical AI specializes in autonomous medical coding solutions, primarily through its flagship products, the Maverick CodePilot™ and the mCoder™ Platform. These offerings leverage advanced deep learning algorithms to facilitate real-time medical coding directly at the point of care, aiming to improve billing processes for healthcare providers. The CodePilot™ utilizes synthetic data generation to achieve a Direct-to-Bill rate exceeding 85%, thereby minimizing reliance on human coders while maintaining a 97% accuracy rate. The mCoder™ Platform focuses on enhancing revenue cycle management by providing rapid reimbursement code resolutions and adaptable coding solutions tailored to specific site and state requirements.Maverick Medical AI generates revenue primarily through its subscription-based model for the Maverick CodePilot™ and the mCoder™ Platform. Healthcare providers engage with Maverick's services by subscribing to these platforms, which allows them to integrate autonomous coding capabilities into their existing systems. The transaction structure is characterized by direct business-to-business (B2B) relationships, where healthcare organizations pay for access to these advanced AI tools that streamline their coding and billing processes. Pricing plans for these services are structured to accommodate various organizational sizes and needs, ensuring broad accessibility while aligning with the value provided through enhanced operational efficiency and accuracy. The company plans to leverage these funds to enhance its product offerings and expand into new markets, specifically targeting additional regions in North America and Europe by the end of 2023. Upcoming product enhancements and additional features for the Maverick CodePilot™ and the mCoder™ Platform are in development, aimed at further improving coding accuracy and operational efficiency in healthcare billing.
Who invested in Maverick Medical AI
2 investors across 1 round
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Funding rounds
Seed
Mar 7, 2022
Amount
$5M
Investors
Questions about Maverick Medical AI
Who invested in Maverick Medical AI?
Maverick Medical AI has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Maverick Medical AI raised?
Maverick Medical AI has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Maverick Medical AI last raise money?
Maverick Medical AI's most recent round on record is a Seed, in Mar 2022.
What does Maverick Medical AI do?
Founded in 2018 by Michael Brozino and Yossi Shahak, Maverick Medical AI is based in Tel Aviv-Yafo, Israel.
Where is Maverick Medical AI headquartered?
Maverick Medical AI is headquartered in Tel Aviv-Yafo, Israel.
Which VCs invest in companies like Maverick Medical AI?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back healthcare it companies at Maverick Medical AI's stage. Their profiles are linked below.
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