"Spoiler: yes, it is worth the hype. We’re convinced that recent regulatory advancements (data interoperability, pricing transparency, digital prior authorization) and technical unlocks (foundation models for natural language processing, speech understanding, and OCR) remove key rate-limiting factors and pave the way for revenue cycle management (RCM) centered around software, not people....When you combine that capability with the aforementioned regulatory tailwinds and a few adjacencies (i.e., use some OCR to read a fax, a voice bot to call a payer, etc.), AI can help a lot of problematic healthcare data escape unstructured, unreadable purgatory and move up into structured, readable paradise. Clever combinations of regulatory and technical unlocks create a ton of opportunity, both for later-stage startups with existing customers and new founders building from scratch. In lieu of trying to be an expert on any single application, below is a (non-comprehensive!) smattering of ideas and companies we’re excited about..." Adonis being part of the End-to-End RCM bucket.
