"When Valerie Health CEO Peter Shalek demos his product to clinicians, he has an unusual pitch: "This is a weird demo, because you'll never have to use this software." Valerie Health, which Shalek cofounded alongside Uber Health founder Nitin Joshi, aims to fully automate time-consuming front-office tasks in healthcare, such as referrals and patient scheduling. It's taking over those tasks for independent provider groups, a focus that's helping the startup rack up new revenue - and new venture funding."
"Those administrative burdens and related financial pressures can lead provider groups to be acquired by hospitals or consolidated by private equity firms. But those deals can mean higher costs for patients and lower satisfaction for the clinicians impacted. Shalek wants Valerie Health to help providers thrive independently. "I think that there's an opportunity to make it so that independent practice is the easiest, the highest quality, the most profitable place to deliver care, which is really the core mission we have," he said."
Valerie Health automates front-office healthcare tasks such as referrals and patient scheduling using AI and company staff. The company focuses on independent provider groups across specialties including urology, podiatry, and cardiology. Valerie Health raised $30 million in Series A funding led by Redpoint Ventures, bringing total funding to $39 million since its 2024 founding. The service performs administrative work to reduce referral backlogs, improve patient intake and follow-up, and increase practice profitability. The company aims to help independent practices remain competitive and avoid acquisition or consolidation that can raise costs and lower clinician satisfaction.
Read at Business Insider
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