Athelas
Athelas, based in Mountain View, CA, is a healthcare company specializing in innovative medical products and services, including AI-driven solutions for revenue cycle management, patient care, and documentation automation.
Overview of Athelas
Athelas is a healthcare company based in Mountain View, California, with a team size of 160. The company operates in the healthcare sub-industry, focusing on creating the next generation of medical products at the intersection of hardware and software. Athelas is dedicated to bringing hospital-class tools to homes, with its innovative solutions offering life-changing healthcare products to people around the globe.
Services
Athelas offers a variety of services including Remote Patient Monitoring (RPM), Revenue Cycle Management (RCM), and Patient Care services. RPM allows healthcare providers to monitor patient vitals such as blood pressure, weight, and blood glucose remotely. RCM services automate workflows, provide real-time insights, and aim to increase revenue for healthcare providers. Patient Care services involve monitoring patients using internet-connected smart devices, ensuring continuous and effective care.
Products
Athelas provides several innovative products like the Athelas Rules Engine, which optimizes claim submissions to maximize reimbursement by analyzing every claim. Athelas Scribe automates documentation and workflows using AI, significantly reducing documentation time and provider fatigue. The product is available on the Chrome Web Store and the Apple App Store, with plans to launch on Google Play and Apple Watch. Additional solutions include patient payment options like text, email, and physical mail reminders, payment plans via Affirm, and autodebit of saved cards.
Technological Integration
Athelas integrates with over 20 Electronic Health Records (EHRs), including Epic Systems, Cerner, eClinicalWorks, and Athenahealth. This extensive integration ensures seamless data flow and enhances the overall efficiency of medical practices. The company also utilizes AI technologies to auto-solve denials based on historical approvals and automatically summarize large amounts of text, continuously evolving its product offerings to meet the changing needs of the healthcare industry.
Real-time Financial Transparency
Athelas offers real-time transparency into financials, enabling users to zoom into individual claims with a single click. This feature provides a detailed view of financial transactions, ensuring that healthcare providers have complete visibility over their revenue cycles. By leveraging the Athelas Rules Engine, the company optimizes the claim submission process, enhancing the reimbursement rates for healthcare providers and improving their financial health.