AKASA, formerly known as Alpha Health, is the first Unified Automation company built specifically for healthcare revenue cycle management.
AKASA is on a mission to remedy the financial complexity crippling healthcare in America.
AKASA was founded in 2018 by Malinka Walaliyadde, Varun Ganapathi, Andy Atwal and Ben Beadle-Ryby. The company is headquartered in South San Francisco, California.
AKASA uses machine learning approaches to provide health systems with a single solution for revenue cycle management. AKASA's Unified Automation brings together the best of people, data and technology to efficiently, accurately and autonomously navigate the complex state of medical reimbursement in the United States.
AKASA's pioneering Unified Automation solution for healthcare RCM addresses the challenges in medical reimbursement that drive costs. The company's unique approach unifies proprietary machine-learning technologies, human judgment and subject matter expertise into a single solution.
AKASA's models and algorithms have been trained on more than 178 million claims and remittances. AKASA uses HIPAA and HITRUST compliant web and cloud services.
AKASA is backed by Andreessen Horowitz, BOND, Costanoa Ventures, Jim Momtazee and others. The company raised $60M in Series B round on Mar 23, 2021. This brings AKASA's total funding to $85M to date.