Ascertain Secures $10 Million in Series A Funding to Enhance AI-Driven Healthcare Solutions

Ascertain Secures $10 Million in Series A Funding



In a significant move for the healthcare technology sector, Ascertain has announced a successful $10 million Series A funding round led by Deerfield Management, with strategic investment from Northwell Health. This financial boost aims to accelerate Ascertain’s mission to integrate artificial intelligence (AI) into healthcare workflows, ultimately enhancing patient care quality and streamlining operations.

Transforming Healthcare Workflows



Ascertain's innovative platform is designed to alleviate the burdens faced by healthcare professionals by automating time-consuming administrative tasks. Currently, case managers dedicate up to 60% of their time to manual documentation, prior authorizations, and compliance—activities that detract from direct patient engagement. By automating these processes, Ascertain is empowering care teams to prioritize high-impact areas such as care planning and managing high-risk patients.

With over 100,000 job vacancies for case managers and administrative roles in the U.S., the healthcare sector faces critical workforce shortages. Ascertain's solutions are poised to address these staffing challenges directly by enhancing the efficiency of existing teams, allowing them to operate effectively amidst rising patient demands.

A Strategic Partnership



This funding win supports Ascertain’s collaborative efforts with Northwell Health, particularly in operationalizing AI technology to improve the way healthcare providers manage administrative processes. Mark Solazzo, President of Strategic Initiatives and Chief Operating Officer at Northwell Health, emphasized the importance of Ascertain's role in this endeavor, stating, “At a time when clinicians and team members are faced with increasing administrative burden, Ascertain's technology allows for focus to be redirected towards patients and their families.”

Through this partnership, Ascertain has already seen success with Northwell Health’s transitions-of-care administration team, which has initiated pilot programs utilizing Ascertain's AI solutions for authorizations. These efforts have illustrated how AI can effectively reduce manual work and allow healthcare professionals to redirect their attention to patient care.

Future Growth and Expansion



Ascertain’s CEO, Dr. Mark Michalski, brings invaluable expertise from his impressive tenure at Mass General Brigham and other tech-driven healthcare initiatives. Under his leadership, the team has refined their AI solution to be flexible and easily integrated into current healthcare systems. As the company gears up for expansion, Michalski will also step into the role of Chief Information Officer at Deerfield Management, allowing him to leverage his experience for greater organizational impact.

“We recognize a critical need to develop and implement AI solutions that ease the administrative burden on payers and providers,” Michalski noted. “Collaborating with Deerfield, Northwell, and Aegis provides Ascertain access to a range of distribution channels and data to unlock new levels of efficiency.”

Impact on the Healthcare Landscape



Ascertain’s mission aligns with the growing need for technological solutions that bridge fragmented processes within the healthcare system. By offering a unified interface for case managers, Ascertain facilitates communication with clinical teams and payers, enabling them to access critical medical information and automate cumbersome tasks. This streamlined approach ensures that patients receive timely and appropriate care.

Looking ahead, the company is well-poised to transform how healthcare organizations operate. As healthcare demands increase, Ascertain is leading the charge in demonstrating how AI can make a significant difference in patient management and operational efficiency, thereby addressing one of the most pressing issues currently facing the sector.

About Ascertain



Ascertain is dedicated to empowering healthcare teams with its AI-driven solutions. By simplifying operations and lessening administrative burdens, Ascertain helps health systems and independent provider groups improve care quality and efficiency. For more about their innovative approach and to follow their journey, visit Ascertain's website.

Conclusion



With this new funding, Ascertain sets the stage for an ambitious growth trajectory that promises to reshape the landscape of healthcare management through advanced AI capabilities. The collaboration with influential partners like Deerfield Management and Northwell Health marks a pivotal point in their quest to revolutionize patient care through technology.

Topics Health)

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