In the News
February 18, 2025
Why Denials Management Requires a Three-Tiered Approach
While often seen as a normal cost of doing business, denials impact not only the provider's revenue cycle but also patient care, which is why the amount of money left on the table is hard to ignore.
In health care, denials can significantly impact a provider's revenue cycle. Each year, more than $4.5 trillion in claims are submitted to insurance carriers in the U.S. alone. Yet despite this, health care providers continue to see a rise in claims being denied.
January 13, 2025
Red Sky Health Secures $3M in Seed Funding to Revolutionize Healthcare Claims Management
Led by Trevor Burgess and Charles River Data Alumni, Gleb Drobkov and Mike Dezube, RSH Aims to Combat $262 Billion in Annual Insurance Claim Denials
Red Sky Health (RSH), an AI-driven platform designed to optimize healthcare claims management, has raised $3 million in seed funding. The round was led by serial entrepreneur and investor Trevor Burgess, alongside notable alumni from Charles River Data, Gleb Drobkov and Mike Dezube, now key figures in Neptune Flood’s data science leadership.