Trillions in claims are submitted to health insurance carriers in the USA annually
>$
4.5
Trillion
More than $4.5 Trillion of claims are submitted to health insurance carriers every year in the USA
15
%*
Denied
$600 Billion Addressable Market
*Based on Red Sky Health's extensive
data analysis results
*Based on Red Sky Health's extensive
data analysis results
+
26
%
Increase
Rise in denials in the last 3 years
The current denial process doesn’t work
86%
of denials are due to mistakes and errors that can be fixed and re-submitted for payment to provider
Extremely labor intensive
No automated tools
Most denials are not adequately addressed