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Ascertain is a venture capital firm founded by leaders in healthcare and technology, dedicated to automating healthcare administration through its agentic AI platform. Established in New York City, the organization aims to alleviate the administrative burdens that hinder patient care. The firm focuses on enhancing operational efficiency and patient access within the healthcare sector.
Currently, Ascertain partners with provider groups, health systems, and payers to streamline workflows such as prior authorizations, eligibility verification, claims management, and care coordination. The firm has demonstrated significant momentum through its partnerships, showcasing its ability to improve operational metrics in healthcare administration.
Ascertain specializes in providing automation services for healthcare operations, specifically targeting workflows such as prior authorizations, eligibility verification, claims management, and care coordination. The organization integrates seamlessly with existing healthcare systems to enhance operational efficiency and patient access. Its investment strategy emphasizes technologies that streamline healthcare operations, particularly through automation.
The firm seeks to partner with startups that are innovating in healthcare technology, aiming to improve the overall patient experience and operational metrics. Ascertain's focus on automating administrative tasks positions it as a key player in the healthcare technology sector.
Ascertain has established notable partnerships that highlight its impact in the healthcare sector:
These partnerships demonstrate Ascertain's commitment to improving operational efficiency and patient access through innovative automation solutions.
Mark Michalski, MD - Chief Executive Officer. Mark has a background in healthcare leadership and technology innovation.
Molly O’Neill - Chief Commercial Officer. Molly brings expertise in commercial strategy and business development within the healthcare sector.
Chris Mitchell - Chief Operating Officer. Chris has extensive experience in operational management and healthcare administration.
Carlos Dedesma - Director of Operations & Finance. Carlos oversees financial operations and strategic planning.
Eli Bernstein - Chief Product Officer. Eli focuses on product development and innovation in healthcare technology.
John Gibb - Head of Engineering. John leads engineering efforts to enhance Ascertain's AI platform.
Marisol Sanders - Head of Marketing. Marisol manages marketing strategies to promote Ascertain's services.
Startups interested in pitching to Ascertain should submit their inquiries through the firm's website. A demo request option is available, which may be beneficial for showcasing their technology. Founders should include detailed information about their product, market fit, and operational metrics in their pitch deck.
Response times may vary, but startups are encouraged to follow up if they do not receive a timely reply. Warm introductions are likely preferred, given the firm's focus on building partnerships within the healthcare sector.
Ascertain has made significant strides in the healthcare technology sector through its partnerships. Notable achievements include a 95% faster submission rate for prior authorizations across over 100 oncology clinics with The Oncology Institute.
Additionally, in collaboration with Northwell Health, Ascertain's case management pilot resulted in an 80% reduction in user clicks and a 67% decrease in authorization submission time. These accomplishments underscore Ascertain's impact on improving operational efficiency in healthcare administration.
What are Ascertain's investment criteria?
Ascertain invests in technologies that automate healthcare operations, focusing on sectors such as healthcare and AI. The firm looks for startups that enhance operational efficiency and patient access.
How can startups apply or pitch to Ascertain?
Startups can reach out through Ascertain's website, where they can request a demo or inquire about potential partnerships. Specific application forms or portals are not mentioned.
What makes Ascertain different from other venture capital firms?
Ascertain's unique focus on automating healthcare administration through its agentic AI platform sets it apart. The firm emphasizes improving operational metrics and patient care through innovative technology.
What is Ascertain's geographic scope?
Ascertain primarily invests in North America, specifically within the United States, targeting healthcare technology startups.
What is the typical check size for investments?
Specific check sizes are not disclosed, but Ascertain focuses on early to growth-stage investments in the healthcare sector.
What kind of post-investment involvement does Ascertain have?
While specific details are not provided, Ascertain's partnerships suggest an active role in supporting portfolio companies to enhance operational efficiency and patient access.
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