CoverSelf raise $4.8 million in seed funding

$4.8 million in seed funding has been raised for CoverSelf, a cloud platform for healthcare claims and payment integrity, which was funded by BEENEXT & 3one4 Capital.

Built by a group of skilled healthcare technology and payment integrity pioneers, CoverSelf is an open and transparent healthcare platform.

With a collaborative and thorough SaaS platform designed specifically for healthcare claims and payment integrity, CoverSelf has given all stakeholders a strong foundation for innovation while minimising administrative waste and duplication of work.

It aims to enable medical claims to be paid in a precise, timely, and conclusive manner. According to CoverSelf, the platform offers a generational architectural shift that changes to accommodate the changing nature of healthcare and empowers users independently of external and technological requirements. It also intends to provide faster, simpler, and more accurate processes, as well as faster innovation and releases, to all players in the healthcare payment integrity and revenue cycle ecosystems.

The deployed technology is outdated, and the present claims integrity mechanisms are quite complex. To fix the flawed system that is currently leading to out-of-control healthcare costs and waste, significant software innovation is required.

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