Ascertain, a healthcare technology company empowering care teams with AI, today announced $10 million in Series A funding in a financing round led by Deerfield Management with strategic participation from Northwell Health.
The investment will accelerate the growth and expand access to Ascertain’s AI-powered solutions to enable higher quality patient care, faster care journeys, and more cost-efficient care delivery across the healthcare system.
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“Ascertain differentiates itself by using artificial intelligence to reimagine healthcare workflows from the ground up, rather than just making existing workflows more efficient. The company is bringing partners greater efficiency, reduced friction, and new and improved ways to care for patients.” Julian Harris, MD, Operating Partner Healthcare Services at Deerfield Management, said.
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Ascertain has been generating strong results for Northwell Health, in partnership with its centralized transitions-of-care administration team, by initiating a pilot to process authorizations, showcasing the power of Ascertain to enable nurses, case managers, social workers, and other staff to focus more of their time on patient care rather than administrative tasks.
“At a time when clinicians and team members are faced with increasing administrative burden and manual work, Ascertain’s ability to automate and streamline workflows allows for focus to be redirected towards patients and their families rather than tasks. This collaboration has demonstrated that Ascertain’s technology effectively addresses the unique challenges of complex healthcare organizations. Building on the experience with Northwell, Ascertain is well positioned to partner with fellow health systems to drive greater efficiency and improve patient care.” Mark Solazzo, President of Strategic Initiatives and Chief Operating Officer at Northwell Health, said.
