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[Funding News] CA-based Daffodil Health Secures $4.6Million in Seed Funding

Daffodil Health, a provider of healthcare pricing and administration AI-powered solutions, secures $4.6million in seed funding. Maverick Ventures led the round, with Epic Ventures joining it.

Daffodil Health, a provider of healthcare pricing and administration AI-powered solutions, secures $4.6million in seed funding. Maverick Ventures led the round, with Epic Ventures joining it.

The money will be used by the business to increase operations and development initiatives.
It is, under the leadership of CEO Navin Nagiah, offers a SaaS platform driven by AI for healthcare pricing and administration that allows: claims repricing in real-time according to the desired pricing methodology of the payor or TPA.

Read also – [Funding News] CA-based Kudos Secures $10.2Million in Series A Round Funding

Setting up intricate pricing regulations. Automated benchmarking of the repriced claims and the use of AI/LLM models to generate comprehensive and convincing pricing justifications.

The application is anticipated to go live with many deployments in the next months thanks to early and close engagement with forward-thinking and creative payors and TPAs that embrace digital technology.

About Daffodil

Daffodil is a team of IT and medical professionals dedicated to reducing administrative costs in healthcare. A group of experts from MultiPlan, Google, McKinsey, and other firms with over a century of combined expertise in healthcare and technology created Daffodil Health.

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