PrecisionGx
Philadelphia, Pennsylvania, United States
How PrecisionGx hit $2.2M revenue with a 22 person team in 2023.
PrecisionGx is an artificial intelligence technology company that assists health insurers in leveraging the power of AI to enhance the detection of inappropriate and wasteful payments and increase recovery rates. Built specifically for health insurance claims data, PrecisionGx's Engine excels in complex environments and is uniquely positioned to address healthcare's most intricate and costly claims challenges. Despite the availability of more than $1 trillion in annual waste, payers continue to depend on traditional business rules and labor-intensive human review processes for tasks ranging from payment accuracy and adjudication to fraud detection and risk adjustment auditing. PrecisionGx aids its clients in the transition from the outdated status quo to automated, intelligent decision-making. With more than $50 billion in paid claims analyzed, including over 2.5 billion patient events and 100 billion patient data points in 2019 alone, the company's AI Engine has a proven track record. It has identified tens of millions of dollars in over-payments and potential savings for insurers each year. The models delivered by PrecisionGx enhance detection system performance and overall audit efficiency by more than 35%. For organizations looking to increase in-house recoveries and significantly boost their bottom line, PrecisionGx offers the opportunity to build a long-term asset with no upfront risk.
2015
Founded
$2.2M
2023 Revenue
-----
YOY
$0
Funding
PrecisionGx Revenue
In 2023, PrecisionGx revenue run rate hit $2.2M in revenue.
-
2023
PrecisionGx hit $2.2M in revenue in 2023
-
2015
PrecisionGx launched in 2015 with $0 revenue
PrecisionGx Funding History
No funding has been reported for PrecisionGx yet.
Team
PrecisionGx has 22 total employees.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 22 |
Founder / CEO
Kellie McLaverty
Q&A
-
What's your age?
-
-
Favorite online tool?
-
-
Favorite book?
-
-
Favorite CEO?
-
-
Advice for 20 year old self
-
Customers
Churn
PrecisionGx Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Kellie McLaverty | CEO | [email protected] | - |
PrecisionGx Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Kellie McLaverty | CEO | [email protected] | - |
Frequently Asked Questions about PrecisionGx
-
When was PrecisionGx founded?
PrecisionGx was founded in 2015.
-
How much revenue does PrecisionGx generate?
PrecisionGx generates $2.2M in revenue.
-
Who is the CEO of PrecisionGx
The CEO of PrecisionGx is Kellie McLaverty.
-
How much funding does PrecisionGx have?
PrecisionGx raised $0.
-
How many employees does PrecisionGx have?
PrecisionGx has 22 employees.
-
Where is PrecisionGx headquarters?
PrecisionGx is headquartered at Philadelphia, Pennsylvania, United States
People Also Viewed
Metrolink.ai
Metrolink is a unified data operations platform
ENACT SYSTEMS INC
Software Platform for Solar and Storage, Software Platform for Solar & Storage
Fenestrae
Provider of an optimized platform designed to improve business agility and reduce operating costs. The company's optimized platform helps in sending and receiving fax and messages from any business application or multi functional printer, enabling businesses to convert business documents into smart digital files for easy exchange inside and outside.
Pinpo
Developer of an online platform designed to match tenants and real estate agents. The company's matching application saves automatically all contacts received by email, provides ads, no manual entry is required and engages all contacts within 5 minutes of request, enabling tenants and real estate agents to meet with each other easily and conveniently.
KITE
KITE SRM - startup relationship management is designed specifically for enterprises, consultants and accelerators who need powerful tools to manage increasing numbers of startup interactions and navigate the complex, constantly changing startup landscape. The company's customers trust KITE to super-charge their startup management and discovery process. KITE works with leading innovators including Comcast NBCUniversal, Estee Lauder Companies Online, PMI, Unilever, and Visa. KITE makes it easy to track startup relationships and access industry experts so any business can stay current on the startup ecosystem. KITE was founded in 2013 to address the fundamental disconnect between startups and enterprises. Innovation-hungry corporations were having trouble navigating the vast startup ecosystem.
WurkNow
Next-Generation Staffing & Workforce Management Platform.