Charta Health Raises $8.1M Seed Round to Optimize Medical Billing with AI
Charta Health helps healthcare providers streamline billing operations, reduce manual effort, and improve revenue integrity through AI-driven automation.
Company Name: Charta Health
Location: San Francisco, CA
Industry: Health Tech
Funding Details:
- Amount: $8.1M (Seed)
- Investors:
- Lead: Bain Capital Ventures
- Participants: SV Angel, South Park Commons, SpringRock Ventures, Refract Ventures, and strategic angel investors
Purpose of Investment:
- Expand research and development
- Grow the team
- Enhance AI-driven billing and coding platform
Leadership:
- Co-Founders: Justin Liu and Scott Morris (former engineers at Rockset, acquired by OpenAI)
Product:
Charta Health provides an AI-powered platform that optimizes medical billing and coding workflows. By performing pre-bill reviews on every chart, it identifies missed coding opportunities, prevents claim denials, and ensures compliance with billing standards.
Key features include:
- Automated pre-bill review to optimize revenue capture
- AI-powered denial prevention to reduce claim rejections
- Customizable compliance audits to meet regulatory standards
About the Company:
Charta Health helps healthcare providers streamline billing operations, reduce manual effort, and improve revenue integrity through AI-driven automation. The company’s technology ensures that providers maximize reimbursements while maintaining compliance, reducing administrative overhead in the process.
