OODA Health is a US-based startup, founded in 2017, with a mission to revolutionize the healthcare administration sector. The company addresses the inefficiencies in the current healthcare system, aiming to eliminate the $400 billion wasted annually due to outdated claims adjudication processes. OODA Health offers a solution with real-time interactions between providers, members, and payers, streamlining claims adjudication and ensuring providers receive immediate payment. The recent $42.50M Series A investment on June 20, 2018, from Oak HC/FT, Threshold Ventures, and Blue Shield of California reflects investor confidence in the company's innovative approach. With a focus on Financial Services, Health Care, and Payments industries, OODA Health presents a compelling opportunity for venture capitalists seeking to support disruptive solutions in the healthcare sector.
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