PrecisionGx is an insurtech startup based in the United States that focuses on automating payment and premium integrity for health insurance companies through the utilization of claims data native AI technology. Acquired by TREND Health Partners, it is no longer hiring, as any job postings or messages claiming to be from PrecisionG are not legitimate. The company offers an automated claims intelligence solution for healthcare payers, including insurers and prescription assistance programs, aiming to identify and recover the $300B in overpaid, incorrect, or fraudulent payments in the U.S. Through its claims intelligence engine, PrecisionGx can identify 30% more in recoverable payments, creating automations for their customers across coordination, coding, duplication, and other payment issues that are traditionally handled manually. This enables the company to outperform legacy vendors in payment recoveries and create transformative, AI-enabled prevention for the 75% of incorrect payments that existing vendors can't address today. The last known investment was a Series A investment on 07 June 2022, with Commerce Ventures and FCA Venture Partners participating as the investors.
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