AKASA leverages generative AI technology to improve the revenue cycle for healthcare organizations. The platform focuses on automating processes such as prior authorization, medical coding, and claim management.

AKASA

AKASA | 7,305 followers on LinkedIn. AKASA is the preeminent provider of generative AI solutions for the healthcare revenue cycle. | Healthcare revenue cycle teams are strained. Volumes are rising, margins are constricting, and hiring and retaining enough staff is impossible. That’s why you need technology.

Sr DevOps Engineer

Mike Pechner

EXECUTIVE LEADERSHIP: Product Development & Launch → Digital Healthcare Technology → Revenue & Profit Growth → Technology Innovation → C-Suite &…

Cory Costley

Zulq Alam

Editorial Director at AKASA | Content Marketing | Storytelling

Tiffany Smith

🚀 We're gearing up for Becker's Healthcare 's CEO + CFO Roundtable! 🚀 AKASA is heading to Chicago from November 11–14 for Becker’s 12th Annual CEO + CFO Roundtable, and we can't wait to talk about how generative AI is shaking up the revenue cycle game for leading health systems.💡 If you're attending, let's connect! We'd love to show you how GenAI can help unlock new revenue opportunities and drive serious efficiency in your organization. 📈 Want to see the latest innovations coming from our team? Grab some time on the calendar during the conference: https://lnkd.in/efzV8TV6 #BeckersCEOCFO

🏁 "We’ve arrived at a rare frontier moment for healthcare today. LLMs have created key leverage points to chip away at some of the industry’s biggest logjams." "Healthcare, an industry steeped in risk aversion, has historically been highly resistant to change. For good reason. The consequences of getting it wrong are severe in human terms, unlike in other sectors where rapid experimentation might be tolerated (or preferred). What makes this moment in history different? An ability to ingest, understand, and link fragmented structured and unstructured data with AI. Software can now tackle operationally intensive and detail oriented tasks across critical healthcare processes: documentation, coding, billing, data management and more, and start automating larger chunks of bottlenecked workflows." Want to know more about why Costanoa Ventures is so excited about this new technology? And why they're investing in companies like AKASA? Read the full article 👇

👋 That's a wrap on AHIMA 24 and Salt Lake City! 👋 🤝 It was fantastic connecting with so many passionate leaders and professionals in healthcare, each dedicated to improving the future of coding and health information management. 👂 Hearing about your unique challenges, goals, and visions made the event truly inspiring. 🙏 Thank you to everyone who attended our session and stopped by our booth to chat, learn, and envision what’s possible with generative AI. 📆 See you next year in Minnesota! #AHIMA24 Amy Raymond Mindy Harris, RHIA, CCS, CDIP, CPC, CPMA, CRC Cory Costley Rick Tillar Christian Carlson Justin Barlow Atticus Lynch Kelly Leo Diem A. Bui, MBA Libby Monette

🤝 What can generative AI do for revenue cycle teams? Help! 🤝 Noel Juaire , vice president of patient financial services at Stanford Health Care, and Cory Costley , chief product officer at AKASA, recently participated in a Becker's Healthcare fireside chat on GenAI. 📺 Watch what they have to say about this innovative new technology, how they're using it, and why it's so beneficial for RCM. The link to the full webinar is in the chat. ⬇️

What can generative AI do for medical coding? Susan Morse of HIMSS Healthcare Finance News chatted with Malinka Walaliyadde , CEO of AKASA, to find out. Link to the full interview in the comments👇

Though AKASA is a remote-friendly company, we also enjoy getting together in person. This week, we've gathered in San Diego for fun and brainstorming. 🌞 🧠 It's been great chatting about where we are, where we're going, and how we can further help health systems. Hearing from colleagues, customers, and industry experts. And, yes, scavenger hunts, surfing, hiking, and karaoke. What an incredible week. 🎉

🎉 𝐍𝐞𝐰 𝐎𝐫𝐥𝐞𝐚𝐧𝐬, 𝐡𝐞𝐫𝐞 𝐰𝐞 𝐜𝐨𝐦𝐞! 🎉 AKASA is heading to the HFMA Region 9 Annual Conference from November 3–5, and we’re pumped to talk all things 𝐠𝐞𝐧𝐞𝐫𝐚𝐭𝐢𝐯𝐞 𝐀𝐈 and revenue cycles. 🧠💡 If you’re attending, let’s grab some time to connect! We’d love to share how our AI solutions are helping health systems unlock new revenue and boost efficiency. 📈 Want to learn more? Grab 15 minutes on the calendar for ☕️🍷🗣️🤯: https://lnkd.in/gGDDy59n Can’t wait to catch up in the Big Easy! 🍽️🎷

🏆 So honored to be named a finalist for the Fierce Healthcare Innovation Awards in Artificial Intelligence Solutions. 🏆 We're incredibly proud of the work we're doing in generative AI, helping health systems and revenue cycles become faster, smarter, and better! #FierceInnovationAwards #HealthcareInnovation #HealthTech #Healthcare

📣 𝐍𝐄𝐖 𝐒𝐔𝐑𝐕𝐄𝐘: 𝐇𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞 𝐥𝐞𝐚𝐝𝐞𝐫𝐬 𝐚𝐠𝐫𝐞𝐞 𝐭𝐡𝐚𝐭 𝐆𝐞𝐧𝐀𝐈 𝐢𝐬 𝐭𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐢𝐧𝐠 𝐦𝐞𝐝𝐢𝐜𝐚𝐥 𝐜𝐨𝐝𝐢𝐧𝐠! 📣 A recent Healthcare Financial Management Association (HFMA) Pulse Survey (commissioned by AKASA) reveals that 90% of hospital and health system revenue cycle leaders believe generative AI (GenAI) will impact medical coding operations, and 65% expect that impact to be 𝐬𝐮𝐛𝐬𝐭𝐚𝐧𝐭𝐢𝐚𝐥! 🔍 Key Insights: 🔴 45% of healthcare leaders are optimistic that GenAI will significantly improve their coding operations 🔴 20% see GenAI as a complete game-changer, expecting it to drive a full restructuring of coding processes 🔴 While 25% remain skeptical, they acknowledge GenAI's potential for improvements 💬 As AKASA CEO and co-founder Malinka Walaliyadde put it: "Generative AI is the future of medical coding. It’s like giving coders superpowers. They can now perform the same work, but 𝐛𝐞𝐭𝐭𝐞𝐫 𝐚𝐧𝐝 𝐟𝐚𝐬𝐭𝐞𝐫. We don’t believe in replacing coders with technology. The goal is to empower them, streamlining and automating routine tasks and ultimately freeing up coders to focus on the areas of highest value where their attention is most needed." 👇 Click the link to dive into the full press release and see how GenAI can help take your coding team to the next level. https://lnkd.in/e7CWDP6Q

📆 Are you making your schedule for #AHIMA24 ? Don’t miss this session! 📣Why Medical Coding Needs Generative AI 📣 Generative AI is the future of the coding industry. But do you know why? Or how teams should be preparing now? Join Mindy Harris, RHIA, CCS, CDIP, CPC, CPMA, CRC , director of coding at AKASA, for an in-depth look at why you need to be investing in GenAI right now. You’ll learn: ✅ What generative AI is and its practical applications within the revenue cycle today. ✅ How coding teams can use generative AI in their day-to-day work — now. ✅ How to reskill and upskill your workforce and gain best practices in change management Leading health systems are jumping on board and already seeing great results. Don’t miss out. Mark your calendar now: ⏰ Tuesday, October 29 at 10:15 a.m. MT 📍 Grand Ballroom I #HIM #HealthInformation #AHIMAEvents #AHIMACountdown

Domain Not Resolving

Cofounder and VP, Engineering

Andy Atwal

Chief Product Officer

Cory Costly​

General Counsel

Dan Cook

CEO and Cofounder

Malinka Walaliyadde

Chief Marketing Officer

Phil Walsh

Chief Technology Officer

Varun Ganapathi

SVP, Revenue Cycle Operations and Deployments

Amy Raymond

Director, Data Analytics

Alexander Brown

Associate Director, RCO Projects

Alishia Maxwell

Director of Strategic Growth

Angela Glenn

Noah Knauf

Rebecca Harrington

Co-Founder and CEO

Co-Founder & Chief Technology Officer

Co-Founder and VP, Engineering

Sanjay Siddhanti

Senior Director of Engineering

Ryan Roland

Chief Financial Officer

Amy Lute

Business Operations Consultant

Christian Carlson

Managing Director

Catherine Afarian

Vice President, Corporate Communications

California Late Stage Companies With Less Than $50M in Revenue

West Coast Companies With Less Than $1B in Revenue (Top 10K)

United States Late Stage Companies With More Than 100 Employees

Western US Companies With More Than 50 Employees (Top 10K)

AKASA is the leading developer of AI-powered automation for the revenue cycle. 

We deliver comprehensive automation for complex workflows. This helps healthcare providers improve revenue outcomes, achieve greater efficiency, elevate their teams, and allocate resources where they matter most. From prior authorization to claims processing, we provide innovative and reliable revenue cycle solutions that give providers peace of mind.

AKASA applies advanced technology (such as AI and LLMs) to automate revenue cycle tasks that are complex and time-consuming, and were previously un-solvable at scale. Our solutions are built on deep revenue cycle expertise, grounded in the highest standards for data security, and provide measurable results with accuracy, speed, and completeness.

We’ve helped healthcare providers decrease A/R days by 13%, increase efficiency by 86%, save 300+ hours of staff time per month, and increase gross yield by $30M. 

With investors that include Andreessen Horowitz, BOND, Costanoa Ventures, and more, we’ve raised more than $200M to help eliminate the financial complexity of healthcare. We’re rebuilding the healthcare revenue cycle with AI.

Series C - AKASA

Bond

Nancy Xiao

Series B - AKASA

Andreessen Horowitz

Series A - AKASA

Seed Round - AKASA

Computer and Software Services and Scientific Services

San Francisco

California

United States

North America

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India

Asia

Sri Lanka

Vietnam

Spain

Europe

AKASA leverages revenue cycle management expertise and technology, including generative AI, to enhance the revenue cycle in healthcare, focusing on improving efficiency and patient satisfaction. Self-described as the preeminent provider of generative AI solutions for the healthcare revenue cycle.

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