We are glad to announce that we have recently been accepted by Vanta's security monitoring and compliance process!

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With Carebound’s unified search platform, searching for the answers hidden in your financial and operational data is as easy as asking the question...

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Healthcare Challenges

What’s holding you back?

Collecting data for the sake of it

Healthcare providers collect oceans of valuable data every day - but if you can’t easily and quickly put it to work, what’s the point?

Business intelligence that is anything but intelligent

Traditional BI tools lead to an explosion of dashboards and static reports that require time and expertise to build and maintain - when all you often need is an answer to a question.

Time wasted on administration

Administrative tasks constitute 15% to 30% of healthcare spending - time (and money) that could be more profitably spent elsewhere.

Healthcare by the numbers

Healthcare has a numbers challenge - we're here to solve it.

>$130B

...spent on non-clinical functions, such as finance, human resources, and quality reporting

*Source: McKinsey
3x

...greater administrative spend in the US compared to the next highest country

*Source: HealthAffairs
25%

...of healthcare’s labor supply is at high risk of leaving the industry unless burnout is seriously addressed

*Source: Signalfire
1/3

...of healthcare leaders have already implemented AI, with more than half planning to implement it

*Source: HIMSS and Arcadia Market Insights
Our solution

One simple, unified search experience

Our AI-driven, natural language based platform lets the whole team interact with  data simply and effectively. Supercharge your coders and analysts. It’s time to stop looking for answers and start finding them.

Intuitive UI & rapid onboarding

If you can ask a question, our platform can answer it. Based around natural language ‘question and answer’, all your team can quickly and easily get straight to work - finding insights, not learning yet another tool.

Quick rollout

Data integration projects are lengthy, expensive projects. Our solution takes a fraction of the time to implement, letting you focus on what really matters. Get up and running in under 4 weeks.

Seamless collaboration

Tired of your left hand not speaking to the right?  Natural language lets cross-disciplinary teams communicate and share insights. Finally, from the front line to the bottom line - everyone’s on the same page.

Effortless financial analytics

Intuitively implement powerful data analytics to discover cost savings and manage spending initiatives across your entire organization. Discover insights from financial data in any format. Stop digging through infinite spreadsheet tabs - start making decisions.

Empowered revenue cycle management

Effortlessly cross reference claim management data from various sources (AR, billing, EMR, etc). Our platform is format agnostic - if the data or file referenced is in your Carebound data warehouse, then you can find the answer with a simple question.

Understand payor contracts

Increase the value and likelihood of payout with a data-driven argument that mitigates risk. Deep dive into previous negotiations and compare them with industry standard best practices. Find out exactly why previous submissions have failed - and take back the money you’re owed.

Just as generative AI is revamping the way we think about care management, it also holds strong potential to reduce administrative waste — a key contributor to burnout.

Dennis Dahlen
CFO Mayo Clinic
President HFMA
Security

It’s your data. We keep it that way.

All data is sensitive, but with healthcare it’s business critical. With SOC-2 standards, and HIPAA compliance, we ensure that your data is only ever seen by the right people.

SOC-2 Type II

Carebound assures unparalleled security and data integrity as a SOC 2 Type II compliant company. With robust measures in place, we guarantee the protection of your sensitive information, prioritizing confidentiality, integrity, and availability. Trust Carebound for a secure healthcare partnership where your data is handled with precision and excellence.

HIPAA compliance

HIPAA compliance ensures that companies that access, process, or store protected health information follow best practices for keeping this highly sensitive data secure.

Insights

AI news in healthcare

The world of AI in healthcare is moving fast - read on to keep up with all the latest developments

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