Heaps Health Solutions has raised $7.45 million in a Series A funding round

Heaps Health Solutions, an AI-driven healthtech business, has raised $7.45 million in a Series A fundraising round led by NVS Wealth Managers.

Heaps, a network-as-a-service provider that provides insurers, hospitals, and companies with AI-based patient engagement platforms, said it expects to use the new funds to grow its staff, expedite product development and optimization, and expand into new areas.

“Heaps aims to revolutionize healthcare delivery and payment models at a global level. We have taken utmost care in securing the data privacy and confidentiality, and we will be using the data to turn them into actionable insights for payers, providers, and patients,”  

Suman Katragadda, founder and CEO of the company.

The company uses powerful data analytics, artificial intelligence, and machine learning (ML) to revolutionize healthcare delivery and payment paradigms. Patients, payers (insurance companies), providers (hospitals), and large enterprises are among the key stakeholders it collaborates with.

The platform allows for the management and coordination of patient care. Its machine learning and artificial intelligence capabilities will enable it to personalize care management programs for each patient or policyholder.

According to a press release, Heaps presently operates in India and the United States, with a significant demand pipeline from other nations such as South Africa, Bangladesh, and the United Arab Emirates.

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