AI solutions provider for healthcare industry, focused on improving clinical operations and patient care
2020
Noida (India)
Seed
ConsInt is a pioneering technology company at the forefront of the healthcare sector, specializing in AI-driven solutions for insurance fraud detection, risk management, and claims processing.
Risk.ai: AI-powered platform for detecting anomalies, mitigating fraud, and safeguarding against financial and reputational losses in healthcare claims.
AutoClaim.ai: Automates claim generation and processing, streamlining claim transactions for insurers and healthcare providers using AI.
CIPHR.ai: Digitizes patient health records, manages patient journeys, and predicts health outcomes to enhance clinical care and operational efficiency.
DocInsight.ai: Uses AI tagging to categorize, search, and retrieve documents, eliminating manual document organization.
DigiMRD.ai: Streamlines healthcare document management, workflow automation, data exchange, and compliance.
FaceD.ai: Employs facial recognition AI for patient identification and authentication, improving check-ins and reducing eligibility errors.
HInsight.ai: Provides overall hospital performance insights, particularly for identity management.
KnowFlow: Enables seamless interaction with medical documents, contracts, and claims using Large Language Models (LLMs).
ConsInt operates primarily on a B2B (business-to-business) model, targeting insurers, hospitals, and third-party administrators (TPAs) within the healthcare ecosystem7. Its revenue streams are structured around:
SaaS Subscriptions: ConsInt provides its AI-powered platforms (Risk.ai, CIPHR.ai) through subscription-based models, charging clients recurring fees for ongoing access to its solutions. This approach ensures predictable, stable revenue and fosters long-term client relationships.
Service Fees and Custom Integrations: For large enterprise clients, ConsInt may offer tailored solutions, integration services, and premium support, generating additional service-based revenue.
Project-Based Revenue: In cases where clients require bespoke analytics or fraud investigation projects, ConsInt can generate non-recurring revenue through one-time contracts.
ConsInt’s primary customers are B2B entities within the healthcare and insurance sectors, including:
Health insurance companies seeking to automate and secure claims processing.
Hospitals and healthcare networks aiming to digitize patient records and optimize patient journeys.
TPAs requiring robust fraud detection and revenue management tools75.
ConsInt’s growth is driven by:
Market Expansion: ConsInt is scaling its operations, expanding sales outreach, and targeting new geographies and customer segments.
Product Innovation: Continuous investment in R&D to enhance its Generative AI feature suite, further improving fraud detection, claims optimization, and personalized clinical care.
Strategic Partnerships: Collaborating with insurers, healthcare providers, and technology partners to broaden market reach and accelerate adoption.
Talent and Infrastructure: Expanding its team and upgrading infrastructure to support rapid growth and maintain technological leadership.
Compared to industry standards, ConsInt differentiates itself by:
Offering cutting-edge Generative AI solutions tailored specifically for healthcare insurance fraud and risk management-a niche with high demand and significant cost-saving potential.
Demonstrating measurable impact, such as substantial client savings and workflow improvements, which strengthens its value proposition.
Receiving industry recognition and investment, which signals credibility and growth potential to investors and partners.
ConsInt stands out as an innovative health tech company leveraging advanced AI to address critical pain points in healthcare insurance and claims management. Its robust SaaS-based business model, focus on measurable outcomes, and strategic growth initiatives make it a compelling player for investors, researchers, and industry professionals seeking insight into the future of healthcare technology.
$1Million
2
$583.0K, Seed
as of January 6, 2025
$3.41Million
as of N/A
0.5
as of N/A
Equanimity Investments
and 2 more44
Care.fi
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Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
January 6, 2025 | Seed | $583.0K | - | - | Equanimity Investments, Seafund | |
July 5, 2024 | Seed | $420.0K | $3.4Million | - | Equanimity Investments, Venture Garage |