What does Sohar Health do?
Sohar Health is an AI-driven provider focusing on eligibility determination and verification of benefits. The company leverages its flagship Verification product to connect patients with the in-network care they need while helping healthcare providers increase revenue capture. It currently supports behavioral health providers, primary care organizations, and telehealth platforms.
How much did they raise?
The company raised $3.8M in seed funding, with the round led by Kindred Capital and participation from Y Combinator, Rebel Fund, and Concept Ventures.
What are their plans for the money?
Sohar Health plans to use the funds to accelerate the growth of its AI-first approach to eligibility and benefits verification. This could enhance the ability of healthcare providers to deliver connected care efficiently and boost revenue capture.
What have they achieved so far?
The company has successfully developed its flagship Verification product, which is already supporting multiple sectors including behavioral health, primary care, and telehealth, ensuring patients are connected with the care they need.