Otto: Cedar infers patient job class and demographics for billing outreach
Florian Otto · Why 50% of Every Dollar Billed Is Lost In Healthcare · Jul 14, 2023 · at 5:10
Florian Otto is the co-founder and CEO of Cedar, a healthcare fintech startup. He explains how Cedar uses patient data inputs to formulate personalized billing strategies.
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“And then we know, what is the insurance plan? That's also another data point. So that infers, is it a blue color, is it a white color plan? Then, of course, we know what is the demographics of that, of a certain invention, because we have date of birth, right? And then we have past payment histories or past engagement histories, so we know whether they defaulted already on certain invoices or not. And together with that, you can come up with basically a hypothesis on what is the best outreach.”
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