Tivara recently launched!

Launch YC: Tivara 🏥💰 — Automating insurance approval workflows for doctors

"See patients faster by automating your prior authorization requests."


Founded by
Tej Seelamsetty & Aumesh Misra - great friends from college who:

Tej – Ran growth (10x-ed revenue) at Fair Square (W20) and was an AC at Bain. Paid for college by flipping houses. Studied CS at WashU.

Aumesh – Ex-Microsoft and was the 8th engineer at Compound (S19). Built medical imaging software used by Stanford. Also studied CS at WashU.

Tivara’s mission is to help doctors deliver care to patients faster. They’re starting by using LLMs to automate submitting prior authorization requests (and getting their approval) on behalf of providers.

Animated GIF

What is Prior Authorization, and Why Should you Care?

Prior authorization is a process by which physicians must justify their treatment plan of a patient to that patient’s health insurance carrier as “medically necessary.”

Right now, medical groups employ a team (1 employee focused on prior authorizations per 1-5 physicians) to handle this process with insurance carriers manually. These teams are frequently operating over capacity; some of the practices are so backlogged that a request isn’t even submitted until up to a week after a doctor’s order is placed.

Figure 1: 94% of Physicians Report Delayed Patient Care due to Prior Authorization (Source: American Medical Association Survey of 1,000 Doctors.

Image Credits: Tivara

As you can imagine, insurance carriers are incentivized to delay and/or deny approval as much as they can. Some carriers are so egregious that they’re incurring fines in the tens of millions for morbidly delaying the care of sick patients. A patient who is exhibiting signs of colon cancer definitely shouldn’t have to wait months (or even days) for a colonoscopy.

At the end of the day, Tivara does two things:

  1. Help doctors deliver care faster
  2. Make doctors more money (reduce OpEx)
Image Credits: Tivara

Learn More

🌐 Visit www.tivara.com to learn more

🤝 Are your parents, siblings, or extended family members doctors who run their own practice? You can help
Tivara with an introduction! Please shoot a note via email.

👣
Follow Tivara on LinkedIn

Posted 
October 11, 2024
 in 
Launch
 category
← Back to all posts  

Join Our Newsletter and Get the Latest
Posts to Your Inbox

No spam ever. Read our Privacy Policy
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.