Willow recently launched!

Launch YC: Willow: AI-powered revenue cycle management for long-term care
"Maximize Your Medicare and Medicaid Reimbursement with AI"

Tl;dr: Willow is an AI-powered revenue cycle management software. Starting with the intake and coding process for skilled nursing facilities, we maximize reimbursement by converting complex clinical paperwork into accurate diagnoses and ICD codes.
Know leadership at a skilled nursing facility? The Willow founders would love to talk to them.

Founded by Allan Guo, Ian Ye, Steven Zhou & Lawrence Liu

💪 The Team

Allan (Stanford CS), Ian (Stanford CS/AI), Steven (Yale CS + Statistics), and Lawrence (Stanford CS) met while playing video games. They came together through a shared experience of volunteering for long-term care facilities and their passion for the industry.

The Willow team brings AI expertise from leading research labs at Stanford Medical and Yale Law.

❌ The Problem

Skilled nursing and long-term care providers perform society’s most essential work: caring for our most vulnerable individuals. Over $490 billion is spent annually on long-term care in the US, and it’s only growing as 11,000 Americans turn 65 daily. Unfortunately, getting paid in long-term care is hard.

Current systems in skilled nursing facilities rely on manual data entry and coding, which leads to underpayments, claim denials, and delayed reimbursements. Additionally, Medicare and other insurers' billing requirements are constantly changing and complex. These inefficiencies threaten the financial sustainability of many facilities and impact the quality of care provided to vulnerable individuals.

⚙️ The Solution

Willow currently focuses on one of the most tedious and high-impact areas for maximizing reimbursement in the revenue cycle: post-acute coding. It's AI automates the translation of complex clinical documentation into accurate diagnoses and billing codes. This reduces errors and ensures facilities capture all eligible reimbursements. Willow is expanding this technology to cover and increase accuracy for the entire billing process.

Image Credits: Willow

Learn More

🌐 Visit seewillow.com to learn more.
🤝 Willow is looking to connect with professionals in skilled nursing facilities who could benefit from their product.
📧 If you know any leadership at facilities, such as administrators and directors, corporate leadership, certified professional coders, or certified professional billers, please connect them with the founders*:

📋 *quick blurb to copy & paste: A team of Stanford and Yale students and researchers are helping skilled nursing facilities maximize Medicare reimbursements and reduce administrative burden with AI. Check them out and contact the founders via email for more.

👣 Follow Willow on
LinkedInX.

Posted 
October 11, 2024
 in 
Launch
 category
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