Cybexys, Inc.

📍 Miami, United States🗓 Founded 2017👥 6 employees💰 Last funded Aug 2024
CYBEXYS’s expert system CARAT™ uses Artificial Intelligence to capture the most accurate diagnostic codes supported by the provider’s clinical documentation, to factor the Risk Score that determines the amount the Federal and State governments pay Medicare Advantage plans, MSOs. ACOs and Medicaid plans; as well as the Risk Adjustment applied to health plans participating in the ACA Marketplace. Systemic poor documentation and coding by providers cause erroneous Risk Scores resulting in underpayment and misallocation of funds of tens of Billions of dollars per year. CARAT prevents these losses by showing the documentation and coding omissions in real-time concurrent with each provider-patient encounter allowing providers and health plans to correct the errors prospectively. CARAT also automates retrospective reviews reducing the need for costly manual labor incurred by health plans, ACOs, MCOs and providers.
1
Total investors
0
Early stage
0
Mid stage
1
Late stage
2017
Founded
Investor geography1 country
United States
1
Frequently asked questions
Who invested in Cybexys, Inc.?
Cybexys, Inc. has 1 investors on record on gritt.io and 1 late-stage investors.
When did Cybexys, Inc. last raise funding?
The most recent investment in Cybexys, Inc. recorded on gritt.io was in August 2024.
When was Cybexys, Inc. founded?
Cybexys, Inc. was founded in 2017.
What industry is Cybexys, Inc. in?
Cybexys, Inc. operates in Hospitals and Health Care. Find similar Hospitals and Health Care investors on gritt.io.
Where is Cybexys, Inc. based?
Cybexys, Inc. is headquartered in Miami, United States.