Skip to content
← Portfolio

PrecisionGX

Acquiredby Trend Health Partners ยท October 2023

Claims-native AI for health insurer payment integrity

  • Health Tech
  • Insurance
  • Healthcare Services
  • Analytics
formerly precision-gx.com

About

PrecisionGx built claims intelligence for health insurers and other healthcare payers. Its AI and machine learning engine, Astria, reviewed healthcare claims before and after payment to find overpaid, incorrect or fraudulent payments across coordination of benefits, coding, duplicates and other payment issues, drawing on billions of data points from live and AI audits, and automated the recovery work that payment integrity teams otherwise did by hand.

Kasey Sousa and Andrew Mongeluzzi founded PrecisionGx in Philadelphia in 2015. TREND Health Partners acquired it in 2023 to add AI-driven payment accuracy to its credit balance and payment integrity business.

Array invested in PrecisionGx's Series A in June 2022, led by FCA Venture Partners.

Record

Stage
Series A
Category
Health Tech
Location
Philadelphia, Pennsylvania
Team
11-50
Array came in at
Series A, 2022

Founders

  • Kasey Sousa

    Co-Founder & Chief Executive Officer

    Previously co-founded TrueClaim and Hatua International; studied law at Penn and is now head of AI at TREND Health Partners.

  • Andrew Mongeluzzi

    Co-Founder & Chief Strategy Officer

    Co-founded PrecisionGx and served as its chief strategy officer for eight years through its acquisition.