Medsender, an AI-based workflow automation platform for healthcare providers, announced a recent $5 million Series A investment led by Ballast Point Ventures. And Medsender will use the funding to bolster its commercial team, accelerate its technology pipeline development, and drive industry-leading performance for its clients.
Medsender is used thousands of healthcare providers use across all fifty states to reduce administrative burdens. And Medsender’s platform utilizes artificial intelligence to process and synchronize data from unstructured sources like fax, email, and phone, automating administrative workflows and patient communications. This platform streamlines operations by automating complex tasks like processing referrals, scheduling, and managing patient requests, enabling healthcare providers to focus on delivering quality care.
Companies utilizing Medsender have been able to achieve same-day referral processing and an increase in patients scheduled. And when used in connection with MAIRA, Medsender’s human-like AI phone agent, call handling could be reduced by up to 80%. Medsender offers a robust API and an intuitive web interface, complete with seamless pre-built integrations for a growing list of dozens of EMR/EHRs and healthcare applications.
KEY QUOTES:
“At Medsender, we’re committed to turning healthcare operations into a strategic advantage rather than a daily challenge. Our platform empowers clinics to automate critical tasks like fax and document management, referral workflows, and patient interactions freeing providers to focus on delivering exceptional care. We’re proud to build the automation platform that healthcare providers across the country trust to streamline their operations and transform their practices.”
– Zain Qayyum, Founder and Co-CEO of Medsender
“We are experiencing enormous demand for automation across the entire healthcare ecosystem, and partnering with Ballast Point Ventures will enable us to accelerate our expansion to meet the growing and evolving needs of the market. Their expertise and support will be invaluable as we expand Medsender’s reach to empower even more healthcare organizations with innovative solutions.”
– Salman Haque, Co-CEO of Medsender
“As BPV has gotten to know Zain, Salman, and the Medsender team, we have been very impressed with the growth and success that Medsender has achieved in a capital-efficient manner. Medsender’s innovative platform is addressing one of the most critical challenges in healthcare – administrative inefficiencies – and is doing so in a way that enhances both patient care and operational productivity.”
– Ballast Point Ventures’ Partner Matt Rice – who will join the Medsender Board of Directors
“We are incredibly excited to partner with Medsender as they improve healthcare communication through their unique and transformative platform. Zain and Salman embody the qualities of entrepreneurs we love to work with – visionary leaders with a deep understanding of the healthcare space and a relentless drive to solve meaningful challenges.”
– Jerett Smith of Ballast, who will serve as a Board Observer at Medsender
