Startup Remedy aims to resolve medical billing mistakes

A startup called Remedy helps get money back for patients who received incorrect medical bills, reports Gant Daily.

Here are five things to know about the company.

1. Remedy opens up to the public Thursday.

2. The company's customers may select their insurance provider (or indicate if they are uninsured) and give Remedy permission to access their accounts, according to the article. Remedy then examines customers' medical, dental and vision bills.

3. According to the report, Remedy requests itemized bills on behalf of patients and finds mistakes using both automation technology and human medical experts.

4. The company works directly with physicians, and generally resolves billing cases in time periods ranging from 12 hours to two months, reports Gant Daily.

5. If customers receive reimbursement, Remedy will keep 20 percent of what it recovers (with a limit of $99 on any particular bill), the report states.

 

 

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