The company’s AI-powered virtual agents are designed to speed up revenue cycle management. The startup was founded in 2021 and emerged from stealth mode last year, according to a June 21 Outbound AI news release.
Madrona Venture Group and SpringRock Ventures co-led the financing round.
“We’ve developed AI-powered virtual agents capable of performing many different administrative tasks, and our software consoles provide customers with complete transparency, visibility and control,” Outbound AI CEO Stead Burwell said in the release. “We started in revenue cycle, but our Conversation AI Cloud is poised to support healthcare knowledge workers across a variety of functional areas, settings and specialties.”
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
