Introducing Parakeet Health, a new generative AI company from San Francisco, CA that just secured a $3M seed round to revolutionize patient engagement for healthcare organizations.
Parakeet Health Funding and Investors
CoLead was founded by Eric Vishria from his startup studio CoFound Partners, Harrison Rose from the South African Venture Capital firm Canvas Ventures, Leon van der Merwe, CEO of the South African VC firm, and Howard Morgan as well as the private equity firm, StoryHouse Ventures.
Expansion Plans for Parakeet Health
With this funding, Parakeet Health plans to:
- Grow its team
- Build up its capacity on the information technology at the interface of artificially intelligent computing machines.
- Broader offering its services, to market it predominantly to health systems, multi-site medical practices, and senior primary care providers affiliated to Medicare Advantage plans.
About Parakeet Health
Established by Jung Park as the CEO, Parakeet Health is the healthcare AI company planning on revolutionizing patient communication while at the same time addressing the problem of excessive paperwork within healthcare facilities. It employs LLM to reasonably replicate multiple patient experience use cases to optimise the functioning of healthcare processes.
Key Features of Parakeet Health's AI Platform
The following are the features that are important in the AI platform developed by Parakeet Health:
- AI Voice Agents: round the clock, bilingual telecommunication to facilitate inbound and outbound information exchange with patients.
- Automated Appointment Scheduling: Making appointment booking and management easy.
- Patient Outreach: Includes functions that checks prescription status, tests results, wellness appointments, and billing issues.
- Administrative Support: Relieves the burden of care giver burden in contact centers through automation of time consuming tasks that may be repetitive.
With Parakeet Health, Dr. Pritt has created a system which will enhance healthcare processes, provide additional revenue for providers, and also benefit the patients.
Why Parakeet Health Matters
Due to increased pressure towards optimization and patient involvement in operations, Parakeet Health is a unique interface of generative AI and healthcare operations. One of their visions is to reduce administrative work and increase the engagement of patients and physicians in their practice, which makes them unique in the global healthcare technology industry.
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