Linnaea PER
Slow medical claims processing and waste, fraud and abuse are global problems costing the healthcare sector over 1 Trillion USD globally. Our suite of AI products automate the claims processing for both handwritten medical claims and prescriptions and electronic ones to speed up the cash conversion cycle for the medical providers whilst flagging and preventing waste fraud and abuse for the insurers to cap unnecessary spikes in utilization rates and ensuing higher premiums charged by private insurers or restricting coverage for national insurers so our suite of products solve the still global problem of slow claims processing and waste, fraud and abuse using cutting edge proprietary AI models
Artificial Intelligence And Digital Services
Artificial intelligence
operating already with Allianz, Bupa and cleopatra
operations are based in Cairo and the products are hosted on the cloud, our servers and the clients servers globally as required
Our OCR product digitizing handwritten claims and prescriptions using computer vision is the first of its kind able to do across the most illegible of handwriting and including multiple languages within the same claim such as Arabic and English. Our competition for that product is manual data entry which puts us in a unique and strong position and have made insurance and medical providers provide real medical data for us to train our models on for the full claims automation cycle for electronic claims and fraud and abuse prevention whilst generating strong cash flows from the OCR product as in Africa, Middle East, Latin America and parts of Europe, handwritten claims are the majority and we charge per digitized claims so we are generating significant cash flow digitizing hundred of millions of claims annually and providing unparalleled medical data for our claims processing automation for electronic claims as well as fraud and abuse detection and given that we are a multi product company, should the countries where handwritten claims are still prevalent switch to E-claims then we will not be affected as we will have the claims processing and fraud and abuse. We are already onboarded by Bupa, Allianz and the leading medical provider in Africa and the ME when it is super challenging for leading insurance and medical providers to onboard tech startups, we have been onboarded.
Nvidia official tech partners on Nvidia website included in above point, short listed for AWS AI generative global accelerator with USD 1 million prize
we are filing for our IP with Moeller IP, a leading IP provider for our OCR product which combines English and Arabic handwriting in the same claim. we are also partnering with Nvidia to digitize the medical archives of the UAE and Saudi Arabia
