How do America’s health insurers resolve claims more efficiently and accurately in a system that is notorious for bureaucracy and sharp practice? Technology start-up CoverSelf, which is today announcing a $3.4 million extension of its seed financing round, believes its software platform could be the answer.
CoverSelf, founded in 2021 by two health sector veterans, Rajasekhar Maddireddy and Raghavendra Pawar, is targeting payers in the US system – the insurance companies that pay hospitals and other care providers on behalf of the patients they have treated. Currently, those insurers outsource their claims and payments processing work to third-party providers. But, argue Maddireddy and Pawar, these vendors have