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Six months after raising $29M, Candid Health nabs another $52.5M to ease medical billing | TechCrunch

With over 1,000 insurance companies in the U.S., figuring out how to get paid by each company is a complex challenge for doctors and hospitals. Each insurance may require slightly different information on medical claims, even for the same procedure. Incorrectly filed claims can lead to denied coverage, requiring manual resubmission and delayed payments. According to Nick Perry, co-founder and CEO of Candid Health, most medical claim denials result from legacy billing system providers struggling ...

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