Riyadh, Saudi Arabia (16.05.2021) – KLAIM, an innovative healthtech-fintech startup dedicated to simplifying medical billing and claims processes, announced today a partnership with ANOVA Health to help hospitals, clinics, pharmacies, and laboratories transform their billing operations in accordance with the Kingdom of Saudi Arabia’s Council of Cooperative Health Insurance (CCHI) new guidelines. The strategic partnership is designed to accelerate the adoption and healthtech integration with the ambitious transformational National Platform for Health Insurance Exchange Services (Nphies) at both government and private healthcare facilities.
KLAIM supports healthcare providers simplify medical billing processes, streamline their revenue cycle, and improve cash flow with its innovative combination of a technology platform KLAIM.AI and claims purchase vehicle KLAIM CAPITAL both powered by artificial intelligence (AI) and big data. As a strategic partner, ANOVA Health, the first fully accredited RCM company in the Kingdom will support the development and deployment of KLAIM platforms to both government and private healthcare institutions across the country.
“Medical claim processing is very complex and implementing new health technologies combined with updated policies and procedures can be overwhelming,” said Karim Dakki, Co-Founder and CEO of KLAIM. “ANOVA brings hands-on expertise in medical billing in the Kingdom and a strong network of partners. Together, we’re focused on helping the nation’s healthcare heroes focus on what they do best – protecting and improving lives while being compliant with the new CCHI guidelines.”
KLAIM and ANOVA are currently supporting the integration of one of the Kingdom’s largest hospital groups as part of the first Nphies onboarding wave. ANOVA is the first fully accredited, licensed RCM company in Saudi Arabia and it is encouraging the country to transform its healthcare claims process, an important step towards enhancing the country’s healthcare industry.
“We look forward to working closely with KLAIM to support technology transformation of the healthcare industry throughout the Kingdom of Saudi Arabia,” said Hamad Al Huzaimi, CEO, ANOVA Health. “Simplifying claims and billing processes is just the first of many innovative healthcare technologies that once implemented, can help providers improve patient care and reduce costs.”
KLAIM is a UAE-based claim financing and medical claim management SaaS platform that helps healthcare providers to minimize revenue loss and predict cash flows by streamlining the painful and outdated medical billing processes. The company recently graduated from the prestigious accelerator Techstars Hub 71 program
About ANOVA Health
ANOVA Health is the first fully licensed Revenue Cycle Management provider in the Kingdom and is actively supporting healthcare providers in establishing a professional RCM structure and to guide revenue cycle operations mastership, improving reimbursement to the maximum possible percentage and achieving progressively increasing profit margins.