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Arintra secures $21m Series A funding led by Peak XV for AI medical coding
Arintra secures $21m Series A funding led by Peak XV for AI medical coding

Business Standard

time3 days ago

  • Business
  • Business Standard

Arintra secures $21m Series A funding led by Peak XV for AI medical coding

Arintra, a GenAI-powered medical coding platform for healthcare providers, has raised $21 million in Series A funding led by Peak XV Partners, with Endeavor Health Ventures, Y Combinator, and others participating. The funds will support nationwide adoption, accelerate product development, expand the team, and establish a Bay Area headquarters to meet growing demand. 'Reimbursement in healthcare is fundamentally broken. Payers are moving fast, using policy and technology to shift more burden onto providers, but autonomous coding hasn't kept up,' said Nitesh Shroff, Co-founder and Chief Executive Officer, Arintra. 'We built Arintra to help healthcare providers secure compliant revenue at scale while easing the burden on frontline teams.' Tight margins and rising complexity The company said healthcare organisations face tighter margins, coder shortages, and complex payer demands. New policies have further strained reimbursements, driving demand for proactive automation to help providers navigate an increasingly challenging environment. Arintra said it delivers revenue assurance through a proactive, outcomes-driven approach, ensuring health systems receive accurate, efficient reimbursement. 'At Arintra, we bring together autonomous medical coding, clinical documentation improvement, and denial prevention in a single platform,' said Preeti Bhargava, Co-founder and Chief Technical Officer, Arintra. 'By helping providers document what was done, code what was documented, and properly support what was charged, we enable them to secure full, compliant reimbursement at a lower cost, with fewer delays and significantly less manual effort.' Client results and ROI Arintra also helped Reid Health improve accounts receivable speed and coding accuracy. 'We chose Arintra because it integrates deeply with Epic and changed how we code without disrupting our workflows. We went from billing delays and high denials to faster A/R and fully automated charge capture. It is one of the few AI tools that delivers hard ROI, fast,' said Muhammad Siddiqui, Chief Information Officer at Reid Health. Mohit Bhatnagar, Managing Director, Peak XV Partners, said: 'The disruption of the $150 billion healthcare reimbursements industry will be one of AI's defining impacts. Arintra's autonomous system tackles one of the hardest challenges for providers: translating clinical documentation into accurate insurance codes so they get paid fairly and fast. After backing Nitesh and Preeti at seed through our Surge programme, Peak XV Partners is excited to double down and lead Arintra's Series A round.' Arintra's GenAI platform combines large language models and clinical knowledge graphs to apply specialty-specific coding with precision. The fully explainable, auditable codes integrate with electronic health records such as Epic and Athena, operating seamlessly within existing clinical workflows.

2 local elementary schools to close after this school year
2 local elementary schools to close after this school year

Yahoo

time24-04-2025

  • Business
  • Yahoo

2 local elementary schools to close after this school year

Two local elementary schools will close their doors for good. [DOWNLOAD: Free WHIO-TV News app for alerts as news breaks] We will tell you why the decision was made LIVE on News Center 7 Daybreak from 4:25 a.m. until 7 a.m. TRENDING STORIES: Active police presence reported at Reid Health in Richmond NFL Hall of Famer dies at 67 after ALS battle A Popeyes suddenly closed, now we know why West Carrollton City Schools announced on Wednesday that Harold Schnell and Harry Russell Elementary Schools will close their doors at the end of the school year, according to a social media post. The school district said it will open its brand-new elementary school next fall. The new building will host second through fourth-grade students. The district will also host an open house event at both elementary schools. We will update this story. [SIGN UP: WHIO-TV Daily Headlines Newsletter]

Active police presence reported at Reid Health in Richmond
Active police presence reported at Reid Health in Richmond

Yahoo

time24-04-2025

  • Health
  • Yahoo

Active police presence reported at Reid Health in Richmond

There is a large police presence reported at Reid Health Hospital in Richmond, Indiana. [DOWNLOAD: Free WHIO-TV News app for alerts as news breaks] A Reid Health supervisor confirmed to News Center 7 over the phone that the hospital is on lockdown due to some threat. TRENDING STORIES: 2 local elementary schools to close at the end of the year; here's why NFL Hall of Famer dies at 67 after ALS battle A Popeyes suddenly closed, now we know why Several Richmond Police officers are on the scene investigating, according to a Richmond Police dispatcher. No other information is available. We will update this developing story. [SIGN UP: WHIO-TV Daily Headlines Newsletter]

Richmond, IN, house fire, possible explosion injures 5, including 2 juveniles
Richmond, IN, house fire, possible explosion injures 5, including 2 juveniles

Yahoo

time17-04-2025

  • Yahoo

Richmond, IN, house fire, possible explosion injures 5, including 2 juveniles

RICHMOND, Ind. — Five people were injured, including two juveniles, in a Thursday morning explosion and structure fire. Just before 9 a.m., Richmond police and fire departments and Reid Health EMS were dispatched to two homes at 126 and 128 Randolph St. Upon arriving, first responders observed a house on fire, which RFD was successful in putting out. Two of the victims, identified as 51-year-old Forrest Tevis IV and 24-year-old Autumn Reed, were taken initially to Reid Health before being airlifted to Eskenazi Health in Indianapolis for care in a specialized burn unit. As of publication, they remain in life-threatening condition, according to RPD. The two unnamed juveniles were evaluated on scene for possible smoke inhalation, but no more information was released about their conditions. The fifth victim, a Good Samaritan who assisted the victims before the arrival of first responders, was treated on the scene and released. The Indiana state fire marshal's office is investigating the cause of the explosion and fire. Assistant Chief of Police Adam Blanton said in a release, "This was a dangerous and fast-moving situation, and I'm incredibly proud of the swift, courageous actions of our officers, firefighters and medics. Thanks to their efforts, lives were saved today." Blanton told the Pal-Item both homes took significant damage. Other assisting agencies included the Wayne County sheriff's office, the Indiana Region of the American Red Cross, Richmond Power and Light and CenterPoint Energy. Evan Weaver is a news and sports reporter at The Palladium-Item. Contact him on X (@evan_weaver7) or email at eweaver@ This article originally appeared on Richmond Palladium-Item: 5 people, including 2 juveniles, injured in house fire, possible explosion

Woman accused of stabbing someone during fight arrested
Woman accused of stabbing someone during fight arrested

Yahoo

time19-02-2025

  • Yahoo

Woman accused of stabbing someone during fight arrested

A 26-year-old woman accused of stabbing someone during a fight is behind bars, according to a spokesperson from the Richmond Police Department. [DOWNLOAD: Free WHIO-TV News app for alerts as news breaks] Richmond police responded to reports of a stabbing in the 1100 block of NW 6th Street just before 2 a.m. on Tuesday. TRENDING STORIES: 'I'm lost;' Man, woman react to losing homes in Dayton apartment collapse Nearly 630,000-pound 'superload' to cause area road closure Wednesday Ohio accents: Do they really exist? Upon arrival, police medics found a male with a stab wound on his back from an 'altercation.' Medics took the victim to Reid Health. He is currently in stable condition, according to the spokesperson. Police identified the suspect as Allison Junkin, 26, of Richmond. She left the scene in a car before officers arrived. The spokesperson said police found Junkin and pulled her over without incident. Junkin was arrested on a battery with a deadly weapon charge. She is currently booked in the Wayne County Jail. This stabbing remains under investigation. Anyone with information is asked to contact the Richmond Police Department at (765) 983-7247. [SIGN UP: WHIO-TV Daily Headlines Newsletter]

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