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Mehrdad Shafaie

Founder, CoreCare 


Join Date

October 2024

Gender

Not Specified

Age

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About Mehrdad Shafaie

I get excited about solving really hard problems in payments and money movement.

Companies & Work

CoreCare

CoreCare

Getting paid in healthcare is hard. Healthcare providers contract with numerous payors, all of which have their own systems and processes for authorizing payment. Worse, payor systems don't communicate with provider EMRs, so providers are forced to do a lot of manual work between them to get paid. This results in providers spending $300 Billion a year to get paid, and ultimately collect less money than what they are owed.

CoreCare aggregates administrative patient data from all systems providers work with (EHR, Gov, Payer), standardizes it in our Enterprise Data Warehouse and creates a single net view of administrative patient data for the provider. Then we add workflow automations (according to client specifications) to eliminate the manual work providers are forced to do to get paid.

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