Caresyntax Announces Strategic Collaboration With AAICO to Expand AI-Based Solutions in Healthcare

Caresyntax has  entered into a strategic collaboration with The Applied AI Company (AAICO), a leading AI technology company, to distribute novel software and artificial intelligence solutions throughout the UAE, USA, and Europe.

With this strategic engagement, the companies will combine their healthcare datasets and delivery resources to offer bundled software and services solutions to healthcare companies and insurance companies in these markets. Proprietary data and software from both platforms will be used to create novel AI-based applications to improve the entire surgical continuum, including medical billing, patient pathway management, and revenue assurance. The collaboration will leverage a secure infrastructure that is compliant with data privacy, information security, and regulatory concerns across the geographies.

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As a priority, the collaboration will focus on healthcare insurers and payers in select European and Middle Eastern markets, with the goal of increasing the overall value of healthcare by enhancing transparency, decreasing administrative burden for clinicians and their healthcare teams, and ultimately, improving outcomes for patients.

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Bjoern von Siemens, co-Founder and CFO Caresyntax: “Our collaboration with AAICO will help bring data-driven healthcare solutions to the next level. Together, we will expand and enhance the decision-making precision of both platforms, providing actionable insights to surgeons, care teams and administrators throughout the surgical continuum, to make surgery safer and more effective.”

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Arya H. Bolurfrushan, Founder and CEO, AAICO: “We are looking forward to working closely with Caresyntax. By applying machine learning solutions to our combined datasets and resources, we will create significant, measurable business results for our existing and new customers. Most of all, we will begin to improve quality of care for patients.”

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