YC-Backed Taxo Raises $5M to Revolutionize Healthcare Admin with AI Reasoning Engine

AI startup Taxo raises $5M to streamline healthcare admin with a transparent reasoning engine.
Matilda
YC-Backed Taxo Raises $5M to Revolutionize Healthcare Admin with AI Reasoning Engine
When British doctor Ahmed Kerwan began working as a physician, the paperwork burden shocked him. On some days, he would spend only three hours actually caring for patients, with the rest of his workday spent on things like dealing with insurance claims.  Image:Taxo There are already dozens, perhaps hundreds, of startups using AI to reduce the notoriously complex admin burden in healthcare. From note-taking specialists like Abridge to AI assistants startup Ambience, these startups are racing to streamline efficiencies. Kerwan, now an entrepreneur, is the founder and CEO of one such company, called Taxo. His startup offers an app that doctors and others use for tasks like getting prior authorizations from insurers, patient intake, and medical billing.  What sets Taxo apart, Kerwan says, is its AI “reasoning engine,” which transparently explains the process behind its decisions to users, helping it build trust with doctors. Reasoning models went mainstream in the AI world late last year by …