24ELEVEN HEALTHCARE SERVICES PRIVATE LIMITED

In their own words

Business Description: 24Eleven Healthcare Services is a technology-driven healthcare fintech startup that streamlines government insurance claims management, reconciliation, and financing for hospitals and healthcare providers. Problem Statement: Hospitals face significant challenges in managing government insurance claims, including: 1. Extended settlement timelines leading to delayed reimbursements 2. Payment shortfalls and discrepancies impacting operational cash flow 3. Complex reconciliation processes between claimed and sanctioned amounts 4. Administrative inefficiencies in claims processing and tracking 5. Limited access to working capital against pending receivables Our Solution: Our proprietary technology platform enables hospitals to: 1. Digitize and automate the end-to-end claims management process 2. Efficiently reconcile claims with payments received, identifying discrepancies and shortfalls 3. Track and manage rejections, deductions, and pending claims in real-time 4. Significantly reduce time to settlement for government insurance claims 5. Minimize payment shortfalls through accurate claim submissions, reconciliation, and follow-ups 6. Access short-term financing against verified receivables from government insurance schemes Impact & Vision: By improving financial efficiency, transparency, and liquidity for healthcare providers, we enable hospitals to focus on their core mission—delivering quality patient care to beneficiaries of government health insurance schemes including Ayushman Bharat, state health schemes, and other public insurance programs. Our platform bridges the gap between healthcare delivery and timely reimbursements, strengthening India's public healthcare ecosystem.

Written by the company on its public Startup India profile. Not verified by us.