Adageis

Investment Considerations
  • Adageis operates in the rapidly expanding AI-driven healthcare financial technology market, projected by Fortune Business Insights to reach $490.96 billion by 2032.
  • The company’s fintech AI platform provides seamless integration with existing EMR and billing systems, reducing adoption barriers for healthcare providers.
  • Partnerships with prominent organizations, such as HealthyU Clinics, and its status as an AthenaHealth marketplace partner, demonstrate Adageis’ growing influence in the healthcare sector.
  • The company’s AI-driven predictive analytics and automation tools enhance revenue cycle management, improving reimbursement accuracy while reducing administrative burden.
  • Adageis has established a strong foothold in the healthcare fintech space, currently supporting over 150,000 patient lives and 70 providers across two states.
  • With a patented AI-powered solution, the company is poised for significant growth, targeting 580,000 patient lives by Q2 2025.
  • Adageis is exploring a factoring-based service model to enable medical receivables financing by leveraging AI.

Adageis is a healthcare technology company committed to revolutionizing patient care through its patented fintech AI platform, which is designed to optimize revenue cycle management for healthcare providers. Leveraging artificial intelligence and automation, the company streamlines healthcare operations by simplifying complex insurance contracts, helping medical practices maximize revenue while maintaining high-quality patient care.

With a commitment to innovation and practical solutions, Adageis empowers clinics, healthcare centers, and care networks to implement its AI-driven revenue optimization platform without the need for expensive infrastructure changes or extensive staff training. This approach reduces barriers to adoption and helps healthcare organizations recover lost revenue, reduce administrative burden, and streamline financial operations.

Recent collaborations, including its partnership with HealthyU Clinics and integration with AthenaHealth as a marketplace partner, underscore Adageis’ industry relevance and adaptability.

Adageis is headquartered in Phoenix, Arizona.

Services

Adageis offers a fintech AI platform designed to integrate seamlessly with existing Electronic Medical Records (EMR) and healthcare billing systems.

This platform enables healthcare providers to maximize reimbursements and optimize revenue by leveraging AI-driven automation. Key features include:

  • Patented Risk Engine (PRE): AI-powered technology that deciphers complex insurance agreements to identify optimal reimbursement opportunities for healthcare providers.
  • AI Scribe with Ambient Listening Technology: Automates documentation and generates high-quality coding, reducing administrative burden for providers.
  • Automated Claims Optimization: Reduces manual work and enhances billing efficiency to drive higher revenue to practices and medical groups, while also accelerating payment cycles.
  • Predictive Revenue Intelligence: Uses machine learning to forecast revenue trends, detect underpayments, and prevent financial losses.
  • Flexible Integration: Compatible with various EMR systems, including AthenaHealth, Cerner, eClinicalWorks, Allscripts, and Epic, facilitating easy adoption without extensive staff training or platform changes.

Market Opportunity

The global AI in healthcare market is experiencing rapid growth, driven by the increasing demand for enhanced efficiency, accuracy, and better financial outcomes. In 2023, the market was valued at approximately $19.27 billion by Grand View Research, and it is projected to grow at a compound annual growth rate of 38.5% from 2024 to 2030.

This growth is fueled by the increasing need for solutions that can analyze large datasets, automate financial processes, and improve reimbursement accuracy across the healthcare continuum. As insurance contracts and billing regulations become increasingly complex, healthcare providers require AI-driven tools that simplify financial operations while ensuring optimal revenue capture.

Adageis is well-positioned to capitalize on these trends. Its fintech AI platform offers intelligent contract analysis, predictive analytics, automated claims processing, and medical receivables financing to enhance financial performance for healthcare providers. By providing seamless integration with existing EMR and billing systems, Adageis enables healthcare organizations to maximize financial performance while focusing on patient care.

Leadership Team

Shane Speirs, MD, MBA serves as the company’s CEO. He is a board-certified physician in family and geriatric medicine with extensive experience in healthcare leadership, data modeling, and AI applications in healthcare delivery. He holds an MBA in Healthcare Management from the W.P. Carey School of Business and has a proven track record in managing telehealth and AI-focused healthcare companies.

Bill Jentarra, MBA is the CTO of Adageis, bringing over 25 years of experience in architecting and implementing complex client relationship management (CRM) and business intelligence (BI) solutions across various industries, including healthcare. His expertise encompasses the entire lifecycle of CRM and BI projects, ensuring practical and cost-effective technology applications to solve complex business problems.

Trase Barney is the COO of Adageis, is an enthusiastic leader with an extensive background in growing and operating national healthcare organizations. Since earning his business degree from Arizona State University, he has championed the growth and development of over 250 urgent care, ophthalmology, and autism care clinics nationwide. He specializes in maintaining budgets, timelines, and cost-saving initiatives and is known for implementing effective growth strategies and scalable processes. Other professionals in the business and healthcare industries have recognized him for leveraging his expertise in healthcare management, business solutions, and national growth to increase revenue and operational efficiencies for various organizations.

Company News & Data

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