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CrossChx

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CrossChx[edit]

Type: Private
Industry: Healthcare Technology
Founded: Columbus, OH (2012)
Founders: Sean Lane[1], Brad Mascho[2]
Key People: Sean Lane (CEO), Bubba Fox (COO), Rebecca Hellmann(CMO)[3] , Liz Maag (General Counsel)[4]

Overview[edit]

CrossChx is a healthcare technology startup company that provides artificial intelligence as a service (AIaaS) to hospitals and other healthcare organizations. The company was founded in 2012 and is headquartered in downtown Columbus, Ohio.

History[edit]

CrossChx was founded in by Sean Lane and Brad Mascho to address the issue of creating an identity layer for healthcare. By 2017, they raised over $40 Million through multiple rounds of funding. CrossChx has produced five different products designed to combat various pain points within healthcare.

Sean and Brad met at Miami University, where they were both in the Air Force ROTC program. Several years later, they reconnected and decided to start a company to address the issue of medical identity theft in healthcare. The two spent the beginning of 2012 sharing time between Baltimore and Ohio, and officially founded CrossChx in Columbus with support from the State of Ohio and Holzer Health System on June 5th, 2012.

Since 2012, CrossChx has raised 3 rounds of funding:

Series A: Drive Capital, April 2013

Series B[5]: Khosla Ventures, Drive Capital, April 2015

Series C[6]: Silicon Valley Bank, Drive Capital, NCT Ventures, Moonshots Capital, Khosla Ventures April 2016

CrossChx began as an entity resolution company, and generated over 80 million unique patient IDs for healthcare. They then set out to help customers further reduce costs that are incurred due to manual processes that result in claim rejections, denials, no shows, etc.

Product[edit]

CrossChx launched Olive, the company’s AI solution, in January 2017 to act as the router between systems and data by automating repetitive, high volume tasks and workflows to provide interoperability for organizations. Olive is intended to help healthcare teams to focus on patient care by automating high-volume tasks. Olive uses technologies such as robotic RPA (robotic process automation), machine learning, computer vision, and OCR (optical character recognition), which allow her to work within and between various hospital systems and tools.

References[edit]

  1. "Scaling Humans". CrossChx. CrossChx. Retrieved 10 January 2018.
  2. "NCI Appoints Brad Mascho as New Chief Artificial Intelligence Officer". Berkshire Hathaway. BusinessWire. January 30, 2018. Retrieved 7 May 2018.
  3. "Ohio Top 15 Business Women Announced". National Diversity Council. Retrieved 24 January 2018.
  4. Buchanan, Doug. "40 Under 40 Class of 2017". Columbus Business First. Columbus Business First. Retrieved 10 January 2018.
  5. Ha, Anthony. "CrossChx Raises $15M To Identify Medical Patients And Fix Mistakes In Their Records". TechCrunch. TechCrunch. Retrieved 10 January 2018.
  6. Donovan, Jay. "CrossChx raises a $15 million Series C round from Khosla Ventures, Drive Capital and more". TechCrunch. TechCrunch. Retrieved 10 January 2018.

CrossChx[edit]


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