About Myndshft
Myndshft is a healthcare AI company that provides an end-to-end prior authorization (PA) and patient access software-as-a-service (SaaS) platform. It is designed to automate and simplify complex administrative tasks for healthcare providers and payers. The platform is unique in the industry for offering a unified solution for both medical and pharmacy prior authorizations. Myndshft’s technology leverages generative AI, machine learning (ML), and robotic process automation (RPA) to streamline processes, offer real-time insights, and determine the optimal submission route for prior authorizations.
For physicians, Myndshft’s platform aims to significantly reduce the administrative burden associated with prior authorizations, eligibility and benefits verification, and patient financial responsibility. It automates the entire PA workflow, from order to submission, verification, and status monitoring, which can reduce manual effort by over 70% and cut the authorization cycle time by up to 90%. The system provides real-time benefits verification for approximately 94% of insured patients across the U.S. and automatically calculates patient out-of-pocket costs. This allows physicians and their staff to focus more fully on patient care rather than paperwork, expediting patient access to crucial treatments, especially for specialty medications, labs, and imaging procedures.
Focus Areas
Business Intelligence
| Technology | CognitiveBus (proprietary AI compute engine, accelerator, toolkit, and native enterprise blockchain platform), cloud-native (HIPAA-compliant Google Cloud infrastructure), generative AI, machine learning, robotic process automation (RPA), HL7 FHIR standard API connectivity |
What Physicians Need to Know
Myndshft's solutions are designed to significantly reduce the administrative burden on physicians and their staff by automating tedious tasks like prior authorizations and benefits verification. This allows for more focus on patient care, faster time to therapy, and improved patient experiences. The platform's ability to handle both medical and pharmacy prior authorizations in a unified workflow is a key advantage, especially for complex specialty medications. Physicians can expect reduced claim denials, quicker reimbursements, and real-time insights into patient financial responsibility, leading to more efficient practice operations.
Myndshft is built for seamless integration with existing provider and payer systems, including EHRs, other health information systems, revenue cycle, and claims management solutions. It utilizes HL7u00ae FHIRu00ae APIs for connectivity and can integrate with thousands of EMRs and financial management systems.
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Frequently Asked Questions
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