Care.fi, a fintech startup, is revolutionizing healthcare finance by offering specialized solutions to hospitals and providers. It tackles financial challenges such as cash flow issues, insurance processing, and streamlining patient discharges. Its key offerings include CareCred, which facilitates rapid financing through invoice uploads, and solutions for supply chain and receivables financing. This improves hospital efficiency and operational sustainability.
Care.fi’s platform has processed claims for over 20,000 patients and works with 50+ hospitals, including major chains like ANKURA and SRV. It handles claims for Ayushman Bharat, worth over Rs. 100 crore. By reducing patient discharge times from 5-6 hours to 30 minutes, Care.fi enhances operational efficiency.
With over Rs. 100 crore in claims processed and USD 2.81 million in seed funding from investors like Sequoia Capital, Care.fi is expanding its geographical reach and developing new financing models to support healthcare providers. Its long-term vision is to create an integrated financial ecosystem for healthcare.