HiLabs Secures $39M for AI-Powered Data Management Solutions

HiLabs, a company using AI to clean dirty data for health insurers, has raised $39 million in Series B funding. The company’s MCheck platform helps reduce healthcare operational costs and improve patient outcomes by cleaning healthcare data. With products for provider data accuracy, clinical results, payment accuracy, and value-based care, HiLabs aims to tackle the $300 billion annual problem of dirty data in the healthcare industry. The funding round, led by Denali Growth Partners and Eight Roads Ventures, will be used to scale provider solutions and enhance clinical data products. HiLabs aims to show the tangible benefits of AI in healthcare by addressing data quality issues.

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