OneImaging Raises $38M in Funding to Finally Make Medical Imaging Affordable
1 in every 2 Americans need imaging every year. It is the 2nd most-utilized service in all of healthcare, after prescription drugs, but radiology services remain expensive and inaccessible.
Physicians are routinely coerced by their hospitals' administration to refer patients into their own hospital systems' imaging departments, where the average MRI is priced at over
Meanwhile, employers are spending 50% more on their employees' healthcare benefits than they did 10 years ago, not only facing rising bills, but also administrative headaches from prior authorization bottlenecks and surprise billing. While imaging is crucial for early diagnosis, lower long-term costs, and better outcomes, the various shortcomings of the current radiology industry have resulted in a heavily inefficient system.
OneImaging connects patients to a nationwide network of accredited imaging centers. It seamlessly manages scheduling, insurance approvals, pricing and delivery of results—enabling up to 80% cost savings while maintaining high-quality care and transparent pricing. OneImaging removes delays and complexity so patients can get the right scan at the right time and price.
This problem became personal for OneImaging founder
OneImaging saves employers and their employees up to 80% on imaging and ensures the process is easy, affordable and stress-free by offering:
- High-quality imaging network: Higher-value imaging through OneImaging's national network of accredited partner imaging centers
- Streamlined operations: Automated end-to-end platform that removes providers' administrative costs, lowering their operating expenses by 30%
- Price transparency: Upfront pricing that reduces up to 38% of leakage from patients who forgo care due to high, hidden costs
- Easy user experience: Smooth digital experience that decreases cancellation rates from ~25% to 1%
- Seamless reimbursement: Simple claims process, instant provider reimbursements, and simple co-payments, with financing options available, to shorten the RCM cycle from months, into real-time
- Lower costs/better outcomes downstream: 76% of Americans live with chronic conditions, that when detected early, result in lower costs and healthier, happier lives
"Until now, patients had little education or perceived choice in where they received imaging. What matters most isn't getting a scan where your doctor happens to work, but getting it faster, knowing the upfront cost, and being able to trust the quality of the service. OneImaging is making the most powerful diagnostic tool in medicine accessible to everyone," Adler adds.
About OneImaging
OneImaging
is the radiology platform that simplifies medical imaging for patients, providers, and employers. By connecting people to a nationwide network of accredited imaging centers, the company delivers up to 80% cost savings while ensuring high-quality care and transparent pricing. OneImaging has grown 50x in less than three years, partners with Fortune 100 employers, and integrates with the largest commercial health plans to bring affordable imaging to millions.
View original content:https://www.prnewswire.com/news-releases/oneimaging-raises-38m-in-funding-to-finally-make-medical-imaging-affordable-302583058.html
SOURCE OneImaging
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