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DoorSpace, an insurtech company, has deployed AI technology to enhance operations within healthcare organizations.
DoorSpace is the first of three AI modules to automate authentication data with AI-powered OCR (Optical Character Recognition) technology, helping organizations improve efficiency and accuracy in documenting and storing data.
Additionally, AI-driven OCR technology recognizes and interprets a wide variety of fonts, languages, and writing styles with greater accuracy. It can even recognize handwritten text, making it easier for hospital files, which are often handwritten and kept as physical files on-site, to be transferred and stored securely in the cloud.
“Our solution is designed to help clinicians and healthcare organizations on the back end. Administrators and healthcare professionals spend hours of their day doing paperwork to transfer the same content – licenses, resumes, certifications, training certificates – to multiple locations. This is a huge waste of healthcare professionals’ time. Our solution automatically reads the data with much greater accuracy than an overworked person could copy and paste, and securely stores it in a place that is accessible and easy for administrators to use,” said Sarah M. Worthy, CEO of DoorSpace.
“DoorSpace’s solution is designed to help physicians organize their information so they have a trusted source of information. There is great psychological value in having information organized and safely stored in one place. It’s all about having peace of mind that everything is safe and accessible, and in my opinion, this really solves a significant and underappreciated problem facing healthcare today,” added Paul Bergeron, MD, chief physician executive at DoorSpace.
“70-80% of documentation used in healthcare has errors simply due to human error. Constant copying and pasting of information leads to mistakes, but this AI technology reduces errors to less than 1%. DoorSpace’s goal is to make healthcare organizations more efficient, and we are using AI on the backend to improve our operations,” explained Brian White, CRO and co-founder of DoorSpace.
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Last month, DoorSpace secured $2 million in its latest seed funding round.
DoorSpace plans to allocate the funds towards various initiatives aimed at strengthening and expanding the company’s position in the market.
Some of the money will be invested in efforts to reach a broader customer base, particularly rural health care organizations that are grappling with high turnover and talent retention.