Klaim Since 2019, Klaim has been revolutionizing the healthcare industry by giving providers access to the working capital they need to grow faster and serve patients better.
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By regulation, accepted claims should be paid within 45 days after submission. However, according to Klaim's database, a typical cycle from submission preparation to claim payment takes 60 to 90 days, heavily impacting healthcare facilities' cash flow. On average, insurers take 120 days to pay 90% of submitted claims. Correspondingly, Klaim works to restore a balance of power between providers and insurance companies by converting pending claims into operating capital within 24 hours of submission. This liberates providers to get back to what's important– caring for patients. The company accomplishes this by using an innovative combination of claim purchasing, user-friendly software tools, and expert done-for-you services. Its simple yet sophisticated software tools also embrace the latest artificial intelligence and smart automation.
- FOUNDED IN: 2019
- SECTOR: FINTECH
"Klaim is contributing to shaping the future of the UAE through strategic investments that bolster the local economy, and demonstrate a deep commitment to the nation's development and well-being. These investments are particularly impactful in the healthcare sector, where Klaim plays a crucial role in enhancing the quality of healthcare services. This comprehensive approach raises the standard of healthcare in the UAE, and positions the nation at the forefront of medical excellence and innovation, benefiting its citizens, and drawing international recognition."
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