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How Does RPA for Medical Billing Work? The healthcare industry is highly time bound and requires all tasks to be performed in real time. This leaves no time to deal with errors or to slack. Any error can have a heavy, costly or even fatal implication. Administrative tasks and Revenue Cycle Management can further plough down the efficiency and can even affect patient experience negatively. Even compliance and cost structures can be affected by errors and cause a breakdown of the system. Read more:-https://ramamtech.com/blog/how-does-rpa-for-medical-billing-work

Deepetch Ecozen records 2X rise in scale in FY23, expenses follow Ecozen, a deeptech firm based in Pune, saw its revenue surge to Rs 295.5 crore in FY23, a 2.4X increase from Rs 123 crore in FY22. The firm, known for climate-smart solutions, faced significant expenses, raising overall costs to Rs 289.5 crore. Despite rising losses to Rs 5.7 crore, it secured substantial funding and maintained positive EBITDA and ROCE. #thekredible #Startup #StartupNews #Data #Insights #Ecozen #SustainableTech #EnergyStorage #PuneStartups #GreenTechnology #Investment https://thekredible.com/blogs/deepetch-ecozen-records-2x-rise-in-scale-in-fy23-expenses-follow

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Tirex Chargers posted 67% hike in scale in FY23, losses drop 70% Tirex Chargers, an EV charging company in Ahmedabad, experienced a 67% revenue increase to Rs 13.3 crore in FY23. Offering AC and DC chargers from 7kW to 360kW, it serves various vehicles and has installed 10,000 kW chargers for clients like Foton and Olectra. Despite a 68% rise in expenses, it maintained revenue parity, supported by a Seed round of Rs 15 crore in 2022. #thekredible #Startup #StartupNews #Data #Insights #TirexChargers #ElectricVehicles #StartupInvestment #GreenTechnology #RenewableEnergy #AutomotiveIndustry #RevenueGrowth https://thekredible.com/blogs/tirex-chargers-posted-67-hike-in-scale-in-fy23-losses-drop-70

BluSmart raising $24 Mn in pre Series B BluSmart Mobility, an EV ride-hailing and charging hub operator, is raising Rs 200 crore ($24 million) in a pre-Series B funding round by issuing over a million preference shares. This capital-intensive company, founded in 2019, operates 4,400 EV chargers and 7,000 vehicles, competing with Ola and Uber with a unique scheduled pick-up model. Despite significant revenue growth, from Rs 160 crore in FY23 to Rs 390 crore in FY24, audited financials are pending. BluSmart is also expanding to Dubai. #Entrackr #Fintrackr #News #Startup #StartupNews #BluSmart #ElectricVehicles #GreenMobility #SustainableTransport #Startup #DubaiLaunch #RevenueGrowth https://entrackr.com/2024/05/blusmart-raising-24-mn-from-existing-investors/

Nykaa posts Rs 6,386 Cr revenue and Rs 40 Cr PAT in FY24 Nykaa, an online fashion and beauty commerce platform, reported a 24.1% growth in revenue, reaching Rs 6,386 crore in FY24, up from Rs 5,144 crore in FY23. Profit after tax surged by 90.5% to Rs 40 crore. Despite a 6.8% sequential drop in Q4 revenue, total income for the year stood at Rs 6,416 crore. Costs related to procurement and operations increased, but effective cost management led to improved profitability. The company also announced new ESOP options for employees. #Fintrackr #News #Startups #StartupNews #Nykaa #RevenueGrowth #ECommerceSuccess #FashionTech #Entrackr https://entrackr.com/2024/05/nykaa-posts-rs-6386-cr-revenue-and-rs-40-cr-pat-in-fy24/