DayDream
DayDream provides dental billing and revenue cycle management, combining proprietary AI with expert human staff for insurance verification, claims, payments and denial appeals.
DayDream is a dental billing and revenue cycle management company based in the United States, serving dental practices across the country. Its work sits at the intersection of applied artificial intelligence and healthcare operations: proprietary AI is combined with expert human staff to carry out insurance verification, claims submission, payment posting, denial appeals and patient billing. The company has raised $6.5m in funding, with backers including 8VC, Nat Friedman and Daniel Gross.
The company's technology spans several domains relevant to engineers: revenue cycle automation, healthcare IT integrations, real-time data dashboards and AI-human hybrid workflows. The DayDream Revenue Cycle Management Platform covers the full billing process end to end, targeting the 10-20% of revenue that practices typically lose to billing inefficiency. Direct integrations connect the system to practice management software such as Open Dental, as well as to clearinghouses, insurance portals and bank feeds, from which real-time reporting dashboards are built.
DayDream operates in a dental billing market it puts at $165bn. Its stated emphasis is on financial transparency for patients, providers and small-business practice owners, in contrast to the black-box reporting of traditional billing services. The company's founding story is rooted in the founder's upbringing in dental practices and a stated mission of helping dentists in America get paid fairly for the care they provide.