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Coral Raises $12.5M to Automate Healthcare Prior Authorization and Patient Intake with AI Agents
Coral closed a $12.5M round led by Lightspeed and Z47 to automate healthcare's administrative bottlenecks — prior authorizations, patient intake, and provider-payer communication. Healthcare vertical SaaS (athenahealth, Epic's App Market) faces disruption as AI agents can handle the rules-based workflows that previously required dedicated software plus human operators. Coral targets the $150B annual administrative waste in US healthcare.
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