Kyron Medical is a new healthcare technology startup founded by a group of Brown University students that aims to transform medical billing and alleviate physician burnout through the use of artificial intelligence (AI).
Co-founded by Jay Gopal ’25 MD’29 and Lucas Lieberman ’25, the startup’s innovative solution leverages AI to process and analyze medical bills, identify errors, and negotiate with insurance providers – thus, ultimately saving healthcare providers a lot of time and money.
In order to comprehend the difficulties faced by healthcare providers, the startup has undergone a rigorous development process. Kyron’s team discovered that medical billing can be time-consuming for private practices after interviewing more than 200 medical professionals.
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The team is currently working on a complete product launch after securing letters of intent and presales, with plans to release early versions to collect user input. Co-founder Gopal, thinks that “being able to couple product developments and user feedback in interviews is going to be our secret sauce”.
With support from Brown University’s Nelson Centre for Entrepreneurship, Kyron is in a valuable position to have a significant influence on the healthcare sector. The firm is now concentrating on product development and customer acquisition in order to create a fully functional product in the upcoming months.
Kyron is also committed to addressing ethical concerns related to the use of AI in the context of healthcare, including data privacy and HIPAA compliance. The startup utilizes secure platforms like AWS HealthLake to ensure the confidentiality and security of patient data.
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By leveraging AI technology, an understanding of the healthcare industry and taking ethical concerns into consideration, Kyron has the potential to revolutionize medical billing and improve the overall patient/physician experience.