Founded in 2019 by Dr. Fisayo Ositelu and former Facebook engineer Emmanuel Akintayo, Gentem Health transforms the reimbursement experience for private medical practices by managing end-to-end billing and revenue-cycle processes and reimbursing physicians upfront. The company leverages automation, data science, and modern financial technologies to increase cash flow, reduce accounts receivable days, and uncover revenue opportunities. Gentem went live in 2020 and serves a range of practices including surgical specialties, pain management, behavioral health, and telemedicine providers. Customers report material improvements, including reducing average accounts receivable from about 90 days to 20 and dramatically increased revenue. Gentem has raised a total of $13.7 million to date and plans to grow its sales, product, and engineering teams to meet provider demand. Gentem leverages machine learning, automation and fintech technology to handle end-to-end billing and revenue cycle processes for doctors. The company pays physicians upfront for their services and aims to improve reimbursement experiences. Gentem’s platform increases cash flow, reduces accounts receivable days and uncovers opportunities to increase revenue. Led by CEO and co-founder Fisayo Ositelu, MD, the company targets enabling doctors to run viable, independent practices. Gentem intends to use new funding to grow its engineering and operations teams. The company is based in San Francisco, CA and recently raised additional capital to support expansion.

Total raised

$14M

Funding rounds

2

Latest round

Series A

Latest activity

Feb 2021