Every year, an increasing number of healthcare practices struggle with administrative complexities, reimbursements, and cash flow needed to run viable practices. Revenues have dropped and costs have risen, leading to an unprecedented decline in privately-owned practices. 

 

In this episode, we speak with Emmanuel Akintayo, the Co-founder and CTO of Gentem, an AI software company that automates billing workflows for healthcare organizations. Manny shares his fascinating background, originally hailing from Nigeria and moving to the US at the age of 13, where his parents encouraged him to study electrical engineering. However, he pursued his interest in software engineering and started a business building website.

 

Gentem transforms the reimbursement experience by handling the end-to-end billing and revenue cycle processes. Leveraging automation, data science and the latest financial technologies, Gentem is able to increase cash flow while drastically reducing account receivable days and uncovering opportunities to increase revenue. In just a few short years, they has raised over $14 million and serves specialties such as behavioral health, primary care, and pain across the entire country. Tune in to hear more about Manny's journey to becoming a founder and the mission behind Gentem to simplify the reimbursement process and elevate the patient financial experience in healthcare.

 

If your company is looking to scale its AI initiatives, head over to Tesoro AI (www.tesoroai.com). We are experts in AI strategy, staff augmentation, and AI product development. 

Founder Bio: 

Emmanuel Antikayo earned his bachelor’s degree in electrical and electronics engineering and his Master’s degree in quality and manufacturing management from Penn State University. After completing his education, Manny launched his career as an operations and systems engineer at QBC Diagnostics. Over the last decade, Manny has held analyst and software engineer roles at JP Morgan Chase & Co, Accenture and OfferUp. With his experience in the mobile consumer-to-consumer (C2C) space, he joined Facebook in 2018 to help develop the emerging Facebook Marketplace platform. In 2019, Manny left Facebook to join forces with Gentem Co-Founder/CEO Fisayo Ositelu, MD. Fisayo had been searching for a co-founder with engineering expertise and entrepreneurial drive.

Time Stamps: 

00:00 Manny Akintayo background and journey from Nigeria to tech entrepreneur

06:22 Exploring the pain point in healthcare software, benefits and challenges

10:10 Benefits of automation and AI in healthcare claims processing

15:06 Go-to-market strategies for healthcare startups

18:52 Building strategic partnerships for mutual benefits

22:17 Building a team for a healthcare technology company

26:52 Discussion on building a tech team and selecting a code language

29:21 Optimizing for the best engineering talent, remote teams and job market considerations

31:52 Raising capital: a journey from seed to series A

34:20 fundraising strategies for startups: a conversation with an entrepreneur

35:44 Raising capital for a software company

40:30 How to get in contact with the  team

Resources:

 

Company website: https://gentem.com/

Facebook: https://www.facebook.com/GentemHealth/

LinkedIn: https://www.linkedin.com/company/gentemhealth/

Twitter: https://twitter.com/gentemhealth