Rhyme, founded in 2014, is at the forefront of innovation in the Health Care and Information Technology sectors. Headquartered in the United States, Rhyme is revolutionizing the cumbersome prior authorization process with its mission to make it fully touchless, as expressed in its slogan: "Eliminating Prior Auth". By automating and optimizing this traditionally manual workflow, the company addresses significant operational inefficiencies, reducing friction and waste.
The company's ability to meticulously track and enhance the end-to-end prior authorization process has positioned it as a promising player in the field. In its latest venture round on 14 February 2022, Rhyme secured a substantial $25.00M investment. Notable investors include Insight Partners, JobsOhio, BIP Ventures, and Health2047, underscoring a strong vote of confidence from industry leaders in its potential to scale and impact the healthcare landscape positively.