Sohar Health Secures $3.8M Seed Funding to Revolutionize Insurance Claims & Behavioral Health Access

Sohar Health, a pioneering company transforming the healthcare landscape, is excited to announce the successful raising of $3,800,000 in its latest funding round. This investment will accelerate the company’s mission to empower healthcare providers with innovative API solutions that reduce insurance claims denials, improve pricing transparency, and increase access to behavioral health care across the United States. At the heart of Sohar Health’s offering is its advanced eligibility verification service, which boasts an impressive accuracy rate of over 90% with around 95% of checks returned within seconds. By delving deeply into patients’ benefits coverage, the company’s technology enables providers to deliver faster, more accurate insights into patient eligibility, thereby reducing administrative burdens and streamlining the billing process. This new funding injection will facilitate further development and scaling of Sohar Health’s API technology, ensuring that healthcare institutions, including well-respected partners such as Talkiatry, Monument, Legion Health, Confidant Health, Stellar Sleep, LunaJoy, and Finni Health, continue to benefit from enhanced operational efficiency. By supporting hundreds of payers nationwide, Sohar Health is not only reshaping how claims are processed but is also ensuring that patients have improved access to critical behavioral health services. As the company continues to expand its operational footprint, this investment will empower the research and development team to bring forward even more sophisticated products and solutions. With this fresh capital, Sohar Health is poised to reinforce its commitment to innovation in a rapidly evolving healthcare environment, driving better outcomes for providers and patients alike.