Personal healthcare experiences often spark pioneering cures, and Hindsait CEO Pinaki Dasgupta is no exception. After two immediate family members weathered serious health issues, Dasgupta brought his digital expertise in manufacturing to the healthcare industry.
His cloud-based startup is designed to help insurance companies and healthcare organizations reduce costs while boosting patient health by replacing manual reporting, preauthorization, and audits with automation based on artificial intelligence (AI).
Healthcare spending in the U.S. alone has totaled almost 18 percent of the country’s gross domestic product (GDP), an astounding amount. While the causes are complex, Dasgupta points to unnecessary procedures, inefficiencies, errors, abuse, and fraud as among the top culprits. AI was just emerging when he founded Hindsait in 2013 amid a swirl of market-wide healthcare reform model