Y Combinator

@avelishealth

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SoundTikTok sound · original sound - avelishealth

Promoted product

Avelis Healthavelishealth.com

Avelis uses AI to audit 100% of medical claims to identify errors and recover overpayments. We reduce annual health plan spend by 2-7%.

3 videos

Why it worked

The video effectively leverages a personal story and a relatable, significant problem (medical debt) to introduce a solution. The use of statistics and a clear explanation of the AI's function, combined with the credibility of Y Combinator, makes the pitch compelling and likely to resonate with the target audience.

Summary

The speaker discusses the prevalence of medical debt in the US and how their company, Avelis Health, uses AI agents to fight inflated hospital charges on behalf of patients. They share their personal experience and the success of their previous company, which was acquired, leading them to start Avelis Health to target self-insured employers.

Structure

1Introduction to the problem of medical debt
2Personal anecdote about medical expenses
3

Original caption

Day 2: we had to pitch our startup in front of the entire group #ycombinator

More from @avelishealth

Product placement

The speaker's company, Avelis Health, is presented as the solution to the problem of medical debt, with the speaker explaining how their AI agents fight inflated hospital charges. The company's website is provided in the creator's bio.

On-screen text

Y Combinator Day 2: Startup Pitch Health fight against their medical bills! Mohamed Sheba (CEO) Ahmad Sheba (CTO) chronic knee injury for 10 years reduce their bills self-insured employers

Transcript

100 million Americans have medical debt and it's leading cause of personal bankruptcy in the United States. I've had a chronic knee injury for the past decade. I played soccer my whole life growing up and I've had three knee surgeries. I had to fight down over a quarter million dollars of inflated hospital charges. And so we decided to build AI agents that can essentially do this on behalf of patients. We have worked with over 60 patients and have fought their bills and have decreased it over $280,000. And so my co founder and I, we recently got our company acquired this year. And so we decided to do something again, which is sort of why we are in YC and fighting medical bills. And we're now targeting self-insured employers. So you can go a little bit up the stack and essentially do this on behalf of the largest companies in the world. Thank you guys.