An AI platform that acts like a Junior Resident or Physician Assistant, handling all non-billable tasks or Home Work Time; to free up doctors to see additonal patients
Current Status
We currently have $48K ARR from our first customer Lawrenceville Family Practice since its launch in Sept 2024. Key opportunities in the pipeline include:
Chase Clinical Documentation: $120K ARR
West Michigan Cardiology: $120K ARR
Georgia Clinic: $120K ARR
Comprehensive Primary Care, Lawrenceville: $50K ARR
Alpha Family Medicine: $50K ARR
Pleasant Hill Family Medicine: $50K ARR
We expect to generate $400K ARR by end of this year.
Problem or Opportunity
Neural wave solves the problem of doctors spending 60-80 hours a month on non-billable tasks, limiting their capacity to see 2-4 extra patients daily. This leads to revenue loss of $15K - 20K per provider per month, contributes to burnout, and can lead to claim denials due to incomplete documentation.
Solution (product or service)
An AI platform that functions as a Junior Resident Doctor or Physician Assistant to manage non-billable tasks. It enables doctors to see 2–4 extra patients per day, increases revenue by $15 - 20K per month, reduces burnout, and cuts claim denials significantly - improving efficiency, revenue, and provider well-being
Business model
Neural Wave’s B2B SaaS model targets high-volume medical clinics, specifically those with 5,000+ patients per month. The revenue is based on a monthly subscription with annual commitment, priced at $2 per patient encounter