Contribution: Industrial Research Assistance Program – Contributions to Firms
Murad Younis Healthcare Inc.
$75,000.00
Seamless Compliance: Automating Compliance for Pharmacies
FY 2023-24 · 2023-09-01
Summary
The project is to help pharmacies automate complex billing and compliance tasks. By utilizing advanced algorithms, AI, and real-time insurance compliance checks, this software will reduce the current high risk of claw backs pharmacies are facing in Canada. The project aims to reduce human errors in billing, ensure adherence to compliance standards, and mitigate risks associated with prescription handling, ultimately leading to improved patient care and streamlined pharmacy workflows.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Scarborough|Scarborough, Ontario, Canada
Recipient Type
For-profit organization
Business Number
888258779
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2024-03-29
Agreement Number
1009543
Agreement Start Date
2023-09-01
Agreement Title
Seamless Compliance: Automating Compliance for Pharmacies
Agreement Title (French)
Conformité sans faille : Automatisation de la conformité pour les pharmacies
Agreement Type
Contribution
Agreement Value
$75,000.00
Amendment Number
0
Coverage
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation. | Les projets des Contributions aux entreprises stimulent la création de richesse au Canada grâce à l’innovation technologique.
Description
The project is to help pharmacies automate complex billing and compliance tasks. By utilizing advanced algorithms, AI, and real-time insurance compliance checks, this software will reduce the current high risk of claw backs pharmacies are facing in Canada. The project aims to reduce human errors in billing, ensure adherence to compliance standards, and mitigate risks associated with prescription handling, ultimately leading to improved patient care and streamlined pharmacy workflows.
Description (French)
Le projet vise à aider les pharmacies à automatiser les tâches complexes de facturation et de conformité. En utilisant des algorithmes avancés, l’IA et des vérifications en temps réel de la conformité des assurances, ce logiciel réduira le risque élevé de récupération auquel les pharmacies sont actuellement confrontées au Canada. Le projet vise à réduire les erreurs humaines dans la facturation, à garantir le respect des normes de conformité et à atténuer les risques associés à la manipulation des ordonnances, ce qui, en fin de compte, permet d’améliorer les soins aux patients et de rationaliser les flux de travail des pharmacies.
Expected Results
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Expected Results (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Federal Riding
Scarborough--Rouge Park
Federal Riding (French)
Scarborough--Rouge Park
Federal Riding Number
35097
NAICS Code
511211
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Contributions to Firms
Program Name (French)
Programme d’aide à la recherche industrielle – Contributions aux entreprises
Program Purpose
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Program Purpose (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Recipient Business Number
888258779
Recipient City
Scarborough|Scarborough
Recipient Country
CA
Recipient Legal Name
Murad Younis Healthcare Inc.
Recipient Operating Name
Seamless Care
Recipient Postal Code
M1B 5N6
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2023-2024-Q2-1009543