Stead Burwell
Stead Burwell is Founder & CEO at Outbound AI, a healthcare-focused startup. He previously founded MultiScale, which was acquired by Tegria by Providence, and has served as CEO at Alliance Health Networks and as a strategic advisor at Columbia Pacific Advisors. His expertise includes healthcare software, platforms, and automation.
Outbound AI raises $16M seed to expand AI virtual agents for healthcare revenue-cycle administration
Seattle-based Outbound AI raised $16 million in seed funding to expand its AI-powered virtual agents that handle healthcare revenue-cycle administrative tasks like eligibility verification, claims status, and prior authorization.
Outbound AI Raises $16 Million to Expand GPT-Powered Healthcare Billing Automation Amid Rising Patient Demand
Outbound AI, a Seattle-based startup specializing in AI tools for healthcare billing automation, raised $16 million to advance its GPT-powered solutions that streamline insurance claims processes. The company aims to reduce administrative burdens on healthcare workers amid rising patient volumes by offering faster, cost-effective, and HIPAA-compliant AI services.
Seattle Startup Outbound AI Launches PayerVA Console to Automate Medical Insurance Claims Processing
Outbound AI, a Seattle startup spun out of Madrona Venture Labs with $7 million in seed funding, launched PayerVA Console, a software product that automates and expedites medical insurance claims processing by reducing time spent on payer communications. The tool transcribes calls, extracts key information, and assists human workers to alleviate burdensome tasks in the healthcare payment system.
Organizations
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Outbound AI Founder & CEO 2021–present, Founder and CEO · current
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Tegria Managing Director, Software & Platform Development 2020–2021 · past
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MultiScale Chief Executive Officer 2019–2020 · past
Education
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University of Virginia Darden School of Business MBA · 1996–1998
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University of Virginia BA, International Relations · 1988–1992
