Achievement is set to accelerate enterprise AI solutions through Microsoft’s startup acceleration program
RAAPID, a leading healthcare technology innovator specializing in AI-enabled risk adjustment and value-based care solutions, today announced its successful launch on the Microsoft Commercial Marketplace. This achievement comes as part of RAAPID’s selection for the Microsoft for Startups Pegasus Program, enhancing the company’s ability to deliver its AI solutions to healthcare organizations.
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After being selected for the program in December 2024, RAAPID has reached this significant milestone, making its solutions directly purchasable through Microsoft’s enterprise procurement channels. RAAPID’s technology helps healthcare organizations improve patient care quality, reduce administrative burdens on providers, and ensure accurate reimbursement capture.
The Microsoft for Startups Pegasus Program is an exclusive, invitation-only initiative designed to accelerate the growth of high-potential ventures by providing technical and go-to-market support through Microsoft’s global sales channels. RAAPID’s selection demonstrates its exceptional innovation and enterprise readiness.
“Joining the Microsoft for Startups Pegasus Program has been transformative for our business,” said Michael Clark, President & Chief Growth Officer at RAAPID. “The dedicated support from Microsoft’s Pegasus team has helped us optimize our architecture on Microsoft Azure and refine our go-to-market strategy, enabling us to deliver enterprise-grade solutions that solve today’s pressing business challenges.”
Through the Pegasus Program, RAAPID receives technical guidance from dedicated Cloud Solution Architects to build scalable solutions and Go-to-market support from Success Managers and Vertical Leads, enabling a natural cross-sell, up-sell opportunity to existing Microsoft customers on Azure seeking Risk Adjustment AI for their healthcare enterprise.
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RAAPID’s Azure-powered architecture delivers secure, scalable solutions for healthcare innovation. Using key Azure services, including Virtual Machine Scale Sets and Service Bus, RAAPID EHR integrated solution ensures seamless scalability and real-time processing, while robust security measures protect sensitive EHR data. RAAPID’s platform utilizes Azure AI Foundry, including OpenAI Service, and Azure Machine Learning as a service for core model development & continuous improvement. This multi-region deployment helps ensure reliability and low-latency access worldwide.
The transactive marketplace listing, which went live on February 28, 2025, allows RAAPID’s solutions to be purchased through Microsoft’s existing procurement relationships. This significantly reduces sales cycles and enables enterprises to apply purchases toward their Azure consumption commitments.
“The RAAPID team has demonstrated innovation in healthcare AI, aligning with Microsoft’s vision for transforming the industry,” said Tom Davis, Partner, Microsoft for Startups. “Their progression to a transactable marketplace solution showcases both technical excellence and market readiness. We expect this collaboration will drive meaningful outcomes for healthcare organizations navigating value-based care.”
RAAPID’s commitment to building on Microsoft trusted cloud and AI technologies and addressing enterprise challenges has enabled them to progress quickly to a transactable marketplace solution, creating value for our shared customers.
RAAPID’s AI-Powered Risk Adjustment platform for Prospective & Retrospective reviews is now available through the Azure Marketplace, enabling seamless deployment and integration with existing Microsoft environments. Enterprise customers benefit from simplified procurement, consolidated billing, and the ability to use existing Microsoft agreements without the risk of moving their patient/member data outside their environment – a known challenge to all healthcare providers using 3rd parties for various services.
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Source – businesswire
