Member Profile: Axuall

Company Name: Axuall

Location: Cleveland

Industry: Technology

What We Do:

Axuall is a global identity network that enables people to collect and manage their verified credentials from authorized issuers and share them with employers and partners who can trust them as authentic - at any given time. We address the information problem at the center of workforce readiness. 

Axuall serves employers, practitioners, and credential institutions in healthcare. With over 8.5 million healthcare workers in the United States, the need to be able to efficiently and accurately account for qualifying credentials is paramount to meeting market demand and safety. 

What’s a Trend You’re Seeing/Prediction for the Future:

Verification of proof is something that can extend well beyond HR. Instant access to digitally verified information will have a profound impact on supply chain integrity, particularly in pharmaceutical and device tracking. We believe digital proof will also be a catalyst for revenue cycle optimization and improvements in prior authorization. These are areas that require a great deal of redundant or unnecessary human intervention today, that if designed and deployed thoughtfully, can have a big impact on efficiency and business operations.

A Problem/Challenge We Are Working To Solve:

Within healthcare, it can take 120 days or more to verify all the credentials of a physician. This translates to billions of dollars in wasted effort and missed opportunities for the U.S. health system. When the average physician can generate about $7,500 a day in revenue for a health system, the impacts to organizations’ topline and bottom line become painfully apparent. The streamlined placement of qualified healthcare professionals, aided by secure digital credentials, offers the potential to save the U.S. healthcare system billions annually while improving efficiency, accuracy, privacy, and security.

Leveraging patent pending blockchain technology, Axuall's network enables physicians to acquire digital versions of their credentials from authorized issuers such as medical schools, residency programs, license bureaus, and medical boards, and then share them securely with healthcare systems and medical groups instantly.  

Company/Organization's Slogan:

The Digital Network for Verified Facts, Enabling the Credentialed Workforce of Tomorrow