EXACTRX — The intelligence layer for modern surgery centers INC. 2025 Female Founders 500 $300K+ recovered per facility, per year TECHSTARS 2025 cohort 80,000+ payer rules in the engine 0% criterion-level hallucination rate EXACTRX — The intelligence layer for modern surgery centers INC. 2025 Female Founders 500 $300K+ recovered per facility, per year TECHSTARS 2025 cohort 80,000+ payer rules in the engine 0% criterion-level hallucination rate
Athena Doshi, founder and CEO of Exactrx
Athena Doshi — she studied the heart, then went looking for the part of medicine nobody loved.
Founder · CEO · Exactrx

Athena
Doshi

She got into her dream med school. Then she turned it down to fix the whole system instead.

Nashville, TN Healthcare AI Two-time founder UC San Diego

In an operating room, the most expensive mistake isn't a slip of the scalpel. It's a cancelled case — the patient sent home, the schedule blown, the revenue gone. Athena Doshi built a company to make that mistake disappear.

What she's building now

The surgery center, refactored

Doshi is the founder and CEO of Exactrx, a Nashville company that wants surgery to run like software instead of a fax machine. Its product is deceptively plain: autonomous, embedded checklists. Underneath sits a rules engine that reads payer policy the way a seasoned billing manager would — except it never gets tired and never misses a line.

The pitch she gives investors is not about billing. It is about access. Denials, delays, and missing documentation are, in her telling, the real barriers between a patient and a procedure. Fix the paperwork and you have not just saved a center money - you have moved a surgery from "rescheduled" to "done."

The numbers her team reports are specific enough to be checkable: day-of cancellations down by three percent, roughly thirty minutes of prep shaved off every case, and more than $300,000 recovered, per facility, per year. The platform claims something rarer still - a zero percent hallucination rate at the criterion level, validated across 3,145 real cases at Weill Cornell Medicine and Northwestern, where ordinary large language models stumble on 28 to 39 percent.

The file on Doshi

Founder & CEO Exactrx ex-Omada Health ex-Heartbeat Health Physiology + Neuroscience Human interaction design 2x founder Inc. FF500 Techstars '25 AI Hot 100

She calls the revenue cycle "one of the most consequential and underloved" systems in healthcare. Most founders chase the glamorous problems. She went straight for the one with the worst reputation and the biggest leak.

By the numbers
$300K+
recovered per facility / year
30 min
prep time saved per case
80,000+
payer rules in the engine
3,145
cases validated at top hospitals
I was originally studying to be a doctor, but ultimately changed my path after falling in love with the intersection of healthcare and technology.
— Athena Doshi
The decision

The acceptance she declined

Here is the strange specific that explains everything else: she was accepted to her dream medical school, and she said no.

The logic was not modest. One doctor sees a few thousand patients in a career. Doshi decided she could reach more by building the infrastructure those doctors stand on. So instead of a white coat, she took a product role - and a recurring frustration that would not leave her alone.

"I think about clinicians who went into medicine to help people and spend half their day on paperwork instead," she says. The line is personal. Her sister is in medical school now, and Doshi talks about wanting her to practice with tools that let a physician be a physician, not a data-entry clerk.

She started early. While still an undergraduate at UC San Diego, she launched a public-health SaaS platform that ended up serving organizations across Tanzania and India. By 2021 it had grown to more than a thousand organizations and was acquired - a first exit before most people finish their first job.

Hallucination, head to head

Criterion-level error rate (lower is better)
Exactrx engine0%
Standard LLM (low)28%
Standard LLM (high)39%

Validated across 3,145 cases at Weill Cornell Medicine and Northwestern Medicine.

“The revenue cycle felt like one of the most consequential and underloved ones in the industry.”

The route here

A non-linear line

2016–2020
Studies physiology and neuroscience at UC San Diego, with a specialization in human interaction design. Builds a public-health SaaS platform for clinics in Tanzania and India.
2017–2018
Product design lead for Diabeatit, a diabetes-management tool at UC San Diego Health.
2020–2021
Product, clinical and operations lead at Heartbeat Health; publishes clinical research with the American College of Cardiology.
2021
Her first company is acquired after reaching 1,000+ organizations.
2021–2023
Product manager in Omada Health's cardiometabolic division, scaling ahead of its IPO. Leads a GLP-1 weight-loss program with 1.7x improved outcomes.
2023
Founds Exactrx. The company pivots from precision medicine after seeing how much revenue centers lose to manual admin work.
2025
Exactrx joins Techstars, lands on the AI Hot 100, and Doshi is named to Inc.'s Female Founders 500.
The four who built it

People who lived the problem

Exactrx is a lean group of subject-matter experts, each carrying scar tissue from the systems they now automate.

Athena Doshi
Co-founder & CEO

Nine-plus years building partnerships and shipping AI in regulated settings. Scaled product at Omada Health before its IPO.

Dr. Jan Krumsiek, PhD
Co-founder & Head of AI

Associate professor at Weill Cornell Medicine, 15+ years in biomedical AI. Designed the claim-scoring architecture.

Ellard Li
Co-founder & CTO

Built payments at WePay (acquired by JPMorgan Chase). Architected the engine handling 80,000+ payer rules.

Dr. Gina Cocos, PharmD
Co-founder

UCSF-trained clinician across ASC, hospital and outpatient settings. Translates documentation standards into the rules engine.

I'm deeply honored to be included among such an exceptional group of female founders. This recognition reflects the incredible work of our entire team at Exactrx as we build the intelligence layer for modern surgery centers.
— on the Inc. 2025 Female Founders 500, March 2025
Off the record

Things that don't fit on a pitch deck

She turned down an acceptance to her dream medical school to build healthcare infrastructure instead.

Her very first startup, built in college, served clinics across Tanzania and India before being acquired.

She writes a Substack publication called Building Wealth.

She started, but did not finish, an M.P.H. in global epidemiology at Emory - the company won.

Her CTO once built payments at WePay before JPMorgan Chase bought it. The team likes infrastructure that doesn't break.

What she's actually after

Doshi describes the goal as turning healthcare "from a system we navigate to a system we operate." Less wandering through a maze of denials, more pulling levers that work.

Her north star is ethical technology that improves the human condition by removing the financial and administrative friction between people and care. It is a big sentence. The work behind it is unglamorous, line-by-line, payer-rule by payer-rule - which may be exactly the point.

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