Adaptive Innovations

About Adaptive Innovations

Fira Health is a healthcare technology company that operates as an AI-native physical care platform, starting with the home health sector. Founded in 2024 by CEO Alex Wendland and CTO Ryan Tolsma, the company is headquartered in New York, NY. Fira Health has secured $11.5 million in a Seed funding round.

The company's core mission is to address the administrative overhead in the healthcare industry, particularly in home health, by using artificial intelligence to automate back-office operations. This approach is designed to eliminate inefficiencies that have historically constrained the sector. Instead of developing software for existing home health agencies, Fira Health positions itself as the home health platform, powered by AI. The platform combines an AI-driven operating system for automating administration with a network of licensed clinicians, including skilled nurses and therapists, who are deployed directly to provide patient care.

The business model focuses on creating superior unit economics by automating tasks such as patient intake and revenue cycle management. Its clinical software includes a charting suite for staff and tools that identify patient eligibility issues before visits, aiming to reduce disruptions in care and billing. By automating these processes, Fira Health aims to expand access to care for patients who might be rejected by traditional providers and achieve contribution margins closer to those of software companies. This economic advantage is intended to fuel a strategy of consolidating fragmented regional markets.