Healthcare Innovation July 19, 2024
Commure CEO sees acquisition as key step in building the ‘health AI operating system of the future’
Commure Inc., a provider of technology services to healthcare systems, has entered into an agreement to buy Augmedix Inc. (Nasdaq: AUGX), an ambient AI medical documentation and data solutions company, for approximately $139 million in equity value.
Augmedix stockholders will receive $2.35 per share in cash upon completion of the proposed transaction, and San Francisco-based Augmedix will become a wholly owned subsidiary of Commure.
Since merging with Athelas, Commure’s suite of solutions includes Patient Engagement, Workflow Automation, Staff Safety, At-Home Patient Monitoring, Billing Solutions, and Automated Dictation.
“This proposed transaction with Commure provides certainty and a premium value for our stockholders, representing a...
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