Healthcare DIVE July 22, 2024
The take-private deal would help the firm scale its documentation products to more providers and health systems, CEO Manny Krakaris said.
Dive Brief:
- Health data company Commure will acquire artificial intelligence documentation firm Augmedix for about $139 million, the companies said Friday.
- Under the take-private deal, Augmedix shareholders will receive $2.35 per share in cash. The companies expect the transaction to close in the late third quarter or early fourth quarter this year.
- The acquisition comes months after Commure said it would merge with another health company, Athelas, which also offers an AI scribe.
Dive Insight:
Using AI to help clinicians document appointments with their patients is a popular use case for the burgeoning technology....
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