Health Systems Among Investors in Generative AI Company Abridge
Healthcare Innovation October 26, 2023
Investors in $30 million Series B round include Kaiser Permanente Ventures, Lifepoint Health, Mayo Clinic, SCAN Group, UC Investments (University of California) and the American College of Cardiology
The latest funding round for Abridge, a company focused on generative AI for clinical documentation, includes investments from several health systems.
The company claims its solution has been proven to save clinicians over two hours per day from administrative burden that previously took time away from patients and detracted from clinician work-life balance. “In recent implementations, over 91 percent of notes across over 40 specialties were drafted solely with their AI, requiring minimal input from the clinician. The solution has been uniquely designed with trust and auditability, providing the ability to...