📃 Incumbent EHRs (i.e. Epic) are entering the #GenAI Autonomous Medical Scribe space with a little help from their Tech Giant Friends (i.e. Microsoft) https://lnkd.in/gQKft_Uh 🤓 See the market map / spreadsheet pic from an article by Paulius Mui, MD and Ben Lee https://lnkd.in/g_tqMSAh 👍 Integration into the largest EHR is a huge selling point, assuming that provider onboarding time is a fraction of the time of a 3rd party tool. 🤔 Should Autonomous Med scribe startup competitors follow a similar GTM channel, partnering with existing EHRs? If so, startups may less frequently have to engage providers for a sale - the EHR will sell on the startup's behalf. 👍 This tool's 40% increase in first-time approval of Prior Auth is impressive. Some physicians state that interactions with insurance carriers is the cause of documentation burden (which is the cause of physician burnout). 🤔 How do startups counterposition GTM and Product to maneuver around the giants? I think answer lies in the ability to rapidly iterate without the bureaucracy of partnerships between huge incumbents. 🚢 Will these giants be able to keep up with more nimble startups, especially in a market that is moving as fast as GenAI?
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Automated healthcare? Plenful emerges from stealth with $10M to streamline medical admin | VentureBeat: New York-based startup Plenful has emerged from stealth with $10 million in funding from investors including Bessemer Venture Partners and Waterline Ventures. Plenful aims to automate pharmacy and healthcare operations using AI, streamlining administrative tasks and allowing care teams to focus on patient care. The investment comes as the healthcare industry faces worker shortages. Plenful's platform uses AI and human oversight to automate tasks like data entry and document management. The company plans to expand its team and customer base with the funding. Plenful faces limited direct competition due to its specialized focus on pharmacy operations. - Artificial Intelligence topics! #ai #artificialintelligence #intelligenzaartificiale
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Wednesday Spotlight: Highlighting Innovation in the HealthTech Industry! This week's spotlight shines on Anterior (formerly Co:Helm), a NYC-based #HealthTech startup using #AI to revolutionize healthcare administration. Founded by Zahid Mahmood and Abdel Mahmoud, MD, a former doctor who saw the need for a more efficient system. Their innovative approach just secured a $20 million Series A funding round, pushing their valuation to a remarkable $95 million! Why the excitement? Anterior is tackling a major pain point – the administrative burden on healthcare professionals. Their AI co-pilot helps doctors and nurses save time gathering documents for insurance approvals, aiming to: - Reduce denials ❌ - Get patients the care they need faster ✅ And this is just the beginning! Anterior plans to expand their AI solutions to other healthcare admin tasks in the future.
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Entrepreneur and principal cloud architect helping startups with their cloud journey and application development challenges
Please contact me if you need help with healthcare security and compliance, or other challenges related to cloud or digital transformation. Check out this post for details
NOVA Cloud has a proven track record of helping healthcare startups to succeed. We have worked with many healthcare startups, and many of our clients have gone on to raise funding and launch successful products and services. Here are just a few examples of how NOVA has helped healthcare startups to grow faster: We worked with a healthcare company to create a HIPAA-compliant architecture for their Augmented Reality (AR) application, which provides telepresence, Content Management, and Data insights to healthcare companies and surgeons. Thousands of clinicians have adopted the platform, which is now utilized in over 50+ countries. We assisted a startup with its security and compliance posture; they developed a healthcare contact center that assists patients with appointment scheduling. Thousands of patients use the platform to plan doctor's visits. NOVA assisted another startup in designing a serverless microservices architecture. The startup's application, which leverages AI-based Surgical Site Infection (SSI) monitoring technology to check wound health status, patient inputs, and patient vital signs, connects clinicians to postoperative patients. If you are a healthcare startup, NOVA can help you to grow faster. We have the experience, expertise, and resources to help you succeed. Contact NOVA today to learn more about our services and how we can help you achieve your business goals. #healthcarestartups #healthcareinnovation #businessagility #startupgrowth #NOVACloud
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AbridgeHQ Secures $150M for AI-Powered Healthcare Advancements AbridgeHQ secures $150M in Series C funding to propel AI-powered healthcare technology, prioritizing clinician-patient interaction. Led by XYZ-Ventures and backed by ABC Capital and MAVEN CO-INVEST DEF LIMITED PARTNERSHIP, the funding will expedite the development of an AI platform streamlining medical documentation and improving patient-doctor communication. With a pre- and post-money valuation of $99M, the focus is on human-centric care enhancement. AbridgeHQ's approach marks a shift in healthcare technology, emphasizing the fusion of AI with patient-centered practices, setting new industry standards. By prioritizing the human touch, they aim to revolutionize healthcare, ensuring technology augments rather than replaces essential interactions. #AbridgeHQ #Healthcare #AI #SeriesCFunding #ClinicianPatientInteraction #XYZVentures #ABCCapital #DEFPartners #MedicalDocumentation #PatientDoctorCommunication #HumanCentricCare #HealthcareTechnology #PatientCenteredPractices #IndustryStandards #HumanTouch #RevolutionizeHealthcare
AbridgeHQ Raises $150M in Series C Funding to Advance AI-Powered Healthcare Technology
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Bridging the technology gap in healthcare is key to providing seamless patient experiences. Learn more in Betakit about how Salesforce’s conversational AI healthcare assistant removes the administrative burden for healthcare providers, leading to better patient outcomes.
H|T: The Healthtech Times – Salesforce launches an AI healthcare assistant
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Bridging the technology gap in healthcare is key to providing seamless patient experiences. Learn more in Betakit about how Salesforce’s conversational AI healthcare assistant removes the administrative burden for healthcare providers, leading to better patient outcomes.
H|T: The Healthtech Times – Salesforce launches an AI healthcare assistant
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It is heartbreaking to see a lot of humans suffering, not getting the medical treatment on time across the globe. While a lot of these can be avoided by human compassion and desire to help our fellow men avail the right kind of medical treatment, it is also important to understand how #artificialintelligence is playing a role in the #medicaltreatment for various #patients. The NStarX Data Science and AI Engineering team have experience building enterprise AI platforms for #precisionmedicine treatment for #patients. #generativeai is playing a big role in driving the classical #machinelearning and #computervision based algorithms to the next level. We outline a few we see making an impact in the near future in the #healthcareindustry : Automated #PatientTriage Systems: Generative AI can be used to develop more efficient patient triage systems that prioritize emergency cases based on the severity of their condition. This can help reduce wait times for critical patients. Enhanced Electronic Health Records (#ehrs ): AI can generate summaries of patient histories, suggest missing information, and highlight critical information to medical staff, thereby speeding up the paperwork process. Virtual Health Assistants: These AI systems can provide immediate support and guidance to patients before they even reach the hospital, ensuring they receive the right kind of attention as soon as they arrive. #predictiveanalytics for Bed Management: By predicting hospital admissions, AI can help manage bed availability more efficiently, ensuring that emergency patients have immediate access to the care they need. Automated Diagnostic Support: AI can assist in the rapid diagnosis of conditions based on symptoms, medical imaging, and other data, helping to prioritize and expedite care for emergency patients. #NStarX #NStarXInc #NStarXSpain #NStarXHyderabad Angshuman P Suman Kalyan Ganesh Sharma Tyagali Madhu Hittuvalli Sridhar Srigiri NStarX Inc URL: https://nstarxinc.com
AI and Cloud Powered Software Services
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Bridging the technology gap in healthcare is key to providing seamless patient experiences. Learn more in Betakit about how Salesforce’s conversational AI healthcare assistant removes the administrative burden for healthcare providers, leading to better patient outcomes.
H|T: The Healthtech Times – Salesforce launches an AI healthcare assistant
salesforce.smh.re
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Sharing MVRs #QuickTake on Abridge the "AI-powered Electronic Medical Records leader." 🩺 🗝️ Key highlights: 🏥 Adoption by around 5,000 doctors ⏰ Physicians claiming timesaving of 12-16 hours a week 📈 Series C Valued at $850M 🌟 Marquee investors include Lightspeed Venture Partners, Bessemer Venture Partners, CVS Health Ventures, and Spark Capital 🔎 Technological lead offers competitive edge Santosh Rao believes #Abridge holds a pole position in AI-powered Electronic Medical Records (EMR). With training on more than 1.5 million medical encounters, the technological prowess of the platform is established. 🤼 However, intensifying competition from large telehealth public players and private peers could pose challenges. 🌎 Proven operational track record and robust partnerships support growth potential. 🎯 EMR data ensures an additional revenue stream, as AI's predictive capabilities could aid in forecasting disease outbreaks, patient readmissions, and chronic illness progression. 📖 Read and sign up ✍🏼 https://lnkd.in/eaZzwhdY #tech #preipo #siliconvalley #unicorn #MVPALLSTARFUND #mvpvc #mvp #therealmvpvc #venturebytes #allstar #ipo #research #technology #tommorowsipostoday #SecondaryAsAService #saas #SecondariesAsAService #Ai #healthcare #EMR #electronicmedicalrecords Manhattan Venture Partners
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Engagement Delivery Senior Manager at Salesforce | 6x Salesforce Certified | PMP® | CSM® | SAFe® 6 Scrum Master & Agilist
Bridging the technology gap in healthcare is key to providing seamless patient experiences. Learn more in Betakit about how Salesforce’s conversational AI healthcare assistant removes the administrative burden for healthcare providers, leading to better patient outcomes.
H|T: The Healthtech Times – Salesforce launches an AI healthcare assistant
salesforce.smh.re
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