AI-powered well being tech Atmosphere secures $70 million in Sequence B funding
AI-powered healthcare startup Atmosphere Healthcare has secured $70 million in its Sequence B funding spherical.
The fundraising was collectively led by US enterprise capital agency Kleiner Perkins and the OpenAI Startup Fund.
It additionally noticed the participation of present traders Andreessen Horowitz and Optum Ventures.
Atmosphere Healthcare's AI working system gives an ecosystem of purposes designed to enhance effectivity and high quality of care inside hospitals and healthcare organizations.
Utilizing a single shared mind, the system addresses structural inefficiencies in very important organizational initiatives resembling prior authorization, utilization administration and scientific trial matching.
With its newest funding, the San Francisco, California-based firm goals to speed up its product roadmap, construct devoted groups for its current and future healthcare system companions, and advance AI foundational fashions for drugs.
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Atmosphere Healthcare has additionally reserved a portion of the proceeds for potential strategic companions, for instance Memorial Hermann, which invested after witnessing the optimistic influence of the platform in varied healthcare settings resembling ambulatory care, inpatient care and the emergency division.
OpenAI chief working officer and supervisor of the OpenAI Startup Fund Brad Lightcap mentioned: “Healthcare is certainly one of AI's most promising alternatives to create an outsized optimistic influence on the world. Atmosphere Healthcare has constructed an unimaginable crew targeted on delivering a whole ecosystem of merchandise that match seamlessly into practitioners' workflows, advancing each AI and drugs.”
In the meantime, Atmosphere Healthcare will additional develop its utility suite, together with the real-time AI medical author 'AutoScribe', the point-of-care CDI assistant 'AutoCDI', the referral letter preparation software program 'AutoRefer' and the post-visit abstract device 'AutoAVS '.
It additionally consists of the upcoming 'AutoPrep', which is able to present clever pre-charting for physicians.
The newest announcement follows Atmosphere's business progress, with deployments at healthcare organizations resembling Memorial Hermann Well being System, UCSF, John Muir Well being, The Oncology Institute, GI Alliance and Eventus WholeHealth.
Final month, digital care clinic Midi Well being partnered with Atmosphere Healthcare to boost its specialty companies with the latter's generative AI platform.
Atmosphere Healthcare will use the funding to speed up its product roadmap and construct devoted groups for healthcare system companions.
