Ambience Healthcare, a San Francisco, Ca-based provider of an AI operating system for healthcare organizations, raised $70M in Series B funding.
The round, which brought the total amount to $100M, was led by Kleiner Perkins and OpenAI Startup Fund with participation from existing investors Andreessen Horowitz and Optum Ventures, as well as Memorial Hermann.
The company intends to use the funds to expand operations and its business reach.
Founded in 2020 by Mike Ng and Nikhil Buduma, Ambience provides an AI operating system that consists of a suite of applications, designed to alleviate clinician burnout, improve overall system efficiency, and enable high-quality care. This includes:
- AutoScribe: A real-time AI medical scribe that generates comprehensive notes across all clinical specialties–including emergency medicine and hospital medicine–and integrates directly with all major EMRs;
- AutoCDI: A point-of-care CDI assistant that analyzes conversations and past EMR context to ensure that ICD-10 codes, CPT codes, and documentation all appropriately support each other, as well as full audit trails for revenue cycle teams.
- AutoRefer: AI software that improves handoffs by composing clinically relevant and well-organized referral letters to specialists for expert consult and from specialists back to primary care for long term management;
- AutoAVS: An after-visit summary tool that creates comprehensive educational handouts for patients, families, and caregivers, tailored specifically to each visit, and translated into their language of preference;
- AutoPrep (coming soon): Intelligent pre-charting that equips clinicians with relevant context and suggestions for the visit agenda, along with predictive ‘suspecting’ to unveil potential conditions for screening.
FinSMEs
06/02/2024