Ambience Healthcare Rakes In $70 Million Series B

<p><strong><span class&equals;"legendSpanClass"><span class&equals;"xn-location">SAN FRANCISCO<&sol;span><&sol;span> <&sol;strong>&&num;8212&semi; Ambience Healthcare&comma; developer of comprehensive AI operating system for healthcare organizations&comma; has announced a <span class&equals;"xn-money">&dollar;70 million<&sol;span> Series B raise co-led by <span class&equals;"xn-person">Kleiner Perkins<&sol;span> and OpenAI Startup Fund&period; The raise also includes existing investors Andreessen Horowitz and Optum Ventures&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Healthcare is one of AI&&num;8217&semi;s most promising opportunities to create an outsized positive impact on the world&period; Ambience Healthcare has built an incredible team to focus on providing a complete ecosystem of products that seamlessly fit into the workflow of practitioners&comma; pushing both AI and medicine forward&comma;&&num;8221&semi; said <span class&equals;"xn-person">Brad Lightcap<&sol;span>&comma; COO of OpenAI and manager of the OpenAI Startup Fund&period;<&sol;p>&NewLine;<p>This announcement comes on the heels of Ambience&&num;8217&semi;s rapidly accelerating commercial progress&comma; including deployments with major healthcare organizations such as UCSF&comma; Memorial Hermann Health System&comma; John Muir Health&comma; The Oncology Institute&comma; GI Alliance&comma; Midi Health&comma; and Eventus WholeHealth&period; A key driver of Ambience&&num;8217&semi;s growth has been the ability to help health systems and large provider groups achieve clear financial ROI as a result of rapid clinician adoption&comma; best-in-class performance&comma; and seamless integrations with leading electronic medical records &lpar;EMRs&rpar;&comma; including Epic&comma; Cerner&comma; eClinicalWorks&comma; Athenahealth&comma; Elation&comma; and AdvancedMD&period;<&sol;p>&NewLine;<p><b>Redefining the Clinician and Patient Experience<&sol;b><&sol;p>&NewLine;<p>The Ambience AI operating system consists of a holistic suite of applications&comma; designed to alleviate clinician burnout&comma; improve overall system efficiency&comma; and enable high-quality care&period; This includes&colon;<&sol;p>&NewLine;<ul >&NewLine;<li>AutoScribe&colon; 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&semi;<br class&equals;"dnr" &sol;><br class&equals;"dnr" &sol;><&sol;li>&NewLine;<li>AutoCDI&colon; A point-of-care CDI assistant that analyzes conversations and past EMR context to ensure that ICD-10 codes&comma; CPT codes&comma; and documentation all appropriately support each other&comma; as well as full audit trails for revenue cycle teams&period;<br class&equals;"dnr" &sol;><br class&equals;"dnr" &sol;><&sol;li>&NewLine;<li>AutoRefer&colon; 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&semi;<br class&equals;"dnr" &sol;><br class&equals;"dnr" &sol;><&sol;li>&NewLine;<li>AutoAVS&colon; An after-visit summary tool that creates comprehensive educational handouts for patients&comma; families&comma; and caregivers&comma; tailored specifically to each visit&comma; and translated into their language of preference&semi;<br class&equals;"dnr" &sol;><br class&equals;"dnr" &sol;><&sol;li>&NewLine;<li>AutoPrep &lpar;coming soon&rpar;&colon; Intelligent pre-charting that equips clinicians with relevant context and suggestions for the visit agenda&comma; along with predictive &&num;8216&semi;suspecting&&num;8217&semi; to unveil potential conditions for screening&period;<&sol;li>&NewLine;<&sol;ul>&NewLine;<p>Working in concert as part of a collective ecosystem&comma; these applications are helping health systems reduce documentation time by an average of 78&percnt;&comma; improve coding integrity&comma; and achieve at least a 5X return on investment&period;<&sol;p>&NewLine;<p>&&num;8220&semi;To truly move the needle on quality&comma; cost&comma; and access&comma; we needed a comprehensive platform that covered every single clinical specialty at each touchpoint&period; From the very first appointment a patient has with one of our clinicians&comma; all the way to the back office operations of how we code and bill&period; Our team rigorously evaluated and pressure-tested the major solutions on the market&period; Ambience was the clear choice&comma;&&num;8221&semi; said Dr&period; <span class&equals;"xn-person">Priti Patel<&sol;span>&comma; Chief Medical Information Officer at John Muir Health&period;<&sol;p>&NewLine;<p><b>What Sets Ambience Healthcare Apart<&sol;b><&sol;p>&NewLine;<p>One of the major challenges for technology in healthcare is that it needs to work well enough to drive widespread end-user adoption&comma; demonstrate measurable time savings&comma; and create a clear financial return on investment&period;<&sol;p>&NewLine;<p>One complication is the scope of medicine that health systems need to support&comma; which may cover dozens of specialties and subspecialties&period; Each department has different care models&comma; workflows&comma; and reimbursement frameworks&period; This poses a serious hurdle for &&num;8220&semi;one-size-fits-all&&num;8221&semi; approaches&comma; which fly blind to these differences&period; What differentiates Ambience Healthcare is how meticulously it&&num;8217&semi;s been designed for each individual clinical specialty&period;<&sol;p>&NewLine;<p>For example&comma; in the emergency department&comma; Ambience&&num;8217&semi;s products support non-linear&comma; fast-paced documentation flows&comma; including suspecting&comma; critical care documentation&comma; and consults with paramedics and&sol;or other specialists&period; Other key technical product features include the ability to&colon;<&sol;p>&NewLine;<ul >&NewLine;<li>Manage simultaneous speakers&comma; multiple languages&comma; and translators<&sol;li>&NewLine;<li>Operate robustly through intermittent wifi<&sol;li>&NewLine;<li>Interleave between concurrent visits<&sol;li>&NewLine;<li>Extract structured data from conversations<&sol;li>&NewLine;<&sol;ul>&NewLine;<p>By customizing the Ambience AI operating system for each clinical specialty&comma; healthcare systems have seen rapid adoption among clinicians&period;<&sol;p>&NewLine;<p>&&num;8220&semi;It feels like I have the world&&num;8217&semi;s best medical scribe for Urology&comma; the world&&num;8217&semi;s best CDI expert for Urology&comma; and the world&&num;8217&semi;s best patient experience specialist for Urology at my side for every single visit&comma;&&num;8221&semi; said <span class&equals;"xn-person">Richard Long<&sol;span>&comma; MD a Urologist at John Muir Health&period;<&sol;p>&NewLine;

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