Abridge Provides Yale New Haven Well being, Picks Up $150M Funding

As well being programs race to deploy generative AI options for medical documentation, startups within the house are jockeying for place. A type of distributors, Pittsburgh-based Abridge, has simply picked up a further $150 million funding and a big new buyer in Yale New Haven Well being System. 

The brand new funding comes simply 4 months after Abridge raised $30 million in a Collection B funding spherical. 

Abridge mentioned the take care of the Yale New Haven Well being System, the most important and most complete healthcare system in Connecticut, will give 1000’s of clinicians entry to Abridge for medical documentation. Yale New Haven Well being has chosen Abridge as their generative AI associate on this space of ambient listening. The preliminary deployment might be centered on lowering the cognitive burden of medical documentation, enabling clinicians to spend extra face-to-face time partaking with sufferers as a substitute of computer systems.

In August 2023, Healthcare Innovation interviewed Alistair Erskine, M.D., M.B.A., chief data and digital officer of Atlanta-based Emory Healthcare, about why his group signed an enterprise-wide settlement to make Abridge’s Epic-integrated resolution for note-taking obtainable to Emory clinicians over the subsequent three years. 

“What I used to be shocked about with Abridge, and how much piqued my curiosity, is that its expertise is throughout the board. I needn’t wait till it tells me ‘Okay, we’re good for cardiologists now.’ Proper now, I’ve 20 docs utilizing it, and it is throughout all completely different specialties and I am getting the identical optimistic suggestions from all of them,” Erksine mentioned. (Since that interview, Emory’s Abridge consumer base has grown to greater than 500 docs.)

Abridge mentioned its “Linked Proof” characteristic maps any highlighted area inside a abstract to the substantiating proof within the supply transcript (and thus to the underlying audio). The corporate additionally mentioned it’s creating novel methods to personalize notes, combine extra deeply into the EHR, and supply clinicians with after-visit insights.

The Collection C funding was led by Lightspeed Enterprise Companions, who may even be part of the board. Different new and current traders embrace co-lead Redpoint Ventures, with assist from IVP, Spark Capital, Union Sq. Ventures, Bessemer Enterprise Companions, Wittington Ventures, Mass Basic Brigham Synthetic Intelligence and Digital Innovation Fund (AIDIF), Kaiser Permanente Ventures, and CVS Well being Ventures.