GenAI radiology workflow company Rad AI announced that it has secured $50 million in Series B funding led by Khosla Ventures, bringing the company's total funding to more than $80 million.
WiL (World Innovation Lab) participated in the round along with existing investors OCV Partners, Gradient Ventures (Google's AI-focused fund), Kickstart Fund, and ARTIS Ventures.
Rad AI provides radiologists with generative AI tools that help streamline workflows such as physician dictation and follow-up care management.
“At Rad AI, we have built the most widely adopted generative AI solution in healthcare, saving doctors time and improving patient care,” said Rad AI Co-Founder and CEO. Dr. Gerson of ) said in a statement. “Over the past five years, Rad AI has become a mission-critical part of healthcare system workflows. This strategic funding round further solidifies our position as the leading platform for AI-driven workflows in healthcare. Become.“
Shift Healthcare, a Milwaukee-based provider of medical billing and revenue cycle management services, has secured $20 million in a Series B funding round.
B Capital led the round, with participation from existing investors First Trust Capital Partners, Allos Ventures, and Rock River Capital.
The company offers an AI-enabled Payments Intelligence platform that enables healthcare organizations to connect clinical and payment data and see where clinical inputs and financial outcomes converge.
Sift plans to use the funding to expand its team and grow its AI technology.
“With B Capital's support, Sift will expand our payments intelligence platform in new and existing markets, expand our influence within the revenue cycle, and improve how providers use data to optimize payment outcomes. We are well-positioned to transform,” said founder and founder Justin Nichols. Shift Healthcare's CEO said in a statement:
In-House Health, an AI-powered scheduling and management platform for nursing teams, announced that it has raised $4 million in seed funding led by TMV and NEA, bringing its total funding to $5.4 million.
Pre-seed investors Longevity Venture Partners and Vine Ventures participated in the round.
The company provides AI technology that helps healthcare providers and hospitals with staffing workflows, such as predicting shift changes and identifying patterns in bedside care.
The goal is to help nursing teams work more efficiently, spend less time coordinating schedules, and reduce labor costs.
„While there have been previous attempts to disrupt this market, we are focused on reducing reliance on third parties and providing real-time clinical demand forecasting in-house,“ NEA partner Blake Wu said in a statement. I think it's unique.“ “We see this as a great opportunity to support a category-defining clinical workforce optimization company and are excited to see Inhouse lead the way in modernizing hospital staffing. .”
OptMyCare, an AI-powered analytics and risk stratification company focused on chronic diseases, raises $3 million in Series A funding in a round led by LiveOakVentures, bringing total funding to $4.5 million. became.
The company's algorithms analyze procedures and billing costs associated with diagnosing 55 chronic conditions, helping patients, payers, and providers identify and mitigate risks, improve workflows, and reduce healthcare costs. Helpful.
The funding will enable the company to advance its customer acquisition plans, improve its technology, expand its management team and add members to its board of directors.