HealthTensor raises $ 5 million for its AI-powered medical diagnostic tools

HealthTensor, an artificial intelligence company creating software to help increase medical decision making, has raised $ 5 million in a funding round led by Calibrate Ventures, TenOneTen Ventures and Susa Ventures.

WHY IS IT IMPORTANT

The cycle also includes hospitals and doctors, including a chief medical officer at Amazon Health. The funds will be used to scale the company’s engineering and software implementation team to meet demand from major healthcare systems, the vendor said.

HealthTensor’s software works between doctors and a given patient’s raw medical data treasures, which is often more than a doctor can handle. The company uses advanced algorithms to perform AI-based diagnosis in an effort to ensure that no medical condition is overlooked. The software was designed with the physician’s workflow in mind, enabling frictionless adoption of the product by users, the company said.

“HealthTensor makes me a better doctor because it allows me to spend less time in front of the computer and more time in front of the patient,” said Dr Tasneem Bholat, one of the early adopters of the HealthTensor software. “HealthTensor synthesizes all of the data in the patient’s chart, preventing me from taking a biopsy of the chart and revealing diagnoses that I might have otherwise missed.”

The company’s software is currently integrated into several hospitals and will expand to more in the coming months, the vendor said.

THE BIGGEST TREND

The use of AI in healthcare has increased throughout 2020. According to some experts, 2021 could be a big year for AI and machine learning.

“AI had become legendary, but 2021 is shaping up to be the year when it could take on its full meaning in the healthcare sector, as well as the use of automation,” said Dr Sam Shah, director of medical strategy at Numan and former director of digital development at the NHSX. “Over the next year or so, we’ll likely see more solutions that support not only imaging, but also report quality, as well as greater use of natural language processing.

“The combination of these technologies will help improve the efficiency of health systems as they begin to recover from the pandemic,” he said.

ON THE RECORD

“We see HealthTensor as an AI-based resident physician who specifically focuses on the tedious, data-driven aspects of medicine, which computers do best,” said Eli Ben-Joseph, co-founder and CEO of HealthTensor.

“Many physicians are forced to spend most of their day focusing on aggregating data from medical records, resulting in missed diagnoses, patient dissatisfaction and burnout. HealthTensor allows the physician to focus on the conceptual and emotional aspects of medicine, which is what humans do best. “

“HealthTensor makes life easier for physicians and helps provide better patient care, ultimately generating revenue for hospitals, making it one of the few startups with huge global potential for patients and providers. healthcare, ”said Jason Schoettler, general partner of Calibrate Ventures.

Twitter: @SiwickiHealthIT
Email the author: [email protected]
Healthcare IT News is a publication of HIMSS Media.



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