LOS ANGELES, February 2, 2021 / PRNewswire / – HealthTensor, an artificial intelligence company that creates software to help increase medical decision-making, today announced it has raised a $ 5 million seed funding round led by Calibrate Ventures, TenOneTen Ventures and Susa Ventures. The cycle also includes top-rated 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.
HealthTensor’s software acts as an intelligence layer between physicians and a given patient’s raw medical data treasures, which is often more than a physician can handle. HealthTensor uses advanced algorithms to perform AI-based diagnosis, ensuring that no medical condition is overlooked. It was designed from the ground up with the physician’s workflow in mind, enabling frictionless adoption of the product by users.
“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 first users 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.”
To date, HealthTensor has helped physicians write over 2,000 notes and identified neglected medical conditions 95% of the time. HealthTensor’s software is currently integrated into several hospitals and will expand to many more in the coming months.
“We think of HealthTensor as an AI-powered 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, generating revenue for hospitals, making it one of the few startups with huge global potential for patients and healthcare providers. “, said Jason schoettler, general partner at Calibrate Ventures.
“It’s rare to see a tool that benefits multiple constituencies within a hospital or medical system, but HealthTensor has done just that,” said David waxman, partner of TenOneTen Ventures. “HealthTensor’s software is helping improve clinical outcomes, benefiting patients, physicians and hospitals, and we see great potential for the company as it expands into more examination rooms. “
HealthTensor builds AI-powered healthcare, starting with diagnostic algorithms. HealthTensor’s product analyzes physician notes and lab results to accurately diagnose patients and rewrites diagnoses, including required billing data, into the medical record. It is the only product on the market that saves physicians time, improves patient outcomes and increases revenue. HealthTensor is blazing a trail to bring top-notch medicine to every doctor and patient around the world.
SOURCE health tensor