Regard the Clinical Support Tool, which was previously known HealthTensor has raised $ 15.3 million in a Series A funding round led by Calibrate Ventures and Foundry Group.
Other participants in the raise include TenOneTen Ventures, Susa Ventures, Brook Byers of Byers Capital and Dropbox co-founder and CEO Drew Houston. The startup had earlier announced that it was Seeds raised $ 5 million in early 2021.
What does this mean?
Regard is developing a clinical support tool that integrates with EHR. The agency says it uses artificial intelligence to suggest patient history, relevant surface information and possible diagnostic advice.
Regard’s software is designed to recognize about 50 common medical conditions and is currently partnering with EHR company Epic and Serner.
The startup says the capital will go to new recruits so it can support more clients and integrate its technology more quickly.
Eli Ben-Joseph, CEO and co-founder of Regard, said in a statement, “This round of funding underscores Regard’s goal of creating technologies to enrich and advance healthcare.”
“Healthcare technology today often makes the work of a physician difficult, not easy and takes time away from patient care. We have created Regard as a solution to improve physicians’ workflow and enable them to focus on the most important issues. – Providing the best available care and improving health outcomes. It’s exciting to know that we’ve created software that doctors love to use and look forward to continuing this growth. “
Snapshots of the market
Clinician burnout is a growing serious concern in the wake of the Kovid-19 epidemic. Some research Refers to understanding technology and EHR as part of the problem – although certainly not the only contributor.
Tech giant Google is also working on tools that work to improve the workflow of physicians. In early 2021, it Care Studio Roll Out, a search tool that allows providers to access information across EHRs used in healthcare systems and find relevant data. It also released a mobile version and released the terms earlier this year, which aims to organize information about a specific health concern and highlight where data is missing.
Suki, a voice tool that helps doctors take notes and find information in the EHR, has announced a $ 55 million Series C late last year. Meanwhile, Notable, which aims to automate clinical administrative tasks such as scheduling, referrals and acceptance, raised $ 100 million in November.