• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer

  • Opinion
  • Health IT
    • Behavioral Health
    • Care Coordination
    • EMR/EHR
    • Interoperability
    • Patient Engagement
    • Population Health Management
    • Revenue Cycle Management
    • Social Determinants of Health
  • Digital Health
    • AI
    • Blockchain
    • Precision Medicine
    • Telehealth
    • Wearables
  • Startups
  • M&A
  • Value-based Care
    • Accountable Care (ACOs)
    • Medicare Advantage
  • Life Sciences
  • Research

Sword Health Secures $130M, Unveils AI Care Specialist “Phoenix”

by Fred Pennic 06/04/2024 Leave a Comment

  • LinkedIn
  • Twitter
  • Facebook
  • Email
  • Print
Sword Health Secures $130M, Unveils AI Care Specialist "Phoenix"

What You Should Know: 

– Sword Health, a pioneer in AI-powered healthcare delivery, announced a $130M financing round today bringing Sword’s total funding to $340M and propelling the company’s valuation to a staggering $3B– a 50% increase since its Series D round.

– This funding round, coupled with Sword’s near-tripled revenue growth in the past year, unlocks exciting possibilities for the future. The company plans to leverage these resources to revolutionize healthcare delivery and expand AI Care into new 

Introducing Phoenix: The AI Care Specialist

This funding fuels Sword’s mission of democratizing access to high-quality care. Alongside the funding announcement, Sword unveiled Phoenix, its groundbreaking AI Care Specialist. Designed to act as a virtual extension of a clinician, Phoenix personalizes the care experience for patients by:

  • Engaging in natural conversation: Phoenix fosters a dialogue with patients throughout their sessions, assessing their well-being, suggesting adjustments, and offering encouragement.
  • Providing real-time feedback: As patients progress through their program, Phoenix monitors their movements and incorporates verbal feedback to optimize each session within the clinician’s parameters.
  • Generating clinical analysis: After each session, Phoenix summarizes patient data, highlighting trends and actionable insights for human clinicians, enabling them to refine treatment plans.

Addressing a Global Healthcare Gap

With billions worldwide lacking access to quality care, Sword focuses on musculoskeletal issues, pelvic health, and mental health. The company has delivered over 3 million AI-powered care sessions and boasts over 10,000 employer clients across three continents.

Availability and Future Plans

Phoenix will be progressively rolled out throughout 2024, further solidifying Sword Health’s position as a leader in accessible, AI-powered healthcare solutions.

  • LinkedIn
  • Twitter
  • Facebook
  • Email
  • Print

Tagged With: Artificial Intelligence, Care Coordination

Tap Native

Get in-depth healthcare technology analysis and commentary delivered straight to your email weekly

Reader Interactions

Primary Sidebar

Subscribe to HIT Consultant

Latest insightful articles delivered straight to your inbox weekly.

Submit a Tip or Pitch

Featured Insights

2025 EMR Software Pricing Guide

2025 EMR Software Pricing Guide

Featured Interview

Virta Health CEO: GLP-1s Didn’t Kill Weight Watchers, Its Broken Model Did

Most-Read

Lessons Learned from The Change Healthcare Cyberattack, One Year Later

Lessons Learned from The Change Healthcare Cyberattack, One Year Later

Blue Cross Blue Shield of Massachusetts Launches "CloseKnit" Virtual-First Primary Care Option

Blue Cross Blue Shield of Massachusetts Launches “CloseKnit” Virtual-First Primary Care Option

Omada Health Launches "Nutritional Intelligence" with AI Agent OmadaSpark

Omada Health Soars in NASDAQ Debut, Signaling Digital Health IPO Rebound

Medtronic to Separate Diabetes Business into New Standalone Company

Medtronic to Separate Diabetes Business into New Standalone Company

White House, IBM Partner to Fight COVID-19 Using Supercomputers

HHS Sets Pricing Targets for Trump’s EO on Most-Favored-Nation Drug Pricing

23andMe to Mine Genetic Data for Drug Discovery

Regeneron to Acquire Key 23andMe Assets for $256M, Pledges Continuity of Consumer Genome Services

CureIS Healthcare Sues Epic: Alleges Anti-Competitive Practices & Trade Secret Theft

The Evolving Role of Physician Advisors: Bridging the Gap Between Clinicians and Administrators

The Evolving Physician Advisor: From UM to Value-Based Care & AI

UnitedHealth Group Names Stephen Hemsley CEO as Andrew Witty Steps Down

UnitedHealth CEO Andrew Witty Steps Down, Stephen Hemsley Returns as CEO

Omada Health Files for IPO

Omada Health Files for IPO

Secondary Sidebar

Footer

Company

  • About Us
  • Advertise with Us
  • Reprints and Permissions
  • Submit An Op-Ed
  • Contact
  • Subscribe

Editorial Coverage

  • Opinion
  • Health IT
    • Care Coordination
    • EMR/EHR
    • Interoperability
    • Population Health Management
    • Revenue Cycle Management
  • Digital Health
    • Artificial Intelligence
    • Blockchain Tech
    • Precision Medicine
    • Telehealth
    • Wearables
  • Startups
  • Value-Based Care
    • Accountable Care
    • Medicare Advantage

Connect

Subscribe to HIT Consultant Media

Latest insightful articles delivered straight to your inbox weekly

Copyright © 2025. HIT Consultant Media. All Rights Reserved. Privacy Policy |