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Artificial Intelligence in Healthcare | News, Analysis, Insights - HIT Consultant

RevelAi Health Closes $3.1M to Scale its Conversational AI Platform for Musculoskeletal Care

by Fred Pennic 06/20/2025 Leave a Comment

RevelAi Health Closes $3.1M to Scale its Conversational AI Platform for Musculoskeletal Care

What You Should Know:  - RevelAi Health, a conversational artificial intelligence (AI) platform built for musculoskeletal care, has closed an oversubscribed $3.1M seed round led by Ulu Ventures and Symphonic Capital, with participation from Orthopedic VC, Sand Hill Angels, and a consortium of nationally recognized orthopedic surgeons. - The company is tackling the largest area of U.S. healthcare spending—musculoskeletal disorders, which exceed $420B annually—by providing a 24/7
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Layer Health and Intermountain Health to Deploy AI for Clinical Data Abstraction

by Fred Pennic 06/20/2025 Leave a Comment

Layer Health and Intermountain Health to Deploy AI for Clinical Data Abstraction

What You Should Know:  - Layer Health, an artificial intelligence (AI) company in healthcare announced a strategic collaboration with Intermountain Health, one of the nation’s top integrated health systems. The collaboration includes a strategic investment from Intermountain Ventures, Intermountain’s innovation and venture capital arm, and a multi-year initiative to deploy the Layer Health AI platform across multiple clinical registries. - The partnership aims to improve the accuracy,
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Commure Raises $200M to Accelerate AI-Powered RCM Platform

by Fred Pennic 06/19/2025 Leave a Comment

Commure and HealthTap to Launch Unified Virtual and In-Person Care Solution

What You Should Know:  - Commure, the fast-growing enterprise AI healthcare technology company, today announced it has secured $200M in growth financing from General Catalyst’s Customer Value Fund (CVF). The funding will be used to meet the surging demand for Commure’s full-stack AI platform, which spans revenue cycle management (RCM), ambient AI clinical documentation and workflows, and practice management solutions. - The CVF transaction enables Commure to scale its investment in
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Abridge’s AI Assistant Expands to Inpatient Notes and Orders in Epic

by Fred Pennic 06/19/2025 Leave a Comment

Abridge's AI Assistant Expands to Inpatient Notes and Orders in Epic

What You Should Know:  - Abridge, a generative AI platform for clinical conversations, is expanding its capabilities to support inpatient care settings and to queue up outpatient orders.  - The extension of its platform is part of the Workshop program, through which Epic and Abridge have collaborated to develop new, innovative healthcare technologies that are piloted and refined before wider release. Abridge Inside for Inpatient: Bringing AI Documentation to the
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Glytec Secures $36M to Advance AI-Powered Diabetes Care and Inpatient Glycemic Management

by Jasmine Pennic 06/18/2025 Leave a Comment

Glytec Secures $36M to Advance AI-Powered Diabetes Care and Inpatient Glycemic Management

What You Should Know:  - Glytec, a provider of an AI-powered technology platform for diabetes and related conditions, secures a $36M growth investment led by Savitr Capital and Hayfin Capital Management.  - The funding will fuel the continued expansion of Glytec’s platform, including its flagship Glucommander® SaaS solution, and accelerate the development of innovative new technologies. The investment comes as healthcare systems face increasing pressure to improve inpatient
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Artera Launches Real-World Registry to Track AI’s Impact in Cancer Care

by Jasmine Pennic 06/18/2025 Leave a Comment

Artera Launches Real-World Registry to Track AI’s Impact in Cancer Care

What You Should Know:  - Artera, the developer of multimodal artificial intelligence (MMAI)-based prognostic and predictive cancer tests, today announced the launch of its DIRECT-AI registry study. This new study will assess how the ArteraAI Prostate Test influences treatment decision-making between clinicians and patients with localized prostate cancer. - The study will also monitor participants to evaluate their long-term cancer outcomes, reinforcing Artera's commitment to advancing
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Nabla Raises $70M to Build an “Agentic” AI Assistant for Clinicians

by Fred Pennic 06/17/2025 Leave a Comment

Nabla Raises $70M to Build an "Agentic" AI Assistant for Clinicians

What You Should Know:  - Nabla, one of the most widely adopted AI assistants in clinical care secures $70M in Series C funding led by HV Capital, with Highland Europe joining as a key investor, alongside DST Global, and existing investors Cathay Innovation, and Tony Fadell’s Build Collective. The funding brings Nabla’s total capital raised to $120M. - The new capital will accelerate product development, fuel growth across Nabla’s technical and go-to-market teams, and support strategic
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Sword Health Raises $40M, Launches AI-Powered Mental Health Solution “Mind”

by Fred Pennic 06/17/2025 Leave a Comment

Sword Health Raises $40M, Launches AI-Powered Mental Health Solution "Mind"

What You Should Know:  - Sword Health, the world’s leading AI Care company raises $40M funding round at a $4B valuation, led by General Catalyst.  - The company also unveiled Mind, a revolutionary mental health solution that combines AI and licensed clinicians to deliver continuous, personalized care, aiming to transform mental health from episodic talk therapy to a proactive, always-on support system. - The new funding will accelerate the evolution of Sword's AI Care model,
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HOPPR Secures $31.5M to Scale its AI Medical Imaging Development Platform

by Fred Pennic 06/17/2025 Leave a Comment

HOPPR Secures $31.5M to Scale its AI Medical Imaging Development Platform

What You Should Know:  - HOPPR, the company revolutionizing how AI imaging applications are built, validated, and deployed secures $31.5M in an oversubscribed Series A funding round led by Kivu and Greycroft, with participation from PSG Equity, Morningside Capital, Fortitude Ventures, and existing investor Health 2047. - HOPPR intends to accelerate platform development, scale operations, expand its foundation model capabilities, and grow its team of top-tier talent. Addressing a
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Erlanger Partners with Qventus to Drive Surgical Growth and Patient Access with AI

by Jasmine Pennic 06/17/2025 Leave a Comment

Qventus Secures $105M to Advance AI Assistants for Optimal Health System Efficiencies

What You Should Know:  - Erlanger, a nationally-acclaimed, multi-hospital health system, today announced a strategic partnership with Qventus, the industry’s premier provider of AI-based care operations automation software. The collaboration is aimed at driving strategic surgical growth and increasing patient access to advanced, minimally invasive da Vinci procedures. - The investment in Qventus’ Surgical Growth Solution is part of Erlanger’s commitment to leveraging the latest AI
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