What You Should Know:
- AI workforce management for healthcare provider Olive lands an additional $225.5M in funding, bringing the company’s valuation to $1.5B.
- This latest funding round will enable
Olive to accelerate product development, and the company plans to announce more
capabilities in 2021 to support the entire healthcare ecosystem.
Olive,
the company creating the AI workforce for healthcare, today
announced an additional $225.5M in financing led by Tiger Global
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Olive AI
Olive Raises Another $106M for AI-Powered Digital Employee Platform
What You Should Know:
- The company that built healthcare’s first digital employee, Olive, today announced an additional $106M in financing in a round led by General Catalyst and Drive Capital.
- Hospitals were implementing an AI workforce to manage
administrative tasks before the pandemic started, and recent events have kicked
adoption into overdrive.
- Olive’s quick growth is a testament to hospitals’
urgent need for administrative efficiency as they navigate the public
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Research: Half of Hospital Leaders Plan to Invest in AI by 2021
Half of hospital leaders plan to invest in artificial intelligence (AI) and robotic process automation (RPA) solutions by 2021, according to a new study conducted by Olive AI that reveals AI adoption healthcare is still in its infancy. The study explores how hospital leaders are responding to the imperative to drive efficiency and reduce costs through strategic investments in non-clinical technologies. Conducted in partnership with Sage Growth Partners, the survey respondents included 115
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