Regard Revolutionizes Healthcare with $61M Investment in AI Clinical Insights Platform
July 12, 2024, 9:45 pm
Regard, the AI-powered clinical insights platform, secures $61 million in funding to bridge the gap in healthcare data utilization, enabling clinicians to deliver better care and improve patient outcomes. With strategic investments from Oak HC/FT and Cedars-Sinai Health Ventures, Regard aims to unlock the full potential of patient data and revolutionize clinical decision-making support for doctors.
Regard's platform analyzes vast amounts of patient data, recommending diagnoses and treatment options to clinicians, ultimately enhancing the quality and safety of care in real-time. By streamlining workflows and ensuring accurate documentation, Regard not only improves clinical quality but also boosts hospital revenue.
The healthcare industry is drowning in data, with only a fraction of it being utilized for clinical care. Regard steps in as an intelligent data bridge, leveraging AI technology to generate actionable insights from the sea of patient information. With an average of 50,000 data points per patient, the gap between raw data and clinical insights is significant, but Regard aims to close that divide.
Since its inception in 2021, Regard has made significant strides in the healthcare sector, identifying over three million diagnoses and generating more than $50 million in additional revenue for its partners. The recent partnership with WakeMed Health & Hospitals in North Carolina further solidifies Regard's commitment to expanding its reach beyond traditional hospital settings.
The $61 million investment will fuel Regard's growth in product development, large language model research, and expansion beyond inpatient facilities. With a focus on empowering clinicians and revolutionizing patient care, Regard is poised to transform the healthcare landscape and improve the lives of those in their hands.
Regard's platform analyzes vast amounts of patient data, recommending diagnoses and treatment options to clinicians, ultimately enhancing the quality and safety of care in real-time. By streamlining workflows and ensuring accurate documentation, Regard not only improves clinical quality but also boosts hospital revenue.
The healthcare industry is drowning in data, with only a fraction of it being utilized for clinical care. Regard steps in as an intelligent data bridge, leveraging AI technology to generate actionable insights from the sea of patient information. With an average of 50,000 data points per patient, the gap between raw data and clinical insights is significant, but Regard aims to close that divide.
Since its inception in 2021, Regard has made significant strides in the healthcare sector, identifying over three million diagnoses and generating more than $50 million in additional revenue for its partners. The recent partnership with WakeMed Health & Hospitals in North Carolina further solidifies Regard's commitment to expanding its reach beyond traditional hospital settings.
The $61 million investment will fuel Regard's growth in product development, large language model research, and expansion beyond inpatient facilities. With a focus on empowering clinicians and revolutionizing patient care, Regard is poised to transform the healthcare landscape and improve the lives of those in their hands.