dilluns, 25 d’abril del 2016

Google Glass startup Augmedix raises $14m in strategic investment round

AugmedixGoogle Glass startup Augmedix said today it closed a $14 million strategic round of funding with investments from 5 healthcare systems across the U.S. to support its Google Glass-powered service.

The company aims to help physicians to spend more time with patients and less time “feeding the beast” that is the electronic health record system. claiming the experience will help “rehumanize” the physician experience.

“We take our mission to transform healthcare very seriously, and are proud to align our goals and service with some of the most innovative healthcare systems in the country who share our passion. We believe that delivering quality, personalized patient care shouldn’t be at odds with maintaining state-of-the-art electronic health records – both are important. With our wearable solution, healthcare organizations have the technology tools necessary to drive EHR efficiencies, enhance services and improve patient care, all at the same time,” CEO Ian Shakil said in a prepared statement.

Augmedix said the round was led by the Redmile Group, with participation from founding institutional investors Emergence Capital and DCM Ventures, as well as healthcare systems Sutter Health, Dignity Health, Catholic Health Initiatives and TriHealth Inc.

“I have spent nearly a decade evaluating and investing in leading health IT companies. There are few technology solutions in healthcare that deliver both the level of customer delight and meaningful ROI that Augmedix provides. Today’s announcement is further validation that Augmedix has created a groundbreaking solution to one of the biggest challenges in healthcare today,” Emergence Capital general partner Kevin Spain said in a press release.

The company claims that the use of Google Glass units enhances the doctor-patient interaction, improves electronic health record quality and saves time. Augmedix said it now serves 100s of physicians across nearly all 50 states.

“At Dignity Health, we are committed to developing partnerships that harness the great potential of technology and apply it in ways that help patients and providers make better day-to-day decisions about care. The use of Google Glass and Augmedix allows our doctors to spend more time with patients by eliminating the distraction of entering information into a patient’s electronic medical record on the computer. This enables our healthcare providers to give more focused attention to our patients and results in a better patient experience,” ,” Dignity Health chief medical information officer Dr. Davin Lundquist said in prepared remarks.

“Today’s investment by this unprecedented number of leading health care systems signals strong confidence in Augmedix and its disruptive mission to rehumanize the doctor-patient relationship,” DCM Ventures general partner Peter Moran said in a prepared release.

The post Google Glass startup Augmedix raises $14m in strategic investment round appeared first on MassDevice.



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