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Microsoft Venture Fund M12 has led the financing of Series A in Andor Health, the company that harnesses human and machine intelligence to change the way care teams connect and collaborate.
Financial details of the funding round were not disclosed, but Andor Health said the M12 investment comes because it has shown rapid growth and success with ThinkAndor, its virtual health program based on artificial intelligence and machine learning.
“I am proud that Andor chose M12 to lead their Series A round. Their ML-powered virtual patient care platform is already demonstrating positive ROI for their clients, mitigating skip visits and saving time for clinicians. during patient encounters, ”said Microsoft’s corporate vice president and global head of M12. Nagraj Kashyap.
Andor Health’s ThinkAndor uses artificial intelligence and machine learning to help shape the patient experience before and after the visit, while the artificial intelligence virtual assistant delivers relevant clinical content from the electronic health record (EHR) in the health session virtual. ThinkAndor improves virtual care delivery in several unique ways, including:
- Safely bring the clinical and patient context from source systems, such as the EHR, directly to virtual visits
- Enable natural language processing for voice dictated notes and recommend tasks for entry into the EHR
- Virtual Tour AI / Bot Driven Configuration
- Manage and configure a virtual waiting room
- Enable triggers and post-visit notifications to physicians and members of the care team.
“We are very excited to welcome M12 to the Andor Health family,” said Raj Toleti, CEO of Andor Health. “This investment is not only a validation of ThinkAndor’s place serving today’s virtual health needs, but also ensures successful expansion into new markets, increasing our ability to help healthcare organizations deliver better patient service, improve and automate workflows, and work toward an automated feature set that translates into better patient care.
M12 invests in enterprise software companies primarily in the Series A to C funding stages with a focus on applied AI, business applications, infrastructure, security and cutting edge technologies. It has offices in San Francisco, Seattle, London, Tel Avivand Bengaluru. – BusinessNewsAsia.com
