Regard Secures $61M Funding to Improve Disease Detection and Increase Hospital Profits

Are you ready to revolutionize the healthcare industry with cutting-edge technology? In a world where data is considered the new oil, the potential for utilizing patient data to improve outcomes is limitless. Today, we delve into the world of Regard, a digital health startup that is changing the game with its innovative approach to analyzing health data using AI.

Regard’s mission is to help physicians save time and enhance the accuracy of diagnosis by delving deep into patients’ health data. With only 3% of patient data currently being utilized by physicians, the need for efficient data analysis tools has never been more apparent. Regard’s software mines thousands of data points in medical charts, presenting the information in a user-friendly format that enables doctors to detect health conditions more easily.

But Regard’s impact goes beyond just helping doctors. Hospital financial administrators are also benefiting from the company’s services, as the identification of new conditions creates new billing opportunities for medical systems. With an impressive revenue growth of 4.5 times in 2023, Regard is on track to achieve profitability within the next two years.

Investors are also taking notice of Regard’s success, with a recent $61 million Series B funding round propelling the company’s valuation to $350 million. Nancy Brown, a general partner at Oak HC/FT, is particularly impressed by Regard’s ability to directly impact physician productivity, burnout, proper coding, and clinical outcomes.

Regard’s list of clients includes major healthcare systems like Banner Health, Sentara Healthcare, Montefiore Medical Center, and Cedars-Sinai Medical Center. With competitors like Engage One from 3M and Pieces on the horizon, Regard’s innovative approach to health data analysis sets them apart as a leader in the industry.

Join us on this journey as we explore the game-changing potential of Regard and the exciting future of AI in healthcare. Don’t miss out on being a part of this revolutionary shift in the way we approach patient care. Welcome to the future of healthcare with Regard.

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