Summarize this content material to 1000 phrases Healthcare AI firm Layer Well being, spun out of MIT, introduced its launch with $4 million in funding from GV (Google Ventures), Basic Catalyst and Inception Well being.
WHAT THEY DO
Layer Well being’s AI platform, dubbed Distill, constructed on machine studying algorithms that leverage massive language fashions, goals to streamline the chart evaluation course of from unstructured knowledge.
The expertise will be built-in into current merchandise and goals to assist with high quality measurement, curation of real-world proof, income cycle administration, high quality measurement and registry submissions with out the necessity for labeled knowledge.
The corporate is led by David Sontag, Layer Well being’s CEO and a professor at MIT, who has revealed greater than 100 papers on AI and machine studying.
Its management crew consists of Luke Murray, who constructed MedKnowts and Know Your Information at Google, and Monica Agrawal, who beforehand constructed ML fashions for oncology-focused digital well being firm Flatiron Well being.
A number of firms are using AI to enhance medical workflow, together with Dallas-based Items Applied sciences, a healthcare generative AI firm for care groups.
Earlier this month, the corporate introduced it included Amazon Net Providers’ genAI choices to create Sculpted AI. This platform can tailor to well being programs’ specs and embeds AI inside digital well being file medical workflows.
In March, New York-based well being expertise firm Florence, which focuses on medical capability administration, launched with $20 million in seed funding in a spherical led by Google Ventures, Thrive Capital and Salesforce Ventures.
Florence’s platform is extra patient-facing, permitting them to trace their healthcare journey utilizing a smartphone. Sufferers can full consumption kinds, fill prescriptions, replace their medical info and schedule follow-up appointments to assist ease the medical workflow for suppliers.
Layer Well being launches with $4M from Google Ventures, Basic Catalyst
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