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Augmedix

Augmedix

Augmedix is a technology-enabled service platform that simplifies how physicians work and deal with patients and medical documentation, with physician-wearable technology.

OverviewStructured DataIssuesContributors

Contents

augmedix.com
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Technology
Technology
Electronic health record
Electronic health record
Pharmaceutical industry
Pharmaceutical industry
Health information technology
Health information technology
Healthcare
Healthcare
Artificial Intelligence (AI)
Artificial Intelligence (AI)
...
Location
San Francisco
San Francisco
California
California
B2X
B2B
B2B
CEO
Manny Krakaris
Manny Krakaris
Founder
Ian Shakil
Ian Shakil
Pelu Tran
Pelu Tran
AngelList URL
angel.co/augmedix
Pitchbook URL
pitchbook.com/profiles.../58613-23
Legal Name
AUGMEDIX, INC.
Date Incorporated
October 5, 2020
Number of Employees (Ranges)
201 – 500
Email Address
info@augmedix.com
Phone Number
+18883041227
Full Address
1161 Mission Street Suite Ll San Francisco, CA 94103 United States
CIK Number
1,452,273
Place of Incorporation
Delaware
Delaware
Investors
Trinity Capital
Trinity Capital
0
Dignity Health
Dignity Health
Scott Banister
Scott Banister
TriHealth
TriHealth
Rock Health
Rock Health
OrbiMed
OrbiMed
Emergence Capital Partners
Emergence Capital Partners
DCM Ventures
DCM Ventures
...
DUNS Number
078852929
Founded Date
2012
Total Funding Amount (USD)
82,000,000
Latest Funding Round Date
October 24, 2019
Competitors
KRY (company)
KRY (company)
Cerner
Cerner
USens
USens
Babylon Health
Babylon Health
PatientPing
PatientPing
Wellframe
Wellframe
Maven
Maven
Outcome Health
Outcome Health
...
Business Model
Subscription
Stock Symbol
AUGX
Glassdoor ID
https://www.glassdoor.com/Reviews/Augmedix-Reviews-E1023866.htm
CTO
Saurav Chatterjee
Saurav Chatterjee
CFO
Paul Ginocchio
Paul Ginocchio
Latest Funding Type
Series B
Series B
Wellfound ID
augmedix

Other attributes

Blog
augmedix.com/updates
Company Operating Status
Active
Latest Funding Round Amount (USD)
17,000,000
Partner Organizations
Overview

Augmedix is an artificial intelligence-powered service platform that assists physicians and medical care providers with electronic health record-keeping. Augmedix can be integrated with smartphone applications and Google glass, smart glasses developed by the technology company Google, which allow doctors and other care providers to view patient charts and records without having to access a computer.

Google Glass wearable provided by Augmedix

Google Glass wearable provided by Augmedix

Product

Augmedix works by allowing remote electronic health record (EHR) specialists to observe provider and patient interactions through a smartphone interface or Google Glass. Remote EHR specialists use AI and natural language processing (NLP) speech-to-text to transcribe a patient visit. The Augmedix program also allows the EHR specialist to choose from automated sentences to increase transcription efficacy. After the notation is complete, the AI automates and prioritizes the data to provide organization and structure to the medical chart, and the chart is then uploaded to the hospital's EHR system for provider signature.

Augmedix's product is challenged by the problem of context. Natural language processing is not always able to interpret context, and the algorithms used by Augmedix rely on proximity to identify phrases in a conversation that relate to the same topic This heuristic is not always capable of distinguishing contextual conversation–such as a discussion of low-probability diagnoses being tested for ruling out, versus a potential diagnosis being discussed at the same time. Another can be the use of the pronoun "it" during a discussion or use of a pointing gesture that a human physician can interpret but Augmedix's natural language processing and artificial intelligence cannot necessarily understand.

To help with these challenges, Augmedix uses human input in the form of scribes to do much of the contextual understanding and heavy lifting work while the company develops their natural language processing algorithms for increasing efficiency.

Augmedix is also working to develop their service so it is able to be used on all augmented reality technology and not just Google Glass. These ideas extend to developing their service on more than a single natural language processing program for similar reasons.

Demonstration of Augmedix's technology.

Reverse merger and public announcement

Augmedix went public during a reverse merger with Malo Holdings, a former Augmedix subsidiary, on October 5, 2020. Malo Holdings was a Florida-based company focused on providing commercial support services in the industrial industry. As a part of the merger deal, $25 million was given for private placement.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Augmedix - Montage

https://www.youtube.com/watch?v=hka-a_zso-I

Web

March 18, 2014

Augmedix | Phone & Glass Services

https://www.youtube.com/watch?v=tD6BuoU6aQc

Web

September 27, 2019

Augmedix Story: Dignity Health

https://www.youtube.com/watch?v=ublntnIBJ8w

Web

April 25, 2016

Augmedix Story: Sutter Health

https://www.youtube.com/watch?v=hejHavu6jkY

Web

July 18, 2017

Augmedix Uses AI and Remote Scribes to Improve Clinician Documentation: Interview with Founder Ian Shakil | Medgadget

Cici Zhou

https://www.medgadget.com/2020/03/augmedix-uses-ai-and-remote-scribes-to-improve-clinician-documentation-interview-with-founder-ian-shakil.html

Web

March 11, 2020

References

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