Investment of $150 Million Secured for CARE Healthcare Foundation's Operational Model
Aidoc, a leading AI company in the healthcare sector, has announced a significant investment of $150 million to advance its Healthcare Foundation Model, CARE, and expand its enterprise-grade clinical AI platform, aiOS™. This funding will propel CARE towards its goal of covering 90% of clinically relevant diseases within three years, ultimately supporting physicians across patient encounters and improving outcomes for millions of patients annually.
CARE: The Future of Clinical AI
CARE is a foundational clinical AI model designed to transform clinical decision-making. Backed by the latest funding, CARE aims to broaden its disease coverage significantly, positioning itself to serve over 100 million patients within the next three years. The investment will accelerate CARE’s market introduction and the expansion of aiOS, an enterprise AI operating system designed for scale and interoperability.
aiOS: An Open Platform for Clinical AI Solutions
The aiOS platform is an ecosystem-driven clinical AI operating system, currently serving over 150 health systems globally. Remarkably, 69% of aiOS users are already running non-Aidoc models, underscoring its role as an open platform supporting external AI solutions alongside Aidoc’s offerings. This positions aiOS as a central infrastructure for responsible AI governance and integration within healthcare organizations' workflows.
Strategic Partnerships for AI Excellence
To enhance CARE and aiOS capabilities, Aidoc has formed strategic partnerships with tech giants NVIDIA and Amazon Web Services (AWS). With NVIDIA, Aidoc collaborates on the development of BRIDGE guidelines, aiming to standardize AI implementation across health systems, ensuring reliable, scalable AI deployment. AWS supports the cloud infrastructure and scalable computing resources needed for high-performance AI development and real-time inference.
Aidoc's Mission and Impact
At its core, Aidoc's mission is to reduce diagnostic errors and enhance patient outcomes. CARE-powered solutions have already received FDA clearance and are currently serving over 45 million patients across 150+ health systems. Hartford HealthCare's President and CEO, Jeffrey A. Flaks, believes Aidoc is an important partner in improving patient outcomes and staying at the forefront of tech-powered healthcare transformation. Similarly, Roxanna Gapstur, President and CEO of WellSpan Health, sees foundation models becoming as ubiquitous in healthcare as ChatGPT is in general use.
The Road Ahead for AI in Healthcare
Scaling clinical AI requires top-tier talent, powerful infrastructure, deep real-world insight, and sustained funding, according to Roxanna Gapstur. With the recent funding, Aidoc is well-positioned to lead a new era of scalable, interoperable, and clinically impactful AI in healthcare, ultimately improving clinical outcomes and system-wide AI governance for millions of patients annually.
This funding brings Aidoc's total to $370 million, a testament to the company's commitment to revolutionizing healthcare through AI. The partnership between Aidoc and these healthcare providers aims to bring AI innovations to a wider patient base, making AI an integral part of clinical decision-making and ultimately improving patient outcomes. Hartford HealthCare's Center for AI Innovation in Healthcare is a commitment to advancing AI in a safe, scalable, and thoughtful way.
References: [1] Aidoc Press Release: [Link] [2] NVIDIA Press Release: [Link] [3] AWS Press Release: [Link] [4] MedTech Dive Article: [Link] [5] MobiHealthNews Article: [Link]
The investment received by CARE will facilitate its expansion to serve over 100 million patients within three years, marking a significant leap in the integration of clinical AI solutions within healthcare businesses. With the strategic partnership with tech giants like NVIDIA and Amazon Web Services, Aidoc aims to lead in the development of scalable and interoperable AI technology for finance-driven investing in healthcare, ultimately shaping the future of business through technology.