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About Regard
Industries
Data & Analytics
Enterprise Software
Healthcare
Company Size
51-200
Company Stage
Series B
Total Funding
$81.4M
Headquarters
Santa Monica, California
Founded
2017
Overview
Regard provides a platform designed to enhance the efficiency of healthcare providers, such as hospitals and clinics, by utilizing data analytics and automation. The platform analyzes patient data to assist in recommending diagnoses, automating note-taking, and identifying missed revenue opportunities. By managing repetitive administrative tasks, Regard allows healthcare professionals to dedicate more time to patient care. The company operates on a software-as-a-service (SaaS) model, charging subscription fees for access to its platform, which can save clinicians 15-30% of their time and potentially increase hospital revenues by around $100K per user. Unlike many competitors, Regard focuses specifically on improving the accuracy of medical documentation and reducing coding queries, which enhances operational efficiency and financial health for its clients. The goal of Regard is to modernize healthcare practices by streamlining documentation processes and improving diagnostic accuracy.
Simplify's Take
What believers are saying
- AI integration in EHR systems is gaining traction, benefiting Regard's platform.
- AI use in healthcare is expected to grow by 40% in five years.
- Advancements in NLP enhance Regard's capabilities in medical documentation.
What critics are saying
- Increased competition from AI healthcare platforms like Olive and Tempus.
- Challenges in integrating Regard's platform with existing hospital IT systems.
- Data privacy concerns may impact Regard's data access and analytics capabilities.
What makes Regard unique
- Regard automates medical documentation, freeing clinicians to focus on patient care.
- Their AI-backed system reduces coding queries, enhancing diagnostic accuracy.
- Regard's SaaS model ensures a steady revenue stream and scalable solutions.
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Funding
Total Funding
$81.4M
Above
Industry Average
Funded Over
4 Rounds
Industry standards
Growth & Insights and Company News
6 month growth
↑ 3%1 year growth
↑ 8%2 year growth
↑ 8%/PRNewswire/ -- Regard, the AI-powered clinical insights platform that empowers clinicians to unlock the full potential of patient data, announced today the...
Regard Secures Series B Funding to Propel Healthcare AI Innovations - elblog.pl
Regard (formerly known as HealthTensor), a software company developing an artificial intelligence (AI) co-pilot for physicians to help diagnose medical conditions, today announced it has raised $15.3 million in Series A funding.
Regard (formerly known as HealthTensor), a Los Angeles, CA-based software company developing an artificial intelligence (AI) co-pilot for physicians to help diagnose medical conditions, raised $15.3m in Series A funding. The round was led by Calibrate Ventures and Foundry Group, with participation from existing investors TenOneTen Ventures and Susa Ventures, as well as new investors Brook Byers of Byers Capital and Drew Houston
HealthTensor, a Los Angeles, CA-based artificial intelligence company that is creating software to help augment medical decision making, raised a $5m seed round of financing. The round was led by Calibrate Ventures, TenOneTen Ventures, and Susa Ventures with participation from hospitals and physicians. The company intends to use the funds to scale its software engineering and […]
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About Regard
Industries
Data & Analytics
Enterprise Software
Healthcare
Company Size
51-200
Company Stage
Series B
Total Funding
$81.4M
Headquarters
Santa Monica, California
Founded
2017
There are no jobs for Regard right now.
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to Regard