Regard

Regard

Healthcare technology platform for data analytics

About

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 recommend diagnoses, automate note-taking, and identify missed revenue opportunities. This allows healthcare professionals to spend less time on administrative tasks and more time on patient care. Unlike many competitors, Regard 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 significantly improve hospital finances. The goal of Regard is to modernize healthcare practices by improving the accuracy of medical documentation and diagnosis, ultimately benefiting both clinicians and healthcare institutions.

Company Stage

Series B

Employees

51-200

Industries

Data & Analytics, Enterprise Software, Healthcare

Total Funding

$79.2M

Headquarters

Santa Monica, California

Founded

2017


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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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Growth & Insights
Headcount

6 month growth

6%

1 year growth

6%

2 year growth

6%

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