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Regard

Regard

Healthcare technology platform for data analytics

About

Regard provides a platform designed to improve the efficiency of healthcare providers, such as hospitals and clinics, by using 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 enhance hospital finances. The goal of Regard is to streamline medical documentation and improve diagnostic accuracy, ultimately benefiting both healthcare providers and patients.

Company Stage

Series A

Employees

51-200

Industries

Data & Analytics, Healthcare, Enterprise Software

Total Funding

$20.4M

Headquarters

N/A

Founded

2017


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Simplify's Take

What believers are saying

  • Recent Series B funding of $61M positions Regard for significant growth and innovation in healthcare AI.
  • The platform's efficiency improvements allow healthcare professionals to focus more on patient care, potentially leading to better patient outcomes.
  • Regard's ability to enhance hospital finances by reducing coding queries and improving medical record accuracy makes it an attractive solution for healthcare institutions.

What critics are saying

  • The competitive landscape in healthcare technology is intense, requiring Regard to continuously innovate to maintain its edge.
  • Reliance on AI for diagnostic accuracy may face regulatory scrutiny and require rigorous validation to ensure compliance.

What makes Regard unique

  • Regard leverages advanced AI to automate medical documentation and enhance diagnostic accuracy, setting it apart from traditional healthcare solutions.
  • Their SaaS model ensures a steady revenue stream while providing scalable solutions, unlike competitors who may rely on less predictable revenue models.
  • The platform's ability to save clinicians 15-30% of their time and generate an estimated $100K revenue impact per user offers a compelling value proposition.

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%

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