Aidoc has raised $150 million for its Healthcare Foundation Model, CARE, which aims to improve clinical decision-making for 100 million patients. This funding, led by General Catalyst and Square Peg, brings Aidoc’s total to $370 million and will accelerate CARE’s development and expand aiOS, the company’s enterprise platform for clinical AI.
Aidoc’s mission is to reduce diagnostic errors and enhance patient outcomes. CARE-powered solutions have received FDA clearance and are currently serving over 45 million patients across 150+ health systems, with a target of reaching 100 million patients within three years.
The clinical AI addresses challenges such as diagnostic errors and physician shortages by enhancing decision-making and automating follow-up tasks.
CARE is expected to cover 90% of clinically relevant diseases within three years. Aidoc plans to invest over $150 million to bring CARE to market, leveraging partnerships with NVIDIA and AWS. The aiOS platform allows health systems to deploy and manage various AI solutions, with 69% of customers already using non-Aidoc models. This investment marks a significant advancement in the integration and impact of clinical AI.
KEY QUOTES:
“Our mission is to reduce diagnostic errors and improve patient outcomes. CARE compresses decades of roadmap into years, bringing forward a future where AI supports every patient encounter, helping physicians provide the care they believe their patients deserve.”
“We’re not doing this alone. aiOS is an ecosystem-driven platform, built to host both Aidoc and external solutions. Today, 69% of our customers are running non-Aidoc models on aiOS, and we’re committed to growing that ecosystem, ensuring each solution we onboard will lead to significant clinical impact.”
Elad Walach, Chief Executive Officer of Aidoc
“At Hartford HealthCare, we have seen the significant impact that AI has had on outcomes, and we believe the future of healthcare must be grounded in trust, innovation and compassion. Our Center for AI Innovation in Healthcare and our collaboration with Aidoc reflect our commitment to advancing AI in a safe, scalable and thoughtful way, supporting clinicians and improving care for those we serve.”
Jeffrey A. Flaks, President and Chief Executive Officer of Hartford HealthCare
“Aidoc is an important partner as we seek to fulfill our system-wide commitments to improve patient outcomes, enable our healthcare workers to be at their best and stay at the forefront of tech-powered healthcare transformation. In one year, Aidoc has helped our radiologists to analyze more than 200,000 cases, making efficient the work of scanning what can sometimes be thousands of images per case, leading to a significant reduction of critical diagnosis delays.”
Roxanna Gapstur, PhD, RN, President and Chief Executive of WellSpan Health
“Model accuracy is paramount when touching the core of a physician’s work. Foundation models will soon be as ubiquitous in healthcare as ChatGPT is in general use. Scaling clinical AI is an enormous lift – it requires top-tier talent, powerful infrastructure, deep real-world insight and sustained funding. Success isn’t guaranteed, but we believe we’re in a unique position to bring this vision to life, and we feel a deep responsibility to do so.”
Michael Braginsky, Co-founder and Chief Technology Officer of Aidoc
