Rapid Care announced it has acquired DeepDoc, an AI platform focused on analyzing and summarizing medical records, as the company looks to deepen its medical record intelligence capabilities and accelerate its broader AI roadmap.
DeepDoc uses machine learning, generative AI, and data intelligence to automate the intake, organization, and synthesis of large volumes of unstructured medical records, according to the company. The platform is designed to convert complex clinical documentation into concise, searchable summaries, which Rapid Care said can reduce manual review time while improving consistency and visibility across case files.
Rapid Care said DeepDoc is used across the insurance and medicolegal markets to support workflows such as claims processing, independent medical examinations, utilization review and legal case preparation. By extracting and structuring key clinical information, the platform aims to enable faster decision-making and help organizations manage administrative complexity at scale.
The acquisition adds to Rapid Care’s portfolio of AI-enabled products and services intended to streamline patient-to-payment operations and strengthen clinical and administrative decision support. Rapid Care framed the deal as part of its continued investment in advanced AI tools that reduce administrative burden for providers, payers and related partners.
Rapid Care also pointed to prior acquisitions as part of the company’s buildout strategy, including iMedx in 2023 and Eagle Eye Transcription in 2022. The company said those deals expanded its capabilities in areas spanning revenue cycle management, clinical documentation, and transcription services supporting medical examinations, records review, and workers’ compensation documentation.
Rapid Care said it has more than 25 years of experience in healthcare information management and combines AI-enhanced technology with human expertise across medical coding, clinical documentation, medical records review, revenue cycle management and data analytics. The company said it is supported by more than 2,200 professionals across four continents.
KEY QUOTES:
“DeepDoc represents a powerful combination of advanced AI and deep healthcare domain expertise. Its ability to rapidly synthesize complex medical records into accurate, actionable summaries delivers immediate value to our customers and aligns with our mission to remove friction across healthcare workflows.”
“This acquisition represents a strategic step forward as we continue to execute our vision of delivering intelligent, end-to-end solutions for healthcare operations. DeepDoc accelerates our AI roadmap, enhances our technical capabilities, and positions us to deliver smarter, faster, and more scalable solutions to the markets we serve.”
Venkat Laxman, President and CEO, Rapid Care
