Assort Health Nabs $50m To Automate Patient Phone Calls, Sources Say

Assort Health, a startup that uses AI to automate diligent connection for specialty healthcare practices, has raised astir $50 cardinal successful a Series B information astatine a valuation of $750 million, according to 3 sources acquainted pinch nan deal. The latest round, which comes conscionable 4 months aft nan institution raised its $22 cardinal Series A, was led by Lightspeed Venture Partners, these group said.

The company’s AI sound agents are designed to return complete high-volume, repetitive tasks for illustration scheduling, cancellations, and often asked questions usually managed by beforehand table staff, allowing quality unit to attraction connected much analyzable aliases delicate diligent interactions.

Assort Health is 1 of respective startups that precocious raised caller backing to usage AI to alleviate diligent telephone telephone measurement for aesculapian offices.

Just past week, EliseAI, which automates customer services for existent property and healthcare agency beforehand desks, announced that it secured a $250 cardinal Series E led by Andreessen Horowitz, valuing nan institution astatine $2.2 billion. Hello Patient, different AI-powered adjunct for aesculapian offices, raised a $20 cardinal Series A earlier this period astatine a $100 cardinal valuation led by Scale Venture Partners, according to a personification acquainted pinch nan deal.

The healthcare manufacture is progressively embracing AI solutions, arsenic seen successful nan increasing take of aesculapian scribes from companies for illustration Abridge and Ambience Healthcare. Investors are now betting that diligent connection will beryllium nan adjacent awesome area for AI implementation.

Since Assort Health serves mini and mean specialty attraction offices that often person agelong hold times, accelerated responses by an AI supplier whitethorn thief these offices suffer less patients to competing practices.

While Assort Health’s yearly recurring gross (ARR) is only a small much than $3 million, nan institution is increasing quickly, according to 2 sources. The startup initially focused connected orthopedic and beingness attraction offices, but has precocious expanded its offerings to different specialties, including Ob-Gyn, dermatology, and dentistry.

Assort Health was founded 2 years agone by Jon Wang, a erstwhile aesculapian student who traded his way successful medicine for nan world of startups, and Jeff Liu a erstwhile Facebook engineer.

Lightspeed Venture Partners and Assort Health didn’t respond to a petition for comment.