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MultiCare VC Arm Invests in Layer Health for AI Chart Review

The Owner Press by The Owner Press
January 12, 2025
in Newswire
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What You Ought to Know: 

– MultiCare Capital Partners, the enterprise arm of enormous well being system MultiCare, in the present day is saying a strategic funding in Layer Health, a healthcare AI firm specializing in automating chart evaluation. 

– The funding will speed up Layer Well being’s development and broaden the attain of its progressive platform throughout the healthcare trade. Monetary phrases of the funding weren’t disclosed. 

AI-Powered Chart Evaluate

Chart evaluation, a essential activity in healthcare, is commonly a handbook and time-consuming course of. Layer Well being’s AI-powered platform addresses this problem by automating chart evaluation whereas sustaining the very best requirements of privateness and safety. 

Layer Well being’s platform presents a number of key advantages for healthcare organizations:

  • Automation of chart evaluation: Reduces handbook effort and frees up helpful time for healthcare professionals.
  • Improved effectivity: Streamlines workflows and accelerates essential duties corresponding to high quality reporting and medical registry submission.
  • Enhanced accuracy: Reduces the chance of human error in knowledge abstraction.
  • Privateness and safety: HIPAA compliance and SOC II Sort 2 certification make sure the safety of affected person knowledge.

“We’re thrilled to companion with MultiCare as we take the subsequent step in Layer’s journey,” stated David Sontag, CEO, Layer Well being. “Their funding and perception in our mission allow us to broaden our attain, bringing our platform to extra well being methods and additional evolving our product providing. We see an enormous alternative to reshape how healthcare organizations handle chart evaluation, and this funding is a significant milestone in the direction of that aim.”



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