Transforming radiology, this startup has bagged $4 million for enhancing experiences for both radiologists and their patients.
FREMONT, CA: Rad AI has transformed radiology with the most advanced progressions in technology. The company has secured $4 million seed round by Gradient Ventures, Google's AI-focused venture fund along with Array Ventures, Hike Ventures, Precursor Ventures, GMO Venture Partners, Investors UP2398, Fifty Years VC and various angels who participated in the investment. With radiology enduring severe hardships, ranging from lowering reimbursements to market consolidation, Rad AI will significantly improve productivity while alleviating radiologist burnout and advancing report precision. The company understands that working intimately with radiologists can make a definite impact on the patient.
Rad AI employs state-of-the-art ML for automating repetitious tasks for radiologists, offering them more time to center on accurate and appropriate diagnoses for patients. The first product creates the impression section of radiology records automatically, customized precisely to the preferred language of all radiologists. Initial customers have also shown notable alleviation in radiologist burnout, turnaround time, and failure rates while improving radiologists' well-being and patient care.
Rad AI's prevailing partners comprise Bay Imaging Consultants, Einstein Healthcare Network, Greensboro Radiology, and Medford Radiologyone of the most pre-eminent private radiology companies in the U.S. with other radiology groups yet to be declared. Product rollouts have established an average of 20% time-savings on the interpretation of CTs and 15% time-savings on radiographs while translating into an hour a day saved for every radiologist.
Rad AI is on a mission to improve patient results and access to quality healthcare by applying state-of-the-art AI to radiology, which is a critical component of medical diagnosis and treatment. Created by radiologists and for radiologists, Rad AI's products make life better for both radiologists and the patients they serve. The company is boosting radiologist effectiveness and precision, reducing turnaround time for patients while also mitigating burnout for radiologists. Rad AI is completely transforming radiology with the advancement in technology.