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Scaling Exceptional Healthcare AI Software Company
Business Description
Scaling Exceptional Healthcare AI Software Company
Our Client has developed an AI medical assistant suite of software products that provides solutions customizable for any clinic, medical practice or hospital. Our Client’s suite of products is in use in 12 medical industry facilities, with a user interface that includes both a patient facing and a care team facing interface. The revolutionary "AI agents" are designed to automate clinical and operational workflows that resolve the majority of issues with healthcare.
The system amplifies patient participation while streamlining provider tasks in both the administrative and medical spheres and includes a full AI medical scribe. The flexibility to integrate with almost any EMR (Electronic Medical Record) makes it widely applicable throughout the medical industry. Our Client has strategic partnerships with the prestigious Mayo Clinic and the third largest EMR "Athena Health" which provides access to 160,000+ doctors. The company has raised $37.9M in total capital including $22.5M from funding rounds, with impressive revenue projections showing $107.4M Annual Recurring Revenue by 2027. This company improves all clinic business metrics, most notably increasing profitability from an average of 3% to over 30% net profit. With 28 patents in 14 patent families covering AI technologies and medical automation worldwide, this represents a significant opportunity in a $31 billion addressable healthcare IT market.
NDA required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
The system amplifies patient participation while streamlining provider tasks in both the administrative and medical spheres and includes a full AI medical scribe. The flexibility to integrate with almost any EMR (Electronic Medical Record) makes it widely applicable throughout the medical industry. Our Client has strategic partnerships with the prestigious Mayo Clinic and the third largest EMR "Athena Health" which provides access to 160,000+ doctors. The company has raised $37.9M in total capital including $22.5M from funding rounds, with impressive revenue projections showing $107.4M Annual Recurring Revenue by 2027. This company improves all clinic business metrics, most notably increasing profitability from an average of 3% to over 30% net profit. With 28 patents in 14 patent families covering AI technologies and medical automation worldwide, this represents a significant opportunity in a $31 billion addressable healthcare IT market.
NDA required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
About the Business
- Years in Operation
- 9
- Number of Employees
- 15
- Market Outlook / Competition
- Almost none,
- Opportunities for Growth
- The company has established key strategic partnerships, including a significant relationship with Athena Health that provides access to 160,000+ providers. The above-mentioned collaboration with the Mayo Clinic further validates their technology and approach. The platform offers integration capabilities with major EMR systems, providing extraordinary growth potential with minimal competition in a rapidly expanding healthcare technology market.
About the Sale
- Seller Motivation
- Other software projects the Founder would like to pursue unrelated to healthcare
- Transition Support
- As needed -- specific terms for integration support if required can be negotiated. The Seller wishes to facilitate a successful and smooth investment process.
- Financing Options
- TBD if structure and terms are acceptable.
Listing Info
- ID
- 2366230
- Listing Views
- 1398
Listing ID: 2366230 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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