McKesson Ventures

“Google Glass for doctors” startup raises $23M as it eyes expansion

by | Dec 14, 2016 | Portfolio News

Google Glass startup Augmedix has raised another $23 million in funding, adding new investors McKesson Ventures and OrbiMed. Existing investors and customers include Catholic Health Initiatives, Dignity Health, Sutter Health, and TriHealth.

Augmedix, founded in 2012, pairs doctors and nurses with remote scribes using a Google Glass device. An Augmedix scribe watches the live stream and takes notes as providers see their patients. The point of the service is to allow doctors to have uninterrupted conversations instead of having the distractions of writing notes and completing medical records.

Augmedix says that the time-saving service allows doctors to see up to 25 percent more patients each week.

“You need to help physicians get back their time,” said Pelu Tran, president and co-founder at Augmedix. “When you do that, you will get better outcomes.”

Tran says that after doctors and front desk staff explain to patients about Augmedix’s service, only about 1 percent of patients decline participating. The rest opt in when they hear it works.

Sutter Health is currently Augmedix’s biggest customer. Dr. Albert Chan, who heads up digital patient experience at Sutter, says that doctors save an average of about two hours of charting per day.

Augmedix, a McKesson Ventures portfolio company, develops a real-time assistant application that offers patient telemedicine charting services for doctors and healthcare providers.

Read the full article here.

For additional Augmedix funding coverage, check out the following: