Andor Health Collects Funding for Voice Capture Solutions
Andor Health has completed a Series A funding round led by M12, Microsoft's venture fund, as the company has shown quick growth and success with ThinkAndor, its artificial intelligence and machine learning-powered virtual health platform.
Andor Health's ThinkAndor helps configure the pre- and post-visit patient experience, while the AI virtual assistant delivers relevant clinical content from the electronic health record (EHR) in the virtual health session. ThinkAndor can do the following:
- Bring patient and clinical context from source systems, like the EHR, directly into virtual visits;
- Enable natural language processing for voice-dictated notes and recommend tasks to be pushed into the EHR;
- Configure virtual visits with an AI bot;
- Manage and configure virtual waiting rooms; and
- Enable post-visit triggers and notifications to clinicians and care team members.
"I am proud that Andor chose M12 to lead their Series A round. Their ML-powered virtual patient care platform is already demonstrating positive ROI for their customers, mitigating appointment drop-off and saving physicians time during patient encounters," said Nagraj Kashyap, Microsoft's corporate vice president and global head of M12, in a statement. "While the global pandemic has accelerated the pace of change, virtual health interactions and transactions are here to stay. Andor Health's capabilities are critical in the new normal."
"We are excited to welcome M12 into the Andor Health family," said Raj Toleti, CEO of Andor Health, in a statement. "This investment is not only a validation of ThinkAndor's place serving the present needs of virtual health, but it also ensures an expansion of success in new markets, furthering our ability to help healthcare organizations serve patients better, improve and automate workflows, and work towards an automated feature set that results in better patient care."
Andor's voice app ThinkAndor is now available in Microsoft AppSource and integrated with Microsoft's Teams collaboration platform.