About Our AI-Powered Clinical Documentation Series
AI-powered physician documentation tools are one of the most promising applications for artificial intelligence – particularly generative AI – in healthcare. These tools are primed for adoption due to their impact on improved efficiency, positive user feedback, and potential to transform clinical workflows. AI-powered documentation tools leverage ambient listening technology to automate and streamline the process of creating clinical notes.
Typical AI-Powered Clinical Documentation Workflow
In the following snapshots, you'll find:
Key insights on the current state of AI-powered physician documentation
Overviews of market leading vendors in the AI-powered physician documentation space
Health system executive feedback on featured vendors from our "Candid Conversations" series
Vendor snapshots:
Abridge - Uniquely founded by a practicing cardiologist, Abridge has created a clinician-tailored generative AI solution to reduce documentation burden. Over the past two years it has seen rapid growth in funding, with investors seeing enormous growth potential.
Microsoft/Nuance - Initially founded as an imaging and speech technology developer, Nuance has produced one of the most widely used clinical documentation solutions in Dragon Ambient eXperience™ (DAX) Copilot. Its acquisition by Microsoft made it one of the most popular clinical documentation solutions on the market.
Suki - Suki prides itself on making healthcare technology "invisible" to physicians in order to maximize their level of bedside care. It has received major funding over the past two years to drive tech advancements and expand on existing partnerships.
Augmedix - Augmedix works to improve physician-patient connections through the use of non-invasive technology. After being acquired by Commure, Augmetix has positioned itself to see rapid growth and have established themselves in the competitive clinical documentation space.
Ambience - Ambience was designed to not only capture patient encounters, but also support coding processes and improve clinical documentation integrity (CDI). It has recently received significant funding, led by OpenAI Startup fund and Kleiner Perkins.
How We Select Featured Vendors
Vendors are selected based on 3 criteria:
AI-solution. The vendor is vetted to ensure the product represents a true AI use.
Market position. The product offering must provide a new-in-kind solution within each use-case space.
Direct AI Catalyst member interest. Members expressed a desire to learn more or hear from specific vendors.
The Health Management Academy and AI Catalyst do not formally endorse products, solutions, or vendors. Inclusion in this report should not be considered endorsement of any kind.
This brief was written following our summer 2024 AI-powered Physician Documentation Tools Candid Conversation Series.
About AI Catalyst's "Candid Conversations" Series
The "Candid Conversations" series offers AI Catalyst members a platform to explore vendors' innovative AI-solutions. Each event includes: executive-led vendor presentations, live demos, Q&A sessions, and peer health-system only discussions. This off-the-record format encourages open dialogue and collective assessment of AI-powered tools among health system representatives.