Founded Year

2022

Stage

Seed VC | Alive

Total Raised

$380K

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-59 points in the past 30 days

About Abstractive Health

Abstractive Health focuses on artificial intelligence solutions for the healthcare sector, particularly in the area of clinical note management. The company provides a physician AI assistant that summarizes medical records, allowing for the reading and writing of clinical notes. Abstractive Health's technology integrates with existing healthcare systems, facilitating chart retrieval and AI-generated clinical summaries. It was founded in 2022 and is based in New York, New York.

Headquarters Location

335 Madison Avenue

New York, New York, 10017,

United States

937-974-2667

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Abstractive Health's Product Videos

Abstractive Health's Products & Differentiators

    Abstractive Health

    We display an electronic patient summary to clinicians with one click through electronic medical record (EMR) integration. Physicians can read our health abstract in real-time, make edits, and push the summary back to the EMR with our HIPAA compliant platform.

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Expert Collections containing Abstractive Health

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Abstractive Health is included in 2 Expert Collections, including Digital Health.

D

Digital Health

12,122 items

The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.

A

Artificial Intelligence (AI)

20,628 items

Abstractive Health Patents

Abstractive Health has filed 1 patent.

The 3 most popular patent topics include:

  • artificial neural networks
  • computational linguistics
  • health informatics
patents chart

Application Date

Grant Date

Title

Related Topics

Status

8/11/2022

12/24/2024

Natural language processing, Machine learning, Computational linguistics, Health informatics, Artificial neural networks

Grant

Application Date

8/11/2022

Grant Date

12/24/2024

Title

Related Topics

Natural language processing, Machine learning, Computational linguistics, Health informatics, Artificial neural networks

Status

Grant

Latest Abstractive Health News

Electronic Health Records Market is Estimated to Reach USD 52.49 by 2032 | SkyQuest Technology Consulting

Aug 18, 2025

| SkyQuest Technology Consulting News provided by Share this article Share toX The electronic health records market is anticipated to expand at a rapid pace due to growing demand for digitized healthcare systems, increasing government initiatives to promote EHR adoption, and the rising need for integrated, real-time patient data across hospitals and clinics. WESTFORD, Mass., Aug. 18, 2025 /PRNewswire/ -- SkyQuest Technology Consulting published a report, titled, Electronic Health Records Market  - Global Opportunity Analysis and Industry Forecast, 2025-2032", valued at USD 33.43 Billion in 2024. With a projected CAGR of 5.8% from 2025 to 2032, the market is expected to reach USD 52.49 Billion by the end of 2032. The rising need for efficient and accurate patient data management is accelerating the adoption of EHR systems, enabling better clinical decision-making and streamlined workflows. Get a Free Sample Report Copy: https://www.skyquestt.com/sample-request/electronic-health-records-market Electronic Health Records Market Key Growth Drivers The electronic health records market is propelled by several key drivers, including the increasing need for efficient patient data management, growing government initiatives promoting healthcare digitization. Rising adoption of advanced technologies such as AI and machine learning, to enhance clinical decision-making. Additionally, the shift towards value-based care models, and the demand for interoperability across healthcare systems drive the expansion of EHR solutions. A major market trend is the growing preference for cloud-based EHR platforms, which offer improved scalability, security, and remote accessibility. Another important trend is the integration of patient engagement tools and telehealth functionalities within EHR systems, reflecting the evolving focus on personalized and accessible healthcare services. Recent Developments in Electronic Health Records Market In June 2025, Abstractive Health introduced Clinical Time Machine, an advanced AI-powered simulation platform that allows physicians to engage with complex diagnostic cases using historical medical charts. Leveraging their HIPAA-compliant EHR summarization platform, this innovation enables clinicians to explore and learn from rare and intricate medical scenarios without any patient risk, enhancing clinical training and decision-making. In March 2025, Te Whatu Ora Health New Zealand has initiated the Shared Digital Health Records (SDHR) project aimed at consolidating patient data across the country. This initiative seeks to create a unified, consistent view of patient information by integrating existing digital health records and national clinical data, while ensuring robust access, consent, and privacy controls are maintained for healthcare providers. In January 2025, Samsung has introduced a Personal Health Records feature within its Samsung Health app in India, fully integrated with the Indian government's Ayushman Bharat Digital Mission (ABDM). This new feature enables users to digitally access, upload, and manage their medical records—eliminating the need for physical documents. Through secure linkage with users' ABHA IDs, individuals can view comprehensive health data including prescriptions, lab reports, and hospital visits, offering a streamlined and centralized approach to personal health management. Speak to our Analyst:   https://www.skyquestt.com/speak-with-analyst/electronic-health-records-market Major Challenges in Electronic Health Records Industry The electronic health records market faces several challenges that could slow down its adoption and effectiveness. Data privacy and security concerns remain paramount, as healthcare providers handle sensitive patient information vulnerable to cyberattacks and breaches. Additionally, the high cost of implementation and maintenance, especially for smaller healthcare facilities, limits widespread adoption. Interoperability issues between different EHR systems continue to hinder seamless data exchange across healthcare providers, impacting coordinated care. Moreover, resistance to change from healthcare professionals due to the complexity of some EHR systems, and the need for extensive training creates adoption barriers. Regulatory compliance and frequent updates to standards also, require continuous investments, making it challenging for organizations to keep their systems current. Competitive Landscape The electronic health records market in 2024 is marked by significant advancements and strategic initiatives from leading players aiming to enhance healthcare delivery through technology. A notable development is Oracle's unveiling of its next-generation EHR system at the Oracle Health Summit in October 2024. Built on Oracle Cloud Infrastructure (OCI), this EHR integrates artificial intelligence (AI) across clinical workflows to automate processes, deliver insights at the point of care, and simplify administrative tasks for clinicians. The major players in the electronic health records industry include, Epic Systems Corporation MEDITECH (Medical Information Technology, Inc.) TruBridge (CPSI) eClinicalWorks Electronic Health Records Market Segmental Analysis Global electronic health records market is segmented by component, deployment mode, functionality level, type of EHR system, business model, application, end user and region. By component, software dominates due to its central role in storing, managing, and accessing electronic patient data across healthcare systems. By deployment mode, cloud-based EHR dominates owing to its scalability, remote accessibility, and reduced infrastructure costs. By functionality level, advanced EHR dominates as healthcare providers increasingly adopt comprehensive systems with decision support and analytics capabilities. By type of EHR system, acute care EHR dominates because hospitals and emergency care centers require robust systems for intensive, round-the-clock care. By business model, licensed software dominates due to its widespread use in established healthcare facilities seeking full control and customization. By application, clinical data management dominates since managing patient health records is the primary purpose of EHR systems. By end user, hospitals dominate due to their large-scale operations, complex workflows, and greater need for integrated healthcare information systems. Buy this Research Report (250+ Pages PDF with Insights, Charts, Tables, and Figures): https://www.skyquestt.com/buy-now/electronic-health-records-market Regional Outlook North America dominates the market due to advanced healthcare infrastructure, supportive government regulations promoting digitization, and high adoption of innovative technologies like AI and cloud-based systems. Asia-Pacific is rapidly growing driven by increasing healthcare expenditure, rising awareness about digital health solutions, and expanding healthcare infrastructure in emerging economies such as India, Japan, and South Korea. Europe has an important market share due to strict rules for patient data control, increasing the investment in the health care IT modernization and has a strong presence of large EHR suppliers in countries such as Germany, the United Kingdom and Italy. The LAMEA region is a witness to gradually adopt due to increasing need for health care, government initiative to improve health care distribution and investment in digital health has increased, although infrastructural challenges still limit rapid growth. Explore Extensive ongoing Coverage on Healthcare Sector: Pharmacy Market - Global Opportunity Analysis and Industry Forecast – 2032 About SkyQuest Technology Consulting SkyQuest Technology Consulting is a leading Strategy Consulting and Market Research firm, provides syndicated as well as customized research reports and growth consulting services, trusted by CXOs from Fortune 500 Companies, Start-ups, and MSMEs. The company comprises a team of expert research analysts and consultants, adding more than 1200 market research reports in our database each year. These reports offer in-depth analysis on 40+ industries & sub industries across 25 major countries worldwide, serving global clients across diverse industries. The company specializes in delivering customized intelligence, data-driven insights, and strategic advisory services that enable businesses to stay competitive and make informed decisions in rapidly evolving industries. Contact Us:

Abstractive Health Frequently Asked Questions (FAQ)

  • When was Abstractive Health founded?

    Abstractive Health was founded in 2022.

  • Where is Abstractive Health's headquarters?

    Abstractive Health's headquarters is located at 335 Madison Avenue, New York.

  • What is Abstractive Health's latest funding round?

    Abstractive Health's latest funding round is Seed VC.

  • How much did Abstractive Health raise?

    Abstractive Health raised a total of $380K.

  • Who are the investors of Abstractive Health?

    Investors of Abstractive Health include Cornell Tech, Rho Capital Partners, Healwell AI, Pear VC, National Science Foundation and 4 more.

  • Who are Abstractive Health's competitors?

    Competitors of Abstractive Health include DigitalOwl, Abridge, Hippocratic AI, Sporo Health, Suki AI and 7 more.

  • What products does Abstractive Health offer?

    Abstractive Health's products include Abstractive Health.

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Compare Abstractive Health to Competitors

Abridge Logo
Abridge

Abridge focuses on generative artificial intelligence (AI) for clinical conversations within the healthcare sector. The company provides AI solutions that create AI-generated notes intended for use in patient-clinician interactions. It serves healthcare systems, intending to enhance clinician efficiency and nursing documentation. Abridge was formerly known as Intelligible.AI. It was founded in 2018 and is based in Philadelphia, Pennsylvania.

Beam Health Logo
Beam Health

Beam Health focuses on healthcare technology, providing AI-based solutions for medical documentation. Its main product, Shine AI, automates the clinical documentation process by listening to consultations, transcribing them, and generating clinical notes that integrate with electronic medical records (EMR) systems. Its offerings are targeted at healthcare providers. It was founded in 2020 and is based in Red Bank, New Jersey.

Laguna Health Logo
Laguna Health

Laguna Health focuses on healthcare team efficiency through conversational artificial intelligence (AI) within the health tech industry. The company provides solutions that manage care processes and offer insights to support team performance and care quality. Laguna Health primarily serves health plans and virtual care organizations. It was founded in 2020 and is based in New York, New York.

Epic Logo
Epic

Epic focuses on developing healthcare software within the health information technology (IT) industry. Its main offerings include coding, testing, and implementing software solutions. Epic's products are utilized by healthcare professionals. Epic was formerly known as Human Services Computing. It was founded in 1979 and is based in Verona, Wisconsin.

DeepScribe Logo
DeepScribe

DeepScribe automates medical documentation through its platform in the healthcare sector. It provides a medical scribe that captures patient conversations and generates clinical notes, as well as coding support and note personalization for clinicians. It serves the healthcare industry, focusing on specialty care and value-based care. It was founded in 2017 and is based in San Francisco, California.

Augmedix Logo
Augmedix

Augmedix is a company that specializes in ambient AI solutions for medical documentation. The company provides services to capture and convert clinician-patient conversations into structured medical notes. Augmedix serves the healthcare sector, collaborating with hospitals and health systems to improve clinical workflows and data management. It was founded in 2012 and is based in San Francisco, California.

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