M12 Invests in the Future of Virtual Health with Andor Health
Microsoft’s Venture Fund Fuels Andor Health’s Further Growth as a Leader in Virtual Health
ORLANDO, Florida – November 30, 2020 – Andor Health, the company that harnesses machine and human intelligence to change the way care teams connect and collaborate, announced a successful Series A fundraise led by M12, Microsoft’s venture fund. M12’s investment in Andor Health comes as the company has shown quick growth and success with ThinkAndor®, its artificial intelligence and machine learning-powered virtual health platform.
“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 Microsoft Corporate Vice President and Global Head of M12, Nagraj Kashyap. “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.”
Andor Health’s ThinkAndor uses AI and machine learning to help 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 improves the delivery of virtual care in a number of unique ways, including:
- Securely bringing patient and clinical context from source systems, like the EHR, directly into virtual visits
- Enabling natural language processing for voice dictated notes and recommending tasks to be pushed into the EHR
- AI/Bot driven configuration of virtual visits
- Managing and configuring a virtual waiting room
- Enabling post-visit triggers and notifications to clinicians and care team members.
“We are excited to welcome M12 into the Andor Health family,” said Raj Toleti, CEO of Andor Health. “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.”
About M12
M12, Microsoft’s venture fund, invests in enterprise software companies primarily in the Series A through C funding stages with a focus on applied AI, business applications, infrastructure, security, and vanguard technologies. As part of its value-add to portfolio c
About Andor Health
At Andor Health, our mission is to change the way care teams connect and collaborate. By harnessing machine and human intelligence, our cloud-based platform unlocks data stored in electronic medical records to deliver real-time actionable intelligence to care teams – both inside and outside of their enterprise. By optimizing communication workflows, our solutions accelerate time to treatment, decrease clinician burnout, and drive better patient outcomes. For more information, visit Andor Health or follow us on LinkedIn and Twitter.
About Caregility
Caregility ( www.caregility.com ) is dedicated to supporting the delivery of care to wherever the patient is located through the use of the Caregility Virtual Care Platform. Designated as the #1 2021 Best in KLAS Virtual Care Platform (Non-EMR), Caregility’s core telehealth offering is a purpose-built ecosystem for the entire healthcare continuum. The Caregility Virtual Care Platform provides secure, reliable two-way audio and video communication designed for any device and clinical workflow, in both inpatient and outpatient settings. Today, Caregility supports more than 2 million video sessions annually and has deployed over 9,000 access point of care systems across the US. From critical and acute, to urgent and emergent, to post-acute and ambulatory, and to the home, Caregility is helping transform the delivery of patient care everywhere. Follow Caregility on LinkedIn or on Twitter at @caregility.
Media Contact:
Jennifer Skitsko
SVP, Marketing
Andor Health
Email: [email protected]
Kelly McDermott
SVP, Marketing
Caregility
Email:[email protected]
