Hippocratic AI Raises $141M to Revolutionize Healthcare Staffing

Hippocratic AI, a healthcare-focused artificial intelligence startup, announced the completion of a $141 million Series B funding round, bringing its total funding to more than $278 million. With participation from major investors, including Kleiner Perkins, A16z, General Catalyst, and Nvidia, the round places the company’s valuation at over $1.64 billion.

The funding will accelerate Hippocratic AI’s efforts to address critical healthcare staffing shortages through its advanced AI agents. These agents are designed to assist clinicians, enhance patient care, and improve outcomes across various specialties.

A New Approach to AI in Healthcare

Founded by Munjal Shah, alongside physicians, healthcare administrators, and AI researchers from institutions like Johns Hopkins and Stanford among others, Hippocratic AI aims to bring safe, effective AI to the medical field. Named after the Hippocratic Oath, the startup focuses on ensuring its tools are deployed responsibly in clinical settings.

Initially centered on generative AI chatbots for healthcare professionals, Hippocratic AI has shifted focus toward patient-centered tools. Its cutting-edge AI agents perform complex healthcare tasks while working unsupervised.

The goal of these AI agents, according to the company, is to address the severe shortage of trained nurses, social workers, and nutritionists in the healthcare sector, both in the U.S. and internationally. For example, one AI agent specializes in chronic care management, medication reviews, and post-discharge follow-ups for conditions such as kidney failure and congestive heart failure.

Launch of the AI Agent App Store

A major milestone for Hippocratic AI is the debut of its Healthcare AI Agent App Store, which offers over 300 specialized AI agents across 25 medical specialties. This platform empowers clinicians to design AI agents tailored to their expertise in just a few hours.

Key Features of the App Store:

• Clinicians can create prototypes in under 30 minutes.

• AI agents undergo rigorous safety training and evaluations.

• Clinicians receive a dashboard to monitor performance and feedback.

• Creators can share in the revenue generated by their AI agents.

The app store offers agents for a range of applications, such as chronic care management, pre- and post-surgical care, diabetes screening and education, home health monitoring, and maternal mental health support.

Discover the future of healthcare AI by visiting the Hippocratic AI App Store, where you can explore and access innovative AI agents designed to enhance patient care.

High Standards for Safety and Collaboration

To ensure the safety and reliability of its AI agents, Hippocratic AI exclusively collaborates with licensed clinicians, thoroughly verifying their qualifications and professional experience before development begins. Each agent undergoes:

• Initial Testing: Conducted by Hippocratic AI’s internal team.

• Comprehensive Assessments: Evaluated by a network of over 6,000 nurses and 300 doctors.

Only agents that pass these evaluations are deployed, guaranteeing their reliability in real-world clinical environments.

Hippocratic AI emphasizes the importance of working closely with clinicians, citing their deep expertise developed over years of practice and their practical insights into managing specific medical conditions and clinical workflows. By integrating this knowledge into its AI agents, the company aims to enhance safety and improve patient outcomes.

Notable AI Agent Creators

Hippocratic AI has worked with esteemed medical professionals to create specialized agents, including:

• Dr. Vanessa Dorismond: Developed an agent for cervical cancer education and check-ins.

• Kacie Spencer, DNP, RN: Created an agent focused on educating parents on proper child car seat installation.

• Kristina Dulaney, RN, PMH-C: Designed an agent to help new mothers with postpartum mental health assessments and depression screening.

Early Success and Future Goals

In just nine months since its $50 million Series A round, Hippocratic AI has made significant strides:

• Received its first U.S. patents.

• Verified and deployed its initial healthcare agents.

• Signed contracts with 23 major healthcare organizations, including Cincinnati Children’s, Arkos Health, OhioHealth, WellSpan Health and several other prominent healthcare systems and hospitals.

“This round of financing will accelerate the development and deployment of Hippocratic generative AI-driven super staffing and continue our quest to make healthcare abundance a reality,” said CEO Munjal Shah.

What This Means

Hippocratic AI’s innovative approach aims to address the global shortage of healthcare professionals, including nurses, social workers, and nutritionists, with AI agents that enhance clinical workflows. By collaborating with experienced clinicians, the startup ensures its AI agents are both safe and effective, creating a new standard for AI deployment in medicine.

The introduction of the AI Agent App Store could revolutionize healthcare by allowing medical professionals to co-create specialized tools tailored to patient care needs. With its growing list of customers and $141 million in new funding, Hippocratic AI is poised to redefine healthcare staffing and improve outcomes on a global scale.

Editor’s Note: This article was created by Alicia Shapiro, CMO of AiNews.com, with writing, image, and idea-generation support from ChatGPT, an AI assistant. However, the final perspective and editorial choices are solely Alicia Shapiro’s. Special thanks to ChatGPT for assistance with research and editorial support in crafting this article.