Predoc raises $30 million to stop document chasing in healthcare
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Predoc raises $30 million to stop document chasing in healthcare
""The fax machine still exists, but only in healthcare," said Dr. Kaushal Kulkarni, a neuro-ophthalmologist. "Someone goes out and retrieves records from the hospital basement and proceeds to put 1,000 pages-basically fax records-on my desk. ' Here you go, doctor. Have fun. ' And now it's my job, in the middle of a busy clinic where patients are already waiting half an hour or more, to flip through 1,000 pages and try to figure out what's going on with the person in front of me who needs help.""
""Within six months we were doing about half a million dollars in revenue, and that's when we got preempted for our seed round," Hari said. "Fast forward to today, we've got about 35 customers that rely on our retrieval and analysis products. In many cases, we've become the fully outsourced solution, replacing their internal legacy teams.""
""This problem is happening right now, probably in hundreds or thousands of doctors' offices," Kulkarni said. "And you can imagine-people always ask, why am I waiting at the doctor so long? It's issues like this that are getting in the way.""
Healthcare providers frequently receive large, faxed paper records that require time-consuming manual review, delaying patient care. Predoc uses AI to automate retrieval, organization, and analysis of medical records to streamline workflows. The company was founded in 2022 and has raised $30 million in seed and Series A funding led by Base10 Partners, with participation from several investors. Predoc reached roughly $500,000 in revenue within six months, serves about 35 customers, and often replaces internal legacy teams as a fully outsourced records solution, shortening clinic wait times and improving operational efficiency.
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