HIT Consultant – Read More
What You Should Know:
– Evidium, an innovative healthcare artificial intelligence company, has announced the close of its Series A equity funding round co-led by Health2047, the venture studio of the American Medical Association (AMA), and WGG Partners with additional participation from Interwoven Ventures and Mindset Ventures.
– The investment will be used to accelerate product development, expand the company’s clinical modeling capabilities, and scale its go-to-market operations to meet the growing demand from health plans and provider organizations.
Making Medical Knowledge Computational and Reliable
Evidium’s core mission is to solve the problem of medical knowledge being “locked in text, statistics, and silos,” according to Carl Bate, founder and CEO of Evidium. The company is tackling this by making medical knowledge computational, which in turn makes AI more reliable and trustworthy in high-stakes clinical settings.
The platform provides a shared foundation that helps experts across the system:
- See Opportunities: Healthcare leaders can identify areas for improvement more clearly.
- Reason Precisely: The AI provides traceable, non-black-box insights grounded in clinical evidence.
- Share Timely Insights: Knowledge diffusion is accelerated, reducing silos and misalignments between care and coverage teams.
“Precision First”: Products for Clinicians and Risk-Bearing Organizations
Evidium’s platform is built on a “precision first” approach, which prioritizes clinical accuracy and knowledge integrity. The company’s current suite of precision products addresses the needs of key industry stakeholders:
- Quality Insights: Delivering critical insights for clinicians and care teams at provider organizations.
- Probabilistic Forecasting: Offering clinical and cost modeling for medical risk-bearing entities, including insurers, health plans, and integrated delivery networks (“payviders”).
Lawrence K. Cohen, CEO of Health2047, emphasized the long-term vision, stating, “Healthcare’s future depends on systems that can learn, explain, and enhance the role of physicians. Evidium is advancing that kind of system—one where knowledge isn’t trapped in charts or claims data but continuously refined through use.”
