The general availability launch of MedLM will
further advance Augmedix's ambient medical documentation product
performance
SAN
FRANCISCO, Dec. 13, 2023 /PRNewswire/ -- Augmedix
(Nasdaq: AUGX), a healthcare technology company that delivers
industry-leading, ambient medical documentation and data solutions,
announced today that it has been piloting Google Cloud's Med-PaLM 2
and will integrate Google Cloud's newly introduced MedLM technology
into its technology stack. This model suite uses the latest AI
developments adapted for healthcare use cases and meets Augmedix's
stringent requirements around AI safety, compliance, and enterprise
scalability.
MedLM, now generally available to allowlisted customers, builds
on Google Cloud's Med-PaLM 2 generative AI (gen AI) large language
model (LLM). MedLM is purposefully built to provide high-quality
generative AI output in the medical domain. It comes with a suite
of medically-tuned models for different use cases—delivering the
best of Google Cloud's gen AI capabilities to the healthcare
industry. Importantly, Augmedix uses Google Cloud's Vertex AI
platform to develop its own proprietary solutions using
training data created by Augmedix's existing technology that
generates 70,000 notes per week and spans more than 30
specialties1.
"Generative AI solutions for use in healthcare delivery require
a more tailored and precise approach than general purpose LLMs can
provide, which is why we value our strategic partnership with
Google Cloud," said Augmedix Founder, Director, and Chief Strategy
Officer Ian Shakil. "Google Cloud
has established its leadership as an AI innovator with solutions
specifically designed to address the needs of healthcare
providers."
In recent months, Google Cloud has been closely iterating
with Augmedix to ensure optimized performance in challenging,
real-world medical use cases through ambient documentation, where
relevant medical information is recorded and captured from natural
clinician-patient interactions at the point of care. Augmedix now
plans to incorporate MedLM into its machine learning platform
across its suite of products. Integrating MedLM into its ambient
medical documentation products will elevate the quality of medical
note output, provide faster turnaround times, and enable Augmedix
to rapidly expand into more sub-specialties through 2024. This new
technology will be integrated into the recently launched Augmedix
Go, a clinician-controlled mobile app that instantaneously creates
a fully automated draft medical note after each patient visit, and
will soon be incorporated into all Augmedix documentation
products.
"Generative AI has enormous potential to automate one of the
most time-intensive and tedious tasks in healthcare—capturing
accurate medical notes of doctor-patient interactions," said
Thomas Kurian, CEO, Google Cloud.
"We are committed to advancing solutions that allow organizations
like Augmedix and its health system clients to address these and
other challenges in the healthcare industry. Our launch of MedLM
and partnership with Augmedix exemplifies our commitment to solve
these once-intractable problems."
This integration of MedLM is an exciting milestone for Augmedix
customers such as HCA Healthcare, who introduced Augmedix's
documentation products to four hospitals earlier in 2023.
"We've introduced Augmedix's technology into some of our
hospitals this year," said Michael J.
Schlosser, MD, MBA, FAANS, Senior Vice President of Care
Transformation and Innovation, HCA Healthcare. "I'm pleased to see
that our innovative partners at Google Cloud and Augmedix are
continuously focused on advancing their products to streamline
workflows and allow caregivers to focus on what matters most,
patient care."
Google Cloud's customers retain control over their data. In
healthcare settings, access and use of patient data is protected
through the implementation of Google Cloud's reliable
infrastructure and secure data storage that support HIPAA
compliance, along with each customer's security, privacy controls,
and processes.
About Augmedix
Augmedix (Nasdaq: AUGX) delivers industry-leading, ambient
medical documentation and data solutions to healthcare systems,
physician practices, hospitals, and telemedicine practitioners.
Augmedix is on a mission to help clinicians and patients form a
human connection by seamlessly integrating our technology at the
point of care. Augmedix's proprietary platform digitizes natural
clinician-patient conversations, which are converted into
comprehensive medical notes and structured data in real time. The
company's platform uses automatic speech recognition, and natural
language processing, including large language models, to generate
accurate and timely medical notes that are transferred into the
EHR.
Augmedix's products relieve clinicians of administrative burden,
in turn, reducing burnout, increasing clinician efficiency and
improving patient access. Through Augmedix's proprietary platform
and bi-directional communication channel, Augmedix is ideally
suited to serve as the vehicle for change at the point of care.
Augmedix is headquartered in San
Francisco, CA, with offices around the world. To learn more,
visit www.augmedix.com.
Forward-Looking Statements
This press release contains "forward-looking statements" that
involve a number of risks and uncertainties. Words such as
"believes," "may," "will," "estimates," "potential," "continues,"
"anticipates," "intends," "expects," "could," "would," "projects,"
"plans," "targets," "excited," "optimistic," and variations of such
words and similar expressions are intended to identify
forward-looking statements. Such forward-looking statements
include, without limitation, statements regarding Augmedix's plans
to integrate MedLM into Augmedix's technology stack;
statements that MedLM will further advance Augmedix's ambient
medical documentation product performance; statements regarding
Augmedix's plans to incorporate MedLM into its machine learning
platform across its suite of documentation products; statements
regarding MedLM delivering the best of Google Cloud's gen AI
capabilities to the healthcare industry and Google Cloud
establishing its leadership as an AI innovator with solutions
specifically designed to address the needs of healthcare providers;
statements regarding integration with MedLM elevating the quality
of medical note output, providing faster turnaround times, and
enabling Augmedix to rapidly expand into more sub-specialties in
2024; statements regarding Augmedix's plans to incorporate MedLM
into all Augmedix documentation products; and statements regarding
the expected benefits of the MedLM integration with Augmedix's
platform. Actual results could differ materially from those stated
or implied in forward-looking statements due to a number of
factors, including but not limited to, risks detailed in our most
recent Form 10-K filed with the U.S. Securities and Exchange
Commission on April 17, 2023, as well
as other documents that may be filed by us from time to time with
the U.S. Securities and Exchange Commission. The forward-looking
statements included in this press release represent our views as of
the date of this press release. We undertake no intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise.
These forward-looking statements should not be relied upon as
representing our views as of any date subsequent to the date of
this press release.
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SOURCE Google Cloud