Assort Health Nabs $50M to Automate Patient Phone Calls, Sources Say
Assort Health nabs $50M to automate patient phone calls, sources say, in one of the latest signs that investors are betting big on AI in healthcare. The fast-growing startup has secured a Series B round at a valuation of $750 million, according to multiple sources familiar with the deal.
Image Credits:elenabs / Getty Images
The funding comes just four months after Assort Health raised $22 million in its Series A, with Lightspeed Venture Partners leading the latest round. The momentum underscores how AI-driven tools for patient communication are rapidly becoming one of the hottest bets in digital health.
What Assort Health Does
Assort Health builds AI-powered voice agents designed to take over repetitive, high-volume tasks in medical offices. These include scheduling appointments, handling cancellations, and answering common patient questions.
By automating phone calls, the company allows front desk staff to focus on more complex and sensitive interactions, improving efficiency and patient satisfaction. For smaller specialty practices where long wait times can drive patients away, this technology could help reduce churn and boost retention.
AI Competition Heats Up
Assort Health isn’t alone in this race. Just last week, EliseAI announced a massive $250 million Series E led by Andreessen Horowitz, valuing the company at $2.2 billion. Another competitor, Hello Patient, recently raised $20 million at a $100 million valuation led by Scale Venture Partners.
The growing investor appetite shows that healthcare phone automation is quickly becoming a new frontier for AI adoption, alongside medical scribes and virtual assistants from companies like Abridge and Ambience Healthcare.
Why Investors Are Paying Attention
Even though Assort Health’s annual recurring revenue is just above $3 million, its growth trajectory is strong. The startup first targeted orthopedic and physical therapy practices but has since expanded into OB-GYN and other specialties.
With healthcare offices under pressure to cut costs and improve response times, investors believe the demand for AI-powered patient communication will only accelerate. If successful, Assort Health could become a key player in reducing wait times and modernizing front-office operations in specialty care.
The Bigger Picture
The healthcare industry is in the middle of a major AI transformation. From medical transcription to patient engagement, startups are racing to bring automation into every corner of clinical practice.
Assort Health’s $50 million round highlights how investors see patient communication as the next big opportunity. With rising competition and a growing demand for efficiency, the battle for who will dominate healthcare phone automation is just beginning.
إرسال تعليق