Corti Company Market Research Report

Company Overview

Name & Mission

Name: Corti
Mission: Add a healthcare AI to your workflow to enhance patient care by improving note-taking, summarizing, coding, and quality assurance.

Founding Details

Founded: 2016
Founder(s): No information is available

Key People

1. Dr. Sophia Dyer - Medical Director, Boston Emergency Services
2. Peter Baltzer - Chief Transformation Officer, Capio Private Hospital
3. Claus Brink - Chief Operating Officer, Danish Health Insurance

Headquarters

Location: New York, Copenhagen, London

Number of Employees

No information is available

Revenue

A landmark year for Corti: Doubling revenue and expanding US operations. Specific figures are not available.

Company Recognition

Known For: Corti is known for integrating AI into healthcare to reduce administrative burdens and augment clinician workflows, with a strong focus on improving the accuracy and efficiency of healthcare documentation and triaging through AI-assisted tools.

Products

Overview

Corti offers a suite of AI-driven tools that enhance healthcare workflows, focusing on documentation, coding, triaging, and quality assurance.

Products and Features

1. AI Scribe

• Description: Offers transcription services for healthcare interactions, supporting more than 10 languages.

• Key Features:

• Real-time transcription for live consultations.

• Integrates seamlessly with telephony and virtual health systems.

2. Co-Pilot

• Description: AI-driven assistant to optimize documentation processes and reduce documentation time.

• Key Features:

• Automatically applies accurate ICD-10 coding.

• Contextual assistance for real-time clinical decisions.

3. Mission Control

• Description: AI-powered tool for conversation recording and quality assurance.

• Key Features:

• Automated call evaluations.

• Identification of training focus areas and potential issues.

4. AI Platform

• Description: Underlying AI infrastructure offered via public API for customizable workflow integration.

• Key Features:

• Speech-to-text and transcription services.

• Procedure and diagnosis coding.

Recent Developments

Recent Company News

• Partnerships:

• Collaborated with BigHand to reduce paperwork for 40,000 NHS workers.

• Partnered with Tanner Health to enhance U.S. healthcare operations.

• Welcomed Human Bytes as a partner in Scandinavia.

• Product Launches:

• Launched in Germany to transform AI in Healthcare across the DACH region.

• Funding:

• Raised $60M in Series B Funding to accelerate healthcare AI innovation and expand work in public safety.

• Recognition:

• Corti’s solutions were utilized by emergency medical services, including detecting cardiac complications and enhancing patient triaging.

• Impact:

• Assisted Sweden’s SOS Alarm in improving triaging protocols, significantly increasing patient safety and reducing call durations.

New Features

• AI-Powered Analysis: Enhanced capability for real-time triaging and protocol customization, helping organizations like Seattle Fire Department to quickly implement new emergency response protocols.

• AI Scribe Developments: Introduced enhancements for live note-taking and documentation customization across multiple specialties.

Strategic Expansions

• Corti expanded its operational scope in the U.S., responding to increased demand for AI healthcare solutions in more regions, reflecting its growing influence and innovative edge in healthcare AI.

Conclusion

Corti continues to be a leader in integrating AI into healthcare settings, improving operational efficiencies, and expanding its strategic partnerships and product capabilities. The company's commitment to enhancing patient care and clinician workflows through AI tools cements its position as an innovator in medical technology.