Latest news with #RadAIReporting
Yahoo
3 days ago
- Business
- Yahoo
Rad AI Named to CNBC Disruptor 50 List For Pioneering Generative AI in Healthcare
Recognition comes amid rapid growth, with Rad AI recently securing $68 million in Series C Funding and ranking 19th on the Deloitte Fast 500. SAN FRANCISCO, June 10, 2025 /PRNewswire/ -- Rad AI, the leader in generative AI for healthcare, today announced it was named to the 2025 CNBC Disruptor 50 list. The annual list recognizes the most innovative, fast-growing private companies that are disrupting established industries using breakthrough technologies. This recognition further solidifies Rad AI's position as the leader in pioneering AI-driven solutions that improve radiologist efficiency, reduce burnout, and enhance patient care. The CNBC Disruptor 50 recognition follows a remarkable period of company growth that includes several recent milestones: Closed $68M Series C, including strategic investments from some of the nation's most respected health systems. Ranked #19 on the 2024 Deloitte Fast 500. "Being named to the CNBC Disruptor 50 list is an incredible honor for Rad AI," said Doktor Gurson, CEO and co-founder of Rad AI. "Since our founding in 2018, we've believed that AI should empower—not replace—radiologists. Our mission has always been to deliver AI-driven solutions that save time, reduce burnout, and elevate patient care. This recognition from CNBC not only highlights our impact in transforming healthcare through AI, but also reinforces our ongoing commitment to creating meaningful, lasting change in the lives of physicians and patients alike." Today, Rad AI is the leading provider of generative AI solutions for radiology workflow optimization and patient follow-up management, with its solutions trusted by over 50% of U.S. health systems and 9 of the 10 largest radiology practices in the country. Rad AI was the first company to deploy large language model (LLM)-based generative AI into radiology workflows with its groundbreaking Rad AI Impressions solution. As the company continues to lead innovation in healthcare AI, it is rapidly expanding its network of strategic partnerships and accelerating efforts to bring its transformative technology to more providers across the globe. Rad AI is making significant investments in partner support, advancing product innovation, and scaling its AI-powered platform to additional health systems and radiology practices. To learn more about Rad AI's solutions, visit About Rad AI Rad AI is the leader in generative AI solutions for radiology, transforming the way radiologists work and improving patient care. The company's flagship product, Rad AI Reporting, streamlines radiology reporting with AI-driven technology and empowers radiologists to achieve greater efficiency, accuracy, and satisfaction. Rad AI Impressions, the company's pioneering product, established Rad AI as an innovator in generative AI for radiology; as the first generative AI application to achieve widespread adoption in radiology, it is now trusted by thousands of U.S. radiologists. Rad AI Continuity, the most comprehensive solution of its kind, provides AI-driven patient follow-up. Rad AI is the fastest-growing radiologist-led AI company and has been recognized as one of the most promising healthcare AI companies by CB Insights (Digital Health 50, AI 100) and AuntMinnie (Best New Radiology Software). Rad AI was named the 19th fastest-growing company in North America on the Deloitte Fast 500. Most recently, in April 2025, Rad AI was named the 4th fastest-growing private company on the Inc. Regionals Pacific list. Learn more about Rad AI at or on LinkedIn at PR Contact: Wei Ting Hsieh, Rad AI, View original content to download multimedia: SOURCE Rad AI Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Rad AI Named to CNBC Disruptor 50 List For Pioneering Generative AI in Healthcare
Recognition comes amid rapid growth, with Rad AI recently securing $68 million in Series C Funding and ranking 19th on the Deloitte Fast 500. SAN FRANCISCO, June 10, 2025 /PRNewswire/ -- Rad AI, the leader in generative AI for healthcare, today announced it was named to the 2025 CNBC Disruptor 50 list. The annual list recognizes the most innovative, fast-growing private companies that are disrupting established industries using breakthrough technologies. This recognition further solidifies Rad AI's position as the leader in pioneering AI-driven solutions that improve radiologist efficiency, reduce burnout, and enhance patient care. The CNBC Disruptor 50 recognition follows a remarkable period of company growth that includes several recent milestones: Closed $68M Series C, including strategic investments from some of the nation's most respected health systems. Ranked #19 on the 2024 Deloitte Fast 500. "Being named to the CNBC Disruptor 50 list is an incredible honor for Rad AI," said Doktor Gurson, CEO and co-founder of Rad AI. "Since our founding in 2018, we've believed that AI should empower—not replace—radiologists. Our mission has always been to deliver AI-driven solutions that save time, reduce burnout, and elevate patient care. This recognition from CNBC not only highlights our impact in transforming healthcare through AI, but also reinforces our ongoing commitment to creating meaningful, lasting change in the lives of physicians and patients alike." Today, Rad AI is the leading provider of generative AI solutions for radiology workflow optimization and patient follow-up management, with its solutions trusted by over 50% of U.S. health systems and 9 of the 10 largest radiology practices in the country. Rad AI was the first company to deploy large language model (LLM)-based generative AI into radiology workflows with its groundbreaking Rad AI Impressions solution. As the company continues to lead innovation in healthcare AI, it is rapidly expanding its network of strategic partnerships and accelerating efforts to bring its transformative technology to more providers across the globe. Rad AI is making significant investments in partner support, advancing product innovation, and scaling its AI-powered platform to additional health systems and radiology practices. To learn more about Rad AI's solutions, visit About Rad AI Rad AI is the leader in generative AI solutions for radiology, transforming the way radiologists work and improving patient care. The company's flagship product, Rad AI Reporting, streamlines radiology reporting with AI-driven technology and empowers radiologists to achieve greater efficiency, accuracy, and satisfaction. Rad AI Impressions, the company's pioneering product, established Rad AI as an innovator in generative AI for radiology; as the first generative AI application to achieve widespread adoption in radiology, it is now trusted by thousands of U.S. radiologists. Rad AI Continuity, the most comprehensive solution of its kind, provides AI-driven patient follow-up. Rad AI is the fastest-growing radiologist-led AI company and has been recognized as one of the most promising healthcare AI companies by CB Insights (Digital Health 50, AI 100) and AuntMinnie (Best New Radiology Software). Rad AI was named the 19th fastest-growing company in North America on the Deloitte Fast 500. Most recently, in April 2025, Rad AI was named the 4th fastest-growing private company on the Inc. Regionals Pacific list. Learn more about Rad AI at or on LinkedIn at PR Contact: Wei Ting Hsieh, Rad AI, View original content to download multimedia: SOURCE Rad AI
CNBC
3 days ago
- Business
- CNBC
41. Rad AI
Founders: Doktor Gurson (CEO), Jeff ChangLaunched: 2018Headquarters: San FranciscoFunding: $143 millionValuation: $528 millionKey Technologies: Artificial intelligence, cloud computing, deep neural networks/deep learning, generative AI, machine learningIndustry: Health carePrevious appearances on Disruptor 50 list: 0 Radiologist burnout is a condition that Rad AI co-founder Jeff Chang has long experience with — arguably, longer than any other radiology specialist has ever witnessed. The youngest radiologist and second youngest doctor in U.S. history, Chang started medical school at 16 at New York University and worked long night shifts as an emergency room radiologist for a decade. The stress hasn't changed within his profession. With the vast majority of radiologists feeling overworked or at their limit, Rad AI is focused on using generative artificial intelligence to save time and enhance productivity. Rad AI offers products designed to streamline workflow for radiologists, Rad AI Reporting and Rad AI Impressions. Rad AI Reporting generates imaging reports based on radiologists stating their findings from scans into a microphone or software system. By combining speech recognition with machine learning algorithms, it can also create templates that match individual radiologists' language and style preferences. Rad AI Impressions provides a summary of what a patient's image shows, saving radiologists over an hour per shift, according to the company, time that can be put back into patient care and burnout prevention. Its AI models also identify follow-up recommendations from patient reports, and can automatically send communication to patients, which Rad AI says can increase needed follow-up appointments by as much as 40%. A decade ago, experts were predicting radiology would be one of the first professions entirely replaced by AI. AI pioneer Geoffrey Hinton of the University of Toronto, and formerly Google, was among those quoted as saying radiologists should no longer be trained. Hinton recently told the New York Times that he was wrong, and while AI is great at interpreting imagery, it is a profession where it looks like AI and human doctors will be working together for much longer. Rad AI's core reporting and imagery tools are designed to be reviewed and signed off by the radiologist. In the case of any system errors, the radiologist will have the final look at the patient's report and impression. The future for Rad AI is looking bright, as the company is currently working with half of all health systems and radiology practices in the United States, including recent deals with the Mayo Clinic, Cleveland Clinic, Yale New Haven and Cincinnati Children's Hospital. It also has recent partnerships with tech and health-care giants Google and Bayer.
Associated Press
30-01-2025
- Business
- Associated Press
RAD AI CLOSES $60M SERIES C TO FURTHER SOLIDIFY LEADERSHIP IN HEALTHCARE GENERATIVE AI
Led by Transformation Capital, the Investment Accelerates Rad AI's Development and Deployment of Generative AI Technology to Healthcare Providers and Systems Globally SAN FRANCISCO, Jan. 30, 2025 /PRNewswire/ -- Rad AI, one of the fastest growing healthcare AI companies and the first to successfully commercialize a generative AI product in healthcare, today announced a $60M Series C financing round, valuing the company at $525M. The oversubscribed round was led by Transformation Capital, with participation from existing investors Khosla Ventures, World Innovation Lab, UP2398, Kickstart Fund, OCV Partners, Cone Health and others. This raise comes seven months after their $50M Series B financing. Radiology is the largest specialty in healthcare, accounting for nearly 10 percent[1] of all healthcare spend in the US and more than 80 percent[2] of all healthcare data by size, with over 700 million imaging exams performed in the US each year. However, as the number of annual exams rise, radiologist burnout continues to worsen – national physician surveys[3] have found that 88.4% of radiologists are either at capacity or overworked and overextended. With total investment of over $140M to date, Rad AI has emerged as a leader in generative AI solutions for healthcare. The company's solutions are used by thousands of radiologists every day at health systems and radiology practices across the country that account for nearly 50% of all medical imaging done in the US. Rad AI was recently named the 19th fastest-growing company in North America by Deloitte in its Fast 500 rankings. 'Radiologists play a vital role at the center of our healthcare system, enabling early diagnosis and prevention of illness,' said Vinay Shah, partner at Transformation Capital. 'Rad AI's generative AI solutions help radiologists and other healthcare providers tackle some of our industry's greatest challenges by significantly improving provider efficiency, alleviating burnout, and advancing the quality of patient care. Customers love Rad AI and we are proud to partner with their team.' Rad AI pioneered the development of the first generative AI solution in healthcare in 2018, Rad AI Impressions. Their latest innovation, Rad AI Reporting, extends their innovative AI-native approach to the full radiology reporting workflow, reducing dictated words by up to 90 percent and saving providers up to 50 percent of their time. This groundbreaking solution earned the 'Best New Radiology Software of 2023" award from AuntMinnie, one of the industry's most prestigious honors. 'With nearly two-thirds of our practices currently utilizing Rad AI Impressions, our member practices consistently share the exceptional value they gain by using Rad AI's industry-leading generative AI solutions,' said Scott Bundy, MD, CEO and Chair of Strategic Radiology, the largest coalition of independent radiology practices in the US. 'Rad AI has proven to be a tremendous partner to our groups, helping solve the acute staffing, burnout, and technology challenges facing radiology practices. Already, a third of our member practices are adopting their latest solution, Rad AI Reporting.' Rad AI is now also transforming patient follow-up with Rad AI Continuity by closing the loop on actionable findings in radiology reports – most commonly, potential new cancers. Using AI-driven automation, Rad AI Continuity helps ensure that patients are diagnosed and treated promptly. To date, Rad AI has increased follow-up rates at health systems from 30 percent up to 75 percent or more[4], leading to earlier diagnoses of new cancers to help ensure patients receive prompt treatment, improving long-term prognosis and quality of life. 'At Rad AI, we focus on empowering physicians with AI – saving physicians time, reducing burnout and improving the quality of patient care,' said Doktor Gurson, co-founder and CEO at Rad AI. 'Over the past few years, Rad AI has become a mission-critical part of physician and health system workflows across North America. This strategic funding round will accelerate our progress as the leading AI-driven workflow platform in healthcare.' Rad AI is now hiring across a wide range of roles, building a world-class team dedicated to solving some of the most complex challenges in healthcare technology. About Rad AI Rad AI is the leader in generative AI solutions for radiology, transforming the way radiologists work and improving patient care. The company's flagship product, Rad AI Reporting, streamlines radiology reporting with AI-driven technology and empowers radiologists to achieve greater efficiency, accuracy, and satisfaction. Rad AI Impressions, the company's pioneering product, established Rad AI as an innovator in generative AI for radiology; as the first generative AI application to achieve widespread adoption in radiology, it is now trusted by thousands of US radiologists. Rad AI Continuity, the most comprehensive solution of its kind, uses AI to help ensure patient follow-up for potential new cancers. The company has been recognized as one of the most promising healthcare AI companies by CB Insights (Digital Health 50, AI 100) and AuntMinnie (Best New Radiology Software 2023, Best New Radiology Vendor 2021). In November of 2024, Rad AI was named the 19th fastest-growing company in North America on the Deloitte Fast 500. [4] Rad AI Case Studies on Follow-up Rate Improvements, 2025. Press Contact
