Sutter Health in Sacramento, along with four other health systems, has recently announced that they have just made a combined investment amounting to $17-million in Augmedic Inc., which is the San Francisco startup that uses Google Glass technology in order to maintain electronic health records along with assisting doctors to be free to spend more time with their patients.
Sutter Health and Four Other Health Systems Made a Combined Investment for Google Glass Tech
Aside from Sutter Health, the three other investors that invested in Google Glass technology are that of San Francisco’s Dignity Health, the Cincinnati-based TriHealth Inc., and Catholic Health Initiatives in Colorado. As for the fourth investor, officials said that the health system wishes to remain anonymous. With the combined systems, they have more than 100,000 health care provides that are already treating millions of patients around the globe.
Officials have stated that the strategic round of funding will allow Augmedix and its investors to bring up the Google Glass-powered service across health systems and private clinics nationwide. Augmedix had previously said that they have received $23-million in venture funding. This is with the Redmile Group in San Francisco, which takes the lead with regards to the strategic round. It is also in participation with institutional investors DCM Ventures and Emergence Capital in San Mateo. The former investor has an office located at Menlo Park.
Augmedix was founded back in 2012 and had said that their service will free up doctors from hours of authorized charting and documentation. With this, it will allow the medical practitioners to spend more face-to-face time with their patients. The company claims that the technology will be able to reduce a typical physician’s charting time by approximately three hours per day.
Google Glass was introduced to the United States in February of 2013, and it is essentially a computer-embedded eyewear. This allows users to handle a wide range of data with the use of hands-free access. Dr. Albert Chan, the chief of digital patient experience of Sutter Health, stated the following in an emailed statement: ” New technology tools and services allow us to innovate in ways that deliver a more efficient, affordable and personalized level of care. Wearable technology holds tremendous promise, especially for enhancing the office visit experience. We are committed to partnering with our patients and value how our growing network of digital health innovators helps strengthen those patient-doctor relationships in new ways.”