News from the AI & ML world
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Eleos Health has secured $60 million in a Series C funding round, led by Greenfield Partners, to further develop its AI-powered behavioral health solutions. The funding will be used to expand its product offerings, grow its commercial team, and target underserved areas, including substance use disorder (SUD) treatment centers. This latest investment brings Eleos’ total funding to over $120 million, solidifying its position as a leader in the behavioral health AI space. Eleos utilizes AI agents to streamline clinical workflows, freeing up clinicians from administrative duties.
Eleos is also launching a new clinical documentation improvement product called Eleos Compliance, which leverages agentic AI to identify potential documentation errors before they result in penalties. This tool allows for near-instant review of submitted progress notes, streamlining appeals and improving accreditation efforts. Eleos has experienced rapid growth, tripling its annual revenue in each of its first three years and doubling it in 2024. The company’s technology aims to support clinicians by analyzing conversations to produce detailed notes and provide insights, while also improving patient engagement and care outcomes.
ImgSrc: d15shllkswkct0.
References :
- AiThority: Eleos Raises $60 Million Series C to Transform Behavioral Health with AI Agents
- hitconsultant.net: Eleos Secures $60M to Expand AI-Powered Behavioral Health Solutions and Tackle SUD Crisis
- siliconangle.com: Eleos gets $60M in funding to transform behavioral healthcare with AI agents
- : Eleos Secures $60M to Expand AI-Powered Behavioral Health Solutions and Tackle SUD Crisis
- SiliconANGLE: Eleos gets $60M in funding to transform behavioral healthcare with AI agents
Classification:
- HashTags: #EleosHealth #AIHealthcare #BehavioralHealth
- Company: Eleos
- Target: Healthcare Providers
- Product: AI Behavioral Health Solutions
- Feature: AI Agents
- Type: AI
- Severity: Informative