Mobile-health Network Solutions Secures $10M to Advance AI-Powered Telehealth Platform
TL;DR
MNDR secures $10 million funding to expand AI Agent technology, gaining a competitive edge in telehealth solutions market.
MNDR's AI Agent uses real-time clinical decision support, NLP, and adaptive learning to enhance accuracy and streamline healthcare providers' workflows.
AI Agent by MNDR helps doctors reduce documentation workload, improving efficiency and allowing more focus on patient care.
Singapore-based pilot of AI Agent completed 6,000 consultations with 98% accuracy, showcasing its potential to revolutionize healthcare workflows.
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Mobile-health Network Solutions (MNDR), a MedTech innovator in the Asia-Pacific region, has secured $10 million in strategic funding to develop and expand its AI Agent technology, a sophisticated platform designed to transform healthcare provider documentation and workflow efficiency.
The funding, obtained through a Standby Equity Subscription Agreement with Yorkville, will support the continued development of an AI platform that distinguishes itself through adaptive learning and real-time clinical decision support. Unlike traditional rule-based AI models, MNDR's technology is designed to evolve continuously, utilizing multilingual natural language processing to enhance accuracy and interaction with healthcare professionals.
A recent pilot study in Singapore demonstrated the platform's potential, completing 6,000 consultations with participants reporting significant efficiency gains. Notably, one participating doctor indicated that AI Agent reduced paperwork by 50%, allowing more focus on patient care. Preliminary validation data showed the system achieving over 98% accuracy in consultation documentation.
Dr. Siaw Tung Yeng, co-CEO of Mobile-health Network Solutions, emphasized the company's commitment to developing AI-driven solutions that support healthcare providers while maintaining patient safety and data security. The funding provides strategic flexibility for technological refinement and regional expansion, particularly in Southeast Asia's growing digital healthcare market.
The investment represents a significant step in addressing healthcare professionals' documentation challenges, potentially transforming telehealth service delivery by enabling more patient-centric care through technological innovation.
Curated from NewMediaWire
