Hippocratic AI, a healthcare-focused generative AI company, has secured $15 million in funding and established partnerships with ten prominent healthcare organizations, including Cincinnati Children’s Hospital, HonorHealth, Universal Health Services, and ELNA Medical Group. Backed by General Catalyst and Andreessen Horowitz, the company aims to build a large language model (LLM) tailored for healthcare across diverse sectors, focusing on non-diagnostic, patient-facing applications. The partnerships will assist in evaluating safety and data governance, as well as testing specific use cases for the model. While the exact timeline for implementation remains undefined, Hippocratic AI’s co-founder and CEO, Munjal Shah, emphasized a deliberate approach to development, leveraging the $65 million raised to date. Early use cases are expected to benefit from partner feedback and pilot projects, with the model being standardized across sectors.
This announcement highlights the growing interest in healthcare-specific generative AI, underscored by partnerships with major players and substantial investment despite the lack of an immediate go-to-market strategy. Partners like Cincinnati Children’s Hospital and HonorHealth recognize the potential for AI to address unique challenges, such as incorporating pediatric care into model training. Meanwhile, Universal Health Services and HonorHealth are taking measured approaches, focusing on shaping model development and identifying actionable projects within the next six to eight months. The initiative reflects a broader trend, as competitors like Microsoft integrate GPT-4 into electronic health records, signaling a race to enhance operational efficiency and patient engagement in the healthcare sector.