What Abstractive Health does

Abstractive Health is a New York-based clinical AI company building a Patient Intelligence platform that converts fragmented longitudinal medical records into evidence-grounded, pre-visit clinical summaries for U.S. physicians and value-based care organizations. Its core technology combines retrieval-augmented generation (RAG), a patented section-to-meta NLP summarization pipeline trained on 10,000+ patient charts in partnership with Weill Cornell Medicine, and a geospatial AI search engine that queries hundreds of Carequality/CommonWell HIE endpoints in parallel to retrieve records from 70,000+ facilities covering approximately 94% of U.S. patients in roughly four minutes. The platform normalizes CCDA, FHIR R4, PDF, and TIFF documents into a unified JSON structure and generates summaries with sentence-level provenance linking each output back to its source note, addressing the core clinical risk of LLM hallucination in patient-facing documentation. Validated outcomes include a 39% comprehension accuracy improvement (NSF-funded research), improvement from 60% to 83.3% accuracy on timed chart questions, and approximately 30% reduction in average chart preparation time.

The product surface has expanded from AI Medical Record Summaries and Record Retrieval to include Clinical Question & Answering (RAG), AI CDS Alerts for clinical decision support, a Clinical Time Machine module offering CME-accredited gamified case challenges, and a REST API for developer and health-system integrations. Distribution is hybrid: a self-serve product-led web application targets individual clinicians via a free tier (5 monthly patient searches) and a $99/user/month Standalone plan, while an Organization tier with SMART on FHIR EHR integration (across Epic, Cerner, Athenahealth, eClinicalWorks, NextGen, Veradigm, DrChrono, Canvas, Oscar, Greenway, Practice Fusion, and AdvancedMD) targets enterprise health systems through consultative field sales. Named customers span primary care (Greater Good Health, Personal Physicians HealthCare, Sally Health), emergency medicine (Moon Medicine), palliative care (Care Dimensions), gastroenterology (Eugene Gastroenterology), pulmonary (Redwood Pulmonary), and academic medicine (Weill Cornell Medicine as both research partner and customer), alongside Balto Health and Well Health.

Revenue mechanics combine freemium conversion, per-seat subscription, and custom multi-year enterprise contracts; compliance posture includes HIPAA, SOC 2 Type 2, CCPA, NIST 800-63A IAL2 (via Vouched partnership), and Certified B Corp status. The company is venture-backed with ~$3.2M in disclosed equity funding across rounds in 2022, 2023, and 2024 (latter led by Rho Capital Partners with Pear VC participation), supplemented by an NSF Phase II grant and SBIR/STTR awards. Founded in 2022, the company operates as a small team (11-50 employees) headquartered in New York City and remains privately held with no public revenue disclosures.

Name

Abstractive Health

Legal name

Abstractive Health Inc.

Website

https://abstractivehealth.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Abstractive Health is a New York-based clinical AI platform that retrieves patient records from national HIE networks (Carequality/CommonWell) and generates evidence-based medical record summaries with sentence-level provenance for U.S. clinicians and value-based care organizations.

Ownership category

akta.pro rank

Product category

Clinical Documentation AI

NAICS

Software Publishers (5132)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370), Services-Misc Health & Allied Services, Nec (8090)

akta.pro primary industry

EHR Extensions, APIs, App Marketplaces & SMART-on-FHIR Apps (HLACAAAN)

akta.pro secondary industries

Clinical Document & Data Exchange (C-CDA, CCD, Direct Messaging) (HLACABAI), API Management & Developer Portals for Health Data (HLACABAD)

Keywords

• Clinical documentation AI
• Medical record summarization
• Healthcare interoperability
• Clinical decision support
• EHR integration

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations

Revenue model

1. Subscription - Standalone Web App: Per-user monthly subscription at $99/user/month for the Standalone plan. Includes unlimited patient searches + AI medical record summaries, unlimited scan summarizations, download as PDF/FHIR/JSON, and automated batch schedule uploads. No setup or implementation fees.
2. Freemium - Free Clinician Account: Free forever limited-use plan offering 5 patient searches + AI medical record summaries per month, 5 PDF uploads per month, and unlimited AI question answering. Serves as acquisition/try-before-you-buy motion. A 15-day full free trial is also offered for the Standalone plan.
3. Organization / Enterprise Plan: Custom-priced organization plan including all Standalone features plus priority customer support with direct access to management team, direct EHR integration, API access for custom workflows, and custom note templates. Sold via consultative sales motion.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Abstractive Health is a physician AI assistant that retrieves outside patient records from national Health Information Exchanges (Carequality, CommonWell) and transforms full longitudinal charts into concise, clinically validated AI medical record summaries with sentence-level source provenance. The platform adds retrieval-augmented clinical question answering, customizable AI clinical decision support alerts, and EHR integration via SMART on FHIR, and is sold to individual clinicians and health systems through a self-serve web app and enterprise Organization plan.

Product overview

Abstractive Health offers a unified Patient Intelligence platform for pre-visit chart review, combining Record Retrieval (through Carequality/CommonWell HIE networks), AI Medical Record Summaries (longitudinal chart summarization with sentence-level provenance), and Clinical Question & Answering (RAG-based Q&A). Optional add-ons include AI CDS Alerts (customizable clinical decision support notifications) and Clinical Time Machine (interactive CME credits). The Company offers an Organization plan tier that includes EHR integration (Epic, Athena, Cerner, and others via SMART on FHIR), API access, and custom workflows. Pricing includes a Free tier (limited monthly searches), Standalone plan ($99/user/month), and Organization/EHR integration plan (custom pricing).

Differentiator

Problem solved

Functional benefit

Products and services

• AI Medical Record Summaries Clinically validated AI engine that transforms a patient's full longitudinal chart into concise, clinically relevant narratives covering diagnoses, medications, allergies, hospitalizations, and key events across institutions, with sentence-level provenance linking each sentence back to its source note. Trained on 10,000+ patient charts in partnership with Weill Cornell Medicine and validated in JAMA Network Open.
• Record Retrieval Fast medical record retrieval service through national HIE networks (Carequality, CommonWell) using a geospatial AI search algorithm that queries hundreds of HIE endpoints in parallel around a patient's current and prior addresses (within 100-150 miles) and returns unified longitudinal charts in ~4 minutes. Normalizes CCDA, FHIR R4, PDFs, and TIFF/image-based documents into a single JSON structure.
• Clinical Question & Answering (RAG) Clinical RAG engine that allows clinicians to ask free-text questions about a patient and receive concise, evidence-based answers with transparent citations linking both to the patient's chart sentences and to external guidelines/peer-reviewed literature.
• Healthcare AI API REST API giving developers and health systems direct programmatic access to AI-powered medical record retrieval, summarization, and clinical question answering. Returns structured JSON outputs designed for integration into custom EHRs, clinical applications, and research platforms. Sandbox environment is available immediately after account creation.

Quantifiable outcome

• AI clinical summaries boost comprehension accuracy by 39% (NSF-funded research)
• +5 more outcomes

Named customers10 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration15 records

AI capability8 records

Feature5 records

Partnerships

Five partnerships are on record, tiered core and major.

• Weill Cornell MedicinecoreStrategic or Co-development PartnerClinical validation partner for AI medical record summarization. Trained and fine-tuned summarization engine on 10,000+ patient charts. Joint research published in JAMA Network Open on AI-generated emergency medicine handoff notes. The partnership provides clinical credibility and real-world training data for the AI platform.
• VouchedcoreTechnology or IntegrationSince March 2026, Vouched provides AI-powered identity verification to authenticate receiving providers through NIST IAL2 (Identity Assurance Level 2), NPI validation, and treatment relationship checks for clinical patient handoff workflows. Vouched achieved Kantara Initiative Ready to Operate approval for NIST 800-63A IAL2.
• Guardrails AIcoreTechnology or IntegrationPartnered with Guardrails AI to provide an additional validation framework reinforcing the integrity of LLM applications. Guardrails AI offers safety and reliability validation that protects against patient data breaches, hallucinations, and system inconsistencies in clinical AI outputs.
• CarequalitycoreTechnology or IntegrationAbstractive Health is a Carequality implementer, enabling health information exchange between and among health information networks. Through Carequality, the platform performs geospatial record retrieval covering 94% of U.S. patients from hospitals, clinics, and imaging centers. Subject to Carequality Connection Terms.
• CommonWell Health AlliancemajorTechnology or IntegrationIntegration with CommonWell Health Alliance HIE network, complementing Carequality integration for national health information exchange coverage. Together they provide access to patient records from 70k+ facilities.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Augmedix: Augmedix provides ambient AI medical documentation and virtual scribes for healthcare systems, competing for the same clinician documentation and chart-prep workload that Abstractive Health automates.
• Suki AI: Suki offers an AI clinical assistant that generates notes, answers questions, and integrates with EHRs — directly comparable to Abstractive's summarization and RAG-based Q&A product targeting ambulatory clinicians.
• Nabla: Nabla builds an AI ambient scribe and clinical note-generation tool that competes head-to-head with Abstractive Health's AI summarization and clinician-facing workflow.
• Notable: Notable provides AI-powered automation for clinical workflows including patient intake and documentation, overlapping with Abstractive's chart retrieval, summarization, and care-gap identification capabilities.
• Abridge: Abridge is a leading AI medical scribe and ambient documentation platform for clinicians, closely overlapping Abstractive Health's pre-visit and encounter-level summarization use case across health systems and individual clinicians.
• DeepScribe: DeepScribe automates medical documentation using ambient AI and EHR integration — comparable AI scribe technology targeting the same outpatient and specialty practice buyers as Abstractive.

Emerging players

• Innovaccer: Innovaccer provides a healthcare data platform with EHR-integrated AI workflows for value-based care, population health, and clinician insights — adjacent to Abstractive's record retrieval and care-gap surfacing.
• Iodine Software: Iodine Software applies AI to clinical documentation integrity and physician chart review, with overlapping use cases in chart summarization, care-gap detection, and CDI workflows that Abstractive also targets.

Broad incumbents

• Nuance (Microsoft) — DAX Copilot: Microsoft's Nuance DAX Copilot is an ambient AI clinical documentation product integrated across the Microsoft Cloud for Healthcare stack — a well-capitalized incumbent targeting the same AI scribe use case Abstractive addresses.
• Solventum (3M Health Information Systems): Solventum (3M HIS) is a large incumbent in clinical documentation, coding, and AI-assisted physician workflows — a broad enterprise competitor with overlapping chart summarization and CDI capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/abstractive-health
• Instagraminstagram.com/abstractivehealth

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds4 records

Investors9 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Abstractive Health