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HiLabs

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uuid0000a8j

Namestring
HiLabs
Legal namestring
HiLabs Inc.
Websiteurl
hilabs.com
Company typeenum
Private
Founded yearint
2014
Descriptiontext

HiLabs is an AI-powered healthcare data management company serving health plans, founded in 2014 and headquartered in Bethesda, Maryland. The company targets the so-called "dirty data" problem in healthcare provider directories, which it estimates costs payers billions annually and drives more than 95% of Medicare Advantage plans to fail CMS audits. Its MCheck platform uses healthcare-specific machine learning models, geospatial technology, and turnkey interoperability to ingest raw provider data from EHRs, rosters, delegated entities, and legacy systems, then clean, standardize, enrich, and validate it into a unified provider data foundation that downstream payer workflows (network design, credentialing, directory accuracy, claims, compliance, member experience) can rely on.

The MCheck platform is composed of specialized modules: MCheck Roster Automation (touchless end-to-end roster processing with claimed 80% manual effort reduction and <48 hour turnaround), MCheck Directory Accuracy (replication of healthcare SME decision-making at scale, achieving 95% directory accuracy and 3M+ erroneous provider locations cleaned), MCheck NetworkIQ (network optimization for compliance, competitiveness, and cost of care, with a focus on ghost networks), MCheck ContractsAI (healthcare-trained contract analysis with 99% pricing extraction accuracy and an estimated $2.47 PMPY savings), MCheck Outreach Intelligence (automated provider and member outreach), plus MCheck Value Based Care and MCheck Clinical modules. The company holds SOC 2 Type II and HITRUST i1 certifications and was named to the 2025 Inc. 5000 list.

HiLabs operates an enterprise SaaS model with a direct field sales motion targeting Medicare Advantage, Medicaid, and Commercial health plans, as well as a growing presence in behavioral health. Pricing is quote-based and not publicly disclosed. The company has raised $39M in a Series B round (March 2024, led by Denali Growth Partners and Eight Roads Ventures, with F-Prime) and operates with 101-250 employees. The leadership team is anchored by co-founder and CEO Amit Garg, with Amir Desai joining as President and Chief Growth Officer in March 2026 to lead commercial scaling.

Short descriptiontext

HiLabs is an AI-powered healthcare data management company that provides the MCheck platform to health plans. Its healthcare-trained machine learning models clean, enrich, and unify provider data for Medicare Advantage, Medicaid, Commercial, and behavioral health plans.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersBethesda, United States
HQ citystring
Bethesda
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
healthcare data management, provider data analytics, roster automation software, healthcare contract management, network adequacy compliance
Industry2 codes
1Payer-Provider Data Exchange (X12, prior auth, claims/clinical attachment)
CodeHLACABAKPrimaryYes
2Interoperability Standards, Profiles & Implementation (HL7/FHIR/IHE)
CodeHLACABAAPrimaryNo
NAICS code1 code
  • Software Publishers513210
SIC code1 code
  • Services-Prepackaged Software7372
Product category
Healthcare Data Management Software
Social media profiles2 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1SaaS Platform Subscriptions
TypeSubscription Recurring
Description

Enterprise SaaS subscription model for the MCheck platform delivering provider data management solutions to health plans. Revenue derived from platform licensing and usage across payer ecosystem.

Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 of 8 records shown
1MCheck®
Description

AI-powered platform for healthcare data management, including Provider Data Management, Value Based Care, and Clinical solutions.

+7 more records
Core offering1 text field

HiLabs sells the MCheck® AI platform, a suite of software modules that help U.S. health plans ingest, cleanse, validate, and maintain provider, roster, directory, network, contract, and clinical data. The platform automates provider data management, roster reconciliation, directory accuracy, network adequacy analysis, contract lifecycle management, and value-based care workflows for Medicare Advantage, Medicaid, Commercial, and behavioral health plans.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 8 values shown
  • 95% directory accuracy achieved with MCheck Directory Accuracy
+7 more records
Product overview1 text field

HiLabs offers a unified AI-powered data management platform called MCheck® with multiple specialized modules designed for healthcare payers. The platform translates raw, inconsistent provider data into unified, accurate, and actionable information. The portfolio consists of eight integrated solutions: MCheck® Platform as the core foundation, supplemented by six operational modules (Roster Automation, Directory Accuracy, NetworkIQ, ContractsAI, Outreach Intelligence, and Value Based Care) plus MCheck® Clinical. These modules share the unified data management infrastructure and healthcare-trained AI models, addressing the $1T healthcare data problem through purpose-built capabilities for network design, credentialing, directory accuracy, claims, compliance, and member experience.

Product and service1 record
1MCheck Platform
Scale indicator11 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
1A Leading National Behavioral Health Plan
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Deployment of MCheck NetworkIQ platform with a national behavioral health organization serving millions of members to achieve 'True Network Adequacy' and address the ghost network problem in healthcare provider directories. Partnership comes as federal regulators intensify scrutiny on health plans with studies showing up to 55% of behavioral health providers listed in Medicare Advantage directories are inactive.

prnewswire.com
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight10 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Kyruus operates a provider data management and scheduling platform for health systems and payers, directly competing with HiLabs in provider directory, network adequacy, and provider search capabilities.

TypeDirect peer
Description

Ribbon Health provides a provider data platform and API used by health plans and digital health companies to power accurate provider directories, network adequacy, and referral routing — a direct competitor to HiLabs's MCheck Directory Accuracy and NetworkIQ modules.

TypeDirect peer
Description

Health Gorilla operates a clinical data exchange and interoperability network connecting payers, providers, and HIEs, overlapping with HiLabs's payer-facing interoperability and data ingestion capabilities.

TypeDirect peer
Description

Particle Health provides a clinical data network and API for payers and digital health companies to access unified patient records, competing with HiLabs in payer-facing data aggregation and clinical data normalization.

TypeDirect peer
Description

Verato provides identity resolution and master data management for healthcare, including provider identity matching — a direct functional overlap with HiLabs's entity resolution, NPI standardization, and provider record-linking capabilities.

TypeDirect peer
Description

1UpHealth operates an FHIR-based healthcare data platform enabling payers and providers to ingest, store, and exchange clinical and claims data, competing with HiLabs's interoperability and data unification layer.

TypeDirect peer
Description

b.well offers a healthcare data interoperability and consumer health data platform used by payers, comparable to HiLabs in payer-side data unification and member/provider data management.

TypeBroad incumbent
Description

Symplr is a large healthcare operations platform spanning provider credentialing, payer/provider data management, and compliance — overlapping with HiLabs's credentialing and provider data offerings as part of a much broader portfolio.

TypeEmerging player
Description

Zus Health provides a shared healthcare data platform for builders and digital health companies, with partial overlap with HiLabs in payer-facing provider and clinical data aggregation.

TypeOthers
Description

Definitive Healthcare is a healthcare commercial intelligence and analytics platform providing provider and market data — adjacent to HiLabs in serving healthcare data buyers, though its focus is industry intelligence rather than provider data management.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability5 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature7 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles6 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance2 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds2 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors4 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

HiLabs

Healthcare Data Management Softwarehilabs.com

HiLabs is an AI-powered healthcare data management company that provides the MCheck platform to health plans. Its healthcare-trained machine learning models clean, enrich, and unify provider data for Medicare Advantage, Medicaid, Commercial, and behavioral health plans.

What HiLabs does

HiLabs is an AI-powered healthcare data management company serving health plans, founded in 2014 and headquartered in Bethesda, Maryland. The company targets the so-called "dirty data" problem in healthcare provider directories, which it estimates costs payers billions annually and drives more than 95% of Medicare Advantage plans to fail CMS audits. Its MCheck platform uses healthcare-specific machine learning models, geospatial technology, and turnkey interoperability to ingest raw provider data from EHRs, rosters, delegated entities, and legacy systems, then clean, standardize, enrich, and validate it into a unified provider data foundation that downstream payer workflows (network design, credentialing, directory accuracy, claims, compliance, member experience) can rely on.

The MCheck platform is composed of specialized modules: MCheck Roster Automation (touchless end-to-end roster processing with claimed 80% manual effort reduction and <48 hour turnaround), MCheck Directory Accuracy (replication of healthcare SME decision-making at scale, achieving 95% directory accuracy and 3M+ erroneous provider locations cleaned), MCheck NetworkIQ (network optimization for compliance, competitiveness, and cost of care, with a focus on ghost networks), MCheck ContractsAI (healthcare-trained contract analysis with 99% pricing extraction accuracy and an estimated $2.47 PMPY savings), MCheck Outreach Intelligence (automated provider and member outreach), plus MCheck Value Based Care and MCheck Clinical modules. The company holds SOC 2 Type II and HITRUST i1 certifications and was named to the 2025 Inc. 5000 list.

HiLabs operates an enterprise SaaS model with a direct field sales motion targeting Medicare Advantage, Medicaid, and Commercial health plans, as well as a growing presence in behavioral health. Pricing is quote-based and not publicly disclosed. The company has raised $39M in a Series B round (March 2024, led by Denali Growth Partners and Eight Roads Ventures, with F-Prime) and operates with 101-250 employees. The leadership team is anchored by co-founder and CEO Amit Garg, with Amir Desai joining as President and Chief Growth Officer in March 2026 to lead commercial scaling.

HiLabs firmographics

Firmographics
Name
HiLabs
Legal name
HiLabs Inc.
Website
https://hilabs.com
Company type
Private
Founded year
2014
Operating status
Operating
Headcount range
251–500 employees
Short description
HiLabs is an AI-powered healthcare data management company that provides the MCheck platform to health plans. Its healthcare-trained machine learning models clean, enrich, and unify provider data for Medicare Advantage, Medicaid, Commercial, and behavioral health plans.
Ownership category
akta.pro rank

HiLabs industry classification

Industry
Product category
Healthcare Data Management Software
NAICS
Software Publishers (513210)
SIC
Services-Prepackaged Software (7372)
akta.pro primary industry
Payer-Provider Data Exchange (X12, prior auth, claims/clinical attachment) (HLACABAK)
akta.pro secondary industry
Interoperability Standards, Profiles & Implementation (HL7/FHIR/IHE) (HLACABAA)

Keywords

  • Healthcare data management
  • Provider data analytics
  • Roster automation software
  • Healthcare contract management
  • Network adequacy compliance

Where HiLabs is headquartered

Location

Headquarters

HQ city
Bethesda
HQ country
United States
HQ region
North America

Markets served

HiLabs business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

  1. SaaS Platform Subscriptions: Enterprise SaaS subscription model for the MCheck platform delivering provider data management solutions to health plans. Revenue derived from platform licensing and usage across payer ecosystem.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

HiLabs product offering

Product offering

Core offering

HiLabs sells the MCheck® AI platform, a suite of software modules that help U.S. health plans ingest, cleanse, validate, and maintain provider, roster, directory, network, contract, and clinical data. The platform automates provider data management, roster reconciliation, directory accuracy, network adequacy analysis, contract lifecycle management, and value-based care workflows for Medicare Advantage, Medicaid, Commercial, and behavioral health plans.

Product overview

HiLabs offers a unified AI-powered data management platform called MCheck® with multiple specialized modules designed for healthcare payers. The platform translates raw, inconsistent provider data into unified, accurate, and actionable information. The portfolio consists of eight integrated solutions: MCheck® Platform as the core foundation, supplemented by six operational modules (Roster Automation, Directory Accuracy, NetworkIQ, ContractsAI, Outreach Intelligence, and Value Based Care) plus MCheck® Clinical. These modules share the unified data management infrastructure and healthcare-trained AI models, addressing the $1T healthcare data problem through purpose-built capabilities for network design, credentialing, directory accuracy, claims, compliance, and member experience.

Differentiator

Problem solved

Functional benefit

Brands

  • MCheck®: AI-powered platform for healthcare data management, including Provider Data Management, Value Based Care, and Clinical solutions.
  • MCheck® Roster Automation
  • MCheck® Directory Accuracy
  • MCheck® NetworkIQ
  • MCheck® ContractsAI
  • MCheck® Outreach Intelligence
  • MCheck Value Based Care
  • MCheck Clinical

Products and services

  • MCheck Platform

Quantifiable outcome

  • 95% directory accuracy achieved with MCheck Directory Accuracy
  • +7 more outcomes

Companies that use HiLabs

Customer profile

Named customers1 record

Segments3 records

Ideal customer profiles3 records

HiLabs technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature7 records

HiLabs partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • A Leading National Behavioral Health PlancoreStrategic or Co-development PartnerDeployment of MCheck NetworkIQ platform with a national behavioral health organization serving millions of members to achieve 'True Network Adequacy' and address the ghost network problem in healthcare provider directories. Partnership comes as federal regulators intensify scrutiny on health plans with studies showing up to 55% of behavioral health providers listed in Medicare Advantage directories are inactive.

Scale indicators11 records

Recent moves6 records

Expansion highlights10 records

HiLabs competitors and assessment

Company assessment

Direct peers

  • Kyruus: Kyruus operates a provider data management and scheduling platform for health systems and payers, directly competing with HiLabs in provider directory, network adequacy, and provider search capabilities.
  • Ribbon Health: Ribbon Health provides a provider data platform and API used by health plans and digital health companies to power accurate provider directories, network adequacy, and referral routing — a direct competitor to HiLabs's MCheck Directory Accuracy and NetworkIQ modules.
  • Health Gorilla: Health Gorilla operates a clinical data exchange and interoperability network connecting payers, providers, and HIEs, overlapping with HiLabs's payer-facing interoperability and data ingestion capabilities.
  • Particle Health: Particle Health provides a clinical data network and API for payers and digital health companies to access unified patient records, competing with HiLabs in payer-facing data aggregation and clinical data normalization.
  • Verato: Verato provides identity resolution and master data management for healthcare, including provider identity matching — a direct functional overlap with HiLabs's entity resolution, NPI standardization, and provider record-linking capabilities.
  • 1UpHealth: 1UpHealth operates an FHIR-based healthcare data platform enabling payers and providers to ingest, store, and exchange clinical and claims data, competing with HiLabs's interoperability and data unification layer.
  • b.well Connected Health: b.well offers a healthcare data interoperability and consumer health data platform used by payers, comparable to HiLabs in payer-side data unification and member/provider data management.

Broad incumbents

  • Symplr: Symplr is a large healthcare operations platform spanning provider credentialing, payer/provider data management, and compliance — overlapping with HiLabs's credentialing and provider data offerings as part of a much broader portfolio.

Emerging players

  • Zus Health: Zus Health provides a shared healthcare data platform for builders and digital health companies, with partial overlap with HiLabs in payer-facing provider and clinical data aggregation.

Others

  • Definitive Healthcare: Definitive Healthcare is a healthcare commercial intelligence and analytics platform providing provider and market data — adjacent to HiLabs in serving healthcare data buyers, though its focus is industry intelligence rather than provider data management.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

HiLabs social profiles

Digital presence

HiLabs compliance and trust

Trust signal

Compliance2 records

HiLabs financial estimates

Financial estimate

Revenue estimate

Valuation estimate

HiLabs leadership team

Management profile

Number of profiles

Profiles6 records

HiLabs funding detail

Funding detail

Funding overview

Funding rounds2 records

Investors4 records

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

HiLabs M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about HiLabs

What does HiLabs do?

HiLabs sells the MCheck® AI platform, a suite of software modules that help U.S. health plans ingest, cleanse, validate, and maintain provider, roster, directory, network, contract, and clinical data. The platform automates provider data management, roster reconciliation, directory accuracy, network adequacy analysis, contract lifecycle management, and value-based care workflows for Medicare Advantage, Medicaid, Commercial, and behavioral health plans.

Is HiLabs a public or private company?

HiLabs is a private company. It is classified as venture growth investor backed and is currently operating.

When was HiLabs founded?

HiLabs was founded in 2014. It employs 251 to 500 people.

Where is HiLabs based?

HiLabs is headquartered in Bethesda, United States, in the North America region.

How does HiLabs make money?

One revenue line is on record: saaS Platform Subscriptions.

Who are HiLabs's main competitors?

Direct peers on record are Kyruus, Ribbon Health, Health Gorilla, Particle Health, Verato, 1UpHealth and b.well Connected Health. Symplr is listed as a broad incumbent. Zus Health is listed as an emerging player. Definitive Healthcare is listed as an others.

Does HiLabs have an API?

No public API is recorded for HiLabs.

What industry is HiLabs in?

HiLabs's product category is Healthcare Data Management Software. Its primary akta.pro industry code is HLACABAK, Payer-Provider Data Exchange (X12, prior auth, claims/clinical attachment), with a secondary code of HLACABAA, Interoperability Standards, Profiles & Implementation (HL7/FHIR/IHE). Its NAICS code is 513210 and its SIC code is 7372.

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Live signals
PR NewswireHiLabs Achieves HITRUST e1 and AI Security Certification for its MCheck® Platform, Strengthening Enterprise Security and AI GovernanceHiLabs announced it achieved HITRUST e1 and AI Security certifications for its MCheck platform, validating cybersecurity and AI-specific risk management. The certifications provide third-party assurance for health plans, covering safeguards against prompt injection, model inversion, and data poisoning. The company states this gives customers a single framework for evaluating both traditional and AI security.PR NewswireHiLabs Named to the Inc. 5000 List for the Second Consecutive YearHiLabs was named to the Inc. 5000 list for the second consecutive year, citing its healthcare-native AI platform. The company now serves six of the top ten U.S. health plans, covering over 150 million Americans. It also secured a major government contract, details of which will be announced soon.PR NewswireA Leading National Behavioral Health Plan Selects HiLabs to Achieve 'True Network Adequacy' As Ghost Networks Draw Federal ScrutinyHiLabs, Inc. announced the deployment of its MCheck™ NetworkIQ platform with a national behavioral health organization serving millions of members, positioning the AI-powered tool as a solution to the ghost network problem in healthcare provider directories. The deployment comes as federal regulators intensify scrutiny on health plans, with studies showing that up to 55% of behavioral health providers listed in Medicare Advantage directories are inactive and state regulators levying multi-million dollar penalties for networks that exist only on paper.PR NewswireHiLabs Achieves HITRUST i1 Certification to Manage Data Protection and Mitigate Cybersecurity ThreatsHiLabs, an AI-powered healthcare data management company, has achieved HITRUST i1 Certification for its MCheck platform, AWS cloud infrastructure, and corporate offices in Bethesda, Pune, and Bangalore. The certification represents the company's third consecutive achievement and demonstrates alignment with industry-recognized security controls for defending against current and emerging cybersecurity threats. HiLabs CEO Amit Garg stated that the certification reflects the company's mission to improve healthcare data quality and integrity while ensuring the confidentiality, integrity, and availability of client data.PR NewswireHiLabs Recognized in the Gartner® Report for Provider Network Management ApplicationsHiLabs, an AI-powered healthcare data solutions provider based in Bethesda, Maryland, was recognized in the Gartner Market Guide for U.S. Healthcare Payers' Provider Network Management Applications published June 16, 2025. The company was highlighted specifically for its NetworkIQ product within the MCheck suite, a modular network management application that helps health plans develop, manage, and optimize provider networks while addressing compliance, competitiveness, and cost-of-care requirements. Gartner's report emphasized data quality as a critical component of PNM solutions, noting that AI-powered approaches like HiLabs' can address longstanding limitations of legacy provider data systems.YaleNewsAlumni Venture HiLabs Closes $39 Million Funding RoundHiLabs, a healthcare AI company founded by Amit Garg and Neel Butala, raised $39 million in a Series B round. The funding comes from Denali Growth Partners, Eight Roads Ventures, and F-Prime Capital. The company uses AI to clean and analyze healthcare data for insurers and providers.WeareconfluxUX and Artificial Intelligence in telehealth: simplifying access to healthcare servicesA Conflux blog post argues that user-centered design and artificial intelligence are essential for improving telemedicine adoption, citing Italy's 57% electronic health records coverage and a national patient portal. It outlines UX principles, multi-device usability, and AI tools such as chatbots, personalization, and recommendation algorithms. The company promotes its HEI!LAB innovation lab with Edra.PR NewswireHiLabs Study Featured in MedPAC June 2024 Report to Congress Highlights Alarming Inconsistencies in Provider DirectoriesA study conducted by HiLabs using its AI technology and led by Chief Medical Officer Dr. Neel Butala was featured in the Medicare Payment Advisory Commission's June 2024 report to Congress on Medicare Advantage Provider Networks. The study analyzed data from 449,282 U.S. physicians and found that 81% of provider entries contained inconsistencies across five major health plans, raising concerns about patient access to care, delayed treatment, surprise billing, and ghost networks. The findings align with increased regulatory attention, including legislation such as the No Surprises Act, and highlight the potential for AI solutions to address provider data management challenges.The SaaS NewsHiLabs Raises $39 Million in Series BHiLabs, a Bethesda-based provider of AI-powered healthcare data solutions, has closed a $39 million Series B funding round. The investment was led by Denali Growth Partners and Eight Roads Ventures, with participation from F-Prime Capital. The company intends to use the capital to enhance its technology infrastructure, expand product teams, and support business growth.IncubeesHiLabs raised $39 M Series B funding from Eight Roads Ventures, Denali Growth Partners – IncubeesIndian healthcare solutions company HiLabs announced a $39 million Series B funding round led by Denali Growth Partners and Eight Roads Ventures, with participation from F-Prime Capital. The capital will be used to further develop the company's MCheckTM platform for healthcare data ingestion and enrichment, hire elite personnel, and expand product teams. HiLabs aims to leverage this investment to advance its AI technology and support healthcare organizations in making data-driven decisions.