What Evida does

Evida Health is a private digital health company that provides AI-powered clinical data abstraction software to hospitals, health systems, specialty centers, ambulatory facilities, and quality consulting partners. Its platform automates the extraction of clinical quality measures from patient charts for submission to the major U.S. healthcare registries, including CMS quality reporting, NCDR, GWTG, AJRR, ACS NSQIP, ACS TQIP, STS, MBQIP, and cancer registries. The product addresses manual chart review, evidence traceability, and audit-readiness pain points for clinical quality teams.

The platform is built on an EMR-agnostic architecture that processes both structured (FHIR resources, discrete fields, lab results, flow sheets) and unstructured (clinical notes, discharge summaries, operative notes, PDFs) EHR data across Epic, Oracle Cerner, MEDITECH, athenahealth, PointClickCare, and Allscripts. Its core technical differentiator is an evidence-linking system that attaches every abstracted answer to the exact source document, page, and highlighted text phrase, creating an audit trail. The product suite consists of three components: the Platform layer, an AI Data Abstraction module that drafts registry answers with confidence scores and reviewer validation, and a Quality Intelligence module that delivers case debriefs, documentation gap detection, and performance analytics in near real time. A change-aware recompute architecture targets affected cases when source facts change without overwriting accepted human work.

Evida operates a SaaS subscription model with quote-based enterprise pricing and no publicly disclosed tiers. Go-to-market is direct field sales targeting clinical quality teams, abstraction staff, and healthcare administrators, supplemented by partner referrals from quality consulting and abstraction firms. The company was founded by Akshaya and Varun, who experienced clinical registry workflow challenges firsthand at hospitals. In April 2026, Evida joined the Caduceus LAUNCH digital health accelerator operated by Caduceus Capital Partners. The company is HIPAA compliant and is pursuing SOC 2 Type 2 certification.

Name

Evida

Legal name

Evida Health

Website

https://evidahealth.ai

Company type

Private

Operating status

Operating

Short description

Evida Health provides AI-powered clinical data abstraction software for hospitals and health systems. The platform extracts structured registry answers from EHR data and links each answer to source evidence, supporting quality reporting across all major clinical registries.

Ownership category

akta.pro rank

Product category

Healthcare Clinical Data Abstraction Software

NAICS

Software Publishers (5132), Software Publishers (513210), Other Computer Related Services (541519)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Clinical Coding Support (ICD/CPT/SNOMED) & Documentation Compliance Tools (HLACAAAO)

akta.pro secondary industries

EHR Extensions, APIs, App Marketplaces & SMART-on-FHIR Apps (HLACAAAN), Nursing, Clinical Notes & Documentation Workflow Tools (HLACAAAG)

Keywords

• Clinical data abstraction
• Healthcare quality software
• Registry reporting software
• AI clinical documentation
• Hospital quality intelligence

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Subscription: Clinical data abstraction software delivered as SaaS subscription. Pricing likely based on case volume, registry count, or per-abstraction basis for hospitals and health systems. No specific pricing publicly disclosed.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Evida sells an AI-powered clinical data abstraction SaaS platform that reads patient charts across major EHR systems, drafts registry answers, and links each answer back to exact source documents with highlighted evidence for audit trails. The platform combines AI Data Abstraction and Quality Intelligence modules to support hospital clinical quality, registry reporting, accreditation compliance, and audit readiness across CMS, stroke, cardiac, trauma, surgical, and cancer quality programs. Customers are hospitals, health systems, critical access hospitals, ambulatory surgery and cardiac centers, specialty service lines, and quality consulting partners.

Product overview

Evida is a unified clinical quality platform consisting of three core components: the Platform (core infrastructure), AI Data Abstraction (automated measure extraction from clinical notes and EHR data with evidence linking), and Quality Intelligence (case debriefs, gap detection, risk analysis, and performance analytics). The platform is EMR-agnostic, works with structured and unstructured data, and supports all major healthcare registries including NCDR, GWTG, STS, ACS NSQIP/TQIP, AJRR, CMS, and MBQIP. The AI Data Abstraction module drafts registry answers and links each to source evidence while human reviewers validate and submit. Quality Intelligence provides near real-time case identification, performance tracking, and audit-ready operations. The platform saves 4-6 hours per patient chart review through automated abstraction, evidence linking, and gap identification.

Differentiator

Problem solved

Functional benefit

Products and services

• Platform

Quantifiable outcome

• 4-6 hours saved per patient chart review (30-45 min finding source evidence, 2-3 hours abstracting measures, 45-60 min resolving gaps)
• +3 more outcomes

Named customers1 record

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration14 records

AI capability5 records

Feature6 records

Scale indicators3 records

Recent moves4 records

Expansion highlights5 records

Direct peers

• Q-Centrix: Clinical data abstraction services and technology partner for hospitals serving NCDR, GWTG, STS, NSQIP and other quality registries. Directly comparable because it solves the same manual chart-review problem Evida targets, though Q-Centrix is services-heavy rather than AI-native.
• Datavant: Healthcare data exchange and connectivity platform enabling clinical record transfer across providers, payers, and registries. Comparable because it underpins clinical data movement that feeds into abstraction and registry submission workflows.
• MRO Corp. Clinical data exchange and release-of-information platform serving hospitals with chart-level data workflow and audit trail capabilities. Comparable as a peer focused on clinical record access and audit-ready documentation workflows.

Broad incumbents

• Innovaccer: Healthcare data activation platform with quality, population health, and risk-adjustment modules aggregating clinical data across multiple EHRs. Comparable as a broader incumbent offering overlapping abstraction and registry analytics capabilities.
• Health Catalyst: Enterprise healthcare analytics and quality improvement platform serving hospitals and health systems with measure abstraction and outcomes analytics. Comparable because it addresses the same hospital quality and registry reporting use cases as part of a broader analytics portfolio.
• Arcadia: Healthcare data analytics platform that aggregates EHR, claims, and registry data for population health and quality reporting. Comparable because it serves hospital quality teams needing to abstract registry measures across multiple EHR environments.
• symplr: Healthcare governance, risk, compliance, and quality operations platform serving hospitals and health systems. Comparable as an incumbent providing adjacent quality and compliance workflows that compete for the same hospital budget.
• Premier Inc. Healthcare improvement and quality reporting company serving hospitals with quality, safety, and regulatory reporting solutions including registry participation. Comparable because it bundles benchmarking and registry abstraction services for hospital quality departments.

Emerging players

• Particle Health: Clinical data retrieval API that aggregates patient records from health systems, payers, and EHRs. Comparable as an emerging player in the underlying clinical data access layer that powers registry abstraction and quality workflows.
• Truveta: Clinical data platform aggregating de-identified patient records across health systems for analytics and quality insights. Comparable as an emerging player enabling cross-EHR clinical data access relevant to large-scale abstraction and registry work.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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 Evida