Only 1 healthcare-specific AI startup makes a Forbes top 25

After perusing info on AI startups as compiled by Crunchbase, Forbes senior contributor Louis Columbus has named one “to watch” in 2021 that serves exclusively healthcare.

Austin, Texas-based ClosedLoop.ai makes Columbus’s top 25 on the strength of its platform for streamlining patient experiences while improving healthcare providers’ profitability.

“Their machine learning automation platform and a catalog of pre-built predictive and prescriptive models can be customized and extended based on a healthcare provider’s unique population or client base needs,” he explains. “Examples of their technology applications include predicting admissions/readmissions, predicting total utilization & total risk, reducing out-of-network utilization, avoiding appointment no-shows, predicting chronic disease onset or progression and improving clinical documentation and reimbursement.”

Another startup to catch Columbus’s eye, London-based V7, has a hand in healthcare while also penetrating other industries with its image-recognition offering.

Columbus also breaks out the top 10 cities and regions in the world for attracting AI startup funding over the past year. They are:

  1. San Francisco
  2. London
  3. New York
  4. Tel Aviv
  5. Palo Alto
  6. Toronto
  7. Boston
  8. Seattle
  9. San Jose
  10. Singapore

Read the whole thing.