Augmedix, Inc. - Common Stock (AUGX)

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NEW YORK, Sept. 07, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

NEW YORK, July 24, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Augmedix, Inc. (NASDAQ: AUGX) to Commure, Inc. for $2.35 per share in cash is fair to Augmedix shareholders.

Augmedix is using ambient AI in an effort to transform doctor-patient conversations to improve workflows and improve the accuracy of medical records

Augmedix (NASDAQ: AUGX), a healthcare technology company that delivers ambient medical documentation and data solutions to healthcare systems, physician practices, hospitals, and telemedicine practitioners, has executed a strategic financing agreement. The agreement, which will raise $12 million in new equity, is with HCA Healthcare Inc. (NYSE: HCA) , one of the nation’s leading healthcare providers, and Redmile Group LLC, a San Francisco-based institutional healthcare investor. According to the announcement, the new funds will allow Augmedix to achieve positive cash flow without additional financing. In addition to the financing agreement, Augmedix and HCA have announced a partnership; the two companies will work together to advance the development of AI-powered ambient documentation products for acute care clinicians, a process that will help streamline hospital workflows, improve the ease of documentation and provide healthcare providers with more time to spend with patients. The products are designed to instantly convert typical clinician-patient conversations into medical notes for easy review; those notes can be seamlessly transferred in real time to the Electronic Health Record (EHR). “HCA Healthcare is a leader in deploying healthcare technology to improve patient outcomes and support physicians and nurses, and as such, they represent an ideal partner for Augmedix to deliver our innovative products to the industry at scale,” said Augmedix CEO Manny Krakaris in the press release. “As we continue to enhance our product offerings to best satisfy the needs of patients, nurses and physicians, we look forward to helping HCA Healthcare transform clinical documentation in the acute-care setting.”

NetworkNewsWire Editorial Coverage: Keeping up with precise documentation and a myriad of regulations is not only burdensome for physicians, it also restricts important physician/patient interaction and limits accurate and compassionate patient care. Many in healthcare believe it is the single largest pain point in the physician/patient relationship. The idea of outsourcing this task to third parties that have the resources and expertise to generate the requisite documentation much more cost effectively seems like a rational economic division of labor.  And make no mistake about it, technology is increasingly tipping the scale in favor of virtual documentation solutions with the latest advances in automatic speech recognition (“ASR”) and natural language processing (“NLP”).  These technologies are integral to the virtual documentation solutions developed by Augmedix Inc. (NASDAQ: AUGX) (Profile). A pioneer in virtual, real-time, medical-note documentation, Augmedix is “re-humanizing healthcare” and alleviating healthcare system pressures with its unique digital health platform that provides virtual medical documentation and live clinical support. The company is at the vanguard of the next generation of technologies being integrated into a healthcare marketplace that is notoriously cautious to make changes. Along with Augmedix, others in the sector, such as Vocera Communications Inc. (NYSE: VCRA), Phreesia Inc. (NYSE: PHR), American Well Corporation (NYSE: AMWL), and DarioHealth Corp. (NASDAQ: DRIO), are leading a transformational shift in healthcare to a more efficient…

NetworkNewsWire Editorial Coverage   New York, NY – December 7, 2021 – Keeping up with precise documentation and a myriad of regulations is not only burdensome for physicians, it also restricts important physician/patient interaction and limits accurate and compassionate patient care. Many in healthcare believe it is the single largest pain point in the physician/patient […]