Commure to Acquire Augmedix in US$139Mn Deal, Expanding AI Capabilities in Healthcare
Newsletter
Commure has announced its agreement to acquire Augmedix in a US$139Mn deal, a move that will take Augmedix private and expand Commure's AI-driven software offerings in the healthcare sector. This acquisition positions the combined entity to enhance the productivity of healthcare providers across the United States.
Augmedix specializes in Ambient AI-powered medical scribing, supporting over 20 major health systems and numerous care sites. Commure and Augmedix aim to manage over 3 million physician appointments this year through advanced AI technologies, including ambient scribing and revenue cycle automation. The integration is expected to save physicians an average of 2 hours in documentation time per day and facilitate productivity savings nationwide.
Tanay Tandon, CEO of Commure, stated that the partnership is "in line with the health assurance vision” and believes “this combination further unlocks an ecosystem of companies that can collaborate to transform healthcare. In partnership with Augmedix, Commure is poised to become the single, AI-powered interface for providers, accelerating innovation and our shared goal of creating a more proactive, accessible, and affordable system of care.”
This acquisition aligns with Commure's ongoing expansion within health systems and private practices, where its technologies currently support over 250,000 providers. The merger aims to enhance their collective capacity to improve healthcare operations and patient care.