Frost & Sullivan’s recent assessment of conversational AI for healthcare providers resulted in it recognizing Suki AI with the 2023 North American Entrepreneurial Company of the Year Award. As a leader in voice AI technology for healthcare, the company is on a mission to lift the administrative burden from clinicians by providing them with the tools and resources needed to alleviate time spent on administrative tasks.
Each year, Frost & Sullivan honors the most promising and disruptive market participant with the award. Suki AI stands out with its innovative use of technology and quick response to market needs that bring forth groundbreaking solutions and redefine the competitive landscape.
Its flagship product, Suki Assistant, is the only AI voice assistant on the market that integrates with all major EHRs and encompasses ambient, command, and dictation modes in a single solution. It seamlessly works with clinicians’ existing workflows to streamline interactions in healthcare, while simultaneously eliminating inefficiencies and enhancing patient care. Suki Assitant has already proven to reduce documentation time by 72 percent, which not only boosts productivity but is pivotal in combating burnout. It combines security, privacy, extensive datasets, and interoperability to secure wide clinician adoption.
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Manuel Albornoz, Best Practices research analyst at Frost & Sullivan, noted, “Suki’s solution allows clinicians to experience a remarkable 5 percent increase in encounter volumes, generating an impressive $21,600 incremental annual revenue for each user. In addition to expedited reimbursements, it delivers improved cash flow and an impressive metric of 12X customer investment return within its first year of use.”
Suki AI offers its cutting-edge solution at a fraction of its competitor’s prices, sometimes as low as one-third, and works across over 30 specialties. With more than 200 trusted healthcare provider partners, including some of the country’s largest health systems and clinics, the company collaborates with influential organizations such as Google, Epic, and the American Academy of Family Physicians (AAFP). Suki AI has proven to be a leading force in health technology and is the first ambient solution commercially available on the market – showcasing its commitment to improving the clinician experience.
“Suki stands out, uniquely leveraging its technology to meet its customers’ needs and positioning itself to capitalize on new growth opportunities. It incorporates customer-centric strategies, building substantial brand equity and elevating its market leadership status,” added Delfina Huergo, Best Practices research analyst at Frost & Sullivan.
SOURCE : PRNewswire