STAT+: Eleos raises $60 million for AI scribe for behavioral health providers

Eleos Health, maker of a product that generates clinical notes from audio of behavioral health appointments, has raised $60 million on the bet that therapy is different enough from other health care that providers need entirely different software.

The rise of large language models that can efficiently summarize text has fueled the rapid development of companies using the technology to take documentation burden off overworked clinicians. But where companies like Abridge have raised hundreds of millions of dollars to focus on health systems that provide a range of acute care services, Eleos is singularly focused on the needs of community behavioral health organizations that provide ongoing care, often to the most disadvantaged people.

Eleos’ documentation technology runs in the background of a session and converts the audio directly into a clinical report 30 seconds after the session ends. Then, the provider must go through and add or edit the text that the Eleos software generated to their final note. The product works over telehealth or with audio captured by a smartphone. Eleos has more than140 enterprise customers and supports over 100 languages.

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