Bia Health raises $2.15 million for AI to reduce unnecessary medical interventions

What happened

The news: Québec City-based Bia Health announced on Wednesday that it has raised $2.15 million CAD to bring its Bia Assistant into the hands of more clinicians, helping them decide on diagnostic plans. Startup claims its program can help clinicians make better diagnostic decisions.

A Québec healthtech startup thinks its AI assistant can help healthcare providers make better (and less costly) decisions about whether a patient needs medical imaging or interventions. Montréal-based Finalta Capital provided $1.4 million in debt, while Anges Québec led the equity portion and Desjardins participated through its Startup en résidence program. From the source: “Bia aims to reduce unnecessary and low-value care, which represents an estimated 30 percent of healthcare in Canada, by helping clinicians make the most appropriate decision for each patient,” Bia Health CEO and co-founder Anne-Sophie Paquet wrote to BetaKit in an email.

Key facts

• The news: Québec City-based Bia Health — announced: on Wednesday that it has raised $2.15 million CAD to bring its Bia Assistant into the hands of more clinicians, helping them decide on diagnostic plans