MultiCare Capital Partners Invests in Layer Health to Accelerate Deployment of Responsible AI in Healthcare
Fundraising
Jan 10, 2025
Boston, MA — Layer Health, a leading healthcare AI company focused on solving the chart review challenge in healthcare is teaming up with MultiCare Health System, a not-for-profit organization with 13 hospitals across Washington state, to leverage innovative technologies to improve healthcare delivery.
The partnership comes in the form of an investment from MultiCare Capital Partners, the strategic investment and innovation arm of MultiCare Health System. It will enable Layer Health to fuel its next phase of growth and expand its platform across the healthcare industry.
Layer Health’s mission is to address the highly manual and labor-intensive process of chart review, a critical task that underpins many high-impact use cases for health systems, from quality reporting to clinical registry submission and beyond. The company’s industry-leading platform, powered by advanced large language models (LLMs), automates chart review while adhering to the highest standards of privacy and security. Layer’s platform is both HIPAA-compliant and SOC II Type 2 certified, providing healthcare organizations with the confidence needed to integrate AI into their operations.
"We're thrilled to partner with MultiCare as we take the next step in Layer’s journey," said David Sontag, CEO, Layer Health. "Their investment and belief in our mission enable us to expand our reach, bringing our platform to more health systems and further evolving our product offering. We see a huge opportunity to reshape how healthcare organizations manage chart review, and this investment is a major milestone towards that goal."
This partnership highlights the strategic alignment between Layer Health and MultiCare. Both organizations are committed to leveraging innovative technologies to improve healthcare delivery. As a health system recognized for adopting transformative solutions, MultiCare sees significant potential in Layer’s AI-driven approach to automating chart reviews.
"At MultiCare, we are always looking for ways to innovate and improve the care we provide to our patients," said Jason Parks, Chief Innovation Officer, MultiCare and Managing Director, MultiCare Capital Partners. "Layer Health’s AI technology presents a clear opportunity to streamline critical processes and support our institution in delivering high-quality care. We’re excited to support Layer as they scale their solution and contribute to the advancement of healthcare."
With the backing of MultiCare Capital Partners, Layer Health will continue to enhance its platform and build new capabilities that empower health systems to work more efficiently and focus on what matters most—providing excellent patient care.
About Layer Health
Layer Health is a healthcare AI company leveraging the power of advanced large language models (LLMs) to revolutionize medical chart review. Founded by a team of leading AI researchers from MIT, Layer's AI-powered platform can power a range of chart review use cases from clinical registry abstraction to intelligent clinical pathways. For more information visit layerhealth.com or follow us on LinkedIn.
About MultiCare Health System
MultiCare Health System is a not-for-profit health care organization with 13 hospitals and more than 26,000 team members. We are committed to achieving our mission of partner for healing and a healthy future and delivering world-class health outcomes and an exceptional experience.
As one of the largest community-based, locally governed health systems in Washington state, our comprehensive system of health includes numerous primary care, urgent care, and dedicated specialty services. For more information, visit MultiCare.org or follow us on Twitter, Facebook, Instagram, and LinkedIn.