NEW YORK, December 7, 2023 - CB Insights named Navina, the artificial intelligence (AI)-powered primary care platform that transforms complex, fragmented patient data into actionable insights at the point of care, to its fifth-annual Digital Health 50 (formerly the Digital Health 150), showcasing the 50 most promising private digital health companies of 2023.
Almost 5,000 users across hundreds of clinics throughout the United States use Navina’s AI platform to enhance their daily workflows and accelerate their value-based success. By providing clinicians with a complete and accurate picture of their patients’ health status and actionable insights at the point of care, Navina allows them to prepare for visits more efficiently, dramatically reduce their administrative burden, and spend more time caring for their patients.
“Our team’s goal is to leverage the power of AI to improve the lives of physicians and their patients, and provide a more human healthcare experience,” said Ronen Lavi, CEO and co-founder of Navina. “We’re proud to be recognized for our commitment to providing industry-leading clinical intelligence solutions that physicians trust to inform their decisions right in the moment of care.”
Navina has developed the first-of-its kind AI model for primary care. Their AI engine reads and interprets data from multiple sources, including claims, health information exchange (HIE), and unstructured data buried deep within the patient records, to surface the most relevant patient insights at the point of care. On average, 86% of visits start with Navina, and 81% of Navina’s AI-powered recommendations are accepted by clinicians.
The 50 winners were selected from a pool of over 10K companies, including applicants and nominees. They were chosen based on several factors, including CB Insights datasets — covering R&D activity, Mosaic scores, business relationships, software buyer transcripts, investor profiles, news sentiment analysis, competitive landscape and team strength — along with criteria such as tech novelty, market potential and impact on the industry.
"From bringing clinical trials to underserved populations to developing new drugs and therapies, this year’s Digital Health 50 winners are transforming the future of healthcare,” said Alex Lennox-Miller, CB Insights’ Lead Healthcare Analyst. “Generative AI is continuing to gain traction in healthcare, with over thirty companies in this year’s cohort offering AI-augmented solutions. We are excited to follow the meaningful impact, industry-leading innovations, and continued success of this year’s winners.”
Quick facts on the 2023 Digital Health 50:
- Equity funding and deals: Overall, the cohort has raised $3.2B+ over 145 equity deals since 2018. This includes nearly $1.5B over 41 deals in 2023 YTD.
- Unicorns: This year's list includes only 1 unicorn with a $1B+ valuation.
- Global Reach: This year's winners represent 8 countries across the globe. Twenty-two percent are headquartered outside the US, including 3 from the United Kingdom, 2 from Israel and 2 from Spain. Other countries represented include South Korea, Belgium, France and Brazil.
Navina uses medically informed AI to turn chaotic data into an intuitive and concise Patient Portrait that allows physicians and the entire care team to assess, collaborate and act on even the most complicated cases instantly. Designed for and loved by physicians, Navina allows for high-quality and empathic patient care, resulting in better treatment, reduced missed diagnoses and a reduced burden on physicians. Privia Health, Tampa General Hospital, and Millennium Physician Group are among some of the leading value-based organizations leveraging Navina’s AI platform to transform primary care. The company was named to the CB Insights AI 100 list of most innovative artificial intelligence companies in the world for 2023.
About CB Insights
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