Doximity expands clinical AI tools to over 190 health systems
According to fiscal year 2027 second-quarter data, Doximity has increased the number of health systems using its clinical AI suite to over 190. The company is expanding its collaboration with NewYork-Presbyterian and has launched a new commercial AI search product for the pharmaceutical industry.
In its fiscal year 2027 second-quarter earnings report, Doximity announced that the adoption of its clinical AI tools is growing rapidly. The number of health system clients rose to over 190, up from 165 in the previous quarter, and these systems include 10 of the nation's 20 largest hospitals.
NewYork-Presbyterian has integrated Doximity's AI tools, such as Scribe and Ask, into its electronic health record (EHR) workflows. This partnership provides clinicians across 10 hospitals and hundreds of locations, including Columbia University Irving Medical Center and Weill Cornell Medical Center, with access to AI-powered decision-making tools. NYP has been using Doximity's video and phone call services since 2021.
Doximity reported $174.5 million in revenue for the quarter ending September 30, exceeding analyst expectations. The company is positioning its commercial 'AI Search' product for pharmaceutical companies as one of its primary revenue streams. Despite strong operational growth, company shares declined following the report due to margin compression.
Sources
- fiercehealthcare.com · Link