HeraMED (ASX:HMD) will accelerate the development of its artificial intelligence-powered Clinician Assistant, and the first version is expected to be released in the December quarter, which will include automated notes and workflow support, according to a Monday Australian bourse filing.
The company also developed an ambient scribe tool, which uses AI to automatically generate structured consultation notes during virtual telehealth appointments.
The medical technology company collaborated with the Digital Health Cooperative Research Centre and RMIT University to launch a project to develop AI predictive health models for high-risk pregnancies, including culturally and linguistically diverse populations.
The firm decided to accelerate the development and deployment of its AI-driven technologies and product roadmap initiatives for the HeraCARE platform.
HeraMED's shares rose nearly 3% in recent trading on Monday, hitting their highest since November 2023.