NABLA 10 Points

10 points on NABLA from a Forbes and a Techcrunch article.

## ChatGPT4

Here are the ten key points from the two articles about Nabla, an AI startup in healthcare records:

1. Nabla's Foundation and Funding: Nabla, a Paris-based health tech startup, has raised $24 million in Series B funding, valuing the company at around $180 million. This funding will help shift their focus towards open-source AI models, moving away from reliance on OpenAI's models like GPT-4.
2. Initial Use of GPT Models: Initially, Nabla explored the use of OpenAI's GPT-3 and later GPT-4 models in healthcare, particularly for structuring, analyzing, and summarizing large volumes of data to aid doctors in administrative tasks.
3. Shift to Open Source Models: Nabla decided to transition from proprietary models like GPT-4 to open source models, including Facebook’s LLaMA 2 and others from startups like Mistral. This shift was motivated by a desire for more control and adaptability in the healthcare sector.
4. Product Development and Applications: Nabla developed a tool called 'Copilot' that helps doctors by recording conversations with patients and automatically generating clinical notes required for medical documentation and billing.
5. User Base and Contract Wins: As of March 2023, Nabla's medical note-taking software had over 20,000 users, including primary care doctors, psychologists, psychiatrists, and various medical specialties. Notably, they secured a contract with the Permanente Medical Group, involving 10,000 doctors.
6. Competitive Landscape: Nabla operates in a competitive market with other companies like Abridge and major players like Microsoft, which acquired Nuance Communications. However, Nabla's unique approach and focus on open-source models give it a competitive edge.
7. Sales and Marketing Strategy: Nabla adopts a tech company-like sales strategy, offering a freemium model for its software and focusing on grassroots adoption by physicians. This approach contrasts with typical healthcare marketing strategies.
8. Future Development Plans: Nabla plans to launch services for clinics to generate codes needed for billing insurance companies and to expand its language support for patient exams.
9. Data Privacy and Security: Nabla places a strong emphasis on data privacy. Transcripts and summaries are stored locally on the doctor's computer, and Nabla does not retain customer data for retraining its models, except in cases where explicit consent is given.
10. Nabla's Vision for AI in Healthcare: While Nabla recognizes the potential of AI in healthcare, it remains cautious about fully automating healthcare services. The company sees its role as assisting doctors rather than replacing them, with a focus on enhancing diagnostic processes and easing administrative burdens.

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