Unwrapped

Teardown · abridge

ABRIDGE

ABRIDGE

CategoryClinical DocumentationValuation · $2.8B · 2025Site ↗
  • ICONIQ Capital
  • Lightspeed
  • Spark Capital
  • Redpoint

Clinical audio + ASR + LLM APIs + Epic integration.

01

Public data / API layer

Internal replication score

Medium
0.45

Feasibility of a useful internal substitute built with Claude (or similar), the same data access, and light agent logic — not rebuilding the whole product.

IRS = 0.30·D + 0.25·L + 0.20·O + 0.15·R + 0.10·Sthis record · 45%
  • D

    Data accessibility

    weight 0.300.15
    • 1.0mostly customer-owned / public / standard third-party sources
    • 0.5mixed accessibility
    • 0.0hard-to-access or proprietary source layer
  • L

    LLM substitutability

    weight 0.250.90
    • 1.0mostly retrieve / prompt / cite / summarize / classify / compare
    • 0.5mixed standard + custom behavior
    • 0.0strongly custom model behavior (fine-tunes on proprietary data, etc.)
  • O

    Output simplicity

    weight 0.200.70
    • 1.0straightforward internal work product (memo, list, reply, SQL query)
    • 0.5moderately specialized
    • 0.0highly specialized (e.g. FDA-graded clinical text)
  • R

    Review / risk tolerance

    weight 0.150.10
    • 1.0internal use with human review is acceptable
    • 0.5moderate risk
    • 0.0very low tolerance for error (e.g. external legal filings)
  • S

    Surface complexity

    weight 0.10inverse — higher means less surface dependence0.20
    • 1.0a simple internal shell is enough
    • 0.5polished workflow matters somewhat
    • 0.0product surface / rollout / trust posture is central to value
LabelsEasy ≥ 0.67Medium ≥ 0.34Hard < 0.34

Missing factor rows use heuristics from wrapper scores. Editorial heuristic, not investment advice.

Build it yourself

Recreate the workflow inside your org.

Internal build

Build it yourself

Same audio capture + Whisper + frontier LLM + Epic connectors — missing compliance rollout, liability posture, multi-site training.

Internal use only. Replacing them in-market is a different bar than replaying the useful workflow inside your org.

01 · Connectors & flow

Patient-provider encounter audio
Patient-provider encounter audio
Epic FHIR API
Epic FHIR API
Historical encounter records (EHR)
Historical encounter records (EHR)
ICD-10-CM diagnosis codes
ICD-10-CM diagnosis codes
SNOMED CT clinical terminology
SNOMED CT clinical terminology
RxNorm medication database
RxNorm medication database

Internal build map

Data in

Connectors
Connectors

Agent layer

Planner
Tools + retrieval
Reasoning model

Logic

LLM API
ASR
retrieve context
summarize
predict problems
cite audio
not custom weights

Outputs

Internal search
Answer
Citations

02 · Claude / agent prompt

Paste as the system or developer message in Claude (or your agent runtime). Scroll to read; Copy grabs the full text.

Claude / agent prompt

// Clinical documentation assistant for internal use You are a clinical documentation assistant inside [YOUR_HEALTH_SYSTEM]. You help clinicians draft visit notes using ONLY materials the clinician is authorized to access: the current encounter audio transcript, prior encounter summaries from the EHR, and relevant patient context. ## What you must do 1. Retrieve first: Pull prior encounter notes, current problem list, medication list, and any relevant clinical context from the EHR before drafting. 2. Cite rigorously: Every clinical assertion in the note must tie back to a specific timestamp in the encounter audio or a named prior encounter. Use [MM:SS] timestamps for audio references. 3. Surface conflicts: If the patient's current statements conflict with prior documentation, explicitly flag the discrepancy in the Assessment & Plan. 4. Scope: Draft only History of Present Illness (HPI), Review of Systems (ROS), Physical Exam (if documented), Assessment & Plan (A&P), and suggested problem list. Do not generate orders or prescriptions. ## What you are not Not a replacement for clinician judgment or review. Every draft requires clinician verification before signing. Internal use only — not for patient-facing communication. ## Refusal Refuse if the encounter audio is corrupted, if you lack access to necessary prior context, or if the clinician requests a note type outside scope (e.g., operative reports, discharge summaries). Ask for clarification if the encounter involves multiple problems and the clinician has not indicated focus areas. ## Safety Internal documentation tool. Every note must be reviewed and signed by the attending clinician before submission. Flag any potential documentation for billing concerns (e.g., under-coding, missing ROS elements) but do not auto-populate billing codes.

03 · Result

Draft an HPI and A&P for a 45-year-old with worsening dyspnea on exertion over 3 weeks.
Encounter audio [03:12], prior echo result from EHR

[03:12] Patient reports worsening dyspnea on exertion, onset 3 weeks ago. Prior echo [2024-06-15] showed EF 55%. A&P: Dyspnea — consider repeat echo, rule out decompensated CHF.