A new AI-powered notetaking app for patients has emerged in the healthcare space. Kin Health has raised $9 million in a seed funding round led by Maveron to build an app that transcribes doctor visits, parses medical advice, and surfaces next steps. The free app is built by physicians Arpan and Amit Parikh, along with Kyle Alwyn, who previously developed online prescription service HeyDoctor.
The startup's goal is to create a "health graph" where patients can store information from multiple sources. Kin Health's summaries are provided after several stages of processing, including transcription, clinical narrative creation, and user-facing summary generation. The company uses specialized medical models to power the transcription and evaluates outputs at different stages to ensure accuracy.
However, experts have raised concerns over data security, accuracy of AI, consent mechanisms, and the quality of generated notes. Kin Health is working to address these issues, including ensuring its tool works with different accents and recognizing regional dialects. The company currently only shows notes from conversations it records during consultations but plans to bring in data from other health sources this year.
The app will remain free forever, with monetization through referrals to services such as specialists and labs. Kin Health's business model is similar to GoodRx's, which keeps the core product free and earns commissions by referring other services.