Healthcare administration platform Laudio introduced that Houston-based Memorial Hermann Well being System has joined its Sequence B funding spherical as a strategic investor and can implement its administrative workflows to drive worker effectivity and engagement.
Laudio’s AI-enabled platform offers healthcare administration personnel with suggestions on participating with their group to scale back burnout and worker turnover. It additionally automates repetitive work.
The nonprofit well being system additionally turned a strategic investor within the firm, becoming a member of Laudio’s $13 million Sequence B increase.
“We’re at all times on the lookout for new methods to additional have interaction our workers and make them really feel higher supported. The distinctive challenges of current years have solely heightened the necessity for innovation on this space,” Dr. Feby Abraham, government vice chairman and chief technique officer for Memorial Hermann, mentioned in an announcement. “This expertise aligns with our concentrate on using cutting-edge digital instruments to assist system-wide enhancements.”
THE LARGER TREND
In 2019, Laudio raised $7.3 million in Sequence A funding to broaden its platform.
Two years later, the corporate introduced that Tufts Medical Heart, Novant Well being and UNC Well being would make the most of its choices of their healthcare programs.
In July, the administration platform introduced partnerships with well being programs Northwell Well being, New York’s largest healthcare supplier and personal employer, and Nebraska Medication, which consists of two hospitals, Nebraska Medical Heart and Bellevue Medical Heart, in addition to 70 specialty and first care clinics.
One other firm that gives a care administration platform for care professionals is Canada-based Follow Higher, a platform for well being and wellness practitioners. The corporate scored a $27 million progress funding in April.