Artisight Secures $40M to Build AI Into Smart Hospital Platform
healthcare-brew.com
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Contributed by: Drex DeFord
Summary
Artisight has secured an additional $40 million in funding to enhance its AI-based smart hospital platform, which currently supports 417 hospitals and aims to expand to 1,000 in the next 18 months. Utilizing Nvidia's GPU technology, the platform effectively monitors patient care and prevents safety issues, notably reducing patient falls—an expensive challenge costing U.S. hospitals $17 billion annually. With evidence of a 40% year-over-year reduction in falls with injury at the Guthrie Clinic since implementation, the platform highlights the potential for health technology not only to improve patient safety but also to optimize healthcare resources and reduce operational costs. This funding marks a significant step in advancing AI applications in healthcare, offering critical implications for hospital management strategies.