Caregility Secures $25 Million to Innovate Hospital Virtual Care Solutions
In an ambitious move to advance its innovative telehealth solutions, Caregility Corporation has announced the successful completion of a funding round that raised $25.1 million. This new capital is intended to push the boundaries of hospital-based virtual care through artificial intelligence and advanced technology. Led by Star Mountain Capital and supported by various healthcare investors including Dr. York Wang and the company's founders, this funding will allow Caregility to significantly accelerate its growth and technology development.
Founded with the mission to connect health professionals and patients through reliable telehealth solutions, Caregility stands out as a leader in the field. The company has developed an extensive suite of products that facilitate seamless care delivery from hospital settings to patients' homes, significantly enhancing operational efficiency. With over 30,000 connected devices and a staggering six million virtual sessions conducted annually, Caregility provides solutions for more than 1,500 hospitals across 75 health systems.
Dr. David Shulkin, a key independent board member at Caregility, noted, "This funding reflects our commitment to pioneering advancements in hospital virtual care, like our edge-based Computer Vision AI and audio sensing for room safety. These innovations are instrumental in ensuring safety and operational efficiency." Caregility's robust platform supports various applications including virtual nursing, remote patient monitoring, specialty consultations, operating room telehealth, and more.
The infusion of $25.1 million will specifically bolster Caregility's focus on artificial intelligence and associated technologies that streamline clinical workflows and lessens the burden on healthcare staff, thus ultimately improving patient care and outcomes. According to Tod A. Nestor, the Chief Financial Officer at Caregility, the recent round of funding enhances their capabilities to innovate and expand their market reach aggressively. "With this capital, we can further enhance AI-driven solutions that can tangibly reduce clinician workload and deliver exceptional value for our partner hospitals," he stated.
Ron Gaboury, the CEO of Caregility, emphasized the timing of this funding as critical for steering innovation in the telehealth space. He expressed confidence that scaling their operations now would position them substantially for future advancements in smart hospital solutions and connected care programs. Caregility's platform is recognized for its versatility and has proven successful in various international markets, including the Asia-Pacific, Gulf Region, Middle East, Canada, and the United States.
As the telehealth landscape evolves rapidly, Caregility is committed to maintaining its position as a frontrunner in delivering accessible and advanced care solutions. Their objective is to ensure that virtual healthcare becomes an integral component of the overall caregiving process, and this recent round of funding marks a significant step in that direction. Caregility continues to develop groundbreaking technologies that redefine how hospitals operate, and this funding will help accelerate that vision, ensuring that high-quality care becomes synonymous with technological innovation in healthcare.
Founded with the mission to connect health professionals and patients through reliable telehealth solutions, Caregility stands out as a leader in the field. The company has developed an extensive suite of products that facilitate seamless care delivery from hospital settings to patients' homes, significantly enhancing operational efficiency. With over 30,000 connected devices and a staggering six million virtual sessions conducted annually, Caregility provides solutions for more than 1,500 hospitals across 75 health systems.
Dr. David Shulkin, a key independent board member at Caregility, noted, "This funding reflects our commitment to pioneering advancements in hospital virtual care, like our edge-based Computer Vision AI and audio sensing for room safety. These innovations are instrumental in ensuring safety and operational efficiency." Caregility's robust platform supports various applications including virtual nursing, remote patient monitoring, specialty consultations, operating room telehealth, and more.
The infusion of $25.1 million will specifically bolster Caregility's focus on artificial intelligence and associated technologies that streamline clinical workflows and lessens the burden on healthcare staff, thus ultimately improving patient care and outcomes. According to Tod A. Nestor, the Chief Financial Officer at Caregility, the recent round of funding enhances their capabilities to innovate and expand their market reach aggressively. "With this capital, we can further enhance AI-driven solutions that can tangibly reduce clinician workload and deliver exceptional value for our partner hospitals," he stated.
Ron Gaboury, the CEO of Caregility, emphasized the timing of this funding as critical for steering innovation in the telehealth space. He expressed confidence that scaling their operations now would position them substantially for future advancements in smart hospital solutions and connected care programs. Caregility's platform is recognized for its versatility and has proven successful in various international markets, including the Asia-Pacific, Gulf Region, Middle East, Canada, and the United States.
As the telehealth landscape evolves rapidly, Caregility is committed to maintaining its position as a frontrunner in delivering accessible and advanced care solutions. Their objective is to ensure that virtual healthcare becomes an integral component of the overall caregiving process, and this recent round of funding marks a significant step in that direction. Caregility continues to develop groundbreaking technologies that redefine how hospitals operate, and this funding will help accelerate that vision, ensuring that high-quality care becomes synonymous with technological innovation in healthcare.
Topics Health）
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