C8 Health Secures $12 Million to Revolutionize Healthcare Practices with AI-Powered Platform
C8 Health Receives $12 Million in Series A Funding to Innovate Healthcare Delivery
C8 Health, an emerging player in the healthtech sector, recently announced a significant achievement: securing $12 million in a Series A funding round led by Team8, with notable contributions from Vertex Ventures Israel and 10D. This round enhances C8’s total investment to $18 million, including prior funding from a $6 million Seed round. The fresh capital will fuel C8's mission to transform healthcare through an artificial intelligence-driven platform focused on implementing best industry practices.
In a landscape where care inconsistency poses substantial risks to patient outcomes, costing the healthcare industry approximately $345 billion annually, C8 is primed to address this pressing issue. The company’s innovative platform minimizes the difficulties of accessing established best practices, often bogged down by fragmented knowledge management systems. As clinicians are often delayed by time-consuming efforts to locate crucial data during high-stress scenarios, C8 aims to streamline this process. On average, it can take up to 17 years for medical professionals to adopt new standards in care, a delay that C8 is addressing directly.
The platform empowers healthcare professionals with immediate access to site-specific, vetted knowledge pertinent to their roles. C8 Health customizes information display based on the clinician’s schedule, department, and responsibilities, fostering timely decision-making. Additionally, the platform includes executive dashboards that enable hospitals to monitor adherence to care protocols effectively. C8 is also designed for seamless integration with existing hospital software, ensuring accessibility from mobile devices and desktops, thus catering to clinicians on the move.
Dr. Brian Masel, Director at The University of Texas Medical Branch, emphasizes the significance of C8's approach: “Healthcare organizations all struggle to provide real-time quality feedback. C8 seamlessly integrates this essential feedback into its platform, allowing caregivers to utilize data effectively towards best practices.