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Hospital Iq Raises $25 Million To Meet Market Demand For Its Software Which Optimizes Health System Operations

Jun 28, 2021•about 4 years ago

Amount Raised

$25 Million

Newton

Description

Hospital IQ, the leading provider of predictive hospital operations and communications software, secured $25 million in Series C funding led by Baxter Ventures, the venture investment arm of Baxter International Inc. (NYSE: BAX), and Health Velocity Capital, joining existing investors Pierpoint Capital and Allscripts. The investment comes amid a year of unprecedented company growth as its AI-enabled operations management platform solved operational inefficiencies, many of which were exacerbated by the pandemic, for hundreds of hospitals and health systems.

Company Information

Company

Hospital Iq

Location

Newton, Texas, United States

About

Hospital IQ provides an operations management software platform that uses artificial intelligence to anticipate and direct actions, enabling health systems to achieve and sustain peak operational performance to improve patient access, clinical outcomes and financial performance. Hospital IQ’s cloud-based software platform combines advanced data analytics, machine learning and simulation technology with an easy-to-use, intuitive user interface to deliver optimized surgical resource alignment, patient flow, and staff scheduling capabilities. Hundreds of leading hospitals and health systems rely on Hospital IQ to help them make the right operational decisions the first time, every time. To learn more, visit www.hospiq.com.

Funding Insights

Based on industry data
Tech investment trends
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