ASC analytical closes $3M seed round — 3 insights

MDmetrix raised $3 million through a seed round the company will use to improve its artificial intelligence capabilities.

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What you should know:

1. The company will hire several employees for its Seattle headquarters to work on its AI.

2. Organizations can use MDmetrix’s suite of analytical, visualization and AI-focused tools to improve clinical operations at their ASCs and hospitals. The tools monitor pain scores, procedure times and readmission rates, among other metrics.

3. Organizations saved $15 million with MDmetrix’s tools in 2018.

MDmetrix CEO Warren Ratliff said, “With this infusion of smart and experienced capital, we will expand our team and enhance the machine learning capabilities of our system, accelerating our mission of transforming healthcare for all.”

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Surgery Partners reports $417M in revenue & more — 10 ASC industry notes
As investors favor ASCs & offices, major skilled nursing operator splits segments

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Beyond the bottleneck: How health systems are improving access, flow and care continuity

Thursday, July 30
1:00 PM - 2:00 PM CDT

Presenters: Imamu Tomlinson, MD, MBA, VituityWilliam Morice II, MD, PhD, Mayo Clinic LaboratoriesJordan Dale, MD, Houston MethodistAsh Tengshe, City of HopeChris Klay, MHA, MA, PT, FACHE, Hospital Sisters Health System

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