February 3, 2023

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Ardent Health Services partners with SwitchPoint Ventures to launch healthcare innovation studio | News

NASHVILLE, Tenn.–(Enterprise WIRE)–Jan 11, 2023–

Ardent Health and fitness Companies has partnered with SwitchPoint Ventures to launch an innovation studio focused on reworking health care shipping and administration. The partnership is an outgrowth of the companies’ profitable two-calendar year collaboration in producing AI alternatives, combining Ardent’s resources and broad scientific footprint with SwitchPoint Ventures’ expertise in synthetic intelligence and innovation approach.

The new studio builds on a model that has currently delivered results, handcrafting answers that use Ardent’s 30 hospitals and 200 sites of care to handle entrenched worries within healthcare shipping and delivery. The studio’s demand is to develop and deploy information-pushed methods throughout Ardent’s footprint, with an eye toward launching them as impartial ventures serving the broader health care sector.

“Ardent and SwitchPoint share a commitment to addressing the root troubles that burden health care supply,” said Ardent President and CEO Marty Bonick. “Making healthcare get the job done much better demands additional than position quo pondering. SwitchPoint’s workforce listens, breaks down assumptions, attacks the salient issues, and iterates right up until there is a breakthrough. Alongside one another, I’m self-confident we will bring huge suggestions and bold alternatives to lifestyle in the spots that matter most to individuals and caregivers.”

In 2021, Ardent and SwitchPoint partnered to produce Winnow, an AI remedy for clinician recruitment. Winnow takes advantage of predictive analytics to assistance Ardent and other healthcare suppliers source, recruit, and retain clinicians who are perfect fits for each function. Winnow was a short while ago awarded the 2022 Upcoming Award for Most effective Healthcare Startup by the Nashville Entrepreneur Center.

Ardent has also carried out Polaris, SwitchPoint’s novel solution for correctly predicting individual quantity – months in advance – in any clinical placing. These kinds of visibility allows professionals, for the very first time, to deploy staff members in an clever way to fulfill the predicted labor demand from customers. Ardent has adopted Polaris in the belief that optimized schedules will have an remarkable ripple influence: boosting the satisfaction and retention of medical team, streamlining healthcare facility functions, and enhancing patient treatment and pleasure.

“One of the good reasons why innovation is so complicated is that people speak about the need for improve, but won’t just take the ways to make the alter,” explained Ray Guzman, CEO of SwitchPoint Ventures. “It has been a breath of contemporary air to perform with Marty and his team. Their progress mindsets, regard for the artistic method, and eagerness to follow as a result of tends to make for an best surroundings to introduce disruptive options. Like us, they are major about transforming the healthcare sector, and I’m enthusiastic for the potential we are building collectively.”

The new enterprise is the most current in a sequence of partnerships between Ardent and disruptive wellness know-how firms targeted on reimagining the healthcare encounter for patients and caregivers. The company recently announced the start of a point out-of-the-artwork continual inpatient checking application with BioIntelliSense, a virtual nursing method with care.ai, and a distant affected person monitoring initiative with Cadence.

About SwitchPoint Ventures

SwitchPoint Ventures is an artificial intelligence-focused, Nashville-based mostly venture studio that companions with enterprise leaders across industries to push immediate technological innovation. By concentrating on its partners’ hardest issues and major alternatives, SwitchPoint’s award-profitable info science crew results in personalized synthetic intelligence solutions to assistance smarter, more profitable company decisions. Understand more at: www.switchpointventures.com.

About Ardent Overall health Expert services

Ardent Health and fitness Providers invests in people, technological innovation and communities. By way of its subsidiaries, Ardent owns and operates 30 hospitals and nearly 200 web sites of treatment in 6 states with far more than 24,000 staff members, such as 1,200+ utilized companies. With a concentrate on proof-based mostly techniques to strengthen quality care and affected individual outcomes, 95% of eligible Ardent hospitals been given a Leapfrog Healthcare facility Protection Quality of A or B for Tumble 2022, when compared with 57% of all rated U.S. hospitals. In 2022, Modern-day Health care acknowledged six Ardent entities as “Best Locations to Work,” marking the 14 th consecutive 12 months an Ardent facility was recognized. Based in Nashville, Tennessee, Ardent is owned by present and former users of Ardent’s administration team Fairness Group Investments (EGI), a Chicago-based mostly private expense business and Ventas, Inc. (NYSE: VTR), a publicly traded serious estate financial investment believe in. Discover far more at: www.ardenthealth.com.

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Make contact with: Will Roberts

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Key word: TENNESSEE UNITED STATES NORTH The usa

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Supply: Ardent Wellbeing Providers

Copyright Enterprise Wire 2023.

PUB: 01/11/2023 01:00 PM/DISC: 01/11/2023 01:03 PM

http://www.businesswire.com/news/dwelling/20230111005681/en

Copyright Enterprise Wire 2023.