Artisight
Overview
Artisight, Inc. is a healthcare technology company specializing in smart hospital platforms powered by artificial intelligence (AI). Founded in 2017 by Andrew Gostine, MD, MBA, and Garrett Larance, the company is based in Chicago, Illinois. Artisight aims to improve patient care through virtual coordination solutions and automation technologies. It has raised significant capital, including a notable $42 million in a Series B funding round in January 2024.
Recent Developments
- October 2, 2024: Artisight was recognized by AVIA Marketplace as a top company in both the "Smart Hospital" and "Smart Room" categories, marking a significant achievement for the company’s AI platform.
- May 9, 2024: Artisight won the "Best Care Delivery Platform" award at the MedTech Breakthrough Awards. This award highlighted the innovative nature of its AI-driven hospital infrastructure that enhances efficiency and clinical care.
- April 30, 2024: Artisight was invited to join the Microsoft for Startups Pegasus Program, granting access to Microsoft’s cloud and AI resources to scale its platform.
- February 22, 2024: Artisight expanded its AI-driven Smart Hospital Platform across 1,000 beds within the WellSpan Health system in Pennsylvania, following a successful pilot that reduced patient falls by 15%.
- January 11, 2024: The company closed a $42 million Series B funding round, with new and existing investor support, including Nvidia.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2017 |
| Headquarters | Chicago, Illinois |
| Founders | Andrew Gostine, MD, MBA, Garrett Larance |
| Revenue | Not publicly disclosed |
| Profits | Not publicly disclosed |
| Key Investors | Nvidia, other strategic investors |
| Industry | Healthcare Technology |
| Number of Employees | Not publicly disclosed |
Early History
Artisight was founded to tackle inefficiencies within hospital systems using advanced technology. The co-founders, armed with clinical insights and a vision to redefine healthcare, developed a Smart Hospital Platform integrating AI solutions to streamline workflows and improve patient management. The technology offers innovations like virtual nursing, which quickly gained traction among hospitals looking to modernize and improve operational efficiency while addressing challenges like staff burnout and resource management.
Company Profile and Achievements
Artisight operates in the realm of healthcare technology, focusing on AI and IoT solutions to transform hospital operations. The company’s core offering, the Smart Hospital Platform, integrates AI with existing healthcare systems to automate and optimize various functions. Over recent years, Artisight has:
- Introduced AI-driven roles for virtual care models.
- Achieved recognition as a top smart hospital company by AVIA Marketplace in 2024.
- Participated in the CHIME Innovator of the Year Award, showcasing transformative care delivery with the Guthrie Clinic.
- Secured spots in significant healthcare programs, including the Microsoft for Startups Pegasus Program.
Current Operations and Market Position
Artisight continues to lead innovative solutions in smart hospital applications, reaching over 100 hospitals with ongoing implementations in many others. Combining IoT sensors, deep learning, and AI, their platform is renowned for reducing operational burdens and enhancing clinical care standards. The platform supports technology-driven improvements in clinician workflows, patient safety, and operational efficiency.
Conclusion
Artisight is a frontrunner in integrating artificial intelligence within healthcare environments. With its innovative Smart Hospital Platform, the company is poised to redefine patient care delivery. By continuously evolving and collaborating with major technology partners, Artisight is setting new benchmarks in the healthcare industry, positioning itself as a pivotal entity in smart hospital solutions. Future prospects suggest continuous growth and technological advancements tailored to the dynamic needs of healthcare ecosystems.