Wed. Dec 6th, 2023

In recent news, healthcare management platform Laudio has announced that Memorial Hermann Health System, based in Houston, has joined its Series B funding round as a strategic investor. Additionally, Memorial Hermann plans to implement Laudio’s administrative workflows to enhance employee efficiency and engagement.

The AI-enabled platform provided by Laudio offers healthcare management personnel recommendations on how to engage with their teams to reduce burnout and employee turnover. It also automates repetitive tasks, allowing for more efficient operations within healthcare systems. This partnership is expected to bring positive changes to the Memorial Hermann Health System’s operations and employee experience.

Dr. Feby Abraham, Executive Vice President and Chief Strategy Officer for Memorial Hermann, expressed the organization’s commitment to utilizing innovative digital tools to support system-wide improvements and further engage their employees, particularly given the unique challenges in recent years. By investing in Laudio’s technology and implementing its workflows, Memorial Hermann is taking a proactive approach towards improving its operational efficiency and employee satisfaction.

Laudio raised $7.3 million in Series A funding in 2019 to expand its platform. Two years later, the company announced partnerships with Tufts Medical Center, Novant Health, and UNC Health. In July, Laudio also announced partnerships with Northwell Health and Nebraska Medicine. These partnerships demonstrate the growing demand for innovative technologies and platforms to support the healthcare industry and its employees.

Other companies in the healthcare industry are also making waves in this space. Practice Better, a platform for health and wellness practitioners, secured a $27 million growth investment in April. These investments reflect the growing demand for innovative technologies and platforms that can support the healthcare industry’s evolving needs.

Overall, this partnership between Memorial Hermann Health System and Laudio is an exciting development for both companies as they work together towards improving operational efficiency and employee satisfaction within the healthcare industry.

By Editor

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