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. In addition to the investment, Memorial Hermann plans to implement Laudio’s administrative workflows to enhance employee efficiency and engagement.

The AI-enabled platform offered by Laudio provides healthcare management personnel with 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.

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.

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. Other companies in the healthcare industry, such as Canada-based Practice Better, are also making waves in the industry by securing a $27 million growth investment in April. These investments reflect the growing demand for innovative technologies and platforms to support the healthcare industry and its employees.

By Editor

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