SaVia Health raises $8.5 million to develop clinical workflow software
SaVia Health, which makes clinical support software that can be integrated into an EHR, announced Monday that it has raised $8.5 million in seed funding.
The round was led by Intel Capital, with participation from Kickstart, Peterson Ventures, Health Catalyst co-founder Tom Burton and Stanford University professor Dr. Brent James.
WHAT HE DOES
SaVia offers a clinical care team support tool that can be integrated into a healthcare system’s EHR. It enables providers to write care workflows that provide best practices and next steps at the point of care.
On the startup’s website, SaVia describes a use case for sepsis, a severe response to an infection that can be life threatening. The company said its software can detail the steps needed to treat sepsis within the care team, guiding clinicians on what to do and when.
Salt Lake City-based SaVia’s tool has already been used by Intermountain Healthcare. The startup said it plans to use the seed funds to grow its self-creation platform, add to its library of ready-to-use workflows, and work to increase sales.
“Patient care faces several challenges, including seamlessly integrating the latest technologies into existing processes,” Nick Washburn, senior managing director at Intel Capital, said in a statement. “SaVia is a seamless game-changer for clinicians by translating data into guidance on what steps to take and when is the best time to serve each patient.”
MARKET OVERVIEW
Provider burnout and the accompanying workloads are long-standing concerns in the healthcare industry. The COVID-19 pandemic has added significant stressors for clinicians. According to a study published in the JAMA Health Forumburnout rates peaked at around 60% in the fourth quarter of 2021.
Research found lower rates of burnout in less chaotic work environments and for clinicians who felt valued or those who felt a sense of teamwork.
Another clinical support startup is Kahun, which recently raised $8 million. The startup’s first product asks patients questions about their concerns and provides a summary with follow-up recommendations to the doctor.
Look, who scored $15.3 million this summer, is developing a clinical support tool integrated into the EHR. At the time, the company said it was using artificial intelligence to sift through patient histories, surface relevant information and suggest potential diagnoses.
Google has also expanded its clinical workflow software. In early 2021, it deployed Care studio, a search tool that allows providers to access information from EHRs used in a health system and find relevant data. Earlier this year he revealed Conditionswhich aims to organize information about a patient’s specific health problem and highlight missing data.
