[April 23, 2018] |
|
SAYJ Global Partners Announces ORLink, the AI platform for Hospital Operating Rooms, Raises $1M in Early Stage Capital
SAYJ Global Partners, providing strategic guidance for companies scaling
globally, announced that ORLink, a Kentucky-based surgical workflow
platform for operating room professionals, attracted $1 million in
expansion funding from investors for a unique, smart system managing the
entire surgical context for surgeons.
"ORLink saves hospitals time and money, while improving communication
and workflows for surgical teams," said Rick Baker, serial entrepreneur
and ORLink's CTO. "Our team changed static preference cards in operating
rooms into an AI enhanced mobile cloud-based software service."
According to CEO, Jason Harris, M.D., "the platform helps control
facility costs, increases staff efficiency, and improves patient
outcomes." Harris said the Journal of Neurosurgery details an estimated
$1000 of waste per case in a single service line, annualized to
nearly $3 million of lost revenue yearly. "Today," Harris said, "with an
average of 7 operating rooms per hospital and multiple procedures in
each OR per day, savings using our licensed platform add up quickly. We
are re-capturing lost revenue and the vital communication originally
intended with surgicl preference cards."
ORLink, formed in 2016, was developed by surgeons and OR professionals.
The technology incorporates a variety of AI/sensor-based applications to
track each piece of equipment entering and exiting surgical theaters.
With ORLink, existing surgical instructions on file for doctors with
hospital privileges are put into the cloud and tracked. Besides cost
savings, there is less danger to patients, and reduced liability for
insurers.
"It has been a great experience to watch ORLink gain acceptance in
medical markets," said Judith Iglehart, partner at SAYJ Global Partners.
"Our firm is excited to be working with ORLink in gaining access to
strategic partnerships for the licensing of the platform to hospitals in
North America and offshore."
"The concept behind ORLink started when Dr. Wayne Colin, realized how
impractical and difficult it was to move his preference cards from one
hospital to another when performing surgery," said Asli Gozoren, SAYJ
partner. "Once medical doctors showed the same concerns and started
joining Dr. Colin as he redefined the process, it began to be a
compelling story for angel investors. By creating less waste during
surgical procedures, ORLink will have a profound social impact on
medicine."
ORLink: www.myorlink.com SAYJ
Global Partners: www.sayjglobalpartners.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20180423006508/en/
[ Back To Mobile World Congress's Homepage ]
|