Vital, the AI-powered software increasing productivity and improving patient health in hospital emergency rooms, recently announced its inaugural development partnership with Emory Healthcare. As part of the strategic collaboration, Emory Healthcare becomes a lead research partner in developing and implementing Vital’s software to improve overall efficiency and satisfaction for patients and clinicians across multiple Emory emergency rooms. Vital was conceptualized and co-founded by Justin Schrager, assistant professor of emergency medicine and ER doctor; with award-winning technical CEO Aaron Patzer.
Vital’s software is the first partnership out of the Emory University Innovation Hub, designed to identify unmet patient needs and find innovative solutions to put the patient at the center of care delivery. Vital’s live track board and real-time predictions of patients are being developed in the Emergency Departments of Emory University Hospital, Emory Johns Creek Hospital, Emory University Hospital Midtown, and Emory Saint Joseph’s Hospital. The goal of this pilot program is to measurably reduce wait times and overall length of stay for patients, while increasing patient satisfaction.
“We are overjoyed to have Emory Healthcare as our primary development partner and pilot sites,” said Patzer. “We are impressed with the commitment Emory leadership has made towards technological innovation and tackling truly challenging problems in emergency medicine. Working closely with top emergency physicians and nurses is essential to producing software that meets the needs of clinicians.”
Vital uses artificial intelligence (AI) and natural language processing (NLP) to triage patients,, making it easier and faster for providers to coordinate care and prioritize patients with a fast, reliable, and incredibly user-friendly system.
“The combination of a top-tier academic healthcare system and a top-notch software team is something that happens too rarely in healthcare. With the launch of our Innovation Hub last year, we hope this is one of many opportunities to not only be the first to take advantage of a new technology, but to aid in its development,” said Scott Boden, MD, vice president of business innovation for Emory Healthcare. “This is exactly the kind of collaboration that should exist between promising startups and cutting-edge health systems.”
Vital, the AI-powered software increasing productivity and improving patient health in hospital emergency rooms, today announces a $5.2 million Seed round led by First Round Capital and Threshold Ventures (formerly DFJ Venture). Vital uses artificial intelligence (AI) and natural language processing (NLP) to triage patients before they see a doctor, making it easier and faster for providers to coordinate care and prioritize patients.
Raised to help grow the Vital team of engineers and data scientists, and to bring its secure, cloud-based software to emergency rooms across the United States, the round also includes Bragiel Brothers, Meridian Street Capital, Refactor Capital and SV Angel, with angel investment from Vivek Garipalli, CEO of CloverHealth; and Nat Turner and Zach Weinberg, founders of Flatiron Health. Josh Kopelman, founder and partner at First Round Capital, will join Vital’s board of directors.
“The HITECH* Act was well-intentioned, but now hospitals rely on outdated, slow and inefficient software – and nowhere is it more painful than in the emergency room,” said Vital founder and CEO Aaron Patzer in a statement. “Doctors and nurses often put more time into paperwork and data entry than patient care. Vital uses smart, easy tech to reverse that, cutting wait times in half, reducing provider burnout and saving hospitals millions of dollars.”
Patzer brings capital to Vital from his success with Mint.com, which transformed bank data into an easy consumer product. The decision to take on an even higher-stakes, more regulated industry came after seeing firsthand the antiquated software hospitals use. Teaming up with Justin Schrager, doctor of emergency medicine at Emory University Hospital, Patzer invested $1 million and two years of peer-reviewed academic study, technical research and development to create Vital.
“Vital successfully built software with a modern, no-training-required interface, while also meeting HIPAA compliance. It’s what people expect from consumer software, but rarely see in healthcare,” said Kopelman. “Turning massive amounts of complex and regulated data into clean, easy products is what Mint.com did for money, and we’re proud to back a solution that’ll do the same in life and death situations.”
*The ACA’s Health Information Technology for Economic and Clinical Health