Tagnos, a developer of the leading clinical logistics automation solution for hospitals and clinics has raised $5 million from Benhamou Global Ventures, Morpheus Ventures and Zebra Ventures, the investment arm of Zebra Technologies Corp.
Tagnos’s software-as-a-service (SaaS) platform is designed to orchestrate hospital workflow in ways that reduce wait times, enhance the patient experience, improve staff efficiency and optimize the utilization of supplies and equipment. The company’s analytics engine can ingest data from any real-time location system (RTLS) solution that tracks the locations of patients, staff members and physical assets.
In addition, Tagnos incorporates data from electronic health records (EHRs), computerized physician order entry (CPOE) systems, laboratory and radiology information systems, bed management systems and hospital admission-discharge-transfer (ADT) systems. The solution analyzes all of this data to improve patient flow and to prevent bottlenecks by alerting staff about anticipated problems. The insights generated by the platform are also used to reengineer work flows so that care teams can deliver care more efficiently.
Tagnos’s analytics engine, which uses AI to identify patterns in large volumes of disparate data, can facilitate a wide variety of logistical tasks. For example, it can predict the start and end times of a surgical procedure. This forecast is based on factors such as the availability of the necessary personnel and supplies, the other procedures that are being performed in the hospital, the acuity of the case, and the average length of time it takes the scheduled surgeon to perform that kind of operation. By alerting turn teams ahead of the time when a case is expected to end, Tagnos ensures that patients will be moved quickly into the recovery area, allowing the next procedure to start sooner.
Tagnos gives hospital administrators visibility into workflow patterns, enabling them to optimize staff utilization and reduce cycle time. This decreased cycle time results in shorter patient waits and improves throughput. Especially in operating rooms and emergency departments, better throughput can translate into additional revenue and ROI. Moreover, the Tagnos solution increases patient satisfaction by keeping patients and their loved ones informed about the status of their care at every step.
“We are focused on the next generation of workflow optimization and the patient experience in the hospital environment and are delivering automation and analytics on top of location information,” said Neeraj Bhavani, Founder and CEO of Tagnos in a statement. “Our solution can capture the movement of people and equipment accurately without requiring any human intervention. It can improve patient flow and maximize the utilization of equipment and staff. By applying AI to data from many different sources, including RTLS tracking devices, EHRs and CPOE, we are able to orchestrate workflow to achieve greater efficiency and a better patient experience, while generating additional revenue for the hospital.”