• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer

  • Opinion
  • Health IT
    • Behavioral Health
    • Care Coordination
    • EMR/EHR
    • Interoperability
    • Patient Engagement
    • Population Health Management
    • Revenue Cycle Management
    • Social Determinants of Health
  • Digital Health
    • AI
    • Blockchain
    • Precision Medicine
    • Telehealth
    • Wearables
  • Life Sciences
  • Investments
  • M&A
  • Value-based Care
    • Accountable Care (ACOs)
    • Medicare Advantage

Boston Health IT Startup Laudio Launches to Solve Health System Staff Burnout

by Jasmine Pennic 10/29/2018 Leave a Comment

  • LinkedIn
  • Twitter
  • Facebook
  • Email
  • Print

Boston Health IT Startup Laudio Launches to Solve Health System Staff Burnout

Boston-based health IT entrepreneurs have teamed up to launch Laudio, a healthcare staff relationship platform designed to solve health system staff burnout. Laudio uses artificial intelligence to predict and prevent staff burnout, through more frequent, timely, and relevant manager interactions. This new software-as-a-service solution reduces turnover rates, which saves even a medium-sized acute care facility millions of dollars on annual replacement costs.

Founded by a team led by Russ Richmond, MD, Laudio was developed following his recovery from a nearly-fatal skiing accident. According to Richmond, during his lengthy hospital stay, he received high-quality and compassionate care from a large number of bedside staff, but also came to understand that his caregivers felt both underappreciated and overburdened. Motivated by his first-hand experience and his previous success building nurse and physician-based technology solutions, he founded Laudio to address the root causes underlying staff burnout.

Addressing Staff Burnout

Laudio aggregates vast amounts of data imported from the health system’s data sources. Using research-based benchmarks, Laudio’s algorithms calculate turnover risk for each staff then continually generate data-driven observations. Laudio quickly becomes the manager’s unified digital workflow by eliminating the manager’s need for multiple software logins, paper-based notes, and time-consuming workarounds, while allowing them to collaborate with colleagues.

In an era defined by cost reduction strategies, managing staff burnout, or churn, has become a top priority for all health systems. This priority is perhaps most critical for nurses, one of the largest segments of the hospital workforce. For example, the average nursing staff turnover rate is 16 percent, per year, with the cost of replacing one nurse averaging $66,000. As a result, the average hospital is forced to spend $5M-$10M annually on nursing turnover, alone. This expense is even greater when extended to all health system staff, beyond nursing.

“We set out to understand why high-performing staff was disconnected from their workplace and burning out in their role,” said Russ Richmond, MD, the CEO at Laudio. “Once our research identified that the manager was a key leverage point across a variety of the issues, we developed technology to equip these managers with data intelligence, personalized recommendations, and workflows to proactively and sustainably engage with every member on their team. Our goal is to facilitate one billion timely and meaningful manager-driven interactions through Laudio by 2028.”

“We know that the right engagement with the right staff, at the right time, can prevent burnout and reduce turnover. With Laudio, we now have the technology to make this possible, and to improve workplace culture in health systems everywhere. We also look forward to measuring and quantifying impacts on patient satisfaction, safety, and quality, as well as extending the tool to physicians”, said Dr. Richmond.

  • LinkedIn
  • Twitter
  • Facebook
  • Email
  • Print

Tagged With: Artificial Intelligence, Artificial Intelligence (AI) Software Platform, Laudio

Tap Native

Get in-depth healthcare technology analysis and commentary delivered straight to your email weekly

Reader Interactions

Primary Sidebar

Subscribe to HIT Consultant

Latest insightful articles delivered straight to your inbox weekly.

Submit a Tip or Pitch

Featured Interview

Reach7 Diabetes Studios Founder Chun Yong on Reimagining Chronic Care with a Concierge Medical Model

Most-Read

Bayer Exits Radiology AI Market, Discontinuing Calantic and Blackford

Bayer Exits Radiology AI Market, Discontinuing Calantic and Blackford

Oracle Health Launches AI Center of Excellence for Healthcare

Oracle Health Launches AI Center of Excellence for Healthcare

Particle Health Addresses Integration to Epic Data Despite Dispute

US Court Allows Particle’s Antitrust Claims Against Epic to Proceed

Epic Launches Comet: A New AI Platform to Predict Patient Health Journeys

Epic Launches Comet: A New AI Platform to Predict Patient Health Journeys

Preparing for the ‘Big Beautiful Bill’: How Digitization Can Streamline Medicaid Eligibility & Social Care Delivery

Preparing for the ‘Big Beautiful Bill’: How Digitization Can Streamline Medicaid Eligibility & Social Care Delivery

Evernorth Health Services Invests $3.5B in Shields Health Solutions

Evernorth Health Services Invests $3.5B in Shields Health Solutions

KLAS Report: Oracle Health Faces Customer Losses and Declining Satisfaction

KLAS Report: Oracle Health Faces Customer Losses and Declining Satisfaction

Tempus AI Acquires Digital Pathology Leader Paige for $81.25M

M&A:Tempus AI Acquires Digital Pathology Leader Paige for $81.25M

Mira Launches Ultra4™, the First At-Home Hormone Monitor with Lab-Quality Insights

Femtech: Mira Launches Ultra4™, the First At-Home Hormone Monitor with Lab-Quality Insights

How Healthcare CIOs Can Solve the Unstructured Data Crisis and Reduce Storage Costs

How Healthcare CIOs Can Solve the Unstructured Data Crisis and Reduce Storage Costs

Secondary Sidebar

Footer

Company

  • About Us
  • Advertise with Us
  • Reprints and Permissions
  • Submit An Op-Ed
  • Contact
  • Subscribe

Editorial Coverage

  • Opinion
  • Health IT
    • Care Coordination
    • EMR/EHR
    • Interoperability
    • Population Health Management
    • Revenue Cycle Management
  • Digital Health
    • Artificial Intelligence
    • Blockchain Tech
    • Precision Medicine
    • Telehealth
    • Wearables
  • Startups
  • Value-Based Care
    • Accountable Care
    • Medicare Advantage

Connect

Subscribe to HIT Consultant Media

Latest insightful articles delivered straight to your inbox weekly

Copyright © 2025. HIT Consultant Media. All Rights Reserved. Privacy Policy |