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Swift Medical Secures $8M to Power AI-Driven Wound Care

by Fred Pennic 01/29/2024 Leave a Comment

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What You Should Know:

– Swift Medical, a digital health leader in AI-powered wound care, has announced a successful $8M funding round co-led by BDC Capital’s Women in Technology Venture Fund and funds managed by Virgo Investment Group.

– The strategic investment will fuel the company’s mission to revolutionize chronic and acute wound care through advanced technology and artificial intelligence.

The Future of Wound Care

Swift Medical boasts a proven track record, serving as the trusted wound care partner for over 4,000 healthcare facilities across North America. Their platform empowers over 20,000 clinical users to deliver standardized, accessible, and equitable care to patients through:

– Advanced, high-precision imaging: Capturing detailed wound images for accurate assessment and monitoring.

– Compliant documentation: Streamlining workflows and ensuring adherence to regulatory guidelines.

– Clinical analytics and remote care: Providing data-driven insights and enabling effective remote patient monitoring.

With over 20 million wound images and 40 million assessments captured through their app, Swift Medical has demonstrably improved wound care outcomes and patient satisfaction. This new funding allows the company to further refine their technology and reach even more healthcare providers.

“This financing allows us to accelerate the development of our AI platform and deliver even greater value to our customers,” said [Name], CEO of Swift Medical. “We’re excited to enhance data security, improve interoperability, and expand device capabilities, all with the goal of elevating the patient experience and driving excellence in healthcare technology.”

Accelerating Platform Improvement

The new funding empowers Swift to focus on three key areas of platform improvement:

– Enhanced Data Security: Ensuring the highest level of patient data protection and compliance with evolving regulations.

– Improved Interoperability: Streamlining data exchange between Swift and other healthcare systems for seamless workflow integration.

– Enhanced Device Capabilities: Expanding the capabilities of Swift’s AI-powered tools to provide even more comprehensive and precise wound assessments.

These upgrades aim to elevate the customer experience for healthcare providers and facilities, ultimately promoting higher-quality care for patients with chronic and acute wounds.

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Tagged With: Artificial Intelligence, wound care

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