• 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
  • Startups
  • M&A
  • Value-based Care
    • Accountable Care (ACOs)
    • Medicare Advantage
  • Life Sciences
  • Research

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

by Fred Pennic 01/29/2024 Leave a Comment

  • LinkedIn
  • Twitter
  • Facebook
  • Email
  • Print

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.

  • LinkedIn
  • Twitter
  • Facebook
  • Email
  • Print

Tagged With: Artificial Intelligence, wound care

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 Insights

2025 EMR Software Pricing Guide

2025 EMR Software Pricing Guide

Featured Interview

Kinetik CEO Sufian Chowdhury on Fighting NEMT Fraud & Waste

Most-Read

UnitedHealth Group Names Stephen Hemsley CEO as Andrew Witty Steps Down

UnitedHealth CEO Andrew Witty Steps Down, Stephen Hemsley Returns as CEO

Omada Health Files for IPO

Omada Health Files for IPO

Blue Cross Blue Shield of Massachusetts Launches "CloseKnit" Virtual-First Primary Care Option

Blue Cross Blue Shield of Massachusetts Launches “CloseKnit” Virtual-First Primary Care Option

Osteoboost Launches First FDA-Cleared Prescription Wearable Nationwide to Combat Low Bone Density

Osteoboost Launches First FDA-Cleared Prescription Wearable Nationwide to Combat Low Bone Density

2019 MedTech Breakthrough Award Category Winners Announced

MedTech Breakthrough Announces 2025 MedTech Breakthrough Award Winners

WeightWatchers Files for Bankruptcy to Eliminate $1.15B in Debt

WeightWatchers Files for Bankruptcy to Eliminate $1.15B in Debt

KLAS: Epic Dominates 2024 EHR Market Share Amid Focus on Vendor Partnership; Oracle Health Sees Losses Despite Tech Advances

KLAS: Epic Dominates 2024 EHR Market Share Amid Focus on Vendor Partnership; Oracle Health Sees Losses Despite Tech Advances

'Cranky Index' Reveals EHR Alert Frustration Peaks Midweek, Highest Among Admin Staff

‘Cranky Index’ Reveals EHR Alert Frustration Peaks Midweek, Highest Among Admin Staff

Madison Dearborn Partners to Acquire Significant Stake in NextGen Healthcare

Madison Dearborn Partners to Acquire Significant Stake in NextGen Healthcare

Wandercraft Begins Clinical Trials for Physical AI-Powered Personal Exoskeleton

Wandercraft Begins Clinical Trials for Physical AI-Powered Personal Exoskeleton

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 |