What You Should Know:
– In-House Health, a healthcare technology company focused on streamlining nurse scheduling, announced its official launch and $5.4 million in funding.
– The investment round, led by NEA and TMV with participation from pre-seed investors Vine Ventures and Longevity Venture Partners, fuels In-House Health’s mission to revolutionize nurse scheduling through AI-powered solutions.
Addressing Nurse Burnout with Technology
In-House Health was founded in 2023 by a team with a unique perspective: two healthcare professionals and a technical leader. Recognizing the challenges nurses face with scheduling and staffing, they aimed to leverage technology to create a more efficient and supportive work environment.
The Problem: Time-Consuming Scheduling and Unpredictable Demand
Nurse leaders currently spend a significant portion of their time (over 15 hours per week) on manual scheduling tasks. This reliance on outdated methods like drag-and-drop screens, whiteboards, or even pen and paper, hinders efficiency.
Furthermore, large hospitals often operate with a siloed approach, managing thousands of employees across regions. This leads to difficulties in anticipating staffing needs and responding to fluctuating demand.
In-House Health’s Solution: AI-Powered Scheduling for Streamlined Workflows
In-House Health tackles these challenges through a data-driven approach:
- Collaboration with Hospitals: The company works closely with hospitals and providers to integrate seamlessly into existing workflows.
- AI-powered Scheduling: Their AI algorithm, trained on millions of patient records, identifies patterns in bedside care. This allows for:
- Predictive Forecasting: Anticipating shift changes weeks in advance, unlike traditional methods.
- Reduced Scheduling Time: The algorithm potentially cuts scheduling times in half.
- Labor Cost Savings: In-House Health estimates over 10% cost reductions through optimized staffing.
“Saving manager time on scheduling is a huge win and relieves burnout among nursing leaders, but the real prize is improved staffing outcomes,” explained Ari Brenner, Co-Founder at In-House Health. “When hospitals fail to properly predict the future, it costs money in overtime pay and agency use. We can reduce both through precision staffing.”
