{"id":52823,"date":"2023-01-11T19:02:27","date_gmt":"2023-01-11T18:02:27","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/ardent-health-services-partners-with-switchpoint-ventures-to-launch-healthcare-innovation-studio\/"},"modified":"2023-01-11T19:02:27","modified_gmt":"2023-01-11T18:02:27","slug":"ardent-health-services-partners-with-switchpoint-ventures-to-launch-healthcare-innovation-studio","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/ardent-health-services-partners-with-switchpoint-ventures-to-launch-healthcare-innovation-studio\/","title":{"rendered":"Ardent Health Services partners with SwitchPoint Ventures to launch healthcare innovation studio"},"content":{"rendered":"
\n

\nNew studio takes innovation in-house at Ardent, building upon the two companies\u2019 early success in developing AI solutions together<\/i>\n<\/p>\n

NASHVILLE, Tenn.–(BUSINESS WIRE)–Ardent Health Services<\/a> has partnered with SwitchPoint Ventures<\/a> to launch an innovation studio focused on transforming healthcare delivery and administration. The partnership is an outgrowth of the companies\u2019 successful two-year collaboration in developing AI solutions, combining Ardent\u2019s resources and broad clinical footprint with SwitchPoint Ventures\u2019 expertise in artificial intelligence and innovation strategy.\n<\/p>\n

<\/a><\/p>\n

\nThe new studio builds on a model that has already delivered results, handcrafting solutions that use Ardent\u2019s 30 hospitals and 200 sites of care to address entrenched challenges within healthcare delivery. The studio\u2019s charge is to develop and deploy data-driven solutions across Ardent\u2019s footprint, with an eye toward launching them as independent ventures serving the broader healthcare industry.\n<\/p>\n

\n\u201cArdent and SwitchPoint share a commitment to addressing the root problems that burden healthcare delivery,\u201d said Ardent President and CEO Marty Bonick. \u201cMaking healthcare work better demands more than status quo thinking. SwitchPoint\u2019s team listens, breaks down assumptions, attacks the salient issues, and iterates until there\u2019s a breakthrough. Together, I\u2019m confident we will bring big ideas and bold solutions to life in the areas that matter most to patients and caregivers.\u201d\n<\/p>\n

\nIn 2021, Ardent and SwitchPoint partnered to develop Winnow<\/a>, an AI solution for clinician recruitment. Winnow uses predictive analytics to help Ardent and other healthcare providers source, recruit, and retain clinicians who are ideal fits for each role. Winnow was recently awarded the 2022 NEXT Award for Best Healthcare Startup by the Nashville Entrepreneur Center.\n<\/p>\n

\nArdent has also implemented Polaris<\/a>, SwitchPoint\u2019s novel solution for accurately predicting patient volume – months in advance – in any clinical setting. Such visibility enables managers, for the first time, to deploy staff in an intelligent way to meet the predicted labor demand. Ardent has adopted Polaris in the belief that optimized schedules will have an extraordinary ripple effect: boosting the satisfaction and retention of clinical staff, streamlining hospital operations, and improving patient care and satisfaction.\n<\/p>\n

\n\u201cOne of the reasons why innovation is so difficult is that people talk about the need for change, but won\u2019t take the steps to make the change,\u201d said Ray Guzman, CEO of SwitchPoint Ventures. \u201cIt has been a breath of fresh air to work with Marty and his team. Their growth mindsets, respect for the creative process, and eagerness to follow through makes for an ideal environment to introduce disruptive solutions. Like us, they are serious about transforming the healthcare industry, and I\u2019m excited for the future we are building together.\u201d\n<\/p>\n

\nThe new venture is the latest in a series of partnerships between Ardent and disruptive health technology companies focused on reimagining the healthcare experience for patients and caregivers. The company recently announced the launch of a state-of-the-art continuous inpatient monitoring program<\/a> with BioIntelliSense, a virtual nursing program<\/a> with care.ai, and a remote patient monitoring<\/a> initiative with Cadence.\n<\/p>\n

\nAbout SwitchPoint Ventures<\/b>\n<\/p>\n

\nSwitchPoint Ventures is an artificial intelligence-focused, Nashville-based venture studio that partners with business leaders across industries to drive rapid technological innovation. By focusing on its partners\u2019 toughest challenges and biggest opportunities, SwitchPoint\u2019s award-winning data science team creates custom artificial intelligence solutions to support smarter, more profitable business decisions. Learn more at: www.switchpointventures.com<\/a>.<\/i>\n<\/p>\n

\nAbout Ardent Health Services<\/b>\n<\/p>\n

\nArdent Health Services invests in people, technology and communities. Through its subsidiaries, Ardent owns and operates 30 hospitals and nearly 200 sites of care in six states with more than 24,000 employees, including 1,200+ employed providers. With a focus on evidence-based practices to improve quality care and patient outcomes, 95% of eligible Ardent hospitals received a Leapfrog Hospital Safety Grade of A or B for Fall 2022, compared with 57% of all ranked U.S. hospitals. In 2022, Modern Healthcare recognized six Ardent entities as \u201cBest Places to Work,\u201d marking the 14th<\/sup> consecutive year an Ardent facility was recognized. Based in Nashville, Tennessee, Ardent is owned by current and former members of Ardent\u2019s management team; Equity Group Investments (EGI), a Chicago-based private investment firm; and Ventas, Inc. (NYSE: VTR), a publicly traded real estate investment trust. Learn more at: www.ardenthealth.com<\/a>.\n<\/p>\n

Contacts<\/b> <\/p>\n

\nWill Roberts
\n
615-296-3464
\n
will.roberts02@ardenthealth.com<\/a>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

New studio takes innovation in-house at Ardent, building upon the two companies\u2019 early success in developing AI solutions together NASHVILLE, Tenn.–(BUSINESS WIRE)–Ardent Health Services has partnered with SwitchPoint Ventures to launch an innovation studio focused on transforming healthcare delivery and administration. The partnership is an outgrowth of the companies\u2019 successful two-year collaboration in developing AI … [Read more…]<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"entry","1":"post","2":"publish","3":"author-business","4":"post-52823","6":"format-standard","7":"category-industry"},"yoast_head":"\nArdent Health Services partners with SwitchPoint Ventures to launch healthcare innovation studio - Pharma Trend<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pharma-trend.com\/en\/ardent-health-services-partners-with-switchpoint-ventures-to-launch-healthcare-innovation-studio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ardent Health Services partners with SwitchPoint Ventures to launch healthcare innovation studio - Pharma Trend\" \/>\n<meta property=\"og:description\" content=\"New studio takes innovation in-house at Ardent, building upon the two companies\u2019 early success in developing AI solutions together NASHVILLE, Tenn.–(BUSINESS WIRE)–Ardent Health Services has partnered with SwitchPoint Ventures to launch an innovation studio focused on transforming healthcare delivery and administration. 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