CalmWave Raises $5.25 Million to Fuel Expansion in Health Systems
Summary
CalmWave will use the new capital to accelerate market penetration and strengthen and expand its GPO channel partnerships, including Premier, Inc. and Partners Coop.CalmWave is the first effective solution to address the endemic problem of alarm fatigue in Intensive Care Units (ICUs). We have demonstrated a 58% reduction in non-actionable alarms and increased safety in our retrospective analysis of one of our charter customers Cardiac Care units, said Ophir Ronen, Founder and CEO, CalmWave. To feed its models, CalmWave uses a hospitals retrospective and real-time patient data, such as vital signs, interventions, and medication administration, to provide objective recommendations for reducing alarm fatigue. Ophir is an accomplished leader and has assembled an outstanding team with unique expertise in deep technology and big data, said Keith Hamlin, Co-Founder and General Partner of Third Prime. The companys vision to create the quiet ICU is a springboard towards highly optimized, data-driven hospital operations.CalmWaves mission is to objectively improve healthcare, starting with safely eliminating non-actionable alarms.