Key Highlights
- CalmWave closes a $5.25M financing round led by Third Prime with contributions from Catalyst by Wellstar, Silver Circle, and others.
- Plans to accelerate market penetration and grow GPO channel partnerships, including Premier, Inc. and Partners Coop.
- CalmWave has achieved a 58% reduction in non-actionable alarms, addressing a critical ICU challenge.
- Transparent AI empowers hospitals to make data-driven, actionable decisions to improve operations and patient care.
- Alarm fatigue impacts 80-99% of ICU alarms, leading to clinician burnout and patient risks like ICU delirium.
Source: Business Wire
Notable Quotes
- “We are dedicated to objectively improving healthcare, starting with eliminating non-actionable alarms in ICUs. We have demonstrated a 58% reduction in non-actionable alarms and increased safety in our retrospective analysis of one of our charter customer’s Cardiac Care units.” — Ophir Ronen, Founder and CEO at CalmWave
- “CalmWave has built a world-class SaaS platform very quickly. The company’s vision to create the Quiet ICU is a springboard towards highly optimized, data-driven hospital operations.” — Keith Hamlin, Co-founder and General Partner at Third Prime
SoHC's Take
CalmWave’s innovative approach to solving alarm fatigue in ICUs leverages Transparent AI to deliver impactful, data-driven insights. By addressing a long-standing challenge in healthcare, CalmWave is poised to revolutionize hospital operations and improve patient outcomes. Its recent funding highlights strong investor confidence in its unique solution and growth potential, further solidifying its leadership in this niche.
