In-House Health raises $4Mn to streamline nurse scheduling with AI
COLORADO, UNITED STATES — In a move to revolutionize nurse scheduling, In-House Health has secured $4 million in funding to expand its AI-enabled platform designed specifically for nursing teams.
Officially launching during National Nurses Week, In-House Health raised funds in a seed round led by New Enterprise Associates (NEA) and TMV, with participation from pre-seed investors Vine Ventures and Longevity Venture Partners.
The startup has raised a total of $5.4 million to date.
AI-powered platform aims to reduce staffing costs, burnout
In-House Health’s technology leverages predictive analytics and automatic scheduling tools to guide nurse leaders in managing their staff. The initiative aims to improve team experiences, healthcare delivery, and financial outcomes.
Ari Brenner, Founder and CEO of In-House Health, noted that nurse scheduling is a time-consuming process that takes up some 15 hours of nurse leaders’ time.
Instead of tending to their patients, nurses are burdened with loads of manual documentation to fix work schedules.
“When hospitals fail to properly predict the future, it costs money in overtime pay and agency use. We can reduce both through precision staffing,” Brenner said.
Brenner claims that the innovation can shorten hours spent on scheduling by half or more and reduce labor costs by 10% by building manageable workloads.
“Saving manager time on scheduling is a huge win and relieves burnout among nursing leaders, but the real prize is improved staffing outcomes,” Brenner added.
Additionally, it can save nurse managers more than five hours per week typically spent on managing shift schedules.
The system currently delivers scheduling and clinical insights to help manage more than 800 nurses.
Other AI-powered nurse scheduling platforms
In-House Health joins a number of other firms providing AI-powered scheduling for healthcare.
Just this week, AI healthcare optimization platform Opmed.ai announced the successful raise of $15M in Series A funding. Opmed.ai’s optimization engine rapidly assesses billions of permutations and automatically generates alternative schedules that vastly enhance resource utilization.
In February, health tech company Fabric raised $60 million in a Series A round to expand its care enablement platform for healthcare providers. The platform boosts provider productivity by improving in-person and virtual visits with tools like conversational artificial intelligence.
On-demand workforce technology provider ShiftMed also launched ShiftAdvisor in January. ShiftAdvisor is a new AI-powered feature for nurse scheduling that finds the best shifts with minimal cancellation risks and simultaneously enables facilities to achieve optimal staffing levels.
New staffing mandate presents challenges
A number of medical firms have been leveraging virtual nurses to aid in administrative tasks such as patient inquiries, check-in, and discharge.
Meanwhile, others have equipped hospital suites with AI-powered cameras and sensors that can detect a patient’s vital signs.
Amid these efforts, challenges for the healthcare segment never cease. The Biden administration’s new staffing mandate, which requires a minimum number of hours of care, presents another hurdle for the industry.
The American Health Care Association (AHCA) called the new rule an “unreasonable standard” that could lead to nursing home closures and limit senior citizens’ access to care.
