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Former HCA execs land $4M for hospital bed management

Claire Rychlewski

Feb 20, 2024

Axios Pro

UnityAI, a startup aimed at helping hospitals better manage bedside

operations, raised a $4 million seed, CEO Edmund Jackson tells Axios


Why it matters: Hospitals are struggling to discharge recovering patients to

new settings, reducing overall health system capacity.

What's happening: Max Ventures led the round, alongside a co-investment

from existing (and largest) backer Whistler Capital.

Nashville Capital Network and Company Ventures also participated.

Illustration: Gabriella Turrisi/Axios

Funds are designed to last 12-18 months as the Nashville-based company

grows its R&D team, Jackson says.

How it works: Developed by Jackson, Cody Hall and Jason Parker — all

former data scientists at HCA Healthcare — UnityAI uses machine learning

and large-language model to streamline daily hospital workflows.

The patient discharge process, for example, involves moving pieces like

post-acute placement, durable medical equipment needs, and medication

management instruction.

Using UnityAI's platform, providers can identify specific patient needs

and coordinate with other team members quickly to discharge, says


What's next: The company is evaluating product market fit with a handful of

large hospital networks in Nashville, Jackson says.

"We expect to be in tens-to-dozens of hospitals by the end of the year," he


What they're saying: Max Ventures has seen a lot of decks for new health

care AI companies, says partner Ryan Darnell. UnityAI's founders

backgrounds helped it stand out.

"From his time at HCA his time in health care, [Jackson] knows exactly

what the problem is. He knows exactly how these hospitals operate,"

Darnell says.

Between the lines: Bed management operations can differ significantly

depending on the size and location of a health system, which could make

customization and implementation more challenging for UnityAI.

Yes, but: Jackson says that's part of the problem.

"We believe that there are some standard things that should be

implemented in a similar way across hospitals," Jackson says.

"So we're building a portfolio of playbooks ... which can then be adjusted,"

using generative AI, he adds.

State of play: Startups deploying AI to streamline and automate hospital

operations have attracted investor dollars in recent months.

Last November, General Catalyst merged portfolio companies Commure

and Athelas with a $70 million investment, purporting to create an AI-

powered, integrated hospital operating system.

In January, Artisight raised a $42 million Series B from NVIDIA and other

undisclosed investors for a smart hospital platform, pairing IoT sensors

and machine learning.

"So we're building a portfolio of playbooks ... which can then be adjusted,"

using gene AI, he adds.s providers AI-patient simulation models to boost

medical learning. (Though the company has kept mum on specific

applications to-date).

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