What does ArcheHealth do?
ArcheHealth is a healthcare operational intelligence company that leverages an AI-based platform to analyze de-identified clinical, financial, and operational data. This helps hospitals gain detailed insights into the actual costs of delivering patient care, identify process inefficiencies, and reduce expenses in areas such as labor, supplies, and drugs.
How much did they raise?
The company raised $6.7M in Seed funding, with the round being led by LRVHealth, Martin Ventures, and Texas Health Resources.
What are their plans for the money?
With the new funds, ArcheHealth intends to scale its operations and further develop its AI platform. This expansion is expected to empower hospitals to transition from reactive to proactive performance management and create sustainable margin growth overall.
What have they achieved so far?
ArcheHealth's platform already assists hospitals by effectively analyzing multiple data sources to highlight inefficiencies in the delivery of patient care, thereby supporting cost reduction and improved operational performance.
