SaVia Health raises $8.5M to provide clinicians with real-time decision support

The company will use the funding to develop its self-authoring platform

Until now, clinicians have battled barriers to keep up with the rapidly evolving landscape, which have prevented them from designing, implementing, and modifying care processes. This is more important now than ever, as hospitals are overflowing and clinical staff is declining. 

SaVia Health wants to change that with its platform that provides real-time clinical decision support within existing workflows, so that providers can avoid mistakes and achieve better outcomes for their patients by standardizing care. 

"Our versatile, no-code software transforms paper-based care processes into digital workflows, embedding them directly into electronic health records. The result? Dynamic workforce data capture is reduced from months to minutes and clinicians get real-time clinical advice at their fingertips," Dr. Will Caldwell, the company's co-founder and CEO, explained to VatorNews.

"In terms of our secret sauce, I’d definitely say that against other clinical workflow and decision support developers, we stand out for our customizability and ability to self-author. This self-authoring capability makes the SaVia solution scalable across a healthcare system."

On Thursday, SaVia announced an $8.5 million seed round led by Intel Capital with participation from Kickstart, Peterson Ventures, Tom Burton, the founder of Health Catalyst, and Dr. Brent James, a professor at Stanford.  

The Salt Lake City-based company was founded earlier this year by Caldwell, along with a group of veteran healthcare software engineers who wanted to provide clinicians with the ability to self-author clinical care pathways and provide clinical advice at the point of care. 

"When I first saw the technology built by our co-founder and Chief Technology Officer David Edwards, and his team of cutting-edge engineers, I was awestruck. In my 22 years as a practicing physician, I’ve never seen a piece of technology so embraced by clinical staff," Caldwell said.

"I knew it was something special and seeing the impact we’ve been able to have firsthand on both providers’ ability to provide care and patients’ outcomes has been incredible."

The healthcare systems and hospitals that get the most value out of SaVia are those that struggle to smoothly integrate the latest technology into existing processes; they require a translator that ingests data and offers up tangible, real-time guidance on the steps clinicians need to take to best serve each patient.

So far, SaVia only has just customer, Intermountain Healthcare, though Caldwell says that the company has multiple potential partners in the pipeline.

The new funding will be used, in part, for SaVia to further develop its self-authoring platform.

"Our self-authoring platform can help healthcare systems scale - and we mean really scale - their clinical decision support in a way that today is no longer a nice to have but a necessity. In addition to the obvious conditions, now systems can build patient pathways for conditions that have long since been ignored," Caldwell explained.

The company will also deploy the funding to expand its existing library of off-the-shelf applications, and to drive sales.

"As we continue to grow, we’ll expand the number of customized pathways we offer for different types of care. The specifics are bespoke and dependant on our customers’ needs. Even the off-the-shelf pathways are customizable.  This is imperative given the huge amount of new data and treatment options coming to light daily. You must be able to respond quickly by updating pathways – people’s lives depend on it!" said Caldwell.

"I want SaVia to be part of the healthcare solution in standardizing patient care. This standardization in process scaled across healthcare will save lives, reduce costs, and make the world a better place."

(Image source: saviahealth.com)