Memorial Hermann Health System in Houston has joined Laudio’s Series B funding round as a strategic investor, with a commitment to utilizing innovative digital tools to support system-wide improvements and further engage their employees. The AI-enabled platform offered by Laudio provides healthcare management personnel recommendations on how to engage with their teams to reduce burnout and employee turnover, and automates repetitive tasks for more efficient operations within healthcare systems.
Laudio raised $13 million in the Series B funding round, which also saw partnerships with Tufts Medical Center, Novant Health, UNC Health, Northwell Health, and Nebraska Medicine announced in 2019 and 2021 respectively. In addition to these partnerships, other companies such as Canada-based Practice Better are also making waves in the industry with a $27 million growth investment secured in April. These investments reflect the growing demand for innovative technologies and platforms to support the healthcare industry and its employees.