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The race is set to a new generation of healthcare program to replace the Miras Hospital systems, which in some cases can not be renewed in decades. A start of the German from Munich Ram Using AI and cloud services, there are ambitions to build a new administrative system based on more modern instruments. Today, it is currently announcing 30 million euros ($ 31 million), as it is funded as equipment wins.
Sequoia is a series leader from the London office by participating in the Selios’s seed investors.
The starting assessment does not disclose, but the round Avelios affects the heels – finances all in 5 million euros. To date, Avelios said that he signed 12 customers who received all of San Clinic AG, one of the largest private hospital chains, including the German home market; Ludwig-Maximilians-University and Hannover Medical School in Munich.
“I think we think we’re pretty efficient,” said CEO Christian albrecht. “Really a good engineering group and here are a team of 11 medical doctors.”
Albrecht – CTO Nikolas Jakob and the company with Chief Medical Specialist Sebastian Krammer, the company said that the company used the plan to continue its financial work to continue to develop its own system. Spain is discussed with a hospital chain and looks at France and England
Covid Startings
Avelios is a market-based market-based approach to a market aimed at a market to date, and thus built around specially combined silicles to work together (and may) eventually never work well).
However, as a health problem, which began to all before falling, Avelios itself did not start the size of the building.
As described by the albrecht (above, above, the above), Krammer worked as a doctor during the Covid-19 pandemia, which has a dwarf nature of the German healthcare system.
“He ran to hospitals and reportedly calculating almost all his time and then given the results to the authorities,” he said. He consulted with Jakob, built something to build something to improve the report to think about how much he developed from the beginning.
Niko is a software engineer and is a very specialist in deep learning, “he said. “And they tested. They made a lot of promise, and tried to expand this study, but soon as many people were unable to show the information they had to acquire the AI system, with outdated systems.”
Albrecht, Jacob’s old friend – the previous company was built – it was brought to help you organize more to build something that can be used more. They quickly realized that it would like to make something else to make another and something is not different from the health issue.
“We encountered a very important decision,” he said. “Or ‘symptoms’ should treat and build a point on the existing chaos, on the existing IT systems, or do we actually build the root cause of this and a completely new hospital information system.”
They called a great call and ended and went for the second, “it would be longer, but in this way, you can solve these root reasons in full belief, and then the second step, he is after he spoke All fancy AI items above are placed unparalleled, because you have structured data, you can integrate AI solutions. “
And it took years, but Avelios finally ended the construction of a system that ended for everything, includes EHR (electronic health notes), shipping, clinical records and laboratory results, researchers or cooperation in various departments or organizations people working to make.
In addition to the Covid-19 awakening call, in Germany, with a financing power to save from the government in Germany), Avelios made other significant changes, and then made the deals, with health providers.
The first of which was probably the most current opponent’s change in the direction. SAP – Magistrate, which dominates the HeatrCare (and other vertical) master’s charges, was on the route of $ 30 billion enterprise resource planning (ERP) in the route of cloud services.
This said that it is far away from the building and health expensive, including a healthy vertical, he said to support long-term solutions. More than 1,000 hospitals using SAP’s legacy systems, providers need to be changed during the renovation. (SAP, as a transition partner Recommends Avelios among others, and Albrecht said they were trying to enter the polar position in this recommendation.
Second, a great boost for AI. Like many other industries, health is not pushed to a large number of AI solutions; He also asks him. However, unable to advance in a state of use in a state to be used – structured, mutually related – and inheritance systems are not usually established. Becomes another orpass to update.
Sequoia’s attention began with an introduction from Canrent, one of the seed investors.
“Avelios, this system was under the establishment of this system for four years,” said the partnership, Sequoia, Sequoia said. He was so quiet, how much customers were so surprised. ” They were able to win some of private and public hospitals. We are quite stunned and spread very fast after that. ”
Although Avelios became a large and ambitious swing here, this is also doing this in many pragmatism. Hospitals are generally due to the cost of both the return and except for wholesale of all systems, but also due to expenses
Indeed, this Kibers-Caniz Report since 2022 The Health Caught from the Society of Information and Management Systems that 73% of hospitals described their systems as “inherited”. Using a Broken, 35%, 34%, 34% using Windows Server 2008, 34%, uses 21% using a legacy medical device OS (21%) and (shock horror) and (shock horror) and (shock horror) and (shock horror) 20% Windows XP Uses, and 19% Windows Server 2003 and 2003 using R2 (19%) in 19%. “Some medical organizations can not necessarily plan to be obsolete in these operating systems,” the Hims reported in the report. “Every asset has a useful life and it is important to plan the end of the life of organizations.”
Therefore, the approach of Avelios was to keep everything module.
“We can build modial with customers,” said Albrecht. It almost explained, first documentation, then shipping, then the patient portal or in a different order, then the shipping, then the software provided to support, then to help administrative functions. “It will replace a monolithic system with another monolithic system because it’s something that the existing legacy players can offer, and then you have only a great bang option. Therefore, many of these projects went so terrible.”
