Extra Funds for Healthcare Workforce Intel Firm Axuall

In the US, workforce intelligence company Axuall has raised an undisclosed amount of Series B-1 investment from healthcare venture capital firm Frist Cressey Ventures, which it will use to solve the problems of process inefficiencies, workforce shortages, and onboarding delays.

Axuall's 'practitioner data network' enables healthcare organizations to access clinician data from nearly 7,000 data sources and directly from physicians, advanced practice providers, and nurses. The technology enables healthcare systems, staffing firms, telehealth, and health plans to reduce onboarding and enrolment time, while providing data insights for network planning, analytics, and reporting.

New funding adds to Axuall's $41m raised-to-date. Charlie Lougheed (pictured), co-founder, and CEO of Axuall, comments: 'We are delighted to partner with Frist Cressey Ventures, a firm so dedicated to advancements in healthcare. Their insights, influence, and connections in the provider and payor space will be instrumental as we expand into new sectors and product lines.'

Web site: www.axuall.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.