Healthcare automation company Qventus closed a $50 million funding round. Here are three things to know:
- The funding round was led by private equity firm Thomas H. Lee Partners. Neenah, Wis.-based ThedaCare, healthcare improvement company Premier and three other venture capital firms also participated.
- The money will help Qventus expand its technology to more hospitals and health systems, according to a Feb. 28 news release.
- Qventus offers artificial intelligence-enabled care operations automation software that can reduce excess days by 30 to 50 percent and decrease length of stay by up to one full day, according to the release.