Healthcare artificial intelligence and technology company Pieces Technologies has raised $25.7 million in funding from healthcare-focused investment firm Concord Health.
The company developed platforms to address the social determinants of health and power clinical analytics, helping connect providers with community service providers. Clients include hospitals, health systems, community clinics, food banks, job assistance, and educational services. The technology analyzes real-time patient information to connect health systems with community organizations to improve patient outcomes.
The technology has enabled a half-day reduction in hospital stays and a reduction in readmissions to the hospital where it has been deployed, which include Children’s Health and Baylor Scott and White Health. Children’s Health has been a past investor in the company as well.
“Pieces is focused on building stronger and smarter networks to address the clinical and social determinants of health across a range of conditions, from heart failure to chronic kidney disease,” said Dr. Ruben Amarasingham, Founder and CEO of Pieces, via release.
