AvaSure, a company specialising in acute virtual care, has announced the acquisition of smart room solutions by Ouva, an AI-powered platform for delivering virtual care.
The move aims to boost innovation by integrating AI-driven virtual care technologies into hospitals.
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Financial specifics and other terms of the transaction remain undisclosed.
The deal is expected to help AvaSure improve the ambient AI functions of its Intelligent Virtual Care Platform while doubling the number of members in its existing internal AI engineering team.
With the improved platform, the company aims to reinforce its efforts to swiftly advance and excel in virtual care technology.
Following the acquisition, hospitals partnering with AvaSure will gain access to an expanded suite of ambient AI-powered features that optimise patient flow, enhance patient safety, support staff rounding, as well as improve mobility monitoring, all while providing operational insights.
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By GlobalDataThe sale of smart room solutions will not impact Ouva’s other operations, as it will continue to run its paediatric and wayfinding businesses.
AvaSure CEO Adam McMullin said: “We are delighted to incorporate Ouva’s comprehensive AI capabilities and welcome Ouva’s expert AI engineers and developers, further enhancing our in-house capabilities to deliver innovation to our customers.
“With this acquisition, we are strategically investing in the advancement of AvaSure’s platform to enhance our ability to deliver innovative solutions that improve patient care and operational efficiency.”
The latest acquisition builds on AvaSure and Ouva’s previously formed partnership last year.
The collaboration was intended to combine Ouva’s extensive AI capabilities with the AvaSure Intelligent Virtual Care Platform.
Ouva CEO Dogan Demir said: “This acquisition, born from a year-long partnership, is a natural progression of our shared vision. We are not just merging technologies; we are combining passionate and talented innovators dedicated to tackling hard problems in healthcare.
“AvaSure is set to be the driver of the AI transformation of hospital care, creating a hopeful future for increasingly strained hospital care services. Under AvaSure’s visionary leadership, I’m confident that our technology and team will play a pivotal role in shaping the future we will all benefit from.”
