Swift Medical

Overview
News
Hospital-at-Home?
Product stageSegments
Go-to-Market
?
In-Home Medical Care Providers
?

Swift Medical is a digital health technology company focused on improving clinical and economic outcomes in wound care. The company's flagship product, Swift Skin & Wound, is a mobile application that transforms any smartphone into an AI-powered wound imaging device. This technology enables healthcare providers to capture high-precision 3D images, measurements, and clinical data of wounds without physical contact. The app's imaging capabilities allow for real-time monitoring of at-risk patients, proactive decision-making, and remote wound consultations, streamlining the wound care process for both clinicians and patients.

As of June 2023, Swift Medical's technology had been used for over 20 million wound assessments across nearly 4,000 healthcare facilities in North America. The company reported significant improvements in wound care outcomes, including a 37% increase in healing speed, a 35% reduction in wound prevalence, a 14% decrease in hospitalizations, and a 62% reduction in hospital length of stay. In March 2022, Swift Medical introduced the Swift Ray 1, a hardware device that attaches wirelessly to a smartphone camera. This palm-sized device captures beneath-the-skin clinical data, including signs of infection, bacterial colonization, tissue compromise, perfusion, inflammation, and blood oxygen levels using long-wave infrared, near-infrared, ultraviolet, and enhanced RGB imaging technology.

Swift Medical's platform integrates with leading electronic health records, improving clinical efficiency and ensuring comprehensive documentation of patient care. The company's technology aims to address the challenges in wound care, where traditional methods often rely on outdated techniques and limited formal education for clinicians. By providing advanced imaging and analytics capabilities, Swift Medical seeks to deliver high-quality, value-based wound care at scale, potentially transforming the management of a condition that affects more people than breast cancer, colon cancer, lung cancer, and leukemia combined.

Key customers and partnerships

Swift Medical's technology has been adopted by over 4,000 healthcare organizations across North America. In a notable partnership, the company secured a deal with AccentCare, one of the largest home health providers, to implement its technology across thousands of care providers. Swift Medical has also expanded its offerings to support decentralized clinical trials through its Swift Scientific platform, which provides research-grade clinical imaging capabilities for this growing market segment.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
1 Richmond Street West Suite 300 Toronto ON CAN
Founded year:
2015
Employees:
51-100
IPO status:
Private
Total funding:
USD 56.1 mn
Last Funding:
USD 8.0 mn (Series Unknown; Jan 2024)
Last valuation:
-
Key competitors
Filter by the segments to which the disruptor belongs
All Segmentsexpand
 
Loading...
Loading...
Loading...
Loading...
Product Overview
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Product Metrics
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Company profile
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Funding data are powered by Crunchbase
arrow
menuarrow
Click here to learn more
Get a demo

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.