Ferrum Health

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Ferrum Health is a healthcare artificial intelligence (AI) platform developer based in San Francisco, California. The company has developed an Enterprise AI Platform designed to help healthcare providers improve patient care and outcomes. This platform provides AI Hubs capable of running numerous AI applications across various service lines, seamlessly integrating clinical imaging and administrative data.

Ferrum Health's AI platform utilizes advanced machine learning algorithms to analyze medical data, offering doctors insights and recommendations to enhance patient care. The company's solution prioritizes data security by enabling private deployment within healthcare providers' existing infrastructure, ensuring patient data remains within their firewall.

As of 2022, Ferrum Health's Enterprise AI Platform had analyzed over 750,000 unique patient records, demonstrating significant traction within the healthcare industry. Major healthcare organizations, including Sutter Health and Carle Clinic, have adopted Ferrum Health's technology, recognizing its potential to revolutionize care delivery.

In August 2023, Ferrum Health launched its comprehensive AI platform on the Oracle Cloud Marketplace, enabling frictionless access and deployment of its extensive AI application catalog for Oracle customers. This strategic partnership allowed health systems to leverage Oracle's robust cloud infrastructure and Ferrum Health's proprietary orchestration technologies, facilitating the seamless integration of transformative AI tools to improve clinical efficiencies and patient outcomes.

Key customers and partnerships

Ferrum Health has established notable partnerships with healthcare providers and industry organizations, including:

Community Health Network: In March 2024, Community Health Network, a leading healthcare provider in Indiana, announced a partnership with Ferrum Health to integrate the company's AI platform into its existing infrastructure. This collaboration aimed to leverage AI technology to enhance patient-centered care and transform the healthcare experience for Community Health Network's patients.

Strategic Radiology: In November 2022, Strategic Radiology, the nation's largest coalition of independent, wholly physician-owned radiology practices, partnered with Ferrum Health. This partnership enabled Strategic Radiology's member practices to discover, validate, and manage AI algorithms through Ferrum Health's privately deployed enterprise AI platform, ensuring standardized and cost-effective adoption of clinical AI technology.


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:
1390 Market Street #423645 San Francisco CA USA
Founded year:
2017
Employees:
11-50
IPO status:
Private
Total funding:
USD 31.0 mn
Last Funding:
USD 16.0 mn (Series A; Sep 2024)
Last valuation:
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