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AvaSure to Acquire Ouva’s AI-Powered Smart Room Solutions

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Written by: CDO Magazine Bureau

Updated 6:36 PM UTC, Mon July 29, 2024

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(US and Canada) AvaSure, a market leader in acute virtual care, announced today that it has acquired Ouva’s smart room solutions to accelerate innovation with AI-powered virtual care solutions for hospitals. The acquisition will expand the ambient AI capabilities of AvaSure’s Intelligent Virtual Care Platform and double in-house AI engineering resources, highlighting AvaSure’s dedication to fast innovation and excellence in virtual care technology.

As a result of the acquisition, hospitals that partner with AvaSure can benefit from a broader range of ambient AI-powered capabilities that improve patient safety, patient flow, staff rounding, and mobility monitoring while delivering operational insights. These advancements set new standards in AI-enhanced patient care, safety, and efficiency.

“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,” said Adam McMullin, CEO, AvaSure. “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.”

Last year, AvaSure and Ouva established a partnership to integrate Ouva’s comprehensive AI capabilities with the AvaSure Intelligent Virtual Care Platform. While Ouva sold its smart room solutions, the company will continue to operate its pediatric and wayfinding business.

“This acquisition, born from a year-long partnership, is a natural progression of our shared vision,” said Dogan Demir, CEO, Ouva. “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.”

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