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Frist Cressey Ventures is among the nation’s leading venture capital firms in healthcare, joining a large group of healthcare investors and organizations supporting Axuall.

CLEVELAND, August 2, 2023 (GLOBE NEWSWIRE) — Axuall has announced the addition of Frist Cressey Ventures to its investor family with a Series B-1 investment following the company’s Series B funding in May 2023. Axuall has raised over $41 million from a combination of more than two dozen leading healthcare organizations to address the growing need to leverage big data to solve the pressing problems of process inefficiencies, workforce shortages, and onboarding delays. Axuall’s offerings optimize clinician experience while improving patient care access and financial strength.

The collaboration between Axuall and Frist Cressey Ventures represents a significant step forward in driving healthcare innovation. Frist Cressey Ventures, a leading healthcare venture capital firm providing strategic support in the key areas that help businesses thrive, innovate, and deliver on their promise to affect systemic change, brings extensive provider and payor perspective and a deep commitment to advancing transformative solutions. Their partnership with Axuall reinforces the power of data and automation to reshape healthcare delivery and workforce management.

“We are thrilled to partner with Axuall, an organization that is revolutionizing workforce optimization in healthcare through data-driven solutions,” shares Senator Bill Frist, M.D., co-founder and partner of Frist Cressey Ventures. “Axuall’s commitment to driving efficiency and cost-effectiveness aligns perfectly with our mission of transforming healthcare to improve lives. We believe this investment will contribute to Axuall’s continued growth and create a lasting impact in the industry by unlocking the power of data to enhance the clinical workforce.”

Axuall’s Workforce Intelligence Network enables healthcare organizations to plug into a vast array of clinician data from nearly 7,000 data sources and directly from physicians, advanced practice providers, and nurses via an integrated digital credential wallet with integrated smart applications. Connecting to the systems, vendors, and processes that these organizations already use today, the technology has resulted in significant cost savings and efficiency gains at leading healthcare organizations across the country while providing insights into their clinician populations for planning, recruiting, and placement.

MedStar Health’s Institute for Innovation, along with system clinical and operational partners, began work with Axuall in 2021 as a customer and development partner, recently expanding its equity investment this year. As part of its innovation transformation initiatives across its 10 hospitals and more than 300 care locations, MedStar Health has integrated Axuall’s technology into its next-generation clinician credentialing, onboarding, and engagement process. Their work together has already yielded an initial 21-day reduction or roughly a third of processing time while reporting a clinician satisfaction score of 9 out of 10. Integrated with MedStar Health’s provider management application, which is HealthStream’s CredentialStream application, the Axuall Network and Digital Credential Wallet streamline the inflow of data to shorten clinician deployment times to help meet patient needs in the communities they serve.

“Axuall has been an integral innovation partner during our credentialing transformation journey,” said Bill Sheahan, Chief Innovation Officer at MedStar Health and Executive Director of the MedStar Institute for Innovation. “Recognizing that positive change is sparked by combining exceptional technology, people, and processes, fostering a culture of innovation has been a core component of our commitment to our patients and clinicians who care for them. We are excited by the results we’ve seen and look forward to further leveraging data and automation to drive future efficiencies.”

“Data innovation is the catalyst for much-needed workforce optimization in healthcare, and we are proud of what we’ve built with MedStar Health and the many innovative healthcare organizations we’ve worked with since our inception,” stated Charlie Lougheed, co-founder, and CEO of Axuall. “Moreover, we are delighted to partner with Frist Cressey Ventures, a firm so dedicated to advancements in healthcare. Their insights, influence, and connections in the provider and payor space will be instrumental as we expand into new sectors and product lines.”

About Axuall:

Built with leading healthcare systems, Axuall is a workforce intelligence company powered by a national real-time practitioner data network. The technology enables healthcare systems, staffing firms, telehealth, and health plans to dramatically reduce onboarding and enrollment time while providing robust data insights for network planning, analytics, and reporting. To learn more, visit axuall.com or follow Axuall on LinkedIn.

About Frist Cressey Ventures:

The Frist Cressey Ventures’ mission is simple: to transform healthcare to improve lives. We invest in technology and service businesses with viable solutions that improve quality of care, system integration, patient outcomes, and population health and well-being.

We focus our time and attention on three key areas: recruiting top talent, connecting partnerships with our deep industry network, and executing our partnerships’ plans to improve healthcare.

Media Contact:

Laura Hamilton

Senior Marketing Manager

laura.hamilton@axuall.com

Workforce intelligence technology enables healthcare organizations to apply data and analytics across their clinician population to drive better and faster decisions across human capital management, while reducing onboard delays.

CLEVELAND, March 28, 2023 (GLOBE NEWSWIRE) — Lehigh Valley Health Network (LVHN) has selected Real-Time Clinician Data Network provider Axuall to leverage big data to improve the clinician onboarding process and power workforce intelligence throughout its 13 hospital campuses, numerous health centers, physician practices, rehabilitation locations, ExpressCARE sites and other outpatient care locations in 10 eastern Pennsylvania counties.

Workforce intelligence technology plays a crucial role in ensuring the clinician pipeline runs as efficiently as possible. By providing leading health systems with comprehensive, real-time insight into their current and future clinical workforce, leaders can better navigate the increasing challenges of care logistics such as addressing gaps in access and quality as a result of workforce supply, distributing precious resources more efficiently, and optimizing their care networks.

“Lehigh Valley Health Network is extremely excited to commence our clinician data strategy with Axuall, further focusing on reducing barriers to access and quality through a faster and more robust onboarding process, optimizing workforce analytics and improving the clinician experience,” said Maulik Purohit, MD, MPH, Chief Health Information Officer at LVHN. “With Axuall’s Real-Time Clinician Data Network, LVHN will be able to create powerful data streams and tap into further insights that will directly impact our clinical teams by eliminating inefficiencies and reducing burdens. This partnership is one example of how LVHN is using modern digital infrastructure and data analytics to improve patient care.”

LVHN will use data and analytics from the Axuall Network, comprising more than 6,800 primary sources, to help it achieve its goals of reducing manual data collection credentialing operations and clinician deployment times, as well as create a strategic pathway to fuel clinician recruitment and privileging – all in an effort to fill open roles, meet patient access and safety needs, combat clinician burnout, and achieve financial objectives.

“Workforce optimization has never been more important to delivering quality care, reducing burnout, and achieving cost efficiency in healthcare,” shared Charlie Lougheed, Chief Executive Officer and co-founder of Axuall. “We’re thrilled to partner with LVHN as it puts data to work for its clinicians and administrative teams alike.”

About Axuall

Built with leading healthcare systems, Axuall is a workforce intelligence company powered by a national real-time practitioner data network. The technology enables healthcare systems, staffing firms, telehealth, and health plans to dramatically reduce onboarding and enrollment time while also providing unique, powerful data insights for network planning, analytics and reporting. To learn more, visit www.axuall.com.

About Lehigh Valley Health Network

Lehigh Valley Health Network (LVHN) includes 13 hospital campuses, four in Allentown, two in Bethlehem, one in Easton, one in East Stroudsburg, one in Hazleton, two in Pottsville, one in Dickson City, and one in Lehighton, Pa.; 28 health centers; numerous primary and specialty care physician practices; 20 ExpressCARE locations including the area’s only Children’s ExpressCARE; pharmacy, imaging, home health, rehabilitation and lab services; and preferred provider services through Valley Preferred. Additional information is available by visiting LVHN.org or following LVHN on Facebook, Twitter, LinkedIn and Instagram.

CLEVELAND, Jan. 10, 2023 (GLOBE NEWSWIRE) — Clinical Workforce Intelligence Leader Axuall announced today the appointment of veteran healthcare technology executive Michael Hawkins to the position of Chief Technology Officer. With more than 20 years of delivering innovative healthcare technology solutions, Hawkins will put his skills and expertise in software development and team building to considerable use as Axuall continues to identify and strategize innovative approaches to existing challenges in the various market segments it serves.

“Michael is an outstanding technology leader with a record of continuous success working in the healthcare SaaS industry, building world-class technology teams and leading the development of powerful and intelligent solutions for high growth organizations,” said Charlie Lougheed, CEO and co-founder of Axuall. “I am thrilled to welcome Michael as Chief Technology Officer, as we continue to deliver on the power of using data and analytics for workforce optimization.”

Hawkins brings industry-leading experience, having led major industry technology innovation as CTO of Patient Discovery, CTO of Vivify (Optum), and VP of Development at MEDHOST. With a career spanning decades, he has successfully launched, scaled, and implemented disruptive healthcare technology solutions nationwide.

“With my passion for building solutions for complex workflows, I am excited to be joining the Axuall team and their mission of delivering workforce intelligence to leading healthcare systems,” shared Hawkins. “I look forward to working with such a talented team to expand Axuall’s real-time Clinician Data network and continue to enhance the SaaS and API platform for customers and partners.”

About Axuall

Built with leading healthcare systems, Axuall is a workforce intelligence company powered by a national real-time practitioner data network. The technology enables healthcare systems, staffing firms, telehealth, and health plans to dramatically reduce onboarding and enrollment time while also providing unique, powerful data insights for network planning, analytics and reporting. To learn more, visit www.axuall.com.

Contact Information:
Laura Hamilton
laura.hamilton@axuall.com

Built and sponsored by 26 leading healthcare systems, Axuall is combating healthcare’s #1 challenge: Workforce Optimization. Expansion now provides coverage for more than 5 million clinicians nationwide, including Physicians, Advanced Practice Providers and Nurses!

Nursing is the nation’s largest healthcare profession, with more than 3.8 million Registered Nurses (RN) nationwide. Although considered the backbone to providing quality care and meeting patient demand, the nursing community is left with an ongoing crisis:

• An aging population is increasing the demand of patient care
• A generation of nurses are retiring
• The current credentialing and onboarding process is taking months to backfill and deploy positions
• Skyrocketing labor costs

Axuall is a workforce intelligence company powered by a national real-time practitioner data network. The technology enables healthcare systems, staffing firms, telehealth, and health plans to dramatically reduce onboarding and enrollment time while also providing unique, powerful data insights for network planning, analytics and reporting.

Clinical workforce intelligence leader Axuall will leverage real-time data and verifications to optimize and rapidly onboard NOMS Healthcare clinicians.

CLEVELAND, Nov. 15, 2022 (GLOBE NEWSWIRE) — Axuall announced today that NOMS Healthcare, Northern Ohio’s largest independent multi-specialty physician practice, has selected Axuall to optimize its workforce management. Using data and analytics, Axuall and NOMS will create powerful data streams and insights that will eliminate inefficiencies, reduce burnout, increase patient access, and enable more efficient onboarding and deployment of clinical staff through Axuall’s Real-Time Clinician Data Network.

Workforce intelligence technology is allowing healthcare organizations to apply data and analytics across their employee populations to drive better and faster decisions across human capital management. As organizations struggle to fill roles, combat clinician burnout, meet patient demand and achieve their financial objectives, workforce intelligence technology can play a crucial role in ensuring that the workforce supply chain is running as efficiently as possible. Taking a proactive step by implementing Axuall’s workforce intelligence solution, NOMS Healthcare will have the ability to lean on real-time data to identify gaps in their workforce, allocate all of their resources more proficiently and enhance their networks in the future.

“We’re excited to work with NOMS Healthcare as they leverage our data network and automation technology to optimize and grow their workforce,” shared Charlie Lougheed, Chief Executive Officer and co-founder of Axuall. “Giving clinicians better visibility and control over their digital career credentials while data-enabling healthcare organizations to safely streamline their deployment is critical to meeting patient demand.”

“We are excited to partner with Axuall to assist us in streamlining our provider credentialing process,” shared Rick Schneider, NOMS Healthcare Chief Strategic Officer. “This relationship will help us create efficiencies and ultimately ensure our patients receive care as quickly as possible.”

About Axuall

Built with leading healthcare systems, Axuall is a workforce intelligence company powered by a national real-time practitioner data network. The technology enables healthcare systems, staffing firms, telehealth, and health plans to dramatically reduce onboarding and enrollment time while also providing unique, powerful data insights for network planning, analytics and reporting. To learn more, visit www.axuall.com.

About NOMS Healthcare

NOMS Healthcare (Northern Ohio Medical Specialists) is an independent physician-led, physician-owned multi-specialty group with over 300 providers across Northern Ohio and Western Pennsylvania. Founded in 2001, the independent collaborative is considered one of the nation’s most progressive leaders in the quest to effectuate reform of the country’s antiquated healthcare system. Established with a mission to provide patients with the best possible outcomes at the lowest possible costs, NOMS is in hyper-growth mode as physicians and health systems are eager to partner with NOMS’ cutting-edge ranks. NOMS providers practice in over 30 specialties with emphasis on collaborating with patients to provide the most advanced treatments and highest quality care.

Contact Information:

Axuall:

Laura Hamilton

laura.hamilton@axuall.com

NOMS Healthcare:

Nicole McFee

nmcfee@nomshealthcare.com

Detroit, MI – Purpose Jobs, the Midwest’s largest startup and tech community, today announced Axuall to its list of best places to work in Midwest tech in 2023. The list covered companies headquartered and hiring in the following cities and remote: Ann Arbor, Chicago, Columbus, Cincinnati, Detroit, Grand Rapids, Cleveland and more.

“We are thrilled to be included on Purpose Jobs’ list of the Best Places to Work in 2023,” said Charlie Lougheed, Chief Executive Officer and co-founder of Axuall. “Our people matter just as much as our mission; they’re why this is a great place to work. They remind me every day why our work together is so important.”

Companies across the Midwest region (and those hiring in the Midwest) were evaluated based on culture, benefits, growth opportunities, commitment to people, and mission.

With the rise of inflation, economic uncertainty and layoffs across the board, the job market has been turbulent and making people rethink their careers and purpose. Professionals are reprioritizing what’s important to them in a job and a lot of it has nothing to do with the job itself. They’re looking for great cultures, growth opportunities, flexibility, and the chance to work in a purpose-driven environment.

In fact, according to a new study from the American Psychological Association, 81% of individuals surveyed said they will be looking for workplaces that support mental health when they seek future job opportunities.

“Great workplaces are built on great cultures,” said Ryan Landau, founder and CEO of Purpose Jobs. “Top talent across the country and beyond are looking for purpose-driven organizations that put their people first and make building a healthy culture a priority. That’s what it means to be a best place to work.”

About Purpose Jobs

Purpose Jobs is the Midwest’s largest startup and tech community. They connect top talent with purpose-driven companies based on values, experience and culture contribution. Purpose Jobs creates a human-first approach to job matching where employers have access to interview-ready candidates who have filled out a profile that highlights skills, experience, and cultural importance.

About Axuall

Built with leading healthcare systems, Axuall is a workforce intelligence company powered by a national real-time practitioner data network. The technology enables healthcare systems, staffing firms, telehealth, and health plans to dramatically reduce onboarding and enrollment time while also providing unique, powerful data insights for network planning, analytics and reporting. To learn more, visit www.axuall.com.

CLEVELAND, Nov. 01, 2022 (GLOBE NEWSWIRE) — Axuall, Inc. announced today that it has appointed seasoned healthcare technology executive and business developer Mike Bechtel as Senior Vice President of Commercial Growth. Bechtel, a well-respected expert in the patient and member engagement, data analytics, and digital identity management space, will be responsible for Axuall’s end-to-end commercial and collaborative development approach with clients and stakeholders across various market segments.

“As revenue leakage, and clinician shortages persist and deepen, modernizing the onboarding and enrollment processes, as well as empowering existing resources by optimizing and managing clinical workforce data and analytics is vital,” shared Bechtel. “I’m thrilled to be joining Charlie and the stellar team at Axuall to solve such critical challenges that plague our healthcare organizations today with a truly unique approach.”

After beginning his career in hospital administration, Bechtel transitioned into the healthcare technology sector and has held leadership positions in sales, strategy, account management, and client services for more than 20 years with companies including Emmi Solutions, Explorys (IBM), and Oneview Healthcare. Most recently, he served as Vice President of Healthcare and Insurance at Prove – an industry leading digital identity authentication network – where he managed a team of enterprise sales directors and led the go-to-market strategy efforts for both the Healthcare and Insurance industry verticals. This included industry product alignment, market messaging, segmentation and sales and channel partner strategy.

“It’s great to be working with Mike again as we scale our national commercial footprint,” stated Charlie Lougheed, Chief Executive Officer and co-founder of Axuall. “We’re excited to put Mike’s experience and track recording to work in helping to solve one of the biggest challenges in enterprise healthcare – workforce optimization.”

About Axuall

Built with leading healthcare systems, Axuall is a workforce intelligence company powered by a national real-time practitioner data network. The technology enables healthcare systems, staffing firms, telehealth, and health plans to dramatically reduce onboarding and enrollment time while also providing unique, powerful data insights for network planning, analytics and reporting. To learn more, visit www.axuall.com.

Contact Information:

Laura Hamilton
laura.hamilton@axuall.com

Addressing workforce challenges is difficult work and requires us to think differently. As health systems continue to make progress on multiple strategies, workforce intelligence will supply executives with the data they need to back up creative solutions to create a sustainable workforce.

Axuall CEO Charlie Lougheed joins The Academy and a lively panel discussion to share how data powers strategic workforce planning and will shape how health systems address current and future workforce challenges.

Panelists:

Heather Brace, SVP, Chief People Officer, Intermountain Healthcare

Jon Frampton, SVP Total Rewards & Operations, Baylor Scott & White Health

Charlie Lougheed, CEO, Axuall

Moderator: Chelsea Redman, Associate Director, Research & Advisory, The Health Management Academy

Date: October 12, 2022

View Recording Now

While companies are powering most of their HR functions through technology, many are yet to implement workforce intelligence solutions to manage human capital. Charlie Lougheed, CEO & co-founder, Axuall, explains three reasons companies leveraging this technology will reap the benefits.

Nearly every function across human resources today is being powered by technology, whether recruitment, payroll, performance management, or employee engagement, just to name a few. Despite these advancements helping to optimize each individual task, most companies have yet to adopt one of the most meaningful solutions that enable leaders to better manage their most important asset, human capital, in a broader way: workforce intelligence.

Click here to read more.