SAN FRANCISCO--(BUSINESS WIRE)--SAYJ Global Partners, providing strategic guidance for companies scaling globally, announced that ORLink, a Kentucky-based surgical workflow platform for operating room professionals, attracted $1 million in expansion funding from investors for a unique, smart system managing the entire surgical context for surgeons.
“ORLink saves hospitals time and money, while improving communication and workflows for surgical teams,” said Rick Baker, serial entrepreneur and ORLink’s CTO. “Our team changed static preference cards in operating rooms into an AI enhanced mobile cloud-based software service.” According to CEO, Jason Harris, M.D., “the platform helps control facility costs, increases staff efficiency, and improves patient outcomes.” Harris said the Journal of Neurosurgery details an estimated $1000 of waste per case in a single service line, annualized to nearly $3 million of lost revenue yearly. “Today,” Harris said, “with an average of 7 operating rooms per hospital and multiple procedures in each OR per day, savings using our licensed platform add up quickly. We are re-capturing lost revenue and the vital communication originally intended with surgical preference cards.”
ORLink, formed in 2016, was developed by surgeons and OR professionals. The technology incorporates a variety of AI/sensor-based applications to track each piece of equipment entering and exiting surgical theaters. With ORLink, existing surgical instructions on file for doctors with hospital privileges are put into the cloud and tracked. Besides cost savings, there is less danger to patients, and reduced liability for insurers.
“It has been a great experience to watch ORLink gain acceptance in medical markets,” said Judith Iglehart, partner at SAYJ Global Partners. “Our firm is excited to be working with ORLink in gaining access to strategic partnerships for the licensing of the platform to hospitals in North America and offshore."
“The concept behind ORLink started when Dr. Wayne Colin, realized how impractical and difficult it was to move his preference cards from one hospital to another when performing surgery,” said Asli Gozoren, SAYJ partner. “Once medical doctors showed the same concerns and started joining Dr. Colin as he redefined the process, it began to be a compelling story for angel investors. By creating less waste during surgical procedures, ORLink will have a profound social impact on medicine.”