2024

Transparent AI Platform for Operations Health

Entrant Company

CalmWave

Category

Innovation in Technology - Best Digital Health Technology Innovation

Client's Name

Country / Region

United States

If you’ve ever entered an ICU, you’ve experienced the cacophony of alarm noise coming from the bedside monitors. The vast majority, 80-99%, of those alarms require no clinical intervention, making for a horrendous status quo. With long work shifts, short staffing, and post-COVID pressure on an already-stressed healthcare system, nurses are experiencing alarm fatigue, burnout, and overall workplace exhaustion. Excessive noise in ICUs also contributes to lack of sleep, hindering patient recovery and increasing risks such as ICU delirium. Add to that the phenomena of phantom alarms that plague nurses at home and you can understand why nursing as a profession is in dire straits.
Rooted in decades of Enterprise IT expertise, CalmWave is the world’s first Transparent AI-powered platform for healthcare. CalmWave reduces non-actionable alarms by as much as 83 percent compared to the same number of manual alarm limit adjustments. CalmWave’s Operations Health Platform™ improves both nurse retention and patient outcomes by objectively reducing alarm fatigue in intensive care units through our use of Transparent AI. CalmWave ingests hospital high-frequency data from diverse sources, including electronic medical record systems, on-network medical devices, and patient vital signs middleware, and distills that data into actionable information. CalmWave empowers clinicians with the information they need whenever they need it, supporting mission-critical decision-making in the ICU and improving patient outcomes.
The use of Transparent AI, rather than generative AI, helps build trust, avoid feature drift and biases, and ensure compliance with regulations and auditing of results. It provides explainability that empowers clinicians with the option to examine each recommendation prior to implementation (Human in the Loop). Observing the rationale behind each AI-generated step enhances the healthcare system's safety, accuracy, and accountability.
Our mission is to improve the lives of patients and providers, starting with eliminating non-actionable alarms.
CalmWave is the fastest company to go from inception to funding at AI2, a startup incubator at the Allen Institute for AI. Headquartered in Seattle, CalmWave is supported by Bonfire Ventures with participation from Tau Ventures, AI2 Incubator, Seachange Ventures, Hike Ventures, and all three co-founders of PagerDuty.

Credits

 
2024
CRED

Entrant Company

Zhiwen Qian, Wenbo Guo, Yingyi Shu, Hanyang Yan, Fenghua Shao, Tianmeng Liu, Yao Li, Jingyi Zhu, Qian Qiu, Yiwei Wang, Renping Wang

Category

Innovation in Design - User Experience Design

Country / Region

China

 
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Entrant Company

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Category

Innovation in Design - Lanscape and Garden Design

Country / Region

China

 
2024
FPRONE

Entrant Company

Chargeback Gurus

Category

Innovation in Technology - Financial Technology (FinTech)

Country / Region

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2024
Automotive Monitoring Camera and MULTI - PORT CHARGER

Entrant Company

Muthu Dayalan

Category

Innovation in Technology - Technology / Other:____

Country / Region

United States