Startup works with Tampa General to streamline data

From the time a patient is admitted into a hospital to the time they’re done undergoing surgery, a startup wants to document their journey, including their past history, and use analytics to help prevent any risks that could compromise their health. 

Milagro AI, a startup that was part of the Florida-Israel Business Accelerator in 2020, has implemented its technology in several hospital systems, most recently at Tampa General Hospital, due to the connection at FIBA. 

The startup, founded in 2015 by Amit May-Dan and Greg Hobbs, addresses the ongoing problems of Hospital Acquired Infections (HAIs) and readmissions, which can have a negative health outcome for patients and increase the cost of care for hospitals.

Milagro AI automates real-time surveillance for infections in hospitals to streamline data, and uses predictive algorithms within existing workflows for problems to provide early detection of infections and readmission risks.

It also provides automated data abstraction for required quality reporting and CPT coding for complex surgical procedures. 

“I started my career in analytics and when you are comparing health care to other domains, it’s a mess, it’s chaotic,” said May-Dan, co-founder and CEO. “You can find one physician saying one thing about a patient and another saying something different. When we are trying to do analytics, converting patient data to fully leverage care and improve efficiency, it’s a very hard task.” 

Milagro AI is currently used in Israeli hospitals and is in the pilot phase of seven U.S HCA Healthcare -owned hospitals. The pilot program is scheduled to end on Aug. 31, 2023.

“We aren’t a data analytics platform, we are replacing costly manual processes with a real-time automated process that can reduce costs and improve care with usable data,” May-Dan explained, stating TGH is currently working to implement Milagro’s technology – and it differs from TGH’s GE Healthcare Command Center, which utilizes technology to monitor patients within the hospital’s walls. 

The group executed an agreement with TGH on April 1. 

“Milagro is collecting information while the patient is still in the hospital so you can see infection outbreaks,” he added. 

“When it comes to hospitals in Israel, they follow the same CDC guidelines as the U.S.,” explained Jay Jarrell, president and chief revenue officer, who is based in Tampa. “Going forward, where U.S. HQ is in Austin and working in Florida, we are talking with other health systems across the country.”

Milagro AI’s executives. Company website image.”Our platform reads the entire EMR and all lab results, vital signs and what’s unusual is it reads textual notes – what the doctors and nurses put into the system [replacing the manual process],” he said. “We have that information that can flow into a report so the hospital doesn’t have to go through the manual costs of reporting to the government.” 

Milagro AI will likely open an office in Tampa. 

Additionally, it also organizes and removes the manual process for revenue cycle management. 

To date, the company has raised roughly $10 million, which includes a grant for innovation in Israel. It is currently raising an additional $2 million, which would be dedicated to expanding in the U.S. 

The last round was led by two venture capital firms, one based in Philadelphia and another in Israel, that focus on health care. 

Milagro AI has operations in Austin, Texas with several team members in Tampa. In total, the company has 25 employees. 

May-Dan said Florida wasn’t initially on its radar until it was accepted into the FIBA program.