Cera Raises $150M at over $1 billion valuation; to enhance AI-driven care

Cera Raises $150M at over $1 billion valuation; to enhance AI-driven care

London-based digital-first home healthcare provider, Cera has raised $150 million, achieving unicorn status. The funding will enhance its AI-driven platform, which predicts health deterioration, and expand its specialized care services.

Key Takeaways:

• Unicorn Status: Cera's valuation exceeds $1 billion, reflecting its rapid growth and significant market impact.

• AI-Driven Care: The platform's predictive analytics can forecast health issues, allowing for early interventions and improved patient care.

• Systemic Savings: Cera reports daily savings of £1 million for the UK healthcare system, showcasing its potential to alleviate systemic inefficiencies.

Implications for Practical Strategies:

• AI is a present reality, now. Care organizations should explore AI solutions that can streamline operations, enhance care quality, and drive organizational value.

• Investing in technology that enhances communication reliability can improve care delivery during crises.

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Government Announces AI Action Plan Including Health Data Library

Prime Minister Sir Keir Starmer announced the AI Opportunities Action Plan, which aims to leverage AI across the public sector and includes the establishment of a National Data Library to unlock anonymised health data for AI development.

The plan, which aims to improve public services while driving productivity gains, sets out measures to modernise legacy systems, streamline administrative processes, and unlock an estimated £47 billion annual economic potential over the next decade.

As the cost of borrowing increases, and growth remains stubbornly sluggish, expect to hear a lot more talk from government about efficiency savings and the transformational impact of AI, and social care will be no exception.

Key Takeaways:

• National Data Library: Aimed at fostering AI development by providing access to public health data.

• Investment in Infrastructure: Major tech firms have pledged £14 billion to develop AI infrastructure, creating thousands of jobs.

• NHS Initiatives: The NHS is already utilizing AI to predict patient care needs, enhancing operational efficiencies.

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