Healthcare Asset Network, Inc.

Healthcare Asset Network, Inc. provides innovative solutions for managing healthcare capital assets through its CCM® platform, enhancing efficiency and accuracy in capital budgeting and procurement processes. Founded in 2013 in Prospect, US, Healthcare Asset Network, Inc. focuses on capital management for healthcare organizations.

The company raised USD 3. 00 mn in venture funding in December 2016 from Kentucky Science and Technology Corporation and Tamarind Hill. The firm only has one recorded deal to date. Healthcare Asset Network, Inc.

offers the CCM® (Capital Cycle Management) platform, an integrated operating system designed to streamline the management of clinical, infrastructure, and IT capital equipment. This platform addresses issues like inaccurate data and inefficiencies in capital budgeting, providing a federated dataset for effective asset management and informed decision-making. It serves a diverse client base including hospitals and healthcare systems across North America, featuring AI-driven budget intelligence and comprehensive capital needs visibility for various stakeholders. Revenue is generated primarily through subscription-based models for the CCM® platform, supported by strategic partnerships like the recent collaboration with Vizient.

Clients engage with the service on multi-year contracts, allowing access to advanced capital management tools aimed at cost savings and improved efficiency, with tailored pricing structures to meet the diverse needs of healthcare facilities. Following the recent funding round in December 2016, Healthcare Asset Network, Inc. plans to enhance its CCM® platform and expand into new markets by targeting healthcare systems in the southeastern US by 2024. The USD 3.

00 mn raised will support the development of new features for the platform and facilitate market entry strategies.