Capital to Enhance Solutions for a Flexible, Future-ready Workforce
DALLAS – October 16, 2024 — Prolucent ®, a leading provider of enterprise-wide healthcare workforce optimization software and services, today announced a strategic investment by Northwell Holdings, the for-profit investment arm of Northwell Health, New York State’s largest healthcare provider and private employer. This extended Series A funding, following Northwell Health’s initial success in leveraging Prolucent’s platform, will accelerate the development and expansion of Prolucent’s AI-driven workforce management solutions to healthcare organizations nationwide.
“We see significant market potential for Prolucent’s vendor-neutral workforce management solutions, which streamline labor management across permanent, part-time, per diem, and travel staff on one platform,” said Kate O’Donnell, Managing Director of Northwell Holdings. “Prolucent is reshaping the way healthcare systems manage their workforce, delivering the tools needed to cut labor costs, improve operational efficiency, and strengthen competitive advantage. We look forward to supporting their continued innovation.”
Since 2023, Prolucent has been Northwell Health’s valued contingent workforce technology partner, seamlessly integrating FlexStaff—Northwell’s internal staffing agency—with external contract staffing agencies, through the LiquidCompass VMS+ platform. Currently deployed across Northwell’s 21 hospitals in the greater New York metro area and beyond, Prolucent enables end-to-end management of staffing orders, fulfillment, credentialing, invoicing, and more while advanced analytics provide insights on labor utilization and cost efficiency. This data-driven approach helps the Northwell enterprise make informed staffing decisions that lead to sustainable labor cost savings.
Carolyn Doyle, CSP, VP at Northwell and CEO of Flexstaff, stated, “Prolucent’s vendor-neutral approach has been a game-changer for Northwell, ensuring we receive the most competitive rates and transparent pricing for contingent labor. Our partnership with Prolucent has also helped us realize new levels of efficiency through data and system integrations and enterprise reporting, while maintaining the high standard of care our patients expect. As Northwell continues to lead in healthcare staffing advancements, our collaboration with Prolucent will remain a key driver of our success.”
“We are excited to deepen our partnership with Northwell Health and extend our platform capabilities to help healthcare organizations address labor challenges with flexible, cost-effective solutions,” said Bruce Springer, co-founder and CEO of Prolucent. “As one of the largest health systems in the U.S., Northwell Health’s positive experience using Prolucent underscores the platform’s proven impact, positioning it as a vital technology for forward-thinking health systems looking to optimize workforce management.”
For more information about Prolucent’s workforce optimization platform, visit www.prolucent.com.
About Prolucent
Prolucent is transforming healthcare workforce optimization. Our AI-powered solutions ‒ featuring a flexible workforce management platform, talent marketplace, digital front door, and real-time workforce intelligence tools ‒ integrate to empower healthcare organizations to attract, hire, and engage their entire workforce with agility and precision. By leveraging the full power of Prolucent’s platform, organizations gain a competitive advantage that drives operational efficiency, reduces labor costs, and enhances core technologies to build a sustainable, future-ready workforce. To learn more, visit www.prolucent.com or follow us on LinkedIn.
About Northwell Holdings
Northwell Holdings (“Holdings”), a fully owned, for-profit subsidiary of Northwell Health, creates value for the health system by investing in early-stage companies, establishing commercial joint ventures, cultivating internally-developed ideas and bringing them to market, and advancing data collaborations that drive innovation in patient care, health diagnostics, and deep technology. We invest in companies that are aligned with Northwell’s mission, promote better health outcomes, improve patient experience, and increase efficiencies in care delivery and services. Through strategic collaborations, Holdings leverages the health system’s robust enterprise data assets to develop AI-enabled solutions that address healthcare inequities. We combine Northwell Health’s clinical and healthcare business expertise and entrepreneurial spirit to bring concepts to life. Northwell Health is New York’s largest healthcare system. To learn more, visit us here and follow us on LinkedIn.
Contacts:
For Prolucent
Myla Wagner
myla@mylawagnerpr.com
For Northwell Holdings
Sandy Dell
sdell@northwell.edu