Ascend Studying has continued its acquisition spree with the acquisition of Boston-based Laudio. The corporate stated the purpose is to create a complete workforce administration providing in healthcare—spanning from scholar coaching to superior profession skilled growth.
Burlington, Mass.-based Ascend focuses on high-growth careers in a variety of industries, with a particular give attention to healthcare and different licensure-driven occupations. Since its founding in 2017, Laudio says it has grown quickly to serve hundreds of leaders managing greater than 300,000 frontline workers. Aggregating knowledge from a number of techniques, it supplies fast entry to worker insights and proactively surfaces tendencies and indicators (e.g., burnout threat) to leaders. Amongst its prospects are UC Well being in Cincinnati.
This acquisition builds on Ascend’s current additions of myTIPreport, a platform that modernizes medical training suggestions and competency monitoring, and Clover Studying, a web-based diagnostic imaging training firm.
“Distinctive healthcare groups want each efficient management and expert professionals,” stated Lissy Hu, M.D., CEO of Ascend Studying, in an announcement. “By uniting Laudio’s experience in amplifying leaders with Ascend’s know-how within the training and laddering of healthcare employees, collectively we will ship a strong and complete workforce answer.”
Hu spoke to Healthcare Innovation in December 2024, quickly after she took the place of CEO at Ascend. The corporate she initially based, CarePort, was offered to WellSky for $1.3 billion in in 2021. After spending three years post-acquisition at WellSky, she now leads Ascend following the retirement of former CEO Greg Sebasky.
On the time, Hu spoke about a number of the issues she was trying ahead to engaged on in her new place at Ascend. “A number of the conversations we’re having proper now are round how we will higher allow our suppliers by means of know-how, however I do not suppose there’s sufficient dialog round how we leverage know-how to develop the suppliers themselves,” she stated. “There’s enabling know-how, proper? As an alternative of them having to doc all the things, they will have an AI scribe. However that doesn’t basically assist you determine the best way to allow these suppliers to follow on the high of their license and follow in a method that is tuned to the supply mannequin or affected person inhabitants.
“Proper now, lots of people simply take into consideration onboarding as watching a bunch of various movies after which, growth, you are finished. Then all of the coaching after that’s finished advert hoc. I feel we wish to be extra intentional about what sort of know-how we’re constructing to assist our workforce advance and follow in a method that is tuned to those environments that they are in, and that’s truly an effective way to additionally drive higher affected person outcomes. It’s the know-how that is enabling the human capital facet of it, as a result of on the finish of the day, well being techniques are made up of suppliers who present care, so how can we make these suppliers higher?”
