News

OptioSurgical warmly welcomes Andrei Khurshudov, PhD to our Advisory Board!

The OptioSurgical team warmly welcomes Andrei Khurshudov, PhD to our Advisory Board! Andrei brings years of Big Data Analytics, Machine Learning and in-memory computing experience to our team.

In addition to leading R&D teams at IBM, Hitachi Global Storage and Samsung, Andrei served as Chief Technologist at Seagate and Chief Data Officer at Alchemy IoT and Formulus Black...

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Three Big Tech Deals To Have On Your Radar: Term Sheet

A few big deals to put on your radar today:

A FOOD DELIVERY MERGER: The food delivery wars are heating up yet again. JustEat and TakeAway, which are two of Europe’s most prominent food delivery businesses, could be ready to merge in a £9 billion (about $11 billion) deal. A joint company could help the companies stand out in a crowded food delivery market, helping it better take on giants like GrubHub and UberEats...

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ASC software analytics company receives $3M in funding to expand into cardiac, spine specialties

OptioSurgical has received $3.3 million to expand its services into specialties including spine and cardiology.

OptioSurgical develops software that tracks devices used in ASCs and hospitals, helping facilities cut medical device costs by up to 40 percent...

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OptioSurgical Raises $3.3M to Help Hospitals Avoid Unnecessary Surgical Expenses

OptioSurgical, a company helping hospitals save on surgical expenses, just infused $3.3 million in funding to fuel its growth.

The Denver-based company announced the round on Thursday. The funding will be used to grow its medical supply chain platform and expand it to support other specialties like spine and cardiovascular surgery...

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OptioSurgical Raises $3.3 Million To Expand Product Portfolio and Fuel Continued Growth

OptioSurgical, Inc., an analytics software company that helps hospitals and surgery centers reduce medical device costs is pleased to announce the close of a $3.3 million funding round led by Next Frontier Capital. The company plans to allocate this capital towards continued growth of the OptioSurgical platform and expand into other specialties such as spine and cardiovascular. "The current healthcare reimbursement landscape...

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Four crucial things you must do to stay on good terms with your investors

If you've successfully landed investors for your business, you know that keeping them happy is a key part of your job. Yet sometimes that's easier said than done. Everything from personality conflicts to deep-seated differences of opinion about how to fix problems can sour your relationships. Good communications practices and demonstrating respect for your backers' opinions can help maintain the peace, even when you disagree or your...

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Startup targets implant costs to help surgery centers avoid overspending — 6 insights

The prices of orthopedic implants can cause drastic variation in the cost of routine surgeries, and startup OptioSurgical aims to address that, Denver Business Journal reports. Here's what you should know:

1. Ryan Mughal launched OptioSurgical in 2017 to make it easier for providers to know the price of products amid increasing pressure to lower costs. Without this transparency, he said...

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Denver startup wants to bring transparency to cost of implants for orthopedic surgery

The average cost of a knee replacement in Colorado is a little more than $30,000, but depending on which hospital you go to, the final price can change drastically.

There are multiple reasons why the same procedure costs nearly $60,000 at North Colorado Medical Center in Greeley and less than $20,000 at Exempla Good Samaritan in Lafayette, according to...

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Pivot points: A look at the ‘firsts’ that shaped healthtech startup OptioSurgical
In 2017, Ryan Mughal ditched his cushy job at a major medical device company to launch healthtech startup OptioSurgical. As co-founder and CEO, he’s seen the company through many firsts — from its first “office” in a library to its first investor pitch. We asked Mughal to share some of those pivotal moments, and how they’ve made the company what it is today. Our first office was a local Colorado library. There was a nice quiet room where we...
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