Cohealo

What Cohealo does

Cohealo is a Boston-based healthcare technology company founded in 2012 that operates an equipment sharing and analytics platform designed to reduce capital and rental costs for hospital systems. The core product combines a cloud-based collaborative asset scheduling platform, the Cohealo Track SaaS analytics engine, and a logistics service that handles transportation of medical equipment between facilities within a health system network. The platform integrates with customer EMR/EHR systems via lightweight data exports to capture equipment utilization without RFID tagging or manual nurse entry, and includes modules for auto-reservation, conflict management, deliveries coordination, capital planning, and network performance analytics. Cohealo bundles this technology with full-service logistics, including specialty crating for delicate assets such as microscopes, lasers, and surgical robots, supported by a customer success team providing consultative planning.

The company sells to large hospital networks and health systems under multi-year enterprise contracts with negotiated per-facility or network-wide pricing, complemented by channel distribution through Premier Inc. and Vizient GPO contracts that collectively cover more than half of US healthcare organizations. Internationally, Cohealo has expanded into the UK through a partnership with NHS Supply Chain's Tower 7 procurement vehicle. Recognized named customers include Kaiser Permanente, Bon Secours Hampton Roads, Thomas Health, and multiple NHS trusts; the company also powered the White House / American Hospital Association Dynamic Ventilator Reserve during COVID-19. Documented outcomes include $8.6 million in savings at Kaiser Permanente's Southern California facilities over two years and £352,000 in savings at Croydon Health Services NHS Trust on a single equipment category.

Cohealo has raised approximately $12.55 million in disclosed venture funding across rounds from 2013 through 2016, with Romulus Capital as lead investor and additional participation from Krillion Ventures, Argonautic Ventures, Ocean Azul Partners, and Struck Capital. The company is led by CEO Todd Rothenhaus (former athenahealth Chief Medical Officer, appointed December 2018), President and co-founder Brett Reed, COO Tom Cady (appointed October 2021), CTO Joseph Terranova, and CCO Karen McGoff, with board representation from former Vizient / Novation CEO Jody Hatcher.

Name

Cohealo

Legal name

Cohealo, Inc.

Website

https://cohealo.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Cohealo provides a cloud-based equipment sharing and analytics platform that helps hospital networks reduce capital and rental costs by reallocating medical assets across facilities, integrating with EMR systems and bundling logistics services for enterprise health system clients.

Ownership category

akta.pro rank

Product category

Healthcare Equipment Sharing Platform

NAICS

Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)

SIC

Services-Computer Integrated Systems Design (7373), Services-Prepackaged Software (7372)

akta.pro primary industry

Enterprise Work Management & Collaborative Workflow Platforms (HDAEAHAI)

Keywords

• Medical equipment sharing
• Healthcare asset management
• Equipment utilization tracking
• Hospital capital planning
• Medical equipment logistics

Headquarters

HQ city

Boston

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain

Revenue model

1. Equipment Sharing Platform Subscription: SaaS platform subscription for equipment tracking and sharing, with complementary logistics and analytics services. Pricing is likely per facility or per health system, based on scale and number of locations. Implementation takes less than a week with no replacement of existing infrastructure required.
2. Logistics and Transportation Services: Cohealo handles all logistics and transportation for seamlessly sharing equipment at scale. Dedicated customer success managers arrange shared equipment transport. Specialty crating and move instructions for delicate equipment including microscopes, lasers, and surgical robots. Operates through specialty moving partners.
3. Capital Planning Advisory Services: Customer success team works directly with OR directors and finance staff on consultative planning. Uses proprietary technology and human analysis to deliver customized results for capital and operational expense reduction goals.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels6 records

Core offering

Cohealo provides a cloud-based SaaS platform that enables hospitals and health systems to share medical equipment across facilities, track utilization, and consolidate capital planning. The platform integrates with existing EMR/EHR systems to capture equipment usage data without RFID infrastructure, complements the software with managed logistics and specialty transport for delicate assets such as microscopes, lasers, and surgical robots, and includes analytics that identify underutilized equipment and collaborative purchasing opportunities.

Product overview

Cohealo is a healthcare equipment management platform offering three integrated solutions: Equipment Tracking, Equipment Sharing, and Capital Planning. The core Cohealo Track SaaS product provides equipment utilization insights by leveraging EMR/EHR data exports, enabling equipment auto-scheduling and real-time visibility into asset usage across facilities. The Equipment Sharing module handles logistics and transportation for sharing equipment between hospitals, while Capital Planning aggregates equipment requests to identify collaborative purchasing opportunities. Additional features include the Deliveries View for logistics coordination and the Network & Facility Performance Dashboard for comprehensive analytics. The platform has facilitated over 5,000 shares across more than 100 different equipment types including delicate assets like microscopes, lasers, and surgical robots.

Differentiator

Problem solved

Functional benefit

Brands

• Cohealo Track: SaaS-based solution for real-time tracking of equipment utilization, leveraging EHR data to provide actionable insights into medical equipment usage.
• Dynamic Ventilator Reserve (DVR)

Products and services

• Equipment Tracking Capital equipment utilization tracking that surfaces sharing opportunities and helps hospitals use resources efficiently. Captures insights without manual data entry and is compatible with any EMR system, with segmentation by facility, type, service line, and provider.
• Equipment Sharing Enables hospitals to collectively own equipment and share units with excess capacity between facilities. Handles all logistics and transportation for sharing equipment at scale, with specialty crating and move instructions for delicate assets.
• Capital Planning Data-driven capital planning solution that aggregates equipment requests, identifies duplicate purchases, and enables collaborative capital purchases yielding 3-5x ROI on capital budget.
• Cohealo Track SaaS-based analytics solution that pulls case information from a hospital's EHR to deliver actionable insights into medical equipment utilization; foundational analytics engine that powers Cohealo's equipment sharing technology.

Quantifiable outcome

• Kaiser Permanente saved $8.6 million over two years through equipment sharing in Southern California
• +8 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability4 records

Feature6 records

Partnerships

Six partnerships are on record, tiered core, flagship and minor.

• NHS Supply Chain (Tower 7 / DHL)coreChannel Partner/ Reseller/ Distributor · 8 February 2022NHS Supply Chain's Tower 7, operated by DHL, awarded Cohealo a contract as part of the large diagnostic capital equipment procurement. Partnership expanding from Croydon Health Services NHS Trust to include St George's University Hospitals and Kingston Hospital NHS Foundation Trusts in South West London Health and Care Partnership.
• Premier Inc.coreChannel Partner/ Reseller/ Distributor · 23 November 2020Group purchasing agreement enabling Premier's approximately 4,100 U.S. member hospitals and 200,000 other providers to access Cohealo's equipment sharing platform at contracted pricing. Aligns with Premier's mission to deliver meaningful results around cost, quality, and access in healthcare.
• VizientcoreChannel Partner/ Reseller/ Distributor · 10 November 2020Contract providing more than half of U.S. healthcare organizations (representing over $100 billion in annual purchasing volume) with access to Cohealo's equipment sharing platform at contracted pricing. Vizient's diverse membership includes academic medical centers, pediatric facilities, community hospitals, integrated health delivery networks, and non-acute providers.
• Jody Hatcher (Board Member)coreOthers · 4 May 2020Former president and CEO of Novation (merged to form Vizient) with 30+ years of experience advising health systems on supply chain transformation. Brings expertise, networks, and industry credibility as board member. Also serves on boards of PartsSource, Healthcare Supply Chain Association, Global Healthcare Exchange, and Provista.
• White House / American Hospital Association (Dynamic Ventilator Reserve)flagshipStrategic or Co-development Partner · 15 April 2020Cohealo provided the technology platform for the Dynamic Ventilator Reserve (DVR), a White House / AHA partnership to ease COVID-19 ventilator shortages by sharing ventilators between participating health systems. DVR comprised six of the ten largest U.S. health systems and more than two dozen leading healthcare networks. Cohealo mobilized more than 100 ventilators between hospitals during surges.
• HFMA (Healthcare Financial Management Association)minorGTM or Marketing PartnerHFMA partnership for webinars on equipment sharing for finance leaders. Co-hosted educational content positioning equipment sharing as a new tranche of cost savings for health system CFOs and finance executives.

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• CenTrak: CenTrak is a leading RTLS and BLE healthcare asset tracking and environmental monitoring vendor used by hospitals for equipment visibility. It competes with Cohealo in driving enterprise-wide utilization improvement, employing a sensor infrastructure approach rather than EMR-data extraction.
• STANLEY Healthcare (now Securitas Healthcare): STANLEY Healthcare is the largest dedicated RTLS (real-time location systems) vendor for healthcare, providing asset tracking and management for hospitals. It competes directly with Cohealo in identifying and tracking medical equipment across hospital facilities, though via a hardware/RFID approach rather than EMR-integration.
• Versus Technology (Midmark): Versus Technology, acquired by Midmark, offers RTLS-driven real-time location and workflow solutions for healthcare — particularly operating rooms — including equipment tracking and patient/staff flow. It overlaps with Cohealo in automating hospital equipment scheduling and reducing wasted search time.
• Sonitor Technologies: Sonitor provides ultrasound-based indoor positioning and RTLS for hospitals, including equipment tracking and workflow applications. It competes with Cohealo in providing real-time equipment location and utilization insights for healthcare facilities.

Broad incumbents

• Infor (CloudSuite Healthcare): Infor provides a healthcare ERP platform (CloudSuite Healthcare) used for supply chain, financials, and asset management at hospitals. It addresses adjacent — but overlapping — pain points around medical equipment capital planning, utilization, and supply chain that Cohealo targets.
• ServiceNow: ServiceNow is a leading enterprise workflow and IT service management platform with growing healthcare-industry penetration, including healthcare asset management and supply chain workflows. It competes broadly with Cohealo's enterprise-workflow value proposition in healthcare operations.
• GE Healthcare: GE Healthcare is a major incumbent in hospital equipment, imaging, and asset management, including command-center and operations-improvement offerings. While broadly focused on healthcare technology, it competes with Cohealo on the capital-planning and equipment-utilization optimization narrative for large health systems.
• IBM Watson Health (now Merative): IBM's former healthcare unit (now Merative) provided broad analytics and operations-improvement solutions for hospitals and health systems. As an analytics-and-workflow incumbent in healthcare, it overlaps with Cohealo's capital planning and utilization analytics value proposition at enterprise scale.

Emerging players

• Vecna Robotics: Vecna Robotics provides autonomous mobile robots for hospital logistics, including the physical movement of equipment, supplies, and medication between hospital departments. It overlaps with Cohealo on the 'moving equipment around a hospital network' workflow, although via robots rather than a logistics orchestration service.
• Hybrent: Hybrent is a healthcare procurement and supply chain management platform for medical practices and ambulatory facilities. While more procurement-focused than equipment-sharing, it addresses the broader medical-equipment and supply visibility workflow that Cohealo targets for hospitals.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/Cohealo
• Facebookfacebook.com/cohealo
• LinkedInlinkedin.com/company/cohealo-inc-

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds5 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cohealo