Revolutionizing Cancer Care Efficiency and Patient Experience
December 17, 2024
As cancer rates rise globally, healthcare providers are facing resource issues and financial constraints that can affect the quality of care. Gray Oncology Solutions supports cancer centre operations by optimizing the flow of cancer patient treatment, reduces the manual work of staff and improves the patient experience. Using operations research and AI algorithms, the software determines precisely where an appointment should fit into the busy schedule along with how long the appointment should be.
One of the largest hospitals in Québec (CHUM), allowed Gray to develop the first iteration of their product and since then landed multiple grants & were awarded the “Best Startup” at CHUM’s INNOVE-ACTION conference. “Our relationship with CHUM has been very strong and instrumental in our growth,” says Diamant. “CHUM stands out in Montreal in the way they collaborate with innovative startups. We landed on a contractual agreement that works for both sides and we’ve been so fortunate in having access to their data and daily meaningful and actionable feedback from hospital staff.”
Serge Beauchemin, Managing Partner at AQC Capital, a venture capital investment firm that exclusively co-invests in start-up companies with angel investors from Le réseau Anges Québec adds, “Our investment partners were really impressed by the talent found in Gray’s management team and its ability to deliver and stick to its plan. The significant traction that the company was able to generate from experts, renowned angel investors and institutions, including the Center Hospitalier de l’Université de Montréal (CHUM), the largest university hospital in Quebec, also weighed in on the investment decision.”