Innovation on the Fast Track
We use AI to drive breakthroughs
SwitchPoint Ventures is an AI venture studio led by world-class data scientists and entrepreneurs. We partner with business leaders across industries to drive rapid and effective technological innovation.
“AI isn’t the future; it’s right now. Businesses that want to achieve their highest potential need to have a plan and a skilled partner by their side.”
Ray Guzman, CEO, SwitchPoint Ventures
Collaboration sparks our breakthroughs. You’re an expert in your industry; we’re experts in AI and data science. Together, we identify and develop AI-powered solutions that sharpen your competitive edge and create profitable commercial products.
We work with companies of all sizes.
Our partners are constantly seeking ways to propel their businesses. They reject the status quo and have no time for zombie projects or dead ends. SwitchPoint’s venture studio program is designed to innovate your company with speed and efficiency while forging a brand-new revenue stream. We work closely with you to identify specific, high-value goals that can transform your business, then we handcraft an AI-powered solution and iterate until we hit the bullseye. Upon validation, we rapidly commercialize the solution in a joint venture that continues to meet your needs and sets its sights on reshaping your industry.
Early Stage Companies
If you’re an entrepreneur who’s hungry to change the world by leveraging the vast potential of technology, you’re just like us. We’re steadily on the lookout for game-changing business models that our AI superpowers can help to initiate or scale. Just as we do with more established companies, we align our interests with yours; in the case of startups, we achieve this through a mixture of cash and equity. With a fixed focus on setting you apart in the marketplace, we create unique, high-value solutions, cede intellectual property to your company, and stand by you as you leave incumbents in the dust.
We have a solid track record of unlocking pivotal opportunities for visionary corporate partners of all sizes. Check out some of our work.
Our team’s decade-long experience working together is its core strength. Together, we’ve built hundreds of AI solutions across industries and successfully managed and exited our legacy AI-powered healthcare company. With a brain trust that includes award-winning data scientists and leaders in strategy and operations, SwitchPoint knows how to rapidly innovate and deliver bottom-line impact.
Nashville Business Journal: Ardent launches innovation studio – ‘The health care world is changing, we have to change too’
We recently spoke with Ardent CEO Marty Bonick and SwitchPoint CEO Ray Guzman to learn how they plan to identify solvable problems and how they’ll test them inside Ardent hospitals.
Nashville Business Journal: “Ardent Health Services partners with SwitchPoint Ventures to launch innovation studio”
Ardent Health Services is bringing innovation in-house. The hospital operator has partnered with fellow Nashville-based SwitchPoint Ventures to launch an innovation studio focused on using data to create products that improve healthcare delivery and administration, according to a news release.
Nashville Post: “Area health care orgs get creative to recruit staff”
Using Winnow, a Nashville-based artificial intelligence company, hospitals do not wait for applicants. Instead – using National Provider Identifiers and data on job changes – the AI predicts who is most likely to leave their job, even though they are not actively looking for a new one.
Today in healthcare, predicting staffing to meet patient demand is extremely complex and relies on human analysis alone. Producing schedules that work for providers is notoriously difficult and time-consuming. Inefficient staffing models lead to excessive labor costs across the spectrum of care. More importantly, suboptimal scheduling negatively impacts providers’ satisfaction and contributes to burnout. In collaboration with anesthesiology provider PhyMed Healthcare, SwitchPoint developed a groundbreaking, all-in-one, AI-driven platform for the efficient prediction and management of clinician scheduling. Polaris allows organizations to balance financial and clinical objectives and also delivers work/life balance to clinicians.
Learn more: www.polarishealth.ai
Where should your business grow? Where and how do you capitalize on new opportunities? As a business leader today, you have to address high-stakes questions like these at a faster pace than ever before. Scout Insight helps you harness the power of data and AI through a platform that is customizable to your business, so that you can make decisions with confidence. Scout Insight is a joint venture between SwitchPoint and Montecito Medical, named a key influencer in healthcare real estate for three consecutive years and one of the largest privately-held acquirers of medical real estate in the U.S.
Healthcare Startup Award Winner, 2022 Nashville Entrepreneur Center NEXT Awards
Learn more: www.winnowhealth.ai
Through Oriel, SwitchPoint is developing a proprietary, AI-based methodology defining drivers of engagement, satisfaction and transactional measures that produce higher performance among health insurance members in the Medicare Advantage market. SwitchPoint is also developing a member health insurance tech-enabled application that leverages Oriel’s analytics to identify the specific drivers of engagement for members of a given Medicare Advantage health plan.
Learn more: www.oriel.ai
SwitchPoint has engaged with CaringWays, an innovative healthcare technology company that helps patients pay medical bills with greater ease, confidence, and security via an accountable, HIPAA-compliant crowdfunding platform. SwitchPoint is assisting CaringWays with the development of software tools and interfaces that certify patient medical needs and associated fund flows between donors and healthcare providers.
Learn more: www.caringways.com
SwitchPoint is supporting Fresh Technology, a provider of digital tools to the restaurant industry. The focus of the collaboration has been on developing highly accurate predictions of order prep times, which enhance efficiencies in commercial kitchens and facilitate the presentation of orders across mult iple distribution channels.
Learn more: www.fresh.technology
Nolan is founding COO of SwitchPoint Ventures and is responsible for defining AI solutions, overseeing their development, and ensuring their successful implementation. Prior to SwitchPoint, Nolan was Vice President of Operations at Intermedix/R1 where he was responsible for operationalizing analytics products. Before joining Intermedix, Nolan was COO of WPC Healthcare, where he was responsible for machine learning solution implementations. Nolan has 25 years of experience in technology implementation and operations, as well as project management experience with companies like McKesson, Virgin Mobile, Hilton Hotels, and Asurion. Nolan holds an undergraduate degree from the University of Virginia and an MBA from the University of Memphis. Nolan also received a certification in Systems Analysis and Design from the University of California at Berkeley.
Damian is founding Chief Data Scientist of SwitchPoint Ventures and is responsible for architecting database designs, conceiving and developing AI solutions, and ensuring those solutions satisfy practicable business objectives. Prior to SwitchPoint, Damian was Chief Data Scientist at Intermedix/R1, where he led the data science team and oversaw the company’s machine learning strategy. Before joining Intermedix, Damian was Chief Data Scientist of WPC Healthcare, where he developed machine learning solutions. Damian has 20 years of experience in finance, healthcare, and technology, working across a diverse set of industries with Morgan Stanley, HCA, and Aetna. Damian is an adjunct professor at Lipscomb University, where he teaches data science. A former NTC Data Scientist of the Year, Damian is ranked in the top one percent of data scientists internationally (Kaggle). Damian is a frequent author and speaker on artificial intelligence.
Caleb is the Senior Vice President of Innovation and is responsible for the alignment of SwitchPoint’s solutions to health system partners and portfolio companies. Prior to SwitchPoint, Caleb has served in a variety of leadership roles for Sema4, Ascension, Tenet Healthcare, and others. His over 20 years of healthcare experience includes building venture studios, operations and analytic teams, managing product strategy and development, and operationalizing multiple technologies within the healthcare landscape. Caleb was named a Nashville Business Journal “40 Under 40” winner, serves on the board of directors of TN HIMSS, and is an advisor to multiple early-stage companies. He earned his degree in Recording Industry Management from Middle Tennessee State University and MBA from Union University.