savvy former consultant with
experience as a healthcare ven-
ture capitalist. Along with an MBA
student, the team then raised over
$300,000 in grants from the Uni-
versity of Chicago and the National
Science Foundation to build early
prototypes of the app and to test
it in live operating rooms. In 2016,
Fried left her job as a venture capi-
talist and raised $1 million in private
funding to lead business efforts full-
time, grow the team, and take the
product to market. Langerman and
Fried have since implemented the
software in four academic hospitals
and one community hospital across
multiple surgical specialties.
Langerman says one of the
ExplOrer Surgical’s main selling
points is that their app can help
save money by reducing waste.
Inefficiencies can be costly, espe-
cially in the OR, which Langerman
says is one of the most expensive
parts of the hospital.
“We can help prevent the opening
of unused items,” Langerman says.
“All told there’s about $1.5 trillion lost
in wasted supplies in the U.S., includ-
ing OR waste. One study found that
the average costs of unused supplies
was about $653 per procedure. It
adds up to about $2.9 million a year
in one surgical department.”
In one study conducted by
ExplORer Surgical, the company
found that the app reduced waste
in the OR by 95 percent.
OR staff uses the ExplORer Surgical app.
We'll allow surgeons to
be more focused on the
patient ... and enjoy the