NurseMagic platform selected for large-scale healthcare deployment
Amesite Inc. (NASDAQ:AMST) shares soared 190% in premarket trading Tuesday after the company announced it had secured its largest enterprise customer so far, covering approximately 2,700 patients.
According to the company, the customer will implement the NurseMagic AI documentation platform across its workforce to improve workflow efficiency and integrate with existing electronic medical record (EMR) and electronic visit verification (EVV) systems.
Amesite said the deployment is expected to significantly reduce administrative workloads that currently consume as much as 16 hours per caregiver each week.
Deal marks major expansion in enterprise footprint
The contract represents a substantial increase in scale for NurseMagic’s enterprise operations.
The company stated that the platform will support multiple user roles, layered permissions, EMR and EVV integrations, and customized documentation features across thousands of patients.
Dr. Ann Marie Sastry, Founder and CEO of Amesite, said, “This 2,700-census deployment validates the strength of our architecture. We are supporting multiple roles, layered permissions, EMR and EVV integration, and custom documentation across thousands of patients — without the heavy consulting, technology fees, and custom development that typically drive up pricing from legacy providers. Because NurseMagic™ is AI-first, automated, and configurable, we launch new customers quickly, without weeks or months of onboarding.”
Company highlights operational discipline and growing demand
Sarah Berman, Principal Finance and Accounting Officer, said the company completed the deployment while continuing to manage expenses carefully.
She added that Amesite has reduced operating spending by approximately 18% over the past six quarters while continuing to expand its base of paying customers.
Madison Bush, Director of Corporate Operations, said the company’s marketing and sales initiatives are currently generating roughly 4,200 website visits per day.
The company also disclosed that it is in active discussions with additional organizations representing several thousand more patients in combined census volume, with more than 70% of those prospective customers having independently scheduled demonstrations through the company’s website.