Russ Richmond

CEO and Co-founder, Laudio
Newton Centre, Massachusetts,United States
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Who Is Russ Richmond?

Total Experience51 years
CompanyLaudio
CountryUnited States

Russ Richmond, MD, MBA, is a seasoned entrepreneur and leader at the intersection of healthcare and technology. As the Co-Founder and CEO of Laudio, he is dedicated to empowering frontline healthcare leaders with an AI-first platform designed to reduce administrative burden, combat burnout, and improve staff retention. With a unique background as both a physician and a business strategist, his career has been focused on driving innovation within health systems. Prior to Laudio, Russ was the founding CEO of AVIA, the leading innovator network for health systems, and held leadership roles at ObjectiveHealth, Clay Christensen's Innosight, and Deloitte Consulting.

Russ Richmond LinkedIn pageCompany Website

How Did Russ Richmond's Career Path Shape Their Journey?

Russ Richmond's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

Laudio - CEO and Co-founder(2018 to Present)
Mass General Brigham - Member Innovation Growth Board(2013 to Present)
BioDigital - Member Board Of Directors(2017 to Present)
Validic - Independent Board Director(2016 to 2023)
Advanced Practice Strategies (APS) - CEO and Board Director(2013 to 2017)
Explorys, an IBM Company - Independent Board Director(2013 to 2015)
McKinsey & Company - CEO, Objective Health(2010 to 2013)
Verisk Health - Executive Vice President(2006 to 2009)
University of Michigan Health System - Resident physician(1999 to 2000)

What Are Russ Richmond's Key Achievements?

Co-Founder & CEO of Laudio

Co-founded and leads Laudio, an AI-powered platform that supports and develops frontline healthcare leaders. The platform automates administrative tasks and provides managers with actionable insights to engage their teams, aiming to reduce burnout and improve patient care.

Founding CEO of AVIA

Served as the first CEO of AVIA, building it into a premier partner for health systems seeking to identify and implement the best digital health solutions. He established the company's innovator network to accelerate the adoption of technology in healthcare.

Leadership in Healthcare Transformation

Leveraging his dual MD/MBA background, Russ has consistently driven initiatives to improve healthcare delivery. His work as a partner at Innosight and a principal at Deloitte focused on developing and executing growth and innovation strategies for major health organizations.

What's Russ Richmond's Educational Background?

MD

University of Cincinnati College of Medicine - Year 1995

B.S., Biology

University of Michigan - Year 1992

Buying Intent Signals for Russ Richmond

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Notable news
Hiring actively
Corporate Finance
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Corporate Finance

Company Overview

Laudio
Total employees65
HeadquartersBoston
Founded2017

Laudio is a management platform designed for healthcare leaders to connect with, develop, and retain their frontline workforce. By leveraging AI and automation, it helps managers automate repetitive tasks, provides real-time insights into team engagement, and facilitates personalized interactions to reduce burnout and improve staff retention. The ultimate goal is to empower managers to build a more satisfied and effective clinical team, leading to better patient outcomes.

Company Website
Laudio Funding Information
Unknown - Total Funding Raised
$13M - Most recent funding amount
3 - Number of funding rounds
26 Apr, 2023 - Latest funding round
Lead Investors:
Define Ventures
.406 Ventures
InHealth Ventures
MemorialCare Innovation Fund
UPMC Enterprises

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