Vicarious Surgical Announces Center of Excellence Agreements with HCA Healthcare and UH Ventures to Advance System Design

Partnerships mark key step towards finalizing vicarious system, regulatory submission and commercialization goals

July 7, 2022

Waltham, Mass.–(BUSINESS WIRE)– Vicarious Surgical Inc. (“Vicarious Surgical” or the “Company”), a next-generation robotics company seeking to improve the cost, efficiency and outcomes of surgical procedures, today announced the signing of a center Collaborative Excellence (“COE”) agreements with HCA Healthcare, one of the nation’s leading healthcare service providers comprising 182 hospitals, and University Hospitals Ventures, the innovation and commercialization arm of University Hospitals (UH), a comprehensive healthcare with over 20 hospitals, over 50 health centers, and over 200 physician offices in Northern Ohio. Under the agreements, HCA Healthcare and UH Ventures will each provide user input through their system physicians as the company advances the design of its Vicarious surgical robot. Through these distinct collaborations, Vicarious Surgical will gain unique exposure to the detailed surgical workflows of each of these partners and integrate direct feedback from surgeons and administrators across its entire product ecosystem to meet the needs of major US hospital systems. Additionally, clinical and human-centered design experts from HCA Healthcare and UH will help Vicarious Surgical further improve product design, helping to ensure readiness for streamlined adoption after FDA approval.

“Establishing our Center of Excellence model with two leading U.S. healthcare systems provides significant validation of the hospital potential of our system and creates an incredible opportunity to incorporate the experiences and feedback of real-world surgeons as that we are working on finalizing our system,” said Adam Sachs, CEO and co-founder of Vicarious Surgical. “These partnerships establish two powerful innovation channels through which our team gains unprecedented access to understanding and solving the complexities of surgical workflow and hospital integration while developing business expertise. Meanwhile, our clinical partners – HCA Healthcare and academic hospitals – are becoming the first healthcare systems to access our minimally invasive surgical robot and directly influence its advancement. We couldn’t be more excited to partner with two of the best institutions in the country as we move forward on our journey to improve surgery for patients, surgeons, hospitals and payers.

“Our surgical and innovation teams are at the forefront of new care technologies designed to benefit patients,” said Dr. Joseph Sabik, chair of the Department of Surgery at University Hospitals. “Collaborating with Vicarious Surgical on their Center of Excellence model for training and next-generation surgical robotics provides our team with an exciting front-row seat in the quest to improve the landscape of minimally invasive surgery that improves patient outcomes. patient care and clinical outcomes.”

“University Hospitals’ goal is to be Northeast Ohio’s most trusted healthcare partner,” said Kendra Gardiner, director of product strategy for UH Ventures. “As part of this strategy, UH is dedicated to accelerating the discovery, innovation and translation of scientific breakthroughs that address unmet clinical and social needs to improve the lives of our patients, our communities and the world. We also aim to be the partner of choice by creating and sharing value together. This new relationship with Vicarious Surgical is an example of how we are moving towards this goal.

About Vicarious Surgical

Founded in 2014, Vicarious Surgical is a next-generation robotics company developing disruptive technology with the goal of increasing the efficiency of surgical procedures, improving patient outcomes and reducing healthcare costs. . The company’s new surgical approach uses proprietary human-like surgical robots to transport surgeons inside the patient to perform minimally invasive surgery. The company is led by an experienced team of technologists, medical device professionals and physicians, and is backed by tech luminaries such as Bill Gates, Vinod Khosla’s Khosla Ventures, Innovation Endeavors, Jerry Yang’s AME Cloud Ventures, Sun Hung Kai & Co. Ltd and Philip Le E15 VC from Liang. The company is headquartered in Waltham, Massachusetts. Learn more about www.vicarioussurgical.com.

About HCA Healthcare

Based in Nashville, HCA Healthcare is one of the nation’s leading healthcare service providers, comprising 182 hospitals and approximately 2,300 ambulatory care sites, including surgical centers, free-standing emergency rooms, urgent care centers and medical clinics, in 20 states and the UK. Health Insight Capital, a subsidiary of HCA Healthcare, invests in start-up companies that are selected to provide innovative solutions for use in healthcare system operations and is an investor in Vicarious Surgical. Please Click here to connect with HCA Healthcare on social media.

About UH Ventures

UH Ventures is the innovation and commercialization arm of University Hospitals (UH), a comprehensive healthcare system with annual revenues exceeding $5.0 billion, more than 20 hospitals, more than 50 health centers and facilities outpatient care and more than 200 medical practices located in 16 counties. UH’s goal is to be Northeast Ohio’s most trusted healthcare partner and UH Ventures pursues this goal by shaping new products, services, experiences and businesses that improve the lives of patients. and caregivers. To advance UH’s mission, UH Ventures strives to support a diverse portfolio of value-added healthcare opportunities, enhance distinct and unique system capabilities, and foster a culture of discovery, innovation, and entrepreneurship within UH ​​and the wider community. . For caregivers, UH Ventures provides the tools and resources to nurture, validate, and advance insights sparked by everyday information. For potential partners, UH Ventures seeks to be a vibrant living lab where clinical and product knowledge can help accelerate emerging technologies by tackling the most pressing issues in healthcare. For more information, visit https://ventures.uhhospitals.org. Follow UH Ventures on LinkedIn.

contacts
Media Contact

Jill Gross for Matter Health
[email protected]

Contact Investor
Marissa Bych
Gilmartin Group
[email protected]

Christine E. Phillips