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Hospital IQ

RTLS Can Enhance the Patient Experience, Staff Safety, and Workflow Operations in 2023

by Scott Hondros, MHA, SCPM, VP of Professional Services at CenTrak 02/15/2023 Leave a Comment

RTLS Can Enhance the Patient Experience, Staff Safety, and Workflow Operations in 2023

Although the healthcare industry has shown significant resilience, the byproduct of the pandemic has amplified staff stressors across all operational and clinical roles. In a study conducted in 2022, more than one-third (34%) of the participating registered nurses (RN) stated that it was likely they would leave bedside nursing by the end of the year. Almost half (44%) cited both burnout and high-stress environments as their main reasons to retire or pursue other careers.  As staff
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M&A: LeanTaaS Acquires Hospital IQ, Combined Valuation Exceeds $1B

by Fred Pennic 01/10/2023 Leave a Comment

M&A: LeanTaaS Acquires Hospital IQ, Combined Valuation Exceeds $1B

What You Should Know: - LeanTaaS, Inc., a provider of AI-powered and SaaS-based capacity management and patient flow software for health systems, today announced it has acquired Hospital IQ, a provider of intelligent automation solutions for hospitals. The acquisition values the combined company at more than $1 billion in enterprise value and enables it to power intelligent operations across more than 180+ U.S. health systems. The financial terms of the acquisition were not disclosed. -
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Hospital IQ Raises $25M to Scale Predictive Hospital Operations Platform

by Jasmine Pennic 06/28/2021 Leave a Comment

Hospital IQ

What You Should Know: - Hospital IQ, a provider of predictive hospital operations and communications software, secured $25 million in Series C funding led by Baxter Ventures, the venture investment arm of Baxter International Inc., and Health Velocity Capital, joining existing investors Pierpoint Capital and Allscripts. - Hospital IQ provides an operations management software platform that uses artificial intelligence to anticipate and direct actions, enabling health systems to
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Hospital IQ & Cerner Partner to Deliver Predictive Analytics for OR

by Jasmine Pennic 05/20/2020 Leave a Comment

What You Should Know: Hospital IQ and Cerner just announced a relationship to support health systems with predictive analytics to improve clinical and operational awareness. Together, the companies will provide health systems with near real-time analytics and predictive capabilities to gain insight into where resources are being used, where they may be needed and how they can be deployed more efficiently. Health system operators, administrators and clinical leaders can increase foresight and knowledge of their operations for staff to take specific actions that improve how they deliver care. Hospital IQ, an intelligent automation company, and Cerner today announced a relationship to support health systems with predictive analytics to improve clinical and operational awareness. Hospital IQ’s cloud-based software platform combines advanced data analytics, machine learning and simulation technology with an easy-to-use, intuitive user interface to deliver optimized surgical resource alignment, patient flow, and staff scheduling capabilities. Expand Situational Awareness Across Health System While the relationship is initially focused on more efficiently allocating resources during the preparation for surgeries, Hospital IQ and Cerner expect to work together to expand situational awareness across the health system. Hospital IQ’s perioperative solution, combined with Cerner’s data and analytics, will help health systems more efficiently meet surgical demands and make decisions on resource allocation by predicting when operating rooms will be used and comparing with the clinicians needed to conduct procedures. Balancing operating room resources effectively will be increasingly important in the coming weeks as health systems prepare to reschedule procedures delayed due to COVID-19. “Cerner is helping health systems around the world use near-real time data and analytics to more efficiently allocate medical equipment and deploy clinicians,” said Bob Robke, Vice President, Strategic Growth, Cerner. “With Hospital IQ, health systems can anticipate and predict patient needs, helping them prepare more in advance to coordinate resources across the hospital, emergency department and surgery rooms. We’re relentlessly advancing our clients’ successes and constantly looking for new ways to use data that helps them operate more optimally and deliver care more effectively.”

What You Should Know: - Hospital IQ and Cerner just announced a relationship to support health systems with predictive analytics to improve clinical and operational awareness. - Together, the companies will provide health systems with near real-time analytics and predictive capabilities to gain insight into where resources are being used, where they may be needed, and how they can be deployed more efficiently. - Health system operators, administrators, and clinical leaders can
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COVID-19 Forecast Dashboard Predicts Peak Hospital Admissions by County Level

by Fred Pennic 04/08/2020 Leave a Comment

Hospital IQ Launches Free US County-level COVID-19 Resource Dashboard

What You Should Know: - Today, Hospital IQ launched the COVID-19 Regional Forecast Dashboard, a free tool to help hospitals plan for the upcoming surge of COVID-19 patients. - The Dashboard provides visibility to the county-level resource needs based on precise predictions of peak hospital admissions, bed capacity, and ventilators. - The COVID-19 Regional Forecast Dashboard automatically aggregates data from the IHME COVID-19 model, as well as other trusted sources (COVID
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Hospital IQ Launches AI-Enabled Workforce Management Solution

by Fred Pennic 09/11/2019 Leave a Comment

Hospital IQ Introduces Healthcare’s First AI-Enabled Workforce Management Solution

- Hospital IQ launches an AI-enabled workforce management solution to help staffing managers more accurately align staff to forecasted patient demand. - Using accurate forecasts of patient demand, Hospital IQ enables staffing managers to proactively plan staffing needs, ensuring appropriate levels of patient care. - Hospital IQ also announced the addition of Shawn Sefton, MBA, RN, vice president, client operations, and John Zapf, senior director, sales, to support the company’s
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How Predictive Analytics Brings Operational Clarity to Healthcare

by Rich Krueger, CEO at Hospital IQ 09/18/2017 1 Comment

Predictive Analytics Brings Operational Clarity to Healthcare

The healthcare industry is grappling with a perfect storm of critical issues, each with the ability to negatively affect the access to and the quality of patient care. These issues include the lingering uncertainty regarding the fate of the Affordable Care Act and how Americans receive and pay for their healthcare. Another is the growing trend of industry consolidation, as it becomes increasingly challenging for small hospitals to compete in today’s environment. However, research shows that
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TeleTracking Integrates With Hospital IQ’s Predictive Analytics Platform

by Fred Pennic 02/14/2017 Leave a Comment

Allscripts EHR Integrates With Hospital IQ's Predictive Analytics Platform

Hospital IQ and TeleTracking has announced a strategic partnership that will improve patient flow, clinical outcomes and financial performance. Under the partnership, TeleTracking will integrate capabilities from Hospital IQ’s cloud-based predictive analytics platform with Teletracking’s Analytics solution portfolio. The two companies will also work together on joint product development efforts. Hospital IQ’s platform helps hospitals optimize efficiency through data-driven performance
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Allscripts EHR Integrates With Hospital IQ’s Predictive Analytics Platform

by Jasmine Pennic 08/10/2016 Leave a Comment

Allscripts EHR Integrates With Hospital IQ's Predictive Analytics Platform

On late Tuesday, Allscripts announced an integration partnership with healthtech startup Hospital IQ to integrate its operationally-focused predictive analytics platform with Allscripts’ Sunrise® EHR. The integration will empower Allscripts and EPSi customers to become more operationally streamlined, saving a huge chunk of time and money. Using the platform means they can align resources including staff, schedules and capacity with patient flow. Additionally, the integration will help Allscripts
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