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Qventus

KLAS: Capacity Optimization Management Performance 2023

by Syed Hamza Sohail 05/12/2023 Leave a Comment

klas: Capacity Optimization Management Performance 2023

What You Should Know: Operational limitations—such as staffing shortages, variable patient flow, and poor visibility into resource availability—can make it difficult for healthcare organizations to effectively manage their capacity, leading to volatile workloads that see resources either under- or over-utilized. Some organizations are using capacity optimization management technology, which includes artificial intelligence (AI) and machine learning (ML), to collect data that can improve
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17 Execs Share How Health IT Can Address Clinician Burnout, Staffing, & Capacity

by Fred Pennic 03/23/2023 Leave a Comment

Survey: Clinician Burnout Is A Public Health Crisis Demanding Urgent Action

Clinician shortage has reached a new level of urgency as we face rising demand and healthcare costs, according to a recent Accenture report. Healthcare workers are increasingly burned out and leaving the industry altogether in droves. Those who remain to do the work are overburdened.  We ask seventeen healthcare IT executives for their insights on how health IT solutions could potentially help address clinician burnout, clinician staffing shortages, and deal with capacity. Staffing levels
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17 Executive Hospital/Health System Predictions to Watch in 2023

by Fred Pennic 01/12/2023 Leave a Comment

6 Executive Health Data Predictions to Watch in 2023

Vijay Kedar, Co-Founder and CEO at Tomorrow Health Health systems will realize their challenges are not transitory but systemic: This year saw health systems facing a myriad of compounding threats – from historic inflation exacerbating their cost structures, front-line clinician burnout driving widespread labor shortages, and increased capacity issues that left patients in hospital facilities one full day longer than in the prior year. As the financial markets turned south, many institutions
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Growing Surgical Revenue, OR Automation Named Top Priority for Health Systems

by Syed Hamza Sohail 10/12/2022 Leave a Comment

Growing Surgical Revenue, OR Automation Named Top Priority for Health Systems q

What You Should Know: - Increasing surgical services revenue is a top priority for healthcare systems, with automation seen as a way to accomplish it, according to a new survey of healthcare executives conducted by The Health Management Academy. - Seventy-six percent of respondents named increasing surgical services revenue as a top priority, while half the health systems represented said they plan to increase investments across their surgical services in the next two
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ThedaCare Invests $3M in Qventus to Deploy AI-Enabled Care Operations Automation

by Fred Pennic 08/10/2022 Leave a Comment

ThedaCare Invests $3M in Qventus to Deploy AI-Enabled Care Operations Automation

What You Should Know: Health system ThedaCare announced it has invested $3M in Qventus and it also deploying the technology to drive operational efficiencies in inpatient and perioperative care settings and across its organization. Through the investment, ThedaCare will collaborate with Qventus to develop new solutions and innovations, as well as support Qventus in expanding its technology to additional hospitals and health systems across the United
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Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others

by Fred Pennic 11/25/2020 Leave a Comment

Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others

CVS Health Corporation names Neela Montgomery Executive Vice President and President of CVS Pharmacy/Retail, effective November 30, 2020. Montgomery will oversee the company's 10,000 pharmacies across the United States. Montgomery, currently a Board Partner at venture capital firm Greycroft, most recently served as chief executive officer of furniture retailer Crate & Barrel and has nearly 20 years of global retail experience. The Cleveland Clinic and Amwell joint venture appoint
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Stanford Alumni Scientists, Physicians Launch StartX Med COVID-19 Task Force

by Jasmine Pennic 03/19/2020 Leave a Comment

Stanford Alumni Scientists and Physicians Launch StartX Med COVID-19 Task Force

What You Should Know: - More than 1500 Stanford faculty and alumni announced the launch of StartX Med COVID-19 Task Force featuring 70+ StartX Med Innovators with medical breakthroughs for the prevention, diagnostics, and treatment of coronavirus mobilize efforts to fast-track public health needs during the pandemic. - The StartX Med COVID-19 Task Force will collaborate on outreach to government agencies, regulatory bodies and healthcare systems in the interest of public health for
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Qventus Lands $30M to Expand AI Platform for Hospital Operations

by Fred Pennic 05/14/2018 Leave a Comment

Qventus

Qventus, a hospital operations management solution for health systems that leverages artificial intelligence (AI), announced that it has secured $30M in Series B funding led by Bessemer Venture Partners, with participation from NewYork-Presbyterian Hospital as well as existing investors Mayfield Fund and Norwest Venture Partners. The funding comes at a time when health systems are struggling to provide services to their communities at sustainable margins. The company, which has now raised over
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Qventus Expands Artificial Intelligence Platform to Operative Room

by Jasmine Pennic 03/21/2017 Leave a Comment

Qventus

Qventus, an AI-based software platform that solves operational challenges across the hospital has announced the expansion of its platform to the perioperative environment, including the operating room (OR). Perioperative care generally represents 50 to 60 percent of hospital revenue. Almost 80 percent of preventable same-day surgical cancellations are due to process failures, such as patients not showing up for surgery, lack of equipment or beds and the OR behind schedule. These cancellations
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A.I. For Hospital Operations Company analyticsMD Rebrands As Qventus

by Jasmine Pennic 03/03/2017 Leave a Comment

Qventus

analyticsMD, an AI-based software platform that solves operational challenges across the hospital including emergency departments, perioperative areas, and patient safety has rebranded as Qventus to reflect the company's rapidly growing product offerings. The new name was inspired by the belief that emerging technology can power the winds of change in healthcare. It underscores the company's mission to simplify how healthcare operates so that hospitals and caregivers can focus on providing the
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