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Recognition marks third consecutive year Hospital IQ has been named MedTech Breakthrough winner

NEWTON, Mass., May 12, 2022--(BUSINESS WIRE)--Hospital IQ, a leading intelligent workflow automation provider for hospital operations, announced today it has been named the winner of the MedTech Breakthrough Award for Best Predictive Analytics Solution. This recognition marks the third consecutive year Hospital IQ has been selected as a MedTech Breakthrough Award winner, previously winning the Health Administration Innovation Award in both 2021 and 2020.

Hospital IQ earned this accolade for its latest innovation in predictive analytics, which accurately predicts patient demand, automates workflows and drives cross-functional team action to improve hospital operational efficiencies and optimize capacity to provide patient care. The Hospital IQ solution leverages data and predictive analytics to provide health system leaders with enterprise-wide visibility into variables across all areas of hospital operations in real-time, including admissions, discharges, staff scheduling and more. Driven by intelligent data analytics, the system identifies potential future challenges in census, boarding, and staffing levels throughout the health system, and turns these predictions into actionable notifications. When a future scenario in which sub-optimal conditions will occur is identified, the Hospital IQ platform alerts the proper stakeholders and provides recommended actions to mitigate problems before they arise.

"Were honored to receive our third consecutive MedTech Breakthrough award win, and were proud to be recognized as the leading innovator in predictive analytics for our clients and the patients they serve," said Rich Krueger, CEO of Hospital IQ. "Success in the post-pandemic future of healthcare will require systematic improvements regarding how healthcare organizations manage processes and people, and core to that improvement is the move from reactive to proactive processes. Predictive analytics allow hospitals and health systems to operate more effectively and strategically utilizing data science to predict whats coming along with real-time insight and transparent communication across the enterprise, allowing them to see more patients, align staffing to demand, provide greater care, and support staff satisfaction."

The Hospital IQ solution is also equipped to promote team success through its coordinated communication platform and automated notifications, keeping everyone informed as patient throughput and capacity utilization goals are achieved and sustained, which eliminates confusion, keeps everyone on the same page and helps with staff morale and retention. The platform can be deployed for use cases across the most impactful areas of the hospital including inpatient, perioperative and infusion, enabling health systems to customize the toolset to their unique needs and further enhancing enterprise-wide performance.

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The MedTech Breakthrough Awards honor excellence and recognize the innovation, hard work and success in a range of health and medical technology categories, including Clinical Administration, Telehealth, Patient Engagement, Electronic Health Records (EHR), mHealth, Medical Devices, Medical Data and many more. This year, nearly 4,000 nominations from around the world were submitted representing the most competitive program to-date.

About Hospital IQ

Hospital IQ provides an intelligent workflow automation solution for hospital operations that uses artificial intelligence to anticipate and direct actions, enabling health systems to achieve and sustain peak operational performance to improve patient access, clinical outcomes, and financial performance. 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. Hundreds of leading hospitals and health systems rely on Hospital IQ to help them make the right operational decisions the first time, every time. To learn more, visit http://www.hospiq.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220512005230/en/

Contacts

Laura BastardiMatter for Hospital IQHospital_IQ@matternow.com

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