QPID Health Recognized by Distinguished Panel of Healthcare CIOs
Boston – November 25, 2014 – QPID Health announced today that is has been selected as a finalist in this year’s Fierce Innovation Awards: Healthcare Edition, an awards program from the publisher of FierceHealthIT, FierceHealthcare, and FierceMobileHealthcare. The Company’s Q-Guide product is recognized as a finalist in the category of Clinical Information Management.
Finalists were selected by a distinguished panel of CIOs from renowned U.S. hospitals and healthcare systems, including Allina Health, Rush University Medical Center, Mayo Clinic and JFK Health System. A complete list of judges can be found at: https://www.fierceinnovationawards.com/healthcare/2014/judges.
The Fierce Innovation Awards recognize pioneering technologies and solutions that will catapult healthcare delivery into new realms. “Our finalists represent the exciting innovation happening in the healthcare industry today,” said Wendy Johnson, FierceMarkets’ healthcare group publisher. “These companies have developed game-changing technologies and solutions that can improve safety, efficiency and patient outcomes.”
All applications were evaluated based on the following criteria: quality of care and patient outcomes, care efficiency, financial impact, market validation and overall innovative “fierceness.” Finalists were selected based on calculation of the judges’ scores in each area.
Mike Doyle, CEO of QPID Health, comments: “We’re proud to have been selected as a finalist in this year’s Fierce Innovation Awards in the Clinical Information Management category for our product Q-Guide, which we developed in collaboration with Partners HealthCare. Overuse of tests and procedures costs an estimated $46 billion annually here in the U.S. Q-Guide was designed to address that issue. Ensuring appropriate use is important for patient care and is imperative for healthcare providers that are accountable for improving clinical outcomes while reducing care costs. With Q-Guide, we combine best practice guidelines with the patient’s own health information, using our unique ability to pry concepts from structured and unstructured data stored in medical records.
About FierceMarkets FierceMarkets, a wholly owned subsidiary of Questex Media Group, is a leader in B2B emedia, providing information and marketing services in the telecommunications, life sciences, healthcare, IT, energy, government, finance, and retail industries through its portfolio of email newsletters, websites, webinars and live events. Every business day, FierceMarkets’ wide array of publications reaches more than 1.3 million executives in more than 100 countries.
QPID Health’s clinical intelligence software automatically delivers relevant patient information from electronic health records and other data sources into clinical and administrative workflows. QPID extracts patient information from the EHR using natural language processing and machine learning. With QPID, clinicians are more productive, patients benefit from decisions based on their complete health information, and hospitals gain cost efficiencies. The QPID solution was developed at Massachusetts General Hospital and usage spread virally throughout the Partners HealthCare system including to Brigham & Women’s Hospital, Faulkner and Newton-Wellesley. QPID Health launched in late 2012 to bring the power of QPID to health systems nationwide. Usage has grown from 4000 to 7000 active users over the past year supporting 3 million clinical encounters. Investors include Cardinal Partners, Matrix Partners, Massachusetts General Physicians Organization, New Leaf Venture Partners, and Partners Innovation Fund. Visit www.qpidhealth.com for more information.