QPID, Inc.Recognized for leadership inClinical Information Management; also takes “Best in Show” honors
Boston, MA – December 18, 2013 –QPID, Inc. announced that is has been recognized by this year’s Fierce Innovation Awards: Healthcare Edition, a unique CIO-reviewed awards program from the publishers of FierceHealthIT, FierceHealthcare, and FierceMobileHealthcare. QPID, Inc. received top honors in the “Clinical Information Management” category, as well as an overall award of “Best in Show: Best Cost-Saver.”
Wendy Johnson, FierceMarkets’ healthcare group publisher,says, “The Fierce Innovation awards celebrate the companies who are leading the charge to boldly transform healthcare delivery. We were overwhelmed by the number and the quality of the applications we received.”
Honorees were selected by a distinguished panel of CIOs and other executives from renowned U.S. hospitals and healthcare systems, Inc.luding Mayo Clinic, Boston Children’s Hospital, Memorial Sloan-Kettering Cancer Center, University of Michigan Hospitals and Health Centers, and Beth Israel Deaconess Medical Center. A complete list of judges can be found at www.fierceinnovationawards.com/healthcare/2013/judges.
Winners were selected based on the following criteria: impact on quality of care and patient outcomes; impact on care efficiency; impact on healthcare information exchange; technology innovation; financial impact; market validation; compatibility with existing health IT systems; end-user experience and overall level of innovation.
QPID, Inc. is being recognized for its innovative, industry-leading product, QPID.
Mike Doyle, President and CEO of QPID, Inc., said: “We are pleased that the judges named QPID as the winner in Clinical Information Management and Best in Show, Best Cost-Saver. As the market evolves towards fully digital patient records, there is untapped opportunity to use clinical information to drive smart decisions that reduce costs and improve safety and outcomes. QPID’s customers have already achieved significant cost savings and productivity improvements by deploying QPID applications across hospital departments and specialties.”
For example, with QPID, the time required to review the critical aspects of a patient’s health record prior to an interventional radiology procedure has been reduced 8 times. Medicine residents and Emergency Department nurses and doctors can now can assess the condition of a patient in minutes and immediately know the results of common workups, as well as the patient’s allergies, medications, prior surgeries and other potentially life-saving facts. QPID applications for advance screening of patients prior to MRI, endoscopy and other surgical procedures help avoid costly last minute cancellations that leave expensive equipment unused and schedules thrown off.
QPID delivers meaningful, clinically-significant patient information to clinicians and administrators from data stored in electronic patient records – critical information that might otherwise remain buried and go unfound. By activating this vital information, QPID increases physician productivity, improves patient safety, and drives revenue and cost savings through better decision making. QPID applications have been built for a variety of departments, including medicine, emergency, radiology, endoscopy, cardiology, anesthesiology and surgery. The platform can mine both structured and unstructured data, and Inc.orporates thousands of conceptual queries that retrieve pertinent patient history, lab results, symptoms, and potential causes, among other data that helps clinicians to provide the right services to patients. QPID delivers clinical insights that go far beyond results from standard natural language processing, ontological or keyword search. In addition to supporting direct patient care, the system is used to rapidly identify cohorts for clinical trials, other types of research, and auto-population of registries.
To learn more about QPID, Inc. visit www.qpidhealth.com.
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AboutQPID, Inc. QPID is a clinical insights software solution that was developed at the Massachusetts General Hospital in Boston to make it easier for clinicians to get value from the patient information stored in electronic health records. QPID, Inc. launched in February of 2013 to bring the power of the QPID clinical insights platform to health systems nationwide. The company is venture backed by Matrix Partners, Partners Innovation Fund, Massachusetts General Physicians Organization (MGPO) and Cardinal Partners. Visit www.qpidhealth.com for more information.