The Company’s Growth Necessitates Additional Space and Staff to Facilitate Product Development and Service Customers Nationwide
Boston – September 16, 2014 – QPID Health,a leader in clinical intelligence software, today announced a move to new headquarters in Boston and their first West Coast location in San Diego. The new headquarters at 175 Federal Street in Boston will house product development, engineering, operations and marketing teams. QPID Health’s new Southern California office will be located at 1000 Aviara Parkway in Carlsbad. The expansion was needed in order to meet the demands of customers nationwide. Both new locations will be operational at the end of October.
The QPID software platform enables healthcare providers to get the most from their investment in electronic health records (EHRs) by delivering relevant patient information where and when it is needed. EHRs are difficult to use and waste valuable clinician time because of the high volume of data they contain and because they are not organized the way clinicians think. QPID solves that problem.
QPID Health formally launched in late 2012. Since raising $12.3M in venture funding as part of the Company’s Series B earlier this year, the Company has invested in product development and services to further the core mission of ‘Improving Healthcare’. Moving to new space is imperative to support the Company’s growth.
“Our move to a larger Boston headquarters, opening of the San Diego facility, and our willingness to embrace remote employee arrangements underscore our commitment to hiring the best available people, no matter where they are located,” explained Mike Doyle, President & CEO of QPID Health. “I’m grateful for the passion of my team and look forward to our move, as it affords us the ability to further develop our technology and work toward improved clinical care.”
In 2013, QPID Health’s first year of commercial operation, 4,000 active users generated nearly 3 million clinical encounters with QPID’s platform at Partners HealthCare hospitals including Massachusetts General Hospital and Brigham & Women’s Hospital. Today, over 6,000 active users are benefiting from QPID solutions, both within and outside of the Partners network.
About QPID Health
QPID Health’s clinical intelligence software automatically delivers relevant patient information from electronic health records and other data sources into clinical and administrative workflows. 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 (MGH) and usage spread virally throughout the Partners HealthCare system hospitals and affiliates including Brigham & Women’s Hospital, Dana-Farber Cancer Institute, Faulkner, Newton-Wellesley Hospital, and North Shore Hospital as well as MGH. QPID Health launched in late 2012 to bring the power of QPID to health systems nationwide. Investors include Matrix Partners, Cardinal Partners, New Leaf Venture Partners, Massachusetts General Physicians Organization and Partners Innovation Fund. Visit www.qpidhealth.com for more information.