Banner Well being — an Arizona-based well being system with 30 hospitals and a whole bunch of different care websites — introduced this week that it’s deploying Qventus’ perioperative expertise throughout the complete group following the success of an preliminary pilot.
Silicon Valley-based Qventus, which was based in 2012, presents expertise that optimizes effectivity in inpatient settings, perioperative care settings and command facilities. The corporate’s perioperative software program integrates with EHRs and makes use of machine studying to automate working room scheduling processes and maximize surgical caseloads.
Banner is rolling out Qventus’ perioperative expertise throughout its enterprise as a result of surgical demand is on the rise, mentioned Dr. Nirav Patel, the well being system’s medical director of surgical and procedural providers, in a press release.
“Qventus automations helped us determine the place OR time was going unused, releasing up these areas for sufferers who want it. Their expertise has improved our efficiencies, permitting us to foretell and meet the evolving wants of our sufferers in search of well timed, compassionate care,” he said.
The corporate’s perioperative expertise is designed to extend accessible OR time, develop surgical robotic entry and permit surgical clinics to simply view and request OR time with out logging into the EHR. The answer additionally gives insights about OR and surgeon efficiency in comparison with market benchmarks, in addition to identifies alternatives for referrals and outmigration enchancment to achieve market share.
Banner first adopted the expertise final July and is scaling its use of the answer because of a “double-digit return on funding.”
The well being system will not be the one one which has sung Qventus’ praises publicly. Final yr, an Allina Well being government instructed MedCity Information that his well being system added 3.5 surgical cases per OR monthly through the first 4 months of adopting the corporate’s software program. And ThedaCare preferred the expertise a lot that it poured $3 million in funding {dollars} into Qventus in 2022.
On common, Qventus prospects utilizing the perioperative resolution see a sixfold return on their funding, mentioned CEO Mudit Garg. These prospects additionally sometimes break even inside three months of going with the expertise, he added.
As Garg sees it, suppliers take pleasure in working with Qventus as a result of the corporate takes the time to personalize its shopper relationships.
“All through every stage of our partnership, we take the time to know shopper strategic priorities to make sure options are fine-tuned to appreciate key goals. We configure, monitor, and accomplice collectively to regulate our options, highlighting alternatives to appreciate a shopper’s technique. We’re right here to be a enterprise accomplice — not simply one other vendor,” he defined.
Garg recognized LeanTaaS as Qventus’ principal competitor. In his view, his firm’s perioperative software program is distinguished by a couple of elements.
First, Qventus presents its prospects management that optimizes the OR not only for utilization — however for “the best utilization throughout each whole case quantity and the best circumstances for the establishment,” Garg mentioned.
The corporate can also be extremely targeted on usability, he identified. So when reserving circumstances, the software program does issues like account for built-in surgeon preferences, checks for conflicts and solely surfaces related choices, accounts for built-in surgeon preferences.
The software program’s customizability is maybe the most important differentiator, Garg famous.
“Purchasers choose their strategic priorities, tuning the fashions to make sure assets are allotted to essentially the most acceptable sufferers and surgeons. Our resolution, fashions and analytics are configured to the nuance of every shopper’s hospital and/or system with the flexibility to drill down into surgeon utilization,” he declared.
Photograph: Motortion, Getty Photographs
