Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the healthcare sector. This time, you get to discover 5 hand-picked startups developing hospital management systems.
Global Startup Heat Map: 5 Top Hospital Management Systems
The 5 hospital management systems you will explore below are chosen based on our data-driven startup scouting approach, taking into account factors such as location, founding year, and relevance of technology, among others. This analysis is based on the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering over 1.3 million startups & scaleups globally.
The Global Startup Heat Map below highlights the 5 healthcare startups & scaleups our Innovation Researchers curated for this report. Moreover, you get insights into regions that observe a high startup activity and the global geographic distribution of the 295 companies we analyzed for this specific topic.
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Adria Health manages Operating Room (OR) Capacity
The shortage of qualified surgeons, especially in low and middle-income countries, leads to operating room capacity constraints in a significant number of hospitals. Moreover, mismanagement of surgical scheduling and surgical inventory leads to further delays. This is where artificial intelligence solutions bridge the gap between effective healthcare delivery and available resources.
The US-based startup Adria Health uses machine learning to optimize operating room capacity management. Through predictive analytics and AI, the startup automatically measures a variety of key performance indicators ranging from case volume, contribution margin, direct costs, scheduling accuracy, suite utilization, after-hours cases, and Post-Anesthesia Care Unit (PACU) length of stay. Based on these factors, ORs are then distributed and used more effectively.
Assist.id provides Information Management Solutions for Hospitals
Patient data is a critical lever in the delivery of effective and efficient healthcare. Predictive analytics together with deep learning algorithms and dashboards process raw patient data to provide insights. In turn, these insights enable doctors and medical professionals to manage complicated workflows efficiently. To this end, startups develop information management solutions for hospitals and care facilities.
Indonesian startup Assist.id’s Hospita software solution includes features ranging from patient registration, handling patient queues, and electronic health records (EHRs) management to managing pharmacy stock inventory. The software is equipped with easy-to-understand tutorials, provides real-time notifications, and gives updates on multiple patients. Moreover, chatbots provide necessary clarifications for patients 24/7 along with consultation bookings thereby making scheduling more efficient.
Ovid Technologies works on Cloud-based Dental Hospital Management Software
Just like hospitals, private practices have significant potential to improve their functioning to provide the best possible care for patients. Cloud-based management software solutions enable private medical practices to efficiently operate and manage their business. Thus startups develop user-friendly web-based software applications to reduce operating costs and increase profitability.
Indian startup Ovid Technologies offers cloud-based dental hospital management software. The startup’s solution includes patient management, appointment scheduling, payroll automation, pharmacy inventory management, and lab workflow management. As a result, the solution assists hospital administrators and medical professionals with critical decision-making.
Recare optimizes Patient Discharge & Transfer Management
Poor discharge planning in hospitals results in readmissions of patients that are detrimental for both the patient and the hospital in terms of health and resource utilization. Health Level Seven (HL7) standards already exist to provide a framework for sharing clinical and administrative data of patients while transferring them to and from hospitals. In order to make this process safe, effective, and efficient, startups build software platforms.
German startup Recare develops a platform for managing transfers in hospitals, nursing homes, and rehabilitation centers. The startup’s web-based platform enables patients to receive follow-up care faster. Further, Recare enables encrypted, data protection compliant exchange of messages and data between hospitals and aftercare facilities. The Recare platform does not necessarily require integration with existing enterprise software but is integrable into all hospital information systems using health level 7 standards with little effort.
MedTrail develops an AI-based Smart Hospital Solution
Paper-based hospital workflows involve significant human resources. Digitizing hospitals, on the other hand, automates clinical workflow and reduces time spent on repetitive administrative tasks. For example, startups integrate AI and reality technologies to develop digital twins for hospital operation management and decision making.
Indian startup MedTrail leverages AI to transform hospitals into smart hospitals. The startup’s AI-based Smart Assistant digitizes handwritten prescriptions and integrates with electronic health records of patients, thereby making hospital management more cost-effective. Doctors can then access these health records on a mobile application along with analytics on prescribed medicines and diagnostic tests.
Discover all Healthcare Startups
To keep you up-to-date on the latest technology and emerging solutions, we provide you with actionable innovation intelligence – quickly and exhaustively. You can download our free Healthcare Innovation Report and discover new business opportunities or save your time & let us look into your areas of interest. We provide you with an exhaustive overview of new startups, scaleups & emerging technologies that matter to you.
