“Empiric Health raised $3 million in super seed financing from Salt Lake City-based Intermountain Healthcare, the startup announced Nov. 29. Empiric Health analyzes hospital data to inform changes in physician behavior. The Salt Lake City-based startup’s goal is to streamline physicians’ workflows to drive improvements in hospital measures related to costs, quality and outcomes.
Intermountain Healthcare and Oxeon Partners, a New York City-based healthcare growth services firm, launched Empiric Health earlier this year. Empiric Health’s services are based on an Intermountain Healthcare program that used data-driven operational insights to produce more than $90 million in savings for the health system and its patients. Empiric Health officials said the startup will use the financing to accelerate its commercialization efforts and expand the company’s workflow tools and services.
‘It’s our goal to build out Empiric’s proprietary analytics framework and services so that clinicians and healthcare leaders can easily access relevant information that enables them to deliver high-quality, affordable care,’ said Rick Adam, CEO of Empiric Health”
In the preceding excerpt from the December 4, 2017 edition of Becker’s Health IT and CIO Review article entitled Intermountain Healthcare issues $3M in seed funding to hospital workflow startup by (http://bit.ly/2ACghVH), the Empiric Health CEO’s stated purpose “… to build out Empiric’s proprietary analytics framework and services so that clinicians and healthcare leaders can easily access relevant information that enables them to deliver high-quality, affordable care” falls short of the full potential of analytics-enabled automated workflow, a.k.a. “business process management (BPM)” in the IT industry. The Cloud Healthcare Appliance Real-Time Solution as a Service (CHARTSaaS)© reference architecture (RA) defines this potential in a manner that can be accomplished by implementing currently available commercial off the shelf (COTS) and/or free open source software (FOSS) IT solutions in an Internet/cloud data center managed by a cloud service provider (CSP) that provides software and service compliant with the USA Health Insurance Portability and Accountability Act (HIPAA) authorized Privacy and Security Regulations a.k.a. “Rules.”
Please validate the foregoing CHARTSaaS©-related propositions to your own satisfaction by reading the white paper at http://bit.ly/2vmK1Rx, viewing the tutorials posted on YouTube (http://bit.ly/2sVajvS and https://www.youtube.com/watch?v=f5OtbCCDNLs) and also by reviewing the details of CHARTSaaS© and the CHARTSaaS© RA in these presentations:
Healthcare providers will benefit significantly from appreciating and then applying a CHARTSaaS© RA-compliant IT solution. To do so will mitigate medical mistakes (currently the third leading cause of patient deaths. per Makaray and Daniel (http://bit.ly/1rtW6Sa); thereby minimizing patient adverse events and optimizing clinical case outcomes while maximizing the cost-effectiveness of care and treatment, and also accelerating the accrual and facilitating the application of medical knowledge.