The TiE50 awards program recognizes the 50 hottest tech start-ups.
May 6, 2015 – MedStatix, Lancaster, PA is excited to announce that it has been selected as a Finalist for the prestigious 2015 TiE50 Awards Program.
Winners will be announced on Friday, May 15th at TiE Silicon Valley’s organization’s annual entrepreneurial conference, TiEcon, in Silicon Valley. TiE is a global not-for-profit organization fostering entrepreneurship through mentoring, education, and networking. MedStatix was chosen as a top start-up for 2015 and is a finalist out of more than 2,700 technology companies that applied.
At TiEcon, MedStatix will present to a distinguished panel of serial entrepreneurs, venture capitalists, angel investors, CEOs and well-rounded technology experts, to determine finalists and winners. Companies will be evaluated on three parameters: Business Model, IP Value and Leadership team.
MedStatix, an Aspire Ventures portfolio company, uses mobile-optimized surveys delivered to patients immediately after appointments with physicians. These surveys provide medical practices with key analytics regarding patient satisfaction and also use predictive analytics to provide insight into future ramifications based on the data, such as anticipated collection problems or risk management concerns.
Aiding in transparency in healthcare, the MedStatix Star Ratings can be displayed online for prospective patients to make informed decisions about the satisfaction rating of their providers.
The TiE50 award is just the most recent accolade for MedStatix, which has had a busy year, adding key resellers TalkSoft, POS and SE Quality Healthcare Consulting and growing their provider base by 60% in the last quarter alone.
Interest in solutions like MedStatix is strong, as indicated by the HIMSS Leadership survey, indicating that 87% of respondents reported ‘patient satisfaction’ as their top priority over the next twelve months.
MedStatix strengthens the patient-provider relationship through predictive analytics to promote higher engagement, better outcomes, and lower costs.
Through specialty-specific surveys, a partnership with industry-leading physicians and advisors, and with a unique ability to apply predictive analytics to critical business metrics, they provide the right analytics and actionable insights.
MedStatix cloud-based, mobile-optimized surveys deliver simplicity and convenience, resulting in response rates of more than 40% and completion rates of more than 97%. Patients are given a voice through a familiar star rating system, while real-time data allows providers to actively manage their reputation by identifying both risks and opportunities for improvement.
They are headquartered in Lancaster, PA.
TiE is a global not-for-profit organization fostering entrepreneurship through mentoring, education, and networking. Their network spans 60 chapters in 17 countries with a worldwide membership exceeding 14,000 that includes successful entrepreneurs, venture capitalists, corporate executives, and aspiring entrepreneurs. For more information on TiE, visit www.tie.org.