Founded Year

2012

Stage

Series C | Alive

Total Raised

$93.84M

Last Raised

$50M | 3 mos ago

About Qventus

Qventus uses a hospital's data along with proprietary external data signals to help managers proactively manage day-to-day operations. Qventus' algorithms analyze hospital data along with important operational and clinical metrics, allowing hospital staff to both monitor operational performance and automatically diagnose operational issues in real-time. In addition, Qventus' machine-learning-based forecasting techniques enable hospitals to predict patient volumes and optimally allocate resources – such as staff, beds, and rooms – to meet this demand. These insights are delivered to staff in the workflows with which they are already accustomed. Qventus was founded in 2012 and is based in Mountain View, CA.

Qventus Headquarter Location

295 Bernardo Ave. Suite 200

Mountain View, California, 94043,

United States

650-336-7257

Qventus's Product Videos

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Qventus's Products & Differentiation

See Qventus's products and how their products differentiate from alternatives and competitors

  • Qventus Perioperative Solution

    The Perioperative Solution solves challenges of surgical access and growth using automation, AI, and behavioral science. The solution consists of three modules that work together to unlock OR time and then automatically grow case volume. First, Access uses ML models to identify time blocks likely to be unused and then uses behavioral science-designed “nudges” to encourage surgeons and schedulers to release the time. Next, Growth automatically offers slots to the best-fit surgeons and cases as well as provides a web portal for offices to see available times and add cases. Finally, Insights closes the loop by surfacing actionable efficiency insights to key surgical stakeholders. The result is higher utilization, increased surgeon alignment, and more strategically important cases, all while reducing the burden on teams.

    Differentiation

    Traditionally, open OR time is filled on a first come, first served basis. Additionally, EHRs can work well for employed surgeons but can be challenging for independent surgeons to access. In contra… 

    Sophisticated AI: Algorithms tuned to support hospital growth goals, matching with and offering surgical slots to the best fit surgeon who is likely to add a case, instead of just the first availabl… 

    Human Centered Design - Behavioral science embedded in the product design, such as TimeFinder, which is enables visibility and frictionless user experience to add cases 

    Market-leading Results - 7+ days lead time added, ahead of auto-release, enabling high usage of previously challenging slots, exceeding 50% utilization. This increases total utilization and adds 2+ … 

  • Subscribe to see more

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

  • Subscribe to see more

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

  • Subscribe to see more

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

Research containing Qventus

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Qventus in 2 CB Insights research briefs, most recently on Apr 11, 2022.

Expert Collections containing Qventus

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Qventus is included in 6 Expert Collections, including Digital Health.

D

Digital Health

12,922 items

Startups recreating how healthcare is delivered

C

Conference Exhibitors

5,501 items

HLTH is a healthcare event bringing together startups and large companies from pharma, health insurance, business intelligence, and more to discuss the shifting landscape of healthcare

A

AI 100

100 items

A

Artificial Intelligence

8,717 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

H

Health IT

2,617 items

Companies partnering with healthcare stakeholders to improve operational efficiency across payment, supply chain, data mgmt, and more.

D

Digital Hospital

100 items

Latest Qventus News

How Boston Medical Center uses automation for early discharge planning

Apr 20, 2022

In collaboration with Qventus - Large Early discharge planning is key in reducing unnecessary length of stay, expanding bed capacity and realizing cost savings. But many organizations are falling short even though they have spent so much time running performance improvement projects and customizing their EHR. During a March webinar hosted by Becker's Hospital Review and sponsored by Qventus, Chris Manasseh, MD, associate chief medical officer of inpatient operations at Boston Medical Center, and Jason Cohen, MD, senior director for clinical solutions at Qventus, discussed five strategies proven to make early discharge planning successful. At the heart of those strategies lies the idea of improving multidisciplinary rounds. MDRs are critical for care teams to align on discharge goals and define an early discharge plan, but the typical MDR is ineffective: Information is scattered and it's hard for teams to get what they need to plan until the patient is nearly ready to be discharged. "It becomes a scramble to line up post-discharge care but by then it's too late — the patient ends up staying past their clinically ready time and accruing excess days," Dr. Cohen said. Five strategies to overhaul ineffective MDRs and optimize discharge planning: 1. Make multidisciplinary rounds a strategic priority. This entails building a coalition of champions — with representation from nursing and case management leadership, hospitalists and sub-specialists — to propel a culture around high-performing MDRs. It also involves conveying the importance of MDRs to improving outcomes for patients, care teams and the health system, as well as defining and executing a standard structure that covers common processes, technology tools and key performance indicators for participation and quality. "MDRs are the core foundation that you build and drive your operational efficiency around," Dr. Cohen said. 2. Convene the right team in the right roles. The core makeup of an MDR team comprises a nursing lead, a bedside nurse, a case manager, a provider and ancillary services professionals, such as physical therapists and pharmacists. Because patients are spread across different units, Dr. Manasseh said, "it's paramount that teams are given clear guidance on where to go and when to go for in-person board rounds." 3. Focus the conversation on the discharge plan. Essential to an effective discharge planning conversation are aligning on the estimated date of discharge (EDD), aligning on the discharge disposition and post-acute logistics and addressing potential barriers to discharge. To facilitate this process, BMC provided its care teams with a standardized script of how to discuss patients' clinical information in a structured, efficient way. 4. Use technology to make MDRs and follow-up easier. Technology can be a powerful tool in redesigning MDRs to "hardwire" early discharge planning processes into hospital workflows. By embedding AI and machine learning models that auto populate patients' real-time clinical progress data into their care plans, suggest EDDs and dispositions, identify potential barriers, automate care coordination activities and integrate with EHRs to avoid double documentation, automation platforms such as Qventus can optimize this strategy. Incorporating such technologies can reduce the manual burden of discharge planning, improve planning quality and result in up to 30-50 percent fewer excess days. Health systems can expect up to a tenfold return on investment from this technology. 5. Leverage data to drive and sustain best practices. To sustain these best practices, it is important that organizations measure MDR quality by tracking when EDD, disposition and barriers are discussed during a patient's stay; provide tangible feedback to help care teams home in on areas where they may need to improve; recognize and reward good performance and use data to show how MDRs are benefiting patient care and improving operational efficiency. By applying these best practices, BMC now has a system for early discharge planning at scale. Over 53% of BMC patients have early discharge plans, and those patients average 0.8 days fewer excess days, compared to those patients without early discharge plans. What’s more, these efficiency improvements have created more than 13 beds of new capacity — without adding new resources — and have saved over 25,400 FTE hours. Given current staffing challenges, this strategy is more important than ever. “When we started this work in 2020, we really saw this as an urgent priority and committed to doing it rather than delaying it,” said Dr. Manasseh. “Without this system in place, we likely would have experienced even more significant capacity challenges, and it would have been even harder on our teams. This system reduces workload intensity, mitigates process variability, and optimizes our existing staff and resources. We actually feel much stronger today because of this.” To learn how you can implement these MDR best practices, view the E-book here . You can also watch the webinar recording here .

Qventus Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Qventus Rank

  • When was Qventus founded?

    Qventus was founded in 2012.

  • Where is Qventus's headquarters?

    Qventus's headquarters is located at 295 Bernardo Ave., Mountain View.

  • What is Qventus's latest funding round?

    Qventus's latest funding round is Series C.

  • How much did Qventus raise?

    Qventus raised a total of $93.84M.

  • Who are Qventus's competitors?

    Competitors of Qventus include Cerner and 8 more.

  • What products does Qventus offer?

    Qventus's products include Qventus Perioperative Solution and 3 more.

  • Who are Qventus's customers?

    Customers of Qventus include Saint Luke’s Health System, HonorHealth, M Health Fairview and University of Arkansas for Medical Sciences.

You May Also Like

LeanTaaS Logo
LeanTaaS

LeanTaaS provides software solutions that combine lean principles, predictive analytics and machine learning for core operational processes in hospital and infusion center operations. LeanTaaS increases patient access, decreases wait times, improves staff satisfaction, reduces healthcare delivery costs, and improves operational performance.

PointCare Logo
PointCare

PointCare is making health coverage accessible and manageable for publicly covered patients. The company is establishing a coverage management system that allows Health Systems to simplify the enrollment cycle and retain coverage for their members.

Jvion Logo
Jvion

Jvion helps healthcare systems and providers prevent harm and lower costs through its AI-enabled prescriptive analytics solution. The Jvion Machine goes beyond simple predictive analytics to identify patients on a trajectory to becoming high risk and for whom intervention will likely be successful. It determines the interventions that will effectively reduce risk and enable clinical action, and it accelerates time to value by leveraging established patient-level intelligence.

LifeOmic Logo
LifeOmic

LifeOmic is the developer of a secure cloud service for the long-term storage, retrieval, analysis, and clinical use of information central to patient care. Its PHC platform integrates and indexes disparate sources including genomic, clinical, imaging, and population data. All of this data is added to a searchable and flexible repository for each patient to deliver precision treatments and accelerate research. LifeOmic's LIFE mobile apps use the Precision Health Clous to empower individuals to be more involved in and take action on their personal health and wellness goals.

eCeptionist Logo
eCeptionist

Eceptionist is a provider of software solutions for the healthcare industry. Since 2001, Eceptionist has been helping clients reduce costs and optimize the delivery of their healthcare services. Utilizing the Ecepitonist family of products, organizations can better manage healthcare delivered across departments, sites, communities, ACO’s, and countries.Eceptionist’s technology solution enables organizations to more efficiently manage: Scheduling, Telemedicine, Referrals/eConsults/eRequests, Waitlists, Case Management, and Reporting.

Color Logo
Color

Color democratizes access to genetic information. The Color Test is physician-ordered and comes with complimentary board-certified genetic counseling for clients and healthcare providers. The 30-gene Color Test analyzes genes closely associated with some of the most common hereditary cancers: breast, colorectal, melanoma, ovarian, pancreatic, prostate, stomach, and uterine cancers.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.