Welcome!

News Feed Item

Frost & Sullivan Honors ArborMetrix for Pioneering the Integration of Surgical Video Analysis Capabilities into a Cloud-based Reporting and Analytics Platform

-- ArborMetrix's platform enables providers to manage the entire healthcare spectrum, rather than just a single service line

MOUNTAIN VIEW, California, Feb. 28, 2014 /PRNewswire/ -- Based on its recent analysis of the acute and specialty care market, Frost & Sullivan recognizes ArborMetrix, Inc. with the 2014 North American Frost & Sullivan Award for Product Innovation Leadership.   ArborMetrix's leading cloud-based reporting and analytics platform for measuring clinical performance and efficiency in acute and specialty care now includes a breakthrough surgical video analysis tool.  This innovative offering provides experts with video-based tools that enable organizations to better train and evaluate surgeons, with the ultimate goal of improving surgery outcomes for patients.  ArborMetrix has already integrated the video surgery analysis capabilities into its registry solution for bariatric surgery, and is now actively rolling it out through its cancer surgery and hernia surgery registries.

ArborMetrix's analytics platform enables both healthcare providers and payers to evaluate the effectiveness of evidence-based care, which has led to significant improvements in quality, safety, and cost-effectiveness of surgical intervention and associated specialty care. It provides benchmarks for procedures, physicians, and hospitals for use in data collection and integration, performance feedback, Maintenance of Certification (MOC) IV compliance, clinical decision support, surgeon skill ratings, and patient engagement. The platform helps to manage and maintain efficient and cost-effective clinical registries, performance measurement systems, and quality improvement programs. The cloud-based architecture of the platform allows for rapid deployment of the solution without the need for IT resources.

The comprehensive solution provides evidence-based actionable intelligence across acute and specialty care, which is the largest healthcare expenditure in the U.S. It is innovatively designed for hospital and health systems alike. Furthermore, its new performance measurement platform is designed to enhance evaluation, surgical techniques, and patient outcomes.

"This holistic approach allows ArborMetrix to be positioned in a unique niche and accelerates the movement of the healthcare system toward coordinated care, bundled payments, and value-based reimbursements," said Frost & Sullivan Research Analyst, Swathi Allada. "As value-based reimbursement becomes the norm, the analytical technique proposed by ArborMetrix could emerge as the ideal way of improving quality, while reducing cost."

Frost & Sullivan estimates that an average hospital in the U.S. has between 300-500 avoidable complications in general surgery per year, which costs around $11,000 per case to manage. This amount increases exponentially with multiple complications translating to nearly $4 million to $5 million unavoidable costs, for which no reimbursement is available. ArborMetrix has worked diligently on studying the market before developing its path breaking solution with far-reaching clinical and economic benefits.

In addition, extensive clinical research by ArborMetrix customers has demonstrated a remarkable return on investment (ROI) for facilities conducting multi-specialty procedures, including bariatric, oncology, hernia, and spine surgery. It helps organizations make decisions that improve surgical care, thereby increasing throughput and delivering quicker ROI. The company estimates that the average annual R&D spend over the next five years will be almost 35 percent of its revenue.

"ArborMetrix's growth path in the U.S. market mirrors the company's ongoing achievements, numerous early successes, and promising near-term prospects in several markets globally, including South America and Europe," noted Swathi Allada. "The universal acknowledgment of ArborMetrix's technology and product value validates the value proposition the company brings to the fields of acute and specialty care and the broader healthcare community as a whole."

Each year, Frost & Sullivan presents this award to the company that that has developed an innovative element in a product by leverage leading-edge technologies. The award recognizes the value added features/benefits of the product and the increased ROI it offers customers, which in turn increases customer acquisition and overall market penetration potential.

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

About ArborMetrix, Inc.

ArborMetrix, Inc., located in Ann Arbor, Michigan, provides a unique, cloud-based platform for performance measurement and clinical intelligence in acute and specialty healthcare. Based on its industry changing econometric research, ArborMetrix solutions deliver rigorous data analysis and actionable business insight while incorporating advanced proprietary risk and reliability adjustments. With valuable insights grounded in clinical evidence, ArborMetrix clients quickly achieve quality improvements and cost savings. For more information, visit www.arbormetrix.com, email [email protected].

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the Global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion

Join Us:           Join our community

Subscribe:       Newsletter on "the next big thing"

Register:        Gain access to visionary innovation

Contact:

Mireya Espinoza
P: +1.210.247.3870
F: +1.210.348.1003
E: [email protected] 

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
While DevOps most critically and famously fosters collaboration, communication, and integration through cultural change, culture is more of an output than an input. In order to actively drive cultural evolution, organizations must make substantial organizational and process changes, and adopt new technologies, to encourage a DevOps culture. Moderated by Andi Mann, panelists discussed how to balance these three pillars of DevOps, where to focus attention (and resources), where organizations might...
Amazon started as an online bookseller 20 years ago. Since then, it has evolved into a technology juggernaut that has disrupted multiple markets and industries and touches many aspects of our lives. It is a relentless technology and business model innovator driving disruption throughout numerous ecosystems. Amazon’s AWS revenues alone are approaching $16B a year making it one of the largest IT companies in the world. With dominant offerings in Cloud, IoT, eCommerce, Big Data, AI, Digital Assista...
After more than five years of DevOps, definitions are evolving, boundaries are expanding, ‘unicorns’ are no longer rare, enterprises are on board, and pundits are moving on. Can we now look at an evolution of DevOps? Should we? Is the foundation of DevOps ‘done’, or is there still too much left to do? What is mature, and what is still missing? What does the next 5 years of DevOps look like? In this Power Panel at DevOps Summit, moderated by DevOps Summit Conference Chair Andi Mann, panelists loo...
Artificial intelligence, machine learning, neural networks. We’re in the midst of a wave of excitement around AI such as hasn’t been seen for a few decades. But those previous periods of inflated expectations led to troughs of disappointment. Will this time be different? Most likely. Applications of AI such as predictive analytics are already decreasing costs and improving reliability of industrial machinery. Furthermore, the funding and research going into AI now comes from a wide range of com...
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devic...
We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA
21st International Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Me...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
SYS-CON Events announced today that Ayehu will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on October 31 - November 2, 2017 at the Santa Clara Convention Center in Santa Clara California. Ayehu provides IT Process Automation & Orchestration solutions for IT and Security professionals to identify and resolve critical incidents and enable rapid containment, eradication, and recovery from cyber security breaches. Ayehu provides customers greater control over IT infras...
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex software systems for startups and enterprises. Since 2009 it has grown from a small group of passionate engineers and business...
SYS-CON Events announced today that GrapeUp, the leading provider of rapid product development at the speed of business, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company, specialized in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market acr...
"We are a monitoring company. We work with Salesforce, BBC, and quite a few other big logos. We basically provide monitoring for them, structure for their cloud services and we fit into the DevOps world" explained David Gildeh, Co-founder and CEO of Outlyer, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 21st Int\ernational Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive advantage. By offering a suite of proven hosting and management services, Enzu wants companies to focus on the core of their ...
DevOps at Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to w...