Incubate Miami Archives - Serious Startups

Incubate Miami Startup: iCare Intelligence Optimizing Patient Information

iCare Intelligence, a highly promising innovative software company coming from Incubate Miami’s 2012 Class, is on the path to become one of the most important Health Care related startups emerging from South Florida in recent years. This is due to the magnitude of the problems it solves and the caliber of the team at its helm.

iCare intelligence is a data analytics and workflow collaboration cloud-based platform. The software increases the accuracy of the patient information while it changes hands between the government, insurance companies, and the doctors. The system optimizes profits and minimizes inefficiencies for every party involved in the health care value chain. iCare Intelligence data analytics work in coordination with Electronic Medical Record (EMR) systems, feeding key data to health care practitioners. The brainchild of iCare Intelligence is industry veteran John Suarez, with 11 years of domain expertise in the health care sector across the functional areas of information systems and operations.

John Suarez explains from his Incubate Miami workstation: “There is an estimated 10-20% loss of revenue for both insurance companies and doctors due to inaccurate patient information. The current structure depends on human intervention and many important pieces of information are being lost along the way. Our platform brings real time data into this complex and fragmented exchange of information, to provide insurance companies with proactive solutions to costly compliance errors. This thereby maximizes insurance company payouts and reduces their level of risk. As the entire fee for the service is paid for by the insurance companies and management service organizations, doctors will receive the benefits of the platform free of charge”.

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Miami Startup: Kipu Systems, Transforming The Substance Abuse Industry

Tobias Franoszek, the CTO and Co-Founder of KIPU Systems, a cloud-based records management system for the substance abuse industry, is no stranger to startups and technology. In the mid-nineties he achieved great success with CONCEPT!, a Frankfurt stock exchange digital interactive agency, were as Client Services and Technical director he led the technological growth of the company from 4 to 250 employees. At the turn of the decade, Concept identified the growing Latin-American Tech Sector in Miami and he was delegated as the Managing Director for the Region. As history goes, not long after he began his tenure the burst of the dot come bubble occurred. He endured it after obvious adjustments, and then adopted Miami as his hometown transitioning into technological consulting and various other digital service offerings.

In the beginning of 2012 Tobias was contracted by The Right Place Residential Detox center to evaluate electronic medical records systems. After reviewing more than 30 vendors he couldn’t recommend any of the solutions evaluated and instead offered to create one – and so the journey to create KIPU SYSTEMS began.

Not surprisingly, Tobias witnessed huge inefficiencies while studying the procedures in place and it became a big motivating factor for him, as he says: “to begin with, the detox industry is not easy to manage because each patient is different and the procedures change according to the type of addiction, age, sex, consent of guardians, you name it, and it’s not easy for the caregivers to keep up with all the paperwork, so it became an opportunity to improve upon an antiquated system.” Today KIPU is completely functional at The Right Place Residential Detox center where it has proved that its implementation reduces Initial Evaluations, Patient Intake, and Doctor Review times by more than 50%.

And the reasons for this improvement can be seen at the center on a daily basis. Now caregivers use an iPad with the Kipu software to process sign-in information and every other procedure they implement on their daily routine, whereas before the norm was endless paper handling. But one of the most impressive achievements of the KIPU team is the transition from manual “bed boards” into “electronic bed boards” (this boards show the current census, bed assignments, and incoming and leaving patients, at any given moment). This means caregivers no longer have to write and erase information on whiteboards; instead the system creates the electronic version in real time. No wonder KIPU is the subject of adoration at the center.