Viewics Lands Nationally Ranked Academic Medical Center and Raises Financing from Leading Silicon Valley Investors
Sunnyvale, California (February 12, 2014) – Viewics, Inc. is pleased to announce University Hospitals Case Medical Center in Cleveland, Ohio is now live with Viewics Health Insighter (VHI) as a business intelligence solution to service their rapidly changing, data analytics needs. At this point, the VHI solution has been deployed across the Clinical and Anatomic Pathology Departments, which had immediate needs for enhanced data mining and analytical capabilities.
Don Landek, Administrative Director of Pathology for University Hospitals Case Medical Center, provided the following quote about his experience using VHI: “Before Viewics, it took us 3 hours to run our reports. Now, we can create reports in 30 seconds and without dependency on our internal IT resources – saving us time, money, and truly giving us unfettered access to information we need to make vital business decisions.”
VHI delivers a standardized suite of analytics tools that give users instant access to the data they need without the time, expense, and hassle of developing an internal BI infrastructure.
“We chose Viewics because it gives us the ability to monitor trends and identify attrition risks within our client base at a fraction of the cost it would have taken to build a business intelligence solution in-house. Viewics allows us to be proactive and address issues and concerns before they impact our bottom-line,” said Don Landek.
By adopting VHI, this highly regarded academic medical center is further enabled with insights into the key performance indicators that drive better patient care at decreased costs.
Viewics is also proud to announce that a group of investors, led by Morado Ventures Farzad Nazem, former Yahoo CTO and Yahoo’s founder and former CEO, Jerry Yang and his venture capital group, AME Cloud Ventures, are now both investors in Viewics. This group of investors offers Viewics a unique and genuine set of resources, including business advice and access to broad networks of mentors and international partners. Viewics will be using their support to add new product features to Viewics’ analytics solutions, as well as expand its sales and support teams to serve healthcare business intelligence demands.
“The healthcare industry is undergoing a critical transformation from fee-for-service towards bundled payments and capitation.The need to enhance quality of care while reducing costs has put significant pressure on providers and payers,” said Farzad Nazem, Morado Ventures. “Viewics’ solutions sort through the torrent of complex data and deliver actionable analytics to all stakeholders.”
About AME Cloud Ventures
AME Cloud Ventures focuses on seed-to-late stage companies that build infrastructure and value chains around data. They love technology-heavy companies gathering and creating unique data at every stage of the data stack — from infrastructure all the way to applications, mobile, and sensors. AME believes great people are the key to a company’s success so they strive to find and support true entrepreneurs.
About Morado Ventures
At Morado, we believe the real power of the internet will be unleashed over the next 10 years. Today’s internet is just scratching the surface of its potential. We’re looking for bright, passionate teams who are taking big leaps. While there may be value in creating something that’s incrementally better, that type of advance is not our focus. We’re committed to investing in companies that are disrupting existing businesses with the power of internet technology
About University Hospitals Case Medical Center
University Hospitals Case Medical Center is a 1,032-bed tertiary medical center specializing in adult/pediatric medical and surgical specialties. Serving northeast Ohio for more than a century, University Hospitals Case Medical Center has been a leader in patient care, teaching, and research. The medical center is one of only 18 hospitals in the country to have been named the Best Hospitals 2013-14 Honor Roll by U.S. News & World Report.
Viewics, Inc. has a common vision and mission with laboratories for data-driven process improvement. Based in the heart of Silicon Valley, Viewics is an innovator in healthcare analytics and business intelligence. The company’s flagship product, Viewics Health Insighter (VHI), is a cloud-based, software-as-a-service tool that delivers a quick ROI to enable organizations to drive enhanced operational, clinical and financial outcomes.
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