Derive Technologies

Increased patient volume has long been a prevalent issue in healthcare. With every flu season, hospitals nationwide have adapted and converted facilities to accommodate a swell of patients. While COVID-19 hospitalizations have been in a decline since mid-January, facilities still expect volume surges due to missed check-ups, delayed treatments, and mental health tolls suffered during the pandemic.

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An estimated 1 in every 2,326 blood specimens are inaccurately labeled, translating into a recurrent error risk once every two weeks for a standard-sized hospital.

Specimen and patient misidentification have been age-old issues in healthcare, stemming from a variety of shared issues such as:

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A mere five years ago, telehealth was slowly making its presence known, used by less than 20% of healthcare facilities in the U.S. However, during the coronavirus outbreak, that number skyrocketed 154% within the first weeks of April.

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Before the pandemic, new healthcare technologies such as telehealth and clinal mobile devices were already making an impact worldwide. However, now as we continue to move through unprecedented demands, the push for innovation has been superseded by the need for agile practicality. Results shared at the Becker’s 5th Annual Health IT + Revenue Cycle Conference indicate that healthcare facilities both big and small are still struggling with:

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This month, Kirit Desai, Derive Technologies' CEO, and our company, were were recognized as Carey Gabay Excellence and Innovation Awardees, which celebrate New York certified Minority and Women-owned Business Enterprises (MWBEs) for their "entrepreneurial spirit, commitment to innovation and efforts to strengthen their communities." The honor, from NYS Empire State D

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In an interview for Intalere, Vince Splendido, Assistant Vice President of Allied Services, responsible for materials management and revenue cycle, discussed his introduction to Derive Technologies (and our dedicated Derive Healthcare practice). Allied Services is the leading provider of healthcare and human services for northeastern Pennsylvanians with disabilities and chronic illness. During a growth phase, Allied was, according to Mr.

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Derive Technologies, encompassing our dedicated Derive Healthcare practice, was a sponsor of and a participant in the Thirteenth Annual Healthcare Materials Management Society of New Jersey (HMMS-NJ) John Brede Memorial Golf Outing. The event took place on Sept. 10, 2019, at the Cranbury Golf Club in West Windsor, NJ.
 
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A recent study of nurses from the National Center for Biotechnology Information of the U.S. National Library of Medicine suggests "they spend only 37% of their time with patients; much of the rest is consumed by administrative tasks," according to an article this week (September 15) in Forbes. The article stated these administrative and financial tasks are the subject of intelligent automation efforts by long-time Derive Technologies client New York-Presbyterian Hospital, an academic medical center based in New York City.
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All of us at Derive Technologies, including the members of our dedicated Derive Healthcare practice, pay tribute, on the 18th anniversary of the 9-11 tragedy, to the men, women, and children who lost their lives in and around the World Trade Center. We honor them, their families, survivors of the tragedy, and continue to extend our deep appreciation for all responders -- first and ongoing (police, firefighters, emergency medical services, military, thousands of civilian volunteers and others) -- who risked everything to help those in need.
 
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This week’s Microsoft Inspire 2019 partner conference, held at the Mandalay Bay in Las Vegas, has been an intense series of non-stop keynotes, breakout sessions, one-on-one discussions with Microsoft executives, and meet-and-greet opportunities with partner providers.

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