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|Articles - July/August 2012|
|Monday, July 09, 2012|
BY LINDA BAKER
Doctors today face increasing regulatory documentation requirements that involve entering every lab test and prescription into a computer, a cumbersome process that often means leaving the patient alone. Ashland startup Montrue Technologies has created an iPad-based documentation tracking system for emergency room doctors. The goal, says CEO Brian Phelps, is to “get technology out of the way” so medical staff can focus on “the heart of the matter” — the doctor-patient relationship. Called Sparrow EDIS, the system features patient tracking, order entry, discharge planning and prescribing — all accessible via iPad from the patient’s bedside.
Designed to meet the needs of doctors and nurses, the system also offers hospital executives a return on investment by capturing charges associated with different tests and procedures. Sparrow EDIS should boost those charges by $40 per patient, the bulk of which comes from improved “tap documentation” of IV start and stop times, Phelps says. Sparrow should also qualify for incentives under the federal HITECH Act, which gives hospitals money for implementing electronic records. The system is part of a pilot at Ashland Community Hospital, and Montrue is negotiating with other “visionary customers,” Phelps says. “We just need to seal the deal with actual contracts.”
COMPANY: Montrue Technologies
PRODUCT: iPad-based emergency room information system
CEO: Brian Phelps
AT A GLANCE: Three full-time employees, several independent contractors. Landed $200,000 from the Willamette Angel Conference in 2011, $160,000 from a 2012 Southern Oregon Angel Investment prize and $22,000 in private investment.
BACKSTORY: “The feeling you get when you use our application is one of lightness and simplicity that is almost deceptive. That’s what Sparrow conveys. ‘Montrue’ is a French word meaning ‘that upon which something is mounted.’ It’s also a contraction of the French words for mountain and street. Our headquarters are on Mountain Avenue.”
Monday, July 07, 2014
BY TOM COX | OB BLOGGER
Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.
Friday, June 13, 2014
BY CLIFF HOCKLEY | OB GUEST BLOGGER
This article summarizes the key considerations a building owner must keep in mind when thinking about leasing to a medical marijuana dispensary.
Tuesday, July 08, 2014
BY LINDA BAKER | OB EDITOR
The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment.
Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.
Tuesday, June 03, 2014
Citing the transition to catch shares management as a key to rebuilding stocks and reducing bycatch, 13 species caught by the West Coast trawl fishery today earned designation from the Marine Stewardship Council (MSC) as sustainable.
Monday, July 14, 2014
BY TERRY "STARBUCKER" ST. MARIE
I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.
Wednesday, July 02, 2014
BY JESSICA RIDGWAY | OB WEB EDITOR
Dress for Success Oregon promotes the economic independence of disadvantaged women by providing professional attire, a network of support and career development tools.
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
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