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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.”
Thursday, May 29, 2014
BY COURTNEY SHERWOOD
Business and civic leaders weigh the risks and rewards of going green.
Friday, June 27, 2014
BY JASON NORRIS | OB BLOGGER
Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.
Wednesday, May 28, 2014
More than 350 people turned out today for Oregon Business magazine’s sixth annual celebration of the 100 Best Green Companies to Work For in Oregon.
Thursday, May 29, 2014
BY JESSICA RIDGWAY
Brad Baker, CEO and co-founder of Works Electric, is a good husband. His wife, an OHSU employee, sought a more efficient way to commute up Marquam “Pill” Hill, so she asked Baker to build a transportation solution.
Thursday, May 29, 2014
BY MIKE GREEN
An old profession is new again.
Tuesday, May 27, 2014
Oregon is known for its green-minded citizens, and many workers are attracted to firms and organizations that practice green, not just pay lip service to it.
Wednesday, July 09, 2014
BY LINDA BAKER | OB EDITOR
Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.
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