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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, June 26, 2014
BY ERIC FRUTS | OB BLOGGER
Last year, the housing market in Oregon—and the U.S. as a whole—was blasting off. The Case-Shiller index of home prices ended the year 13% higher than at the beginning of the year. But, was last year a blip, or a trend?
Monday, July 14, 2014
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I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.
Thursday, June 26, 2014
Tuesday, July 01, 2014
BY HANNAH WALLACE | OB BLOGGER
Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.
Monday, June 30, 2014
Oregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.
Thursday, July 24, 2014
BY LINDA BAKER | OB EDITOR
Remember the naysayers? Those who called the South Waterfront aerial tram a boondoggle? Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?
Monday, July 14, 2014
BY VIVIAN MCINERNY | OB BLOGGER
Some people think Amazon’s winking eye logo is starting to look like a hoodwink.
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