Carmel, Indiana-based health information technology company PolicyStat received the Health Tech Award for its policy and procedure management software-as-a-service during the 15th annual TechPoint Mira Awards honoring the best of tech in Indiana. The software was created in 2006 to meet the need for a better way to handle policies and procedures in healthcare organizations; such as one central location, a streamlined review process, automatic alerts, and a comprehensive audit trail.
Through constant product development and ever-changing market needs, PolicyStat has expanded its offering into a full healthcare document management solution that saves staff time, energy, and money while improving quality, compliance, and risk. With a focused effort, PolicyStat has become a leader in policy and procedure management software.
The Mira Awards judges believe PolicyStat truly emerged as the force in policy and procedure management software for health information technology with nearly 500 customer deployments in 2013. The PolicyStat solution is a complete solution that provides tremendous customer value in one of the most heavily regulated industries.
More than software-as-a-service, PolicyStat actually changes the way organizations capture and disseminate knowledge, which has led to more transparency, greater accountability, and better outcomes.
TechPoint, Indiana’s technology growth initiative, honored PolicyStat and 14 other Indiana-based companies, entrepreneurs and educators for their technology excellence and innovation on May 3, at the Mira Awards gala presented by BKD CPAs & Advisors. Mira — Latin for miracle and a variable star thousands of times brighter than the Earth’s sun — represents the best of tech in Indiana each year.
Forty-eight independent, volunteer judges spent more than 700 collective hours reviewing the applications, interviewing the nominees and choosing the 15 winners. Judges were primarily subject matter experts and experienced company executives.
PolicyStat is part of a larger Central Indiana health information technology business cluster that is leading the nation in electronic health records. In a February report by the American Public Health Association summarizing the challenges to electronic health record adoption and meaningful use requirements based on nationwide data from more than 43,000 unique healthcare providers, Indiana is the only state in the country that reported zero challenges to achieving the government’s meaningful use objectives.