Vatorx2
Metrix Health, Inc.
Location: 1370 Willow Rd, Menlo Park, California, United States United States
Founded in: 2014
Stage: Alpha (prototype)
Number of employees: 6-15
Short URL: vator.co/metrix-health-inc
Vatorx1

Metrix Health, Inc.

Better Data. Smarter Doctors.
Startup/business
Menlo Park, California, United States United States
http://www.metrixhealth.net
1
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Company description
Metrix Health is an “Internet of Things” (IoT) and Big Data Analytics company focused on improving productivity and profitability at community hospitals, outpatient surgery centers, and private-practice clinics.

PROBLEM:
Time is precious. Our solution helps doctors treat more patients in less time and at lower cost.

INDUSTRY CONTEXT:
Affordable Care Act = More Patients, Less Revenue
New Healthcare Reporting Requirements = Higher Cost

SOLUTION:
More Patient Care. Less Paperwork. Lower Cost.
- predictive case scheduling = more cases
- optimized staffing and inventory management = lower costs
- automated documentation and compliance fulfillment = less paperwork

PRODUCT:
Metrix Proximity
- Individualized IoT Sensor network allows for accurate indoor position and real-time monitoring of workflow for Every Patient, Every Provider, Every Asset and Every Location in the client's healthcare facility

Metrix Insights
- IoT data is joined with financial and clinical data to generate actionable healthcare intelligence for critical operational, clinical and financial metrics in anyhealthcare setting

CUSTOMER VALUE PROPOSITIONS:
1) Transform IoT sensor data into valuable, actionable healthcare intelligence that automates and streamlines staffing and scheduling practices through machine learning.

2) Real-time awareness of clinical, financial and operational metrics – without any change in clinical practices -- improve profitability and workflow efficiency.

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Team
  • Mathew Thomas, MD
    Mathew Thomas, MD | Founder
    Physician with expertise in quantitative analysis and statistics. My current area of interest is boosting physician productivity, reducing medical errors, and optimizing/standardizing/automating clinical practice through software-based applicatio...
  • Michael DeLong
    Michael DeLong | Founder
  • Joseph Chui
    Joseph Chui | Founder
    Joseph is the CTO of Metrix Health, Inc. He brings more than 15 years of experience in architecting and developing productivity applications in various regulated industries such as Healthcare, Defense, Robotics, and Finance.
Business model
Healthcare efficiency sold as a fully-managed service for healthcare facility owners. 
Competitive advantage

IoT hardware built and optimized exclusively for actionable analytics that reduce operating costs and improve revenue for our customers.

No upfront capital expenditure.

Fully managed hardware and analytics with simple annual subscription.