Configo Health, a company developing artificial intelligence-powered data analytics solutions for pediatric healthcare facilities, launched Nov. 18 with the announcement of Texas Children's Hospital and Children's National Hospital as founding investors.
Configo Health extracts administrative data from pediatric hospitals to create a comprehensive dataset of near-real-time benchmarked data. The HIPAA-protected information is available for use by patients, public ratings organizations and pediatric care facilities, which can use the compiled performance data to reduce readmissions and improve outcomes.
"Today's six-month lag for benchmarked pediatric outcomes data just isn't acceptable. Configo's move to near-real-time insight will be a game changer for driving improvement," Eric Williams, MD, system chief quality officer at Houston-based Texas Children's Hospital, said in the announcement. "Quicker access to this validated data means more decisions can be made bedside, leading to improved outcomes for the patients and families we serve."
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