
Compressus
Medical software company providing interoperability solutions.
Date | Investors | Amount | Round |
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investor investor | €0.0 | round | |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
N/A | Acquisition | ||
Total Funding | 000k |
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Founded in 2000 by John M. Falk, Compressus operates as a data integration and management platform for healthcare providers. The company's core intellectual property was initially designed for the U.S. Air Force to route time-sensitive medical images from military field operations. This foundation led to the development of its flagship product, MEDxConnect, a software solution that addresses medical imaging workflow and interoperability challenges across departments like Radiology, Cardiology, and Pathology. The company was acquired by Versata on December 24, 2015.
The business provides a software solution that connects disparate diagnostic acquisition devices, Picture Archiving and Communication Systems (PACS), Hospital Information Systems (HIS), and other departmental information systems. This allows healthcare organizations to create a unified and streamlined workflow. By acting as a central communications hub, MEDxConnect presents clinicians with relevant electronic patient information, clinical data, lab results, and medical images through a single, personalized virtual worklist. This approach is designed to improve productivity by 10% to 30%, with customers often achieving a return on investment in 6 to 15 months. The business model is based on selling this enterprise software solution, which can be deployed on-premise or in private and public clouds.
The MEDxConnect platform is built to be highly configurable, featuring a rules engine that automates workflows, such as auto-routing studies for subspecialty readings. Its core component, the Medical Message Mediator (M3), uses standards like HL7 and DICOM to control the flow of information between otherwise incompatible systems. This integration eliminates manual data re-entry and accelerates the healthcare delivery process. The platform includes several modules, such as an Order Mediator for facilities without a RIS/HIS, and a Document Mediator to digitize non-electronic documents. The system uses patented algorithms to balance work assignments across the enterprise by considering clinician availability and service level agreements, ultimately improving turnaround times and operational efficiency.
Keywords: medical imaging workflow, healthcare interoperability, data integration platform, MEDxConnect, PACS integration, RIS connectivity, HIS integration, clinical workflow automation, virtual worklist, medical message mediator, teleradiology solutions, healthcare IT, enterprise imaging, clinical data management, physician productivity, subspecialty routing, healthcare rules engine, diagnostic workflow, John M. Falk