TAMPA, Fla.--(BUSINESS WIRE)--iProcedures was selected from more than 500+ nominees for Florida Companies to WatchSM, a statewide program managed by economic development group GrowFL, in association with the Edward Lowe Foundation. iProcedures is among 50 statewide companies expected to see significant growth over the next several years.
iProcedures’ management team, competitive market position and strong community involvement were among several factors that put them in contention for the award.
“These stand-out companies are all led by entrepreneurs, and have demonstrated their capacity and intent to grow,” said Dr. Tom O’Neal, executive director of the Florida Economic Gardening Institute and associate vice president for the University of Central Florida’s Office of Research and Commercialization. “They also all have critical intellectual property or a niche position that gives them a competitive edge in their markets,” he said.
“We are honored to win this award, and it is a great privilege to help provide job growth and make a positive impact in the city and state that we love. We pride ourselves on being a local company with a global reach, and we hope to continue to grow our company and improve our community over the next several years,” said Raj Popuri, CEO of iProcedures.
iProcedures has revolutionized the way anesthesia is charted today. Over the last decade, the number of procedures outside of the operating room has significantly increased. As such, legacy EMRs were not equipped to handle these non-operating room anesthesia cases without significant costs, slow-downs, and gaps in data collection. In order to solve the issues facing anesthesia providers, iProcedures created the first anesthesia charting system on a mobile device.
This mobile solution offers providers a lower cost alternative but with all of the functionality desired. Plus, the data collected can be analyzed to improve patient care and practice efficiency.
Anesthesia documentation requires a solution that can handle the fast-paced, ever-changing nature of this industry. Using feedback from thousands of users, iProcedures created an easy-to-use and customizable solution to meet the needs of every anesthesia practice.
Economic Impact of 50 Winning Companies
2017 Florida Companies to Watch Honorees
From 2013 through 2016, these companies generated more than $1 billion in revenue and added more than 1,300 employees, reflecting a 137 percent increase in revenue and 219 percent increase in employment for the four-year period. That translates into a 30 percent annual growth rate for revenue and a 50 percent annual growth rate for employment.
These companies project continued growth in 2017, with a 53 percent revenue increase and 36 percent growth in employment compared to 2016. If their projections hold, these companies will have generated $1.6 billion in revenue and added more than 2,000 jobs over the last five years — a 262 percent increase in revenue and 333 percent increase in jobs since 2013.
iProcedures will be officially recognized October 14, 2017 at the Straz, Tampa, FL. For more information, visit growfl.com/flctw17.
iProcedures is a perioperative data management company that utilizes cutting edge technology to deliver a variety of innovative solutions to help fill the critical gaps in electronic perioperative documentation and improve patient care. iPro Anesthesia is the top ranked Anesthesia solution according to the 2016-2017 Best in KLAS: Software and Services Report. To learn more, please visit www.iprocedures.com, or contact Jesse Rose at (813) 402-1975 or via email at Jesse.Rose@iprocedures.com.
GrowFL was created in 2009 as an economic development program focused on assisting second-stage growth companies prosper in the state of Florida. GrowFL is a statewide economic development organization certified by the National Center for Economic Gardening through the Edward Lowe Foundation. GrowFL has assisted more than 1000 companies through the Strategic Research and CEO Roundtable programs and recognized 300 successful entrepreneurs through the annual awards program, Florida Companies to Watch. Learn more at www.GrowFL.com.