Carmel, Indiana (PRWEB) May 14, 2016
PolicyStat LLC, (http://www.policystat.com) the leading provider of policy lifecycle management solutions for healthcare organizations, is pleased to announce that it is off to a strong start in 2016. In addition to adding over 100 new facilities to its customer base and turning in a solid financial performance in Q1, PolicyStat was once again chosen as one of the “Best Places to Work in Indiana” for 2016.
PolicyStat’s Q1 highlights include:
- New customers in all areas of healthcare including ambulatory surgery centers, hospitals and health systems, assisted living centers, laboratories, as well as others;
- Significant expansion of usage within existing customers as they find new uses for the PolicyStat solution across many areas of their businesses;
- A committed and loyal customer as illustrated by an ongoing retention rate above 99%;
- A committed and loyal team whose surveys propelled PolicyStat into the elite group of “Best Places to Work in Indiana” for the third consecutive year; and
- A financially strong business model that continues to both fund itself and deliver impressive monthly recurring revenue growth.
“Adoption of our solution continues to be very strong across all segments of the heath care market from hospitals and health systems to labs to all areas of the post-acute market,” said Steve Ehrlich, President of PolicyStat. “We manage vital information of all types, and this is best demonstrated by our customers’ widespread use of our solution for much more than just policy and procedure management – our customers find it just as easy to manage contracts, physician order sets, employee evaluations, forms, and many other types of information that formerly required a word processor, or worse yet, paper. We live in a post-document world, and our customers expect to access all types of information from any device wherever and whenever they need it. PolicyStat delivers on this need with an-easy-to-use platform with unmatched functionality built on leading edge technology. We are incredibly grateful to our customers, our team members, and all of our stakeholders for their support and commitment to making PolicyStat a great company.”
ABOUT POLICYSTAT LLC:
PolicyStat LLC is an Indiana-based corporation providing an industry-leading policy lifecycle management solution for healthcare organizations. The PolicyStat solution increases productivity while simultaneously enhancing quality and compliance management. PolicyStat’s Software-as-a-Service (SaaS) offering enables short customer deployment timelines by both minimizing IT staff involvement and providing vital implementation services. For more information, please visit our website at: http://www.policystat.com.