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Jump Technologies® recognized in the Gartner® Hype Cycle™ for Real-Time Health Systems Technologies, 2023


News provided by

Jump Technologies

Aug 29, 2023, 10:40 ET

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Jump Technologies was mentioned by Gartner as a Sample Vendor in Real-Time Health Systems Technologies (RTHS) Supply Chain category. JumpStock product family helps hospitals eliminate waste, generate revenue, reduce staff time, and improve patient outcomes.

EAGAN, Minn., Aug. 29, 2023 /PRNewswire-PRWeb/ -- Jump Technologies, Inc. (JumpTech), a leading hospital supply chain solutions and analytics company, today announced that it was mentioned by Gartner in its report "Hype Cycle for Real-Time Health System Technologies, 2023." According to Gartner, "This Hype Cycle includes technologies pivotal to the real-time health system vision. It is an essential reference for CIOs when assessing the value and impact of technologies that digitally transform the healthcare organization into a responsive, collaborative, smart, next-generation health system."

JumpTech, was mentioned as a Sample Vendor for the RTHS Supply Chain category. Gartner states that "The RTHS supply chain uses up-to-date operational intelligence derived from contemporary clinical and patient activity to implement a dynamic and responsive health system supply chain. It changes the health supply chain from a siloed, cost-focused, historical process to a more end-to-end, optimized, orchestrated, real-time service. A rapidly evolving reimbursement landscape, increased adoption of alternative delivery models (such as virtual care), and a looming economic downturn all impact supply chain planning and operations. The healthcare provider supply chain must be responsive to these changes and evolve accordingly. The RTHS supply chain model enables healthcare supply chain leaders to implement a clinically integrated, automated, and predictive supply chain that is closely aligned with patient care activity," writes Gartner analyst Barry Runyon in the report.

We believe that the Gartner recognition is a testament to our platform's ability to help hospitals improve their financial performance. This comes at a crucial time as hospital costs have skyrocketed and elective procedures remain below expectations.

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Jump Technologies' solutions help hospitals undertake their journey toward achieving their revenue and cost objectives by providing a total solution for managing and tracking materials from the moment they land on the dock, until they are consumed by the patient. Hospitals using the platform can reduce stockouts, reduce time staff spends in par locations, reduce the waste associated with bad preference cards, identify revenue leakage in their ORs and get an understanding of how physicians are using materials in their cases. The results include better financial performance for the hospital, and improved care for their patients.

"We're thrilled to be identified as a Sample Vendor in the Gartner Hype Cycle report for RTHS," said John Freund, President and CEO of Jump Technologies. "We believe this Gartner recognition is a testament to our platform's ability to help hospitals improve their financial performance. This comes at a crucial time as hospital costs have skyrocketed and elective procedures remain below expectations. Hospitals have never been under the type of financial pressure we see today. We thank Gartner for their thoughtful analysis and look forward to working with hospitals to help them achieve their financial and patient care goals."

Visit http://www.cutcost.today to help understand the financial impact of implementing real time health system technologies in a hospital.

*Gartner, Hype Cycle for Real Time Health System Technologies, 2023, Gregg Pessin, Barry Runyon, July 2023.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and HYPE CYCLE is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's Research & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Jump Technologies
Headquartered in Eagan, MN, Jump Technologies creates safe, simple, and cost-effective solutions that help hospitals reduce stock outs, overordering, and waste, while increasing revenues and improving patient care. The company's JumpStock solution facilitates data-driven decision making that allows hospitals to save time, free up cash, and improve nurse satisfaction with supply chain. To learn more, visit http://www.jumptech.com or call (888) 373-7226. Follow Jump Technologies on LinkedIn and Twitter @JumpTechNews.

Media Contact: Barb Tabor, APR / (651) 230-9192 / [email protected]

Media Contact

Barbara Tabor, Jump Technologies, 651-230-9192, [email protected], www.jumptech.com

SOURCE Jump Technologies

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