Tech Startup Aims to Cut Out Medical 'Stumbling Block'
CARMEL - As healthcare continues to evolve, a Carmel-based tech startup is rising to meet one rapidly-changing facet of the industry's business model. Olio develops software that it says helps providers at every stage of care communicate more effectively. Chief Executive Officer Ben Forrest says the platform his growing company has developed overcomes the traditional stumbling block of sharing information on a patient's recovery among multiple caregivers, health systems and facilities from start-to-finish.
In the Business of Health, Forrest told Reporter Kylie Veleta the technology focuses on creating "one like space" to streamline communications. "We've automated therapy feedback," said Forrest. "Right now, therapists are filling out tedious fax forms and sending them off to hospitals, hoping that that data is relayed correctly and it's a bit of a messy process. We've automated it, made it simple, and (we're) really excited to bring these products to market, so we can ultimately improve patient outcomes."
Forrest says the software can be tailored for different types of procedures. The young company currently employs 15, a jump from the five founders that launched it. The company will roll itself out nationally in January. "We have several local orthopedic organizations, private-practice orthopedic groups, and hospitals with strong interest here in the state of Indiana, but we're gearing up for bigger things -- a national launch where we can really drive to hit our revenue goals that we have set for ourselves," Forrest said.