Sweeney Among the Florence Nightingales: Wireless Health Pioneer Jim Sweeney Customizes iTouch for Patient Care

10/6/11Follow @bvbigelow

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time (between 34 and 38 percent of their shifts) documenting patient care and feeding the hospital’s legacy information system.

Joe Condurso

“We’re trying to give nurses back [their] time,” Condurso says. “The advent of mobile platform computing that’s patient-centric and centered on the documentation of all the required information becomes a byproduct, if you will, of the actual care delivered—and we think we can cut that documentation time in half.”

Explaining the underlying concept, Sweeney asks, “When was the last time you memorized a phone number? Hospitals are still forcing nurses to memorize phone numbers metaphorically, instead of using computers to do what computers do—which is capture and record data, and alert you when you need to do things. Why should I as a nurse have to remember that I’m supposed to do something for this patient at 10:07 and then again at 2:32? A computer can tell me to do all that.”

While most of the technology is software-based, Sweeney says PatientSafe spent $1 million with IDEO, the Bay Area design and innovation consulting firm, on product design to make the PatientTouch an all-in-one product. Sweeney also has increased the company’s headcount to more than 100 employees, with about 65 in PatientSafe’s San Diego headquarters.

Since 2003, the company has raised a total of $73 million from venture investors led by Texas-based TPG, including a $30 million round disclosed in 2010, Sweeney says he sees no need to raise additional capital at this time. As of August, PatientSafe had about 60 hospitals under contract throughout the U.S., with about 25 of those projects completed.

“We do all of our own hospital implementation and installation,” Sweeney says. “We’re generating revenue and are forecast to be at break-even next year.”

For the time being, Sweeney says he sees “no direct competition with a handheld device that is even in the neighborhood” of the company’s device.

“I’d say the biggest risk,” Sweeney says, “is the attention span of decision-makers in hospitals, who have been subsumed by reacting to the demands being made by government.” The foremost example, Sweeney says, is meeting the … Next Page »

Bruce V. Bigelow is the editor of Xconomy San Diego. You can e-mail him at bbigelow@xconomy.com or call (619) 669-8788 Follow @bvbigelow

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  • http://louden.net Teri Louden

    Bruce,
    Just read your article on Jim and wanted to give you a big thanks for recognizing his leadership of the wireless healthcare industry, and even moreso, his amazing medical entrepreneurial leadership! I have known Jim for years and had the pleasure to work with him both as a consultant and then as one of the early members of the CardioNet senior management team…I was the one who went to Philadelphia to launch our 24/7 monitoring and service center and took the first patients. Came back to San Diego to work with Jim on more fundraising and business development for CardioNet. I consider working with Jim one of the highlights of my long career in healthcare. He is not given the recognition due enough, so I was so excited to see your article!

    Teri Louden
    President
    The Louden Network
    1520 1st Street, #L302
    Coronado, CA 92118
    cell: 619-894-8374
    connect@louden.net
    http://www.louden.net
    Thinking Differently About Healthcare®
    Time For Balance®
    http://www.TimeForBalance.com

  • http://www.portablegenomics.com Patrick Merel

    Congratulation Jim and Joe, for your achievement in the wireless healthcare community ( i fully agree with Teri’s comments) and for the concept behind PatientSafe.

    I love the “Apple of Wireless health” mantra as we hope ourself to reveal soon Portable Genomics concept, as the “Apple of Wireless Genomics”. ;-)

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  • http://www.facebook.com/james.kasanos James Kasanos

    Man fuck jim sweeney bitch ass is a piece of shit james kasanos jr. Says so

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