QGenda (a Hearst company and a leader in healthcare scheduling and optimization software) announced it has acquired New Innovations, the largest provider of residency management software (RMS).
This deal expands QGenda’s healthcare workforce management solutions to include comprehensive management of the resident and fellow training lifecycle, from onboarding and evaluations to scheduling and value-based reimbursement.
Hospitals and health systems widely use New Innovations’ software to manage all aspects of their physician graduate medical education programs. And this integration will enable QGenda’s customers to more efficiently maintain accreditation, successfully graduate residents, and secure reimbursement for residency programs.
KEY QUOTES:
“The addition of New Innovations strengthens our commitment to delivering a single workforce management platform that enables our customers to address the specific needs of each member of the healthcare workforce, now including residents. Delivering a more seamless integration with New Innovations enables a single source of truth for workforce management data and insights across the entire care team. Additional investments in AI solutions to streamline resident evaluations and enhancements to mobile capabilities will help to eliminate the time-consuming, manual process of managing providers and residents across two separate systems.”
Greg Benoit
“New Innovations has partnered with residency programs for more than 25 years, empowering medical educators and administrators to provide quality medical education. By joining forces with QGenda, we’re able to deliver greater value to our combined customers. QGenda shares our unwavering commitment to supporting hospitals and health systems but also brings a deep expertise in healthcare. Their singular focus on addressing the complexities of managing the healthcare workforce makes this partnership an exciting opportunity to amplify our impact and better serve our customers.”
Steve Reed