Tecsys Introduced TecsysIQ to Discover AI-Powered Insights in the Healthcare Supply Chain

New Technology

A popular supply chain management solution provider, Tecsys Inc., launched a new technology, Tecsys IQ. It is a cloud-native intelligence layer that supports healthcare organizations by providing a unified fragmented data and AI-powered insights to financial, clinical, and operational systems. The technology is strongly built on the Databricks data intelligence platform. TecsysIQ provides a modern analytics foundation that elevates the development of AI applications and data-driven decisions, focusing on patient care and improving the healthcare system. The healthcare supply chain inherently involves multiple stakeholders and systems. The intricacy might make it difficult to fetch the right information. TecsysIQ integration of advanced analytics and data intelligence provides a health system to combine data from inventory systems, trusted third-party sources, EHRs, procurement platforms, and ERPs. The government environment contributes to planning, responding, and forecasting.

With the technological feature of predictive intelligence and machine learning, TecsysIQ provides healthcare organizations with an improved clinical service. It also enables the automation of data harmonization in several departments and systems. The involvement of third-party data will enable planning and forecasting. The new technology will increase response time to any disruption, public health events, and recalls. This will also minimize dependency on manual spreadsheets and workarounds.

Views and Statements

The Chief Strategy Officer at Tecsys, Rex Ahlstrom, said that the healthcare supply chains have been struggling for a long period with a data trap in outdated system and silos. So, the techsys have closed that gap by providing timely contextual insights. It has helped finance and clinical leaders. With the Databricks world-class data engineering concept, the company has achieved a strong new layer of intelligence for health systems in the healthcare market.

The VP of healthcare and life sciences GTM at Databricks, Mike Sanky, said that the partnership with Tecsys we were able to empower the health systems to develop the potential to fetch data from a unified AI platform and analytics.

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