In the realm of healthcare, systematic challenges in communication have persisted for years, with few companies addressing this issue head-on. Fred Lizza and his team at Statum Systems have emerged as pioneers in tackling this significant problem in the healthcare sector.
Featured in The Enterprise World’s compilation of the Most Promising Digital Health Solution Providers in 2022, Statum Systems is recognized for its commitment to enabling superior medical communication.
About the Company:
Statum Systems, a healthcare technology startup, was founded by professionals from the Boston medical community. Recognizing the fragmented nature of communication systems within hospitals and medical centers, especially the reliance on outdated pagers and single-purpose applications, the team set out to find a solution.
To bridge this gap, Statum Systems developed the StatumHEALTHtm unified medical communications & collaboration (UCC) platform. This innovative platform streamlines workflows for care team members, with a primary focus on enhancing patient care. Additionally, the company introduced StatumCONNECTtm, an optional device shaped like an ID badge holder. This device captures pager signals and transmits them via Bluetooth to the StatumHEALTH app on the user’s smartphone, effectively replacing traditional pagers while maintaining the reach and reliability of pager-frequency messages.
StatumHEALTH also gathers extensive data on medical communications, analyzing it to pinpoint opportunities for enhancing workflow, patient care, and financial performance. This data-driven aspect of our solution will become increasingly vital as StatumHEALTH accumulates more data and employs AI-powered tools and predictive analytics in future iterations.
Navigating the Challenges-
“In 2022, Statum Systems is primed for significant growth as we transition from beta testing to the commercial release of StatumHEALTH.”
The initial market response to Statum has been overwhelmingly positive. Every physician, surgeon, or medical professional who encounters our solution expresses a desire to adopt it. This enthusiasm stems from the fact that over the past two decades, hospitals have amassed numerous specialized and single-purpose communication systems. These systems lack interoperability, address only specific aspects of patient care, and necessitate care team members to switch between multiple platforms.
Statum boasts a leadership team that combines medical expertise with technological acumen. Several co-founders possess extensive medical backgrounds, while our CEO, SVP of Corporate Development, and Advisory Board members bring decades of experience in launching and expanding technology-driven ventures.
With the strain of COVID-19 pushing hospital staff to their limits, there’s a pressing need for medical centers to modernize their IT infrastructure. Medical Unified Communications and Collaboration (UCC) platforms are poised to streamline workflows for care teams, mitigate communication errors and delays, expedite bed turnover, and ensure compliance with HIPAA and security regulations. Much like other industries, the medical communication infrastructure is transitioning from disparate point solutions to integrated platforms.
Products and Services:
StatumHEALTH possesses several distinct advantages that set it apart from competitors:
- Direct delivery of low-frequency broadcast pager messages to smartphones.
- A patient-centric architecture.
- An enterprise-scale unified medical messaging and collaboration platform, distinguishing it from single-purpose messaging systems offered by competitors.
The Service Directory:
Direct Delivery of Low-Frequency Pager Messages to Smartphones
Pager service providers utilize low-frequency bandwidths to broadcast messages, offering extensive reach, coverage, and heightened reliability. This is why over 80% of US hospitals continue to rely on pagers – ensuring critical messages are promptly received in all areas, including those with limited WiFi, 5G, or cellular signals like radiology suites. Statum Systems employs various communication methods, such as the direct reception of pager messages through StatumCONNECT, ensuring efficient message delivery without sacrificing reliability.
“Through our patented technology, we preserve the reach and reliability benefits of low-frequency pager messages, while delivering comprehensive messages directly to users’ smartphones without delays associated with store-and-forward mechanisms.”
Patient-Centric Approach
Drawing from the clinical expertise of Statum’s founders, the team has meticulously crafted their architecture with a focus on patient-centered communication. Their “patient sessions” feature serves as a communication platform allowing synchronous and asynchronous interactions among care providers.
Competing solutions lack the capability to support patient-centric communication methods, thereby failing to provide all members of the patient’s care team with immediate access to patient interactions and data. Instead, competitors rely on conventional peer-to-peer communication methods, resulting in fragmented communication channels and the need for repeated exchanges among excluded parties.
“Our patient session framework enables all members of a patient’s care team to participate in the same dialogue and receive real-time updates on the patient’s condition.”
By centralizing communications around Patient Sessions, Statum Systems streamlines communication processes and establishes a natural hub for data collection, offering unprecedented insights to hospital administrators and executives.
Enterprise Unified Communications and Collaboration (UCC)
Statum Systems asserts that the healthcare IT market, having invested heavily in limited, single-purpose medical communication systems, is now transitioning towards a phase where these disparate systems will be gradually replaced by a unified medical communications and collaboration (UCC) system. This shift towards UCCs is expected to simplify the learning and onboarding processes for team members, streamline workflows, and enhance communications. Consequently, these improvements will lead to enhanced patient care, faster bed turnover, and reduced errors. This trend aligns with patterns observed in other mature markets, where single-purpose systems have been supplanted by integrated suites and platforms.
Fred Lizza: Pioneering the Path Forward
“Anyone who has never made a mistake has never tried anything new.”
Fred Lizza is undeniably a seasoned CEO. With a track record of leading six software-based technology businesses, Fred’s expertise is unparalleled. He is typically introduced to an organization by its investors or owners, whether in the early stages to spearhead growth or later to reposition the company for optimal success.
Fred has successfully guided multiple companies to lucrative exits through acquisition. Moreover, he has navigated a company through the complexities of an IPO and subsequent public offerings. Throughout his career, Fred has spearheaded the launch of innovative products in diverse markets, including AI, ERP, eCommerce, and supply chain.
