AssistIQ (Accelerator)

Company Description: Disposable medical equipment is the second largest variable cost category in most hospitals after wages. Yet hospitals and ambulatory surgical treatment centers lack the ability to track and optimize costs across routine surgeries and procedures. AssistIQ's Surgical IQ (SIQ) is the only scalable, commercial software application that provides real-time tracking capabilities inside the operating room (OR) along with data insights to empower surgical care providers to offer the best value to their patients. With an estimated 234 million surgeries and annual spending of $162 billion on medical disposables that are estimated to grow to $370 billion by 2028, the serviceable obtainable market is estimated at over $2 billion annually.