An IT company from Ukraine has developed a platform that is currently being utilized by 30 medical institutions in the United States

The healthtech company in the United States approached the Ukrainian IT company Master of Code Global, with offices in Kyiv and Cherkasy, to revolutionize the hospital management system, dev.ua reports. 

The Ukrainian IT specialists developed a multi-platform solution that provides real-time analytics for monitoring the condition and efficiency of medical facilities. The team dedicated 6 years to the development and improvement of this product.

The American healthtech company needed a SaaS platform capable of processing a large amount of data on medical facility assets in real-time to monitor the condition and efficiency of these assets.

"Our team developed such a SaaS platform. In particular, the development of the Minimum Viable Product (MVP) took 2 years, and then another 4 years were spent refining the platform according to the expectations of hospitals as end-users of the platform," said Ivan Pohrebniak, Chief Delivery Officer at Master of Code Global.

This SaaS platform offers automated tools for predicting capital expenditures, modeling various levels of investments, and proactively optimizing investments in hospitals.

The platform includes:

A web application for clients and administrators;

Assessment program for iPad;

API for integration with third-party CMMS;

Additional FTP integration.

The SaaS platform currently enables effective management of over 162,000 assets in medical institutions. The key feature is the ability to forecast budgets for the purchase of necessary equipment, repairs, and maintenance expenses for hospitals.

30 hospitals in the United States are already using the platform, specifically designed for American hospitals with regulated and rule-based service, such as how medical equipment undergoes inspections, when repairs are to be conducted, how equipment purchases are made, and more.

Developed by a Ukrainian IT company, the solution increased the revenues of the American healthtech company by 15 times in just two years. The development was also honored with an award from the Michigan Venture Capital Association.