About Velox Health Metadata Inc.
Velox’s mission is to enable Providers, Payers, Patients and other stakeholders to easily and securely share and access clinical data, which will not only dramatically improve the health and quality of care for patients but also play an important role in lowering costs for all stakeholders and the healthcare system overall.
The company founders are among the most experienced and accomplished entrepreneurs and executives in the HIT space. Their ability to ‘connect the dots’ between industry challenges, industry needs and trends, technology, regulations and standards allows them to continually develop and deliver innovative solutions with real impact.
In addition, Velox has assembled a fantastic advisory board with experience, insights and connections in all aspects relevant to ensuring Velox’s success.
Velox is developing technology that will fully leverage and build upon the great foundation in the clinical data ecosystem that is being established by two major factors today:
Standards
Interoperability standards, most importantly HL7’s FHIR standard
Regulations:
The 21st Century Cures Act of 2016 and the resulting Interoperability Rules
Velox’s technology and solutions allow all participants in this ecosystem to transition to and fully take advantage of structured, standards-based clinical data and in doing so transform the healthcare system for the better. Specifically it will:
- Lower data acquisition costs from Dollars to Cents
- Increase completeness of data and confidence to >95%
- Increase speed from weeks to seconds
- Transform care and payer operations
- Reduce cost-of-care by >10%