Frost & Sullivan recognizes physician shift scheduling AI company with Enabling Technology Leadership Award
SAN FRANCISCO, Calif. – June 12, 2018 – Frost & Sullivan, the global research and consulting organization, recognized Lightning Bolt Solutions as an innovative leader in health technology as part of the 2018 Best Practices Awards. Frost & Sullivan’s intent is to drive innovation, excellence, and a positive change in the global economy by recognizing best-in-class products, companies, and individuals — further validating Lightning Bolt’s contributions to improving healthcare through physician scheduling that uses AI to reduce burnout and improve patient access.
In addition to being named the Category Leader in providing optimized physician scheduling by KLAS, the global research leader in health technology, two years in a row, Lightning Bolt is proud to add Frost & Sullivan’s Enabling Technology Leadership Award to its list of accomplishments.
“Physician burnout costs healthcare $17 billion every year,” said Suvas Vajracharya, Ph.D., founder and CEO of Lightning Bolt. “AI-driven solutions for healthcare organizations addressing the issue of burnout have significantly alleviated the day-to-day pressure of scheduling updates and maintenance, improving patient access, and physician satisfaction. Our work at Lightning Bolt continues to reveal the true impact AI can have in developing more balanced clinical workforces within health systems.”
Frost & Sullivan’s Best Practices Awards recognize companies throughout a range of regional and global markets for superior leadership, technological innovation, customer service, and strategic product development. Frost & Sullivan’s industry analyst team benchmarks market participants and measures their performance through independent, primary interviews and secondary industry research to evaluate and identify best practices.
“Physician scheduling poses one of the most complex tasks for healthcare organizations. Among other challenges, scheduling requirements may include assigning credentialed physicians to specific tasks, accommodating the flexible scheduling needs of residents, and limiting the frequency of more strenuous duties on a single physician. Various healthcare settings also complicate physician scheduling. Specialty care scheduling, for example, is subject to external factors such as the need to coordinate with multiple specialists as well as work with third parties to perform diagnostic tests. The result is often limited access to care and high wait times — leading to both provider and patient frustration,” said Daniel Ruppar, Global Program Director at Frost & Sullivan. “With Lightning Bolt, this incredibly complicated and sensitive physician scheduling process is optimized using AI — a major advance for the healthcare sector.”
Lightning Bolt manages more than three million physician hours each month using advanced AI to optimize clients’ average of more than 400 unique scheduling rules for the best possible shift schedule and will be recognized at the Frost & Sullivan awards gala in July. To see the full report, please visit www.lightning-bolt.com.
About Lightning Bolt Solutions
Lightning Bolt Solutions is the leading provider of medical staff scheduling technology. Founded in 2002, the company has developed deep domain expertise in the areas of physician workflow, hospital operations, artificial intelligence, and professional balance. Lightning Bolt is the trusted solution for U.S. and international hospitals working to align the interests of their physicians and facilities to deliver excellent patient care. For more information, please visit www.lightning-bolt.com.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation, and leadership. The company’s Growth Partnership Service provides the CEO and the CEO’s Growth Team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages more than 50 years of experience in partnering with Global 1000 companies, emerging businesses, and the investment community from 45 offices on six continents. To join our Growth Partnership, please visit http://ww2.frost.com.