Healthspace

Patient record-keeping processes are ineffective in terms of cost and efficiency, leading to a rise in medical errors and negligence litigations. This has an impact on patient retention at private practices and poor profit margins in the practice of medicine.

The average cost of patient record-keeping sits at over R5000 to manage filing, storage, printing, and administrative costs as well as requiring extensive time allocation to record-keeping, taking away focus from critical healthcare.

This has led to a rise in over worked doctors and burnout in an industry that is already seeing a shortage of healthcare workers available.

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The company's technology innovation is designed to address critical challenges within South Africa's healthcare system, both in the public and private sectors. By implementing a clinical-centric Electronic Health Records and Practice Management System, the company aims to alleviate the acute shortage of healthcare workers, reduce doctor burnout, and improve the management of lifestyle diseases like diabetes and hypertension. The system also seeks to enhance access to affordable and quality care by optimizing resource utilization and reducing unnecessary costs, ultimately leading to better clinical outcomes and improved patient safety.

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Additionally, the company's platform focuses on improving profit margins for healthcare practitioners by prioritizing clinical excellence over billing-driven solutions. It aims to reduce medical errors, enhance patient retention, and minimize duplication of care, leading to a more efficient and coordinated healthcare delivery process. By addressing these issues, the company aligns with the long-term success of medical practices and the overall well-being of healthcare professionals and patients.