Process Efficiency and Innovation Tracker (PEIT) is a project management software program for the healthcare industry. The company helps hospital managers and executives drive change and track each project in detail utilizing their lean project management philosophy.
The three-year-old project management startup also provides ROI/scorecards and training to customers. “Score-carding projects is critical to understanding health of organization as improvement is being made,” explains the company.
PEIT answers the challenges of upcoming demands in healthcare that will require a project management skill set and tool to effectively drive change in hospitals, especially with the estimated insured patient increase of 25,000 due to the Affordable Care Act.
Prior to launching PEIT, founder DeAnna Davis was COO of Ochsner West Bank responsible for rolling out lean concepts such as the manufacturing approach for process efficiency utilized in their seven hospitals and over 40 clinics.
“As COO of a hospital and realizing Obamacare was going to drive the need for significant cost cutting and greater efficiencies in healthcare, I realized executives needed a tool to help with project management and accountability to oversee all opportunities to ensure healthcare initiatives–from cost to quality– were being controlled,” explained Davis.
PEIT was built by executives for executives to manage multiple projects of all types. “All results are aggregated into an executive scorecard. Consulting services around lean, change management, and strategy compliment PEIT to deliver the highest results,” setting PEIT apart from competition, Davis says.
As a New Orleans-based company, PEIT uses local programmers and marketing to support the company. Davis believe the startup community is strong in New Orleans. She says several people have helped her by giving advice, perspective, and sharing contacts to ensure the company’s growth.
A year down the road, Davis sees PEIT continuing to invest in the build and design to outpace the current needs of the health systems that are using PEIT and to grow to meet future partner’s demands. A long term goal is to employ both local talent and national talent to support the company’s growth.