FSI Wins MedTech Breakthrough Award for Compliance

FSI wins 2023 MedTech Breakthrough Award, a prestigious international annual awards program recognizing standout digital health technology and companies.

FSI, the leading provider of CMMS solutions for healthcare organizations, today announced that its eBinders solution has been selected as the winner of the “Compliance Management Innovation Award” in the 7th annual MedTech Breakthrough Awards program conducted by MedTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global health and medical technology market.

FSI’s cloud-based computerized maintenance management software, CMS, helps teams operate efficiently. The software empowers teams to create safe healthcare environments and operations.

Created in collaboration with Joint Commission Inspectors, FSI is the first to launch eBinders, a mobile-friendly “electronic binder” that ensures healthcare organizations are always prepared for compliance surveys from The Joint Commission, DNV and other local jurisdictions.   FSI’s eBinders helps hospitals organize and keep track of compliance reports and dashboards from one location within their CMMS, eliminating the need for physical binders, reducing errors through standardized naming conventions, and creating automatic reports that generate on a regular basis.

Administrators can pull up any relevant documents using a user-friendly search function at any time — whether they're preparing for an inspection or talking to an inspector. Simple to use, eBinders users save time on reviews, cuts down on errors, and provides the ability to eliminate physical binders.

The efficiency eBinders offers helps users to physically run less reports and spend less time organizing binders. This allows teams to focus on getting inspection ready and staying compliant 100% of the time. Users can search documents on-demand and easily filter by date, PM types, custom attributes, location, status, compliance indicators, and more.

“We are thrilled to be a 2023 MedTech Breakthrough award winner. We know that good data is at the heart of compliance. The ability to run automatic reports, eliminate the use of physical binders, and cut down on errors allows hospitals that utilize eBinders to stay 100% compliant and meet regulatory requirements, ” said Zachary Seely, CEO of FSI. “With over 80% of U.S. hospitals accredited by The Joint Commission, eBinders has been developed specifically to meet TJC inspections . The product redefines compliance preparation with the emphasis on ITM - all to empower more efficient, impactful maintenance programs at health care organizations.”

The mission of the MedTech Breakthrough Awards is to honor excellence and recognize the innovation, hard work and success in a range of health and medical technology categories, including Telehealth, Clinical Administration, Patient Engagement, Electronic Health Records (EHR), Virtual Care, Medical Devices, Medical Data and many more. This year’s program attracted more than 4,000 nominations from over 17 different countries throughout the world. 

“Compliance preparation is a priority for healthcare service professionals nationwide. With staffing shortages and labor challenges across the industry, violations, safety issues and inefficient processes can hurt an organization’s bottom line. If a hospital fails an inspection, it's expensive, it negatively impacts teams, and can lead to closures that impact patient care. Data piles up in paper reports that are stuffed in binders which pile up year after year,” said James Johnson, managing director, MedTech Breakthrough. “Data accuracy allows hospitals to prepare for inspections in less than half the time when using eBinders. FSI’s eBinders feature is a breakthrough in the industry as it helps with saving time and money - which is paramount with the challenges the healthcare industry faces around staffing and resources. Congratulations to FSI on being our pick for the ‘Compliance Management Innovation Award.’”

FSI is a leading healthcare CMMS solution built by and for healthcare professionals in facilities and biomed. FSI’s software manages over 650 million sq. ft. of facility space and surveys another 50 million sq. ft. every year. Thousands of healthcare service professionals use FSI’s tools, from CMS to eBinders. 

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