Based: Louisville
Year founded: 2023
Founder(s)/top executives: Adam Tobbe, COO/Executive VP; Lee Jones, CTO
Capital raised to date: $3 million
Key investors: Varischetti Holdings, Guardian Healthcare
Number of employees: 8
Brief company description: pac-IQ is a software company founded by clinicians who saw the need for a dynamic shift in technologies to support the post-acute care continuum. We are driven by a desire to provide innovative platforms and workflow solutions, giving care providers more time where it matters most — with patients at the bedside.
What are some major milestones in the company’s history? pac-IQ was officially launched in January 2023, but the concept has been in practice for approximately four years. In mid-2023, pac-IQ signed a partnership agreement with Direct Supply out of Milwaukee to bring pac-IQ’s technology solutions to post-acute providers across the U.S.
What is your company working on right now? pac-IQ has successfully started the deployment of Referral-IQ, our flagship SaaS software. Our goal is the continued development and expansion of our client base in 2024.
Why grow your company in/from Kentucky? Louisville is the aging hub and is home to many large and well-respected acute care and post-acute care providers. In addition, partners like KY Innovation and Louisville Healthcare CEO Council (CEOc) make Louisville the ideal location for growth and innovation in the post-acute sector.
Give us one bold prediction in 2024 for startups, technology or venture capital/fundraising. We believe we are on the cusp of an AI overhaul for many in the healthcare industry. From evaluating the effectiveness of personal pharmacology to summarizing a patient’s medical history to understanding the ‘bigger picture,' AI is poised to make a massive leap forward in patient care. This will initially come at the expense of human interaction, but we believe this will eventually course-correct and allow caregivers to be more impactful, knowledgeable, and efficient in their care. While AI will assist, it will not replace the role of the clinician in patient care and outcomes.
