PwC has taken a 25% equity stake in health technology company Perfect Ward, creators of an app designed to speed up inspection processes for nurses and healthcare professionals.
The app has already seen use in acute and community services, ambulance trusts and care homes and enables users to immediately view the results of their inspections when completed.
The London-based company will be supported by the former Care Quality Commission chief hospital inspector Sir Mike Richards, now a senior adviser at PwC, as the two companies look to develop new features for the online tool.
Quentin Cole, government and healthcare leader at PwC, said: ‘We are delighted to support the Perfect Ward business in taking their product out more widely to the health and social care sector in the UK as well as internationally, where we know the appetite for digital solutions that ensure greater quality and efficiency is enormous.
‘Nurses often bear the burden of monitoring quality – and with little spare time on their hands, writing up inspections and reporting consumes valuable time that could be spent delivering patient care. We know from our experience of working with hospitals and health and social care systems, how vital it is for organisations to find easy and simple systems which enhance quality, safety and reliability, without creating extra burdens for staff or increasing staffing levels.’
Jonathan Knight, co-founder and chief executive of Perfect Ward, added: ‘Perfect Ward is already used by leading healthcare providers to help improve clinical quality and safety, whilst releasing valuable time to care.
‘With PwC’s help we can bring those benefits to a far wider range of healthcare organisations, across both the NHS and the wider international market.’