#USA #Workforce Management #Covr #Data IQ #Lindon, Utah

Covr's Strategic Move to Boost Workforce Management

In a significant development for the healthcare sector, Covr, a leading workforce management platform tailored for the post-acute care industry, has officially acquired Data IQ, a company renowned for its business intelligence solutions. This strategic acquisition, announced on January 28, 2025, aims to enhance Covr's analytics capabilities, improving operational efficiency for skilled nursing facilities across the board.

The Merger's Impact on Healthcare Management

With this merger, Covr combines its robust expertise in workforce management with the advanced data analytics capabilities of Data IQ, thereby creating a unified platform intended to elevate the performance of healthcare operators. The integrated solution will provide seamless access to essential tools that streamline staff management and offer insights into key metrics, enabling facilities to adapt swiftly to changing operational requirements.

Tanner Thompson, CEO and Co-Founder of Covr, expressed enthusiasm about the acquisition, stating, "Covr's goal is to help post-acute care facilities build healthy, sustainable businesses through tools that streamline staff management and give visibility into key metrics so they can adapt quickly to shifting needs. Data IQ's analytics platform was a natural value-add, and we're excited to offer deep, cross-facility analytics to current Covr users."

Enhancing Operational Insights

Data IQ's managing partner, Derek Gay, also emphasized the benefits of this merger. He explained that many operators face challenges in accessing up-to-date, comprehensive data across various facilities, leading to fragmented information that is not conducive for timely decision-making. "The data is often fragmented, requires manual pulls, and is typically 7+ days old," he noted. However, with the integration of Data IQ, operators can quickly gain access to operational, clinical, and financial data from all their facilities via a singular dashboard.

The merger offers an opportunity for both Covr and Data IQ users to continue benefiting from their respective systems while gaining access to newly enhanced tools that promote operational efficiency and staff retention.

The First Adoption

Creative Solutions in Healthcare, a Texas-based operator managing 168 long-term care communities, has become the first organization to adopt both Covr and Data IQ products across its entire network. Gary Blake, CEO of Creative Solutions, voiced his excitement about this integration, stating, "We are beyond excited to promote and recommend both COVR and Data IQ. We use both products and have been extremely impressed with how quickly they've been embraced across our organization."

He went on to explain that these solutions have significantly improved the orientation process, bolstered staff retention, and enhanced communication. In particular, Blake highlighted how Data IQ has provided critical insights that foster clinical and operational efficiencies: "Our goal is to give our team the best experience of their careers, and with COVR and Data IQ, we now offer a comprehensive view of the efficient, timely care we deliver to our residents and staff."

Future of Covr and Data IQ

Covr's mission remains clear: to empower caregivers by freeing up their time, allowing them to focus more on providing quality patient care rather than administrative tasks. With the addition of Data IQ’s data analytics, Covr is primed to position itself as a leader in the market, providing tools essential for navigating the complexities of workforce management within long-term care and post-acute facilities.

Both companies are committed to supporting their current users while continuously innovating and improving their offerings, ensuring they remain relevant and beneficial in an ever-evolving healthcare landscape.

As the healthcare sector continues to face various challenges, this merger signifies a robust step towards leveraging technology to enhance care services, streamline operations, and improve the overall experience for both staff and residents.