6 October 2021
6 October 2021, London (UK): ImproveWell LTD (“ImproveWell” or “the Company”) is proud to be recognised by Startups in its 13th annual ranking of the 100 most disruptive and innovative UK small businesses.
Hundreds of new businesses apply for the Startups 100 list each year. Businesses must be UK-based and founded in the last five years.
Each application is subject to a ranking and judging process. The first step in ranking the Startups 100 is an assessment of the businesses’ financial position. A weighted score is based on (1) finance raised, and (2) turnover for the previous financial year. The second stage in the ranking process is more subjective. A shortlist of businesses is provided to the Startups team, with the finances removed, so that judgement can be made based on the strength of the business idea alone. The team takes into account strength of concept, the size of the opportunity, and the disruptiveness of the idea, assigning a score for each factor. These scores are then combined with the financial weighting to produce the overall ranking.
Lara Mott, CEO and Co-founder of ImproveWell, said: “To feature as one of nine HealthTech companies featured in the 2021 Startups 100 List is a fantastic achievement. The UK has a strong reputation for innovation, and we are so proud to feature amongst such an impressive list. Thank you to everyone who has supported us over the past five years.”
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Notes to Editors:
Startups.co.uk is the UK’s leading independent, online resource for anyone starting and growing a business. Established in 2000, it is the UK’s largest, longest serving, and most comprehensive small business advice platform, covering everything you need to know to start, buy, run, or sell a business. You can read more about Startups’ track record on its Wikipedia page.
In 2018, 99.3% of all private sector businesses in the UK were small businesses. These businesses generated a combined annual turnover of £2 trillion and accounted for 60% of all private sector employment. In short, the UK’s small business community is the backbone of the economy. That’s why Startups.co.uk exists: to make sure the vibrant enterprise sector continues to thrive in the future, through small business ideas, free business advice, and business inspiration.
Whether ambitions extend to a local high street shop or a global enterprise, the Startups website provides invaluable advice, business inspiration and support. Find out more at www.startups.co.uk.
Giving everyone a voice, ImproveWell makes it simple for organisations to capture continuous, real-time insight to improve staff experience and the quality of patient care.
The solution is grounded in three principles: those on the frontline are best-placed to improve the systems around them; giving staff a voice and empowering them to find solutions to the challenges they face is fundamental to engagement and positive experience; and a happier workforce leads to better patient outcomes.
Developed in partnership with healthcare organisations, ImproveWell’s feedback systems provide a platform for people to drive change, together. 24/7 everyone can: suggest ideas for improvement; share how their workday is going; and complete tailored pulse surveys. Insights from wider stakeholder groups can also be tapped via customisable online portals. An intelligent data dashboard helps group and organisational leads to capture real-time data, track workforce sentiment, prioritise quality improvement efforts, measure change and publish reports to complete the feedback loop.
But ImproveWell is not just a technology solution: a dedicated Customer Success team provides consultative onboarding and ongoing advice. Furthermore, customers can join a community of healthcare improvers offering opportunities for collaboration and sharing best practice. Simply put, the ImproveWell solution helps create the right environment for wellbeing at work and continuous improvement.
For further information, please visit www.improvewell.com.
For further information please contact:
020 3475 0670