IQMax

About IQMax

Founded in 1999 by Paul Adkison, IQMax established itself as a provider of secure, cloud-based communication and data integration software primarily for the healthcare sector. The company's core offering was a platform designed to give healthcare professionals real-time access to relevant patient information on mobile devices, supporting secure messaging, voice dictation, charge capture, and clinical data review.

The business operated on a flexible model, engaging in direct sales, partnerships for reselling, and private labeling, notably collaborating with 3M for its charge capture application. The platform's architecture was built to be device-agnostic, integrating with enterprise systems and ensuring no protected health information (PHI) was stored on the mobile devices themselves, a key security feature. IQMax's suite of products included IQCommunicate for secure messaging, IQSpeak for voice dictation at the point of care, IQCharge to streamline billing processes, and IQRounds to provide caregivers with up-to-date clinical information. These tools were designed to improve workflow efficiency, care coordination, and reduce billing lag time for hospitals and clinical practices.

Over its history, the company was venture-backed, having raised capital through a series of angel and later-stage VC funding rounds. On January 25, 2018, Fusion, a provider of cloud services, acquired the software, intellectual property, and customers of IQMax. The acquisition was an all-stock transaction intended to integrate IQMax's secure messaging and data integration engine into Fusion's unified communications platform, enhancing their offerings for industries requiring high levels of security and compliance, such as healthcare.