New Innovations
New Innovations is a SaaS provider of medical education management software serving 740 enterprise residency programs, medical schools, and teaching hospitals, managing 105,000 trainees and processing $6 billion in annual CMS reimbursement. Founded in 1995 and acquired by QGenda in 2024.
- Company typePrivate
- Founded1995
- HeadquartersUniontown, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What New Innovations does
New Innovations is a SaaS provider of medical education management software founded in 1995 and headquartered in Uniontown, Ohio. The company serves residency programs, medical schools, teaching hospitals, and academic medical centers with three core product lines: the GME (Graduate Medical Education) Suite for residency and fellowship program management, the UME (Undergraduate Medical Education) Suite for medical school student management, and a mobile application for on-the-go trainee access. Supporting modules include IRIS for Medicare cost report data export, MedScheduler for offline scheduling, Rotation Lottery for clinical rotation optimization, and a Data Exchange API for third-party system integration. The platform manages scheduling, evaluations, procedure logging, work-hours tracking, conference attendance, curriculum definition, immunization tracking, and accreditation compliance across 740 enterprise customers and 105,000+ trainees, processing $6 billion in annual CMS reimbursement.
The underlying technology stack centers on a residency management SaaS platform with mobile applications and a robust data exchange layer. The platform supports SAML/SSO authentication, SOC 2 Type II certified security infrastructure, nightly API-driven data exchange with HR (Oracle, Peoplesoft, Banner), payroll (ADP), scheduling (AMION), credentialing (Morrissey), and healthcare systems (OASIS). Field mapping capabilities allow configurable imports/exports of personnel demographics, procedures, schedules, and evaluations. Pricing is quote-based for enterprise customers under a recurring subscription model, with revenue generated primarily through multi-year enterprise contracts. The go-to-market motion is direct enterprise field sales targeting program directors and administrators, supplemented by content marketing via blog and resource libraries. The company held 60% market share of ACGME-I accredited international institutions across 9 countries prior to its 2024 acquisition by QGenda.
New Innovations firmographics
Firmographics- Name
- New Innovations
- Legal name
- New Innovations
- Website
- https://new-innov.com
- Company type
- Private
- Founded year
- 1995
- Operating status
- Acquired
- Headcount range
- 101–250 employees
- Short description
- New Innovations is a SaaS provider of medical education management software serving 740 enterprise residency programs, medical schools, and teaching hospitals, managing 105,000 trainees and processing $6 billion in annual CMS reimbursement. Founded in 1995 and acquired by QGenda in 2024.
- Ownership category
- akta.pro rank
New Innovations industry classification
Industry- Product category
- Medical Education Management Software
- NAICS
- Computer Systems Design Services (541512), Computer Systems Design and Related Services (5415)
- SIC
- Services-Prepackaged Software (7372), Services-Health Services (8000)
- akta.pro primary industry
- Health Informatics & Digital Health Programs (EDAHAGAJ)
- akta.pro secondary industry
- Health Information Management (EHR) & Medical Office Administration (EDAOAJAF)
Keywords
Where New Innovations is headquartered
LocationHeadquarters
- HQ city
- Uniontown
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
New Innovations business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales
Revenue model
- SaaS Subscription: Subscription-based SaaS model for residency management software targeting medical education institutions. The company describes itself as a comprehensive medical education management platform.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
New Innovations product offering
Product offeringCore offering
New Innovations operates a SaaS-based medical education management platform that helps residency programs, medical schools, and teaching hospitals manage trainee scheduling, evaluations, procedure logging, work hour compliance, curriculum delivery, and accreditation reporting. Its flagship offerings are the GME (Graduate Medical Education) Suite for residency/fellowship programs and the UME (Undergraduate Medical Education) Suite for medical schools, complemented by a mobile application and an enterprise data exchange API for integrations with HR, payroll, and credentialing systems.
Product overview
New Innovations is a SaaS-based medical education management platform offering three integrated product lines: GME (Graduate Medical Education) Suite for residency and fellowship program management, UME (Undergraduate Medical Education) Suite for medical school student management, and a Mobile App for on-the-go trainee access. Supporting modules include IRIS for Medicare cost reporting, MedScheduler for offline scheduling, Rotation Lottery for clinical scheduling optimization, a Data Exchange API for third-party integrations, and Program Administrator Assistance Managed Services for onboarding support. The platform serves over 740 enterprise customers managing 105,000 residents with $6 billion in annual CMS reimbursement tracked.
Differentiator
Problem solved
Functional benefit
Brands
- GME (Graduate Medical Education Suite): Comprehensive residency management solution covering scheduling, case logging, evaluations, conference attendance tracking, work hours monitoring, and accreditation management.
- UME (Undergraduate Medical Education Suite)
- New Innovations Mobile
Quantifiable outcome
- 740 enterprise customers including major academic medical centers
- +5 more outcomes
Companies that use New Innovations
Customer profileNamed customers28 records
Segments3 records
Ideal customer profiles3 records
New Innovations technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration12 records
Feature3 records
New Innovations partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core.
- ADPcoreIntegration with ADP for payroll system connectivity, enabling seamless data exchange between New Innovations residency management platform and ADP payroll systems.
- OraclecoreIntegration with Oracle systems for HR and enterprise data management connectivity.
- PeoplesoftcoreIntegration with Peoplesoft for HR system connectivity and data synchronization.
- AMIONcoreIntegration with AMION scheduling systems for physician and trainee scheduling management.
- MorrisseycoreIntegration with Morrissey credentialing systems for physician and trainee credentialing verification.
- OASIScoreIntegration with OASIS healthcare systems for data exchange and workflow management.
- BannercoreIntegration with Banner systems, commonly used in educational institutions for student information management.
- Payroll SystemscoreGeneral integration capabilities with various payroll systems beyond ADP for timekeeping and compensation data.
- HR SystemscoreBroad integration capabilities with HR systems for employee and trainee data management.
- Timekeeping SystemscoreIntegration with timekeeping systems for tracking trainee work hours and compliance with duty hour requirements.
- Appointment DatabasescoreIntegration with appointment scheduling databases for managing trainee and faculty schedules.
Scale indicators10 records
Recent moves1 record
Expansion highlights5 records
New Innovations competitors and assessment
Company assessmentBroad incumbents
- Workday: Workday is a broad enterprise HCM and workforce management platform used by many academic medical centers. It does not specialize in GME but competes for the same enterprise HR and scheduling wallet share.
- UKG (Kronos): UKG (formerly Kronos) provides workforce management and timekeeping systems that overlap with New Innovations' timekeeping and duty-hour tracking capabilities, though it does not address GME-specific accreditation workflows.
- Symplr: Symplr is a broad healthcare workforce, credentialing, and compliance platform serving health systems. It competes with New Innovations in the credentialing and provider-data spaces and bundles multiple workforce modules into enterprise contracts.
- Elsevier Clinical Solutions: Elsevier owns MedHub and is a broader medical education and clinical decision support incumbent. Its portfolio overlaps with New Innovations' medical-education focus but extends well beyond residency management.
Direct peers
- MedHub: MedHub, now part of Elsevier/RELX, is the closest direct competitor to New Innovations, offering residency management software covering evaluations, duty hours, procedure logging, and scheduling for GME programs at US teaching hospitals.
- QGenda: QGenda is now the parent company of New Innovations and the leading provider of healthcare workforce and provider scheduling. Its provider-scheduling focus is adjacent to New Innovations' resident scheduling, and post-acquisition the platforms are being combined.
- E*Value (Intealth): E*Value, operated by Intealth (formerly ECFMG), is a direct peer providing residency management, scheduling, and evaluation software to academic medical centers, overlapping directly with New Innovations' GME Suite.
- eMedley: eMedley provides competency-based medical education software for residency programs and medical schools, directly competing with New Innovations' GME and UME suites on evaluations and curriculum management.
Emerging players
- AMION: AMION is a physician and trainee scheduling platform that integrates with New Innovations via the data exchange API. While it overlaps in scheduling workflows, AMION is narrower in scope than New Innovations' full residency management suite.
- Morrissey Credentialing: Morrissey Credentialing (now part of Intelichart) handles provider credentialing workflows and integrates with New Innovations. It overlaps in the credentialing use case but is narrower than New Innovations' full GME suite.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
New Innovations social profiles
Digital presenceNew Innovations compliance and trust
Trust signalCompliance1 record
New Innovations financial estimates
Financial estimateRevenue estimate
Valuation estimate
New Innovations leadership team
Management profileNumber of profiles
Profiles2 records
New Innovations funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
New Innovations M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about New Innovations
What does New Innovations do?
New Innovations operates a SaaS-based medical education management platform that helps residency programs, medical schools, and teaching hospitals manage trainee scheduling, evaluations, procedure logging, work hour compliance, curriculum delivery, and accreditation reporting. Its flagship offerings are the GME (Graduate Medical Education) Suite for residency/fellowship programs and the UME (Undergraduate Medical Education) Suite for medical schools, complemented by a mobile application and an enterprise data exchange API for integrations with HR, payroll, and credentialing systems.
Is New Innovations a public or private company?
New Innovations is a private company. It is classified as corporate owned and is currently acquired.
When was New Innovations founded?
New Innovations was founded in 1995. It employs 101 to 250 people.
Where is New Innovations based?
New Innovations is headquartered in Uniontown, United States, in the North America region.
How does New Innovations make money?
One revenue line is on record: saaS Subscription.
Who are New Innovations's main competitors?
Broad incumbents on record are Workday, UKG (Kronos), Symplr and Elsevier Clinical Solutions. Direct peers are MedHub, QGenda, E*Value (Intealth) and eMedley. Emerging players are AMION and Morrissey Credentialing.
Does New Innovations have an API?
Yes. New Innovations offers a Data Exchange API that enables third-party data exchange between customer software vendors and the New Innovations platform. The API supports field mapping for personnel demographics, procedure logging, scheduling, course schedules, block schedules, conference attendance, and evaluation session matches. Data exchange runs on a nightly schedule and can import or extract data into or out of New Innovations. The platform also integrates via API feeds with common third-party systems. Developer documentation is at www.new-innov.com/pub/security.html.
What industry is New Innovations in?
New Innovations's product category is Medical Education Management Software. Its primary akta.pro industry code is EDAHAGAJ, Health Informatics & Digital Health Programs, with a secondary code of EDAOAJAF, Health Information Management (EHR) & Medical Office Administration. Its NAICS code is 541512 and its SIC code is 7372.