What iQonsulting does

iQonsulting Inc. is a privately held, boutique healthcare management consulting firm founded in 2015 and headquartered in Toronto, Canada. The firm serves healthcare delivery organizations, including hospitals, health systems, clinics, retail pharmacy chains, government health authorities, and adjacent life sciences and healthcare education clients, with a service portfolio spanning digital transformation strategy, HIS/EMR evaluation, selection and implementation, process improvement with Discrete Event Simulation Modeling, staff augmentation, and Green Belt certification. Core methodology combines Customer Journey Mapping, Design Thinking, and Discrete Event Simulation with real client data, and the firm reports a track record of measurable outcomes including a 27% reduction in surgical wait lists, greater than CAD 30M in annual savings for a national pharmacy chain across 1,300+ sites, and a 2.3 to 6 improvement in HIMSS EMRAM score for an academic teaching hospital.

The firm operates two AI-focused subsidiary brands: healthlytics.ai, which offers data, analytics, and AI services including generative AI, predictive analytics, and custom AI solutions, and Waivs AI, a conversational AI platform for surgical care. A proprietary AI tool, PulmoDeep, uses deep learning to detect lung anomalies such as COPD, lung cancer, pulmonary fibrosis, and pneumonia from chest X-rays and CT scans, and the firm has deployed machine learning text classification on Google Vertex AI for a hospital payroll inquiry resolution use case. Delivery is relationship-driven and direct-to-enterprise, with engagements initiated through a website contact form guaranteeing 48-hour follow-up; the firm supplements its core consulting with a staff augmentation partnership with S.i. Systems. Geographic footprint spans Canada, the United States, Qatar, Malaysia, Singapore, and East/Central Africa, with multi-year enterprise programs such as a 13-hospital centralized EHR implementation in Qatar and a $100M+ program for a national Canadian pharmacy retail chain. The firm is founder-owned (Ihtisham Qureshi, Founding Partner), has not raised institutional capital, and operates with a small core team of approximately 10-50 employees organized around partner-led practice areas.

Name

iQonsulting

Legal name

iQonsulting Inc.

Website

https://iqonsulting.ca

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

iQonsulting is a Toronto-based boutique healthcare management consulting firm that helps hospitals, health systems, retail pharmacies, and government health authorities execute digital transformation, EMR implementation, and process improvement. It also operates AI subsidiaries healthlytics.ai and Waivs AI.

Ownership category

akta.pro rank

Headquarters

HQ city

North York

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Management Consulting Services: Project-based consulting engagements for digital transformation, EMR/HIS implementation, process improvement, and strategic advisory services. Revenue derived from professional service fees across multi-year programs.
2. Staff Augmentation: Short-term and permanent recruitment services for healthcare organizations. Includes project recovery delivery to help get projects back on track. S.i. Systems referenced as staff augmentation partner.
3. Training & Certification: Yellow/Green Belt Training services for process improvement methodology certification. Also offers Green Belt Certification as standalone service offering.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

iQonsulting is a boutique healthcare management consulting firm that guides and assists healthcare delivery organizations in building successful digital health operations. Its core deliverables span Digital Transformation Management Consulting, HIS/EMR & HCMs Evaluation Selection and Implementation, Data Analytics and AI services (via subsidiary healthlytics.ai), Process Improvement combined with Discrete Event Simulation Modeling, and Staff Augmentation for healthcare IT projects. Proprietary AI products include PulmoDeep for AI-powered lung disease diagnosis and Waivs AI for conversational surgical care.

Product overview

iQonsulting is a boutique healthcare management consulting firm founded in 2015, offering a portfolio of consulting services and AI-powered products. The core offering consists of Digital Transformation Management Consulting, HIS/EMR & HCMs Evaluation/Selection/Implementation, and Staff Augmentation. The company operates two AI-focused subsidiaries: Healthlytics AI (data, analytics, and AI services including Generative AI, predictive analytics, and custom AI solutions) and Waivs AI (conversational AI for surgical care). Key product modules include PulmoDeep (AI diagnostic tool for lung diseases using deep learning on medical imaging) and Discrete Event Simulation Modeling (for patient flow and operational optimization).

Differentiator

Problem solved

Functional benefit

Brands

• healthlytics.ai: AI-powered data, analytics and AI services and products for healthcare organizations
• Waivs AI

Products and services

• Digital Transformation Management Consulting Boutique consulting service guiding healthcare delivery organizations through end-to-end digital transformation strategy and execution, including clinical, business and digital strategy development and transformation for hospitals, health systems and government health authorities.
• HIS/EMR & HCMs Evaluation, Selection & Implementation Implementation consulting service for Hospital Information Systems (HIS), Electronic Medical Records (EMR) and Healthcare Content Management Systems (HCMs), covering evaluation, vendor selection and full-scale implementation across single-site to multi-hospital deployments.
• All Things Data, Analytics & AI Consulting Data, Analytics and AI consulting service for healthcare organizations covering Data Maturity Assessments (AMAM), Data Governance & Architecture, Data Analytics and Visualization, Large Language Models and Generative AI, Predictive & Prescriptive Analytics, and Custom AI Solutions.
• Process Improvement + Discrete Event Simulation Modeling Process improvement consulting service that uses Discrete Event Simulation (DES) mathematical modeling combined with Customer Journey Mapping and Value Stream Mapping to determine optimal patient flow, effective operations, and staffing-to-patient ratios for healthcare organizations.
• Staff Augmentation Short-term and permanent recruitment service providing healthcare organizations with IT and consulting professionals to supplement project teams, including project recovery delivery to help get projects back on track.
• Green Belt Certification (Lean Six Sigma Training) Lean Six Sigma Yellow/Green Belt Training and Certification service for process improvement methodology, available as a standalone training offering to healthcare organizations.
• Healthlytics AI AI-powered subsidiary division offering Data, Analytics and AI services and products for healthcare organizations, including Data Maturity Assessments (AMAM), Data Governance & Architecture, Data Analytics and Visualization, Large Language Models and Generative AI, Predictive & Prescriptive Analytics, and Custom AI Solutions.
• Waivs AI AI-powered conversational platform for surgical care delivery, providing AI-driven patient interactions and surgical decision support to healthcare providers and surgical teams.
• PulmoDeep AI-powered proprietary diagnostic tool for the diagnosis of lung anomalies (COPD, lung cancer, pulmonary fibrosis, pneumonia) using deep learning to analyze chest X-rays and CT scans, enabling earlier detection, prioritization of high-risk cases and real-time treatment recommendations.

Quantifiable outcome

• 27% reduction in surgical wait list within immediate quick wins
• +7 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability10 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core and secondary.

• S.i. SystemscoreImplementation/ SI/ Consulting PartnerS.i. Systems is Canada's largest IT staffing agency founded in 1994. Derek Bullen serves as President and founder. iQonsulting works with S.i. Systems on staff augmentation engagements, using them as their preferred partner for contingent and permanent IT placements to supplement consulting project delivery.
• D.K. ConsultantssecondaryImplementation/ SI/ Consulting PartnerDr. Debbie Davy, PhD serves as Director and Senior Consultant. Specializes in people-side change management, technical document management, user analysis, and strategic communication. Holds PhD in Technical Communication and Rhetoric from Texas Tech University (2017). Works closely with iQonsulting on engagements, serving as their technical writing partner of choice.
• London Health PartnerssecondaryStrategic or Co-development PartnerSamer Abou-Sweid, P.Eng, MHSc, CHE serves as Principal and Managing Partner. Healthcare consultancy dedicated to empowering hospitals and healthcare systems globally to navigate complex challenges and implement digital health strategies. Brings over 25 years of experience in academic and community hospitals, home and community care, and long-term care.
• DigiBiomicssecondaryStrategic or Co-development PartnerDr. Meraj Khan serves as Founder and CEO. biotech company leveraging AI and large-scale predictive analytics for personalized care. Affiliated with Hospital for Sick Children and University of Toronto. Focuses on precision diagnostic and therapeutic tools for cancers, mental health conditions, and lung diseases using NLP, LLMs, and predictive analytics.

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/iQonsulting_
• LinkedInlinkedin.com/company/iqonsulting-incorporated

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about iQonsulting