Vic Nunes, CEO & Founder of QMed Innovations Inc profile

Vic Nunes
CEO & Founder
QMed Innovations Inc


Vic Nunes, CEO & Founder of QMed Innovations Inc Certificate

“A Trailblazer”

Vic Nunes, CEO & Founder of QMed Innovations Inc, excels as a business strategist. He has spent over 30 years in the orthopedic industry as an executive responsible for operations and supply chain organizations, including at DePuy Synthes, a Johnson & Johnson company.

Mr. Nunes has a clear vision of where he would like to take the company and a roadmap for getting there. Still, he is highly approachable and garners respect and camaraderie from the team. Mr. Nunes is also exceptionally generous with his time, frequently sharing his knowledge and wisdom with entrepreneurs just getting started with their new ventures.

Mr. Nunes understands that success is ingrained in scalability and teamwork. He believes, assembling the right talent that can cohesively work towards a common goal is paramount to success. While he leads and charts the course for the company, he relies on the team to execute the vision. That is the culture at QMed - succeed as a team.

QMed Innovations is comprised of experts who have come together to create game-changing technologies for medical device manufacturers, distributors, and providers. The company's technology provides accurate daily location of surgical device kits, capturing key data points, and reports across several stakeholders, including inventory management, sales, customer support, and compliance.

QMed improves the bottom-line performance of medical device companies by providing unprecedented visibility, utilization, and control of an organization or users medical device inventory across the supply chain. The company provides an integrated hardware and software solution, that is autonomous, simple, and unique. Users are able to view information that was previously nearly impossible to ascertain and significantly reduce operating costs.

“We are a technology company, and as such, embrace tools that increase efficiency and productivity. We leverage all means of software and hardware instruments to help our employees be the most efficient they can be,” says Mr. Nunes. “Our differentiation comes from the collective talent of our employees. We genuinely believe that competition is a positive and very powerful motivator. It all begins and ends with our customers. If we are listening to them, keeping abreast of the latest technology, forming the right partnerships, generating the appropriate pipeline of innovative offerings, and executing on our plan, we will be successful in the end.”

As a B-to-B provider, QMed Innovations generates value for its customers by improving their bottom line. QMed Innovations does this in two ways: creating new revenue opportunities and increasing efficiencies for their customers.

The Qvue predictive analytics software leverages machine learning and artificial intelligence to help QMed Innovations customers maximize the utility of their assets. QMed Innovations has reduced its customer’s medical instrument tray capital purchases by 60% by providing them with the necessary data to improve each tray's number of turns (surgical usage). This has allowed QMed customers to offer hospitals and Ambulatory Surgery Centers tools for improving their efficiencies while freeing up time for company sales representatives to make more sales calls.

“It is remarkable the attention we have garnered in the orthopedic industry. We are working with some of the largest players in medical device sector and creating a value stream that significantly improves their bottom line,” adds Mr. Nunes. “We continue to refine our software platform to provide actionable data for our customers. In the not-too-distant future, we will be able to add value and efficiency across their entire supply chain. QMed Innovations has a spectacularly bright future on the horizon. We look forward to expanding our team in the coming months and continuing to help our customers improve their bottom line through the power of insight.” IE


Company

QMed Innovations Inc

Management

Vic Nunes
CEO & Founder
QMed Innovations Inc

Description

Our Quest product was designed for the orthopedic market and can withstand autoclave cycles. The unit provides autonomous surgical kit tracking and monitoring that allows manufacturers, distributors, and providers to increase kit turns while reducing kit spend. The QVue customer interface portal offers turn counts, maintenance cycles, and other actionable business analytics to facilitate informed decision making.


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