Healthcare industry is a major sector in the United States. The sector commands an average worth of $3 trillion. The country spends an average of $9,237 per person annually on healthcare provision. This greatly dwarfs the amount spent by third world countries on health. However, despite the significant capital input, the country’s life expectancy has not superseded other lesser spending countries. A large market gap in healthcare technology has been in existence for long a period. Very few companies have previously invested in this lucrative and health improving venture. Lately, new players have entered the healthcare field. Amazon, an online shopping platform has acquired licenses to distribute healthcare equipment. CVS is an online drugstore and pharmacy. CVS has developed a more improved healthcare package that combines insurance, medicine, and routine care provision. This aspect of bringing healthcare services together and incorporating technology can be of great importance in improving health service delivery.
Drew Madden is an experienced healthcare IT entrepreneur. Madden has an industrial engineering degree in Medical Systems from the University of Iowa College of Engineering. Madden’s healthcare IT career started at Cerner Corporation where he was an Implementation Consultant. Madden later worked for Ingenix as an Epic consultant and in the business development department. Ingenix is a subsidiary of OptumInsight.
He joined Nordic Consulting Partners in 2010 where he served as president from 2011 to 2016. Nordic is the largest Epic consultancy company in the world. Nordic has received numerous KLAS awards for consulting excellence. The company was ranked number one in 2012 and 2014 for Epic Implementation services. During his tenure, Nordic experienced massive developments. The company’s employees grew from 10 to a whopping 725. The company’s client partners also rose from 3 to 150. These developments were accompanied with a tremendous annual revenue rise from $1, 000,000 to $130,000,000.
Drew Madden success can be attributed to his passion for building a beautiful company culture. He develops high caliber team of employees to work with him. Madden also creates trusted client partnerships and this has been key in the realization of the massive revenue growth at Nordic.