Category Archives: Healthcare IT

An Overview Of The Healthcare Industry And Drew Madden’s Contributions In Shaping It

Good healthcare is the backbone of a stable economy of any country. The healthcare industry serves as a platform where many opportunities to improve the world exist. Enacting a successful business in the healthcare domain does not only mean creating a billion-dollar company but also saving and improving the lives of many people. One of the primary factors as to why healthcare is a lucrative industry to invest in is because it is a massive industry in the U.S. estimated to have a $3.35 trillion market value. Although it is such a huge industry, it is ever growing thus giving many entrepreneurs an opportunity to invest. Moreover, the healthcare industry is open to innovations hence there is no set limit for the number of entrepreneurs entering this sector. With big regulatory shocks, slots for new players in the healthcare industry are increasingly becoming open.

 

The ever-expanding health tech space is gradually becoming filled with many technological companies which are striving to make this industry consumer friendly. It is a move motivated by companies such as Amazon with are renowned for being consumer-friendly. With an entry of these technological companies, more people are expected to benefit from good healthcare. Companies such as Aetna, CVS, and Amazon reach many people across the country thus the move of delivering consumer-friendly business models and technologies will ensure that millions of people benefit by living longer lives and in good health.

 

With demand for provision of consumer-friendly services in healthcare, there is a need of seeking the right expertise. Drew Madden is an individual who strives to impact a positive change in this industry by offering services such as building good company culture, improved client partnerships, and creating competent teams. Drew Madden’s impeccable knowledge of health IT entrepreneurship has assisted him in achieving an unsurpassed performance record in Nordic Consulting Partners. Drew Madden joined this firm in the year 2010 but served as its president from 2011 to 2016. During his tenure, the company saw an increase of client partners from three to one hundred and fifty. Moreover, the annual revenue of Nordic grew from $1,000,000 to $130,000,000.

 

Drew Madden’s incredible performance led to the creation of more employment opportunities which led to an increase of the employees 10 to 725.

 

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