Drew Madden, a senior fellow at Evergreen Healthcare Partners, subscribes to the idea that forward-looking healthcare IT entrepreneurs will revolutionize the American healthcare industry. Madden is among the leading healthcare IT entrepreneurs spearheading the use of electronic medical record and electronic health record platforms to create value.
Part of the American healthcare industry for over a decade, Madden is alive to the challenges that healthcare entrepreneurs are up to every single day. The healthcare industry has been criticized for being overly regulated and, as a result, unwelcoming to new players. Madden and other like-minded professionals have had to put up with many other challenges such as political interferences and counter-intuitive payment incentives. Madden, however, has braced up despite the obstacles, designing, implementing, troubleshooting, and dealing with the various challenges of EMR platforms. The story of John Crowley is an apt example of how the healthcare industry welcomes innovations.
Madden’s entry into the healthcare industry must have been influenced by several factors including the fact that US care costs the most. The American government has been on the receiving end for pumping many resources to the healthcare industry, yet the outcome is not as pronounced. World Health Organization (WHO), for instance, has run several studies that have been concluded on the same note: care costs a pretty penny in the U.S. It is such revelations that have pushed entrepreneurs like Madden into the field; they seek to the lower the cost of healthcare or at least create a match between the resources spent and the resulting value.
The U.S government has realized its part in making healthcare cost an arm and a leg and has initiated incentives to rectify the same. Startup America, Open Innovator’s Toolkit, and Open Data Conference among others are some of the government’s motives to invite innovations in healthcare.
Drew Madden will continue to contribute to the American healthcare industry not only through innovations but also management skills. He was the president of Nordic Consulting Partners before embarking on his current job. To say that he revolutionized Nordic is an understatement. When he assumed the leadership of Nordic, the company had 10 employees, three client partners, and $1 million in revenues. His five-year tenure saw the number of client partners climb to 150. The number of employees rose to 725, and Nordic revenues increased to $130 million.