As the healthcare industry continues to evolve, one Ann Arbor-based company is capitalizing on the trend by staying ahead of the communication curve.
CareEvolution creates software that allows one hospital's data center to speak to another's, facilitating a sharing of electronic medical records and information that streamlines patient care.
"We help hospitals exchange information with one another or doctors with hospitals," Kheterpal says.
That process has become more complicated with new federal regulations in legislation like the Affordable Care Act (AKA Obamacare), prompting companies like CareEvolution to step into the breach.
"Much of what we do has come into sharper focus," says Vik Kheterpal, principal of CareEvolution. "That has fueled our growth."
That growth includes 15 new hires at CareEvolution, bringing the 10-year-old company's staff to 50 employees and a few interns. Kheterpal expects to hire another 15-17 people over the next year. That is being prompted by 60-percent-plus revenue growth.
"We expect to grow faster than that in 2013," Kheterpal says.
Source: Vik Kheterpal, principal of CareEvolution
Writer: Jon Zemke
Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.
Enjoy this story?
Sign up for free solutions-based reporting in your inbox each week.