REACH Health Named to Inc. Magazine Fastest-Growing Companies List

REACH Health, the leading provider of telemedicine software solutions, has been recognized by Inc. magazine in the 2013 Inc. 5000, an exclusive ranking of the nation’s fastest-growing private companies.

The Inc. 500|5000 ranks companies by overall revenue growth over a three-year period. REACH Health has had tremendous growth, more than doubling revenues between 2009 and 2012.

“For 32 years, Inc. has welcomed the fastest-growing private companies in America into a very exclusive club,” said Eric Schurenberg, Editor in Chief, Inc. magazine. “Make no mistake: The Inc. 5000 was harder to get into this year than ever in its history.”

“We are very pleased to be recognized by Inc.,” said Richard Otto, President and CEO of REACH Health. “Our growth is attributable to two factors:  First, we have a terrific team at REACH Health that works very hard to ensure the high level of clinical relevance, system reliability and customer satisfaction. Second, telemedicine is being recognized as a critical software technology in helping healthcare organizations deliver timely, quality care to their patients in a cost-effective manner.”

About REACH Health
REACH Health technology powers many of the nation’s largest, fastest growing and most successful telemedicine networks, helping health systems and accountable care organizations achieve measurable improvements in their clinical, operational and financial performance. REACH Health best-in-class software solutions combine real-time audio/video technology with vital patient data, clinical workflow and documentation to overcome the traditional obstacles of time and distance. By securely connecting physicians anytime, anywhere, REACH Health technology enables remote consultations, connects patients with specialists, and supports collaboration by clinical care teams. Physicians and clinicians embrace the ease of use of a single, intuitive platform tailored to multiple specialties. REACH Health pioneered one of the nation’s first telestroke programs and remains the innovation leader, providing the most advanced clinical solutions to improve population health and address today’s demanding healthcare mandates. For more information, visit www.reachhealth.com.

REACH Health Secures $7.4 Million in Funding

REACH Health, Inc., the leading provider of telemedicine software solutions, announced today that it has secured $7.4 million in funding. The investment firms of Buckhead Investment Partners, Council Capital and C&B Capital participated in a $4.4 million equity financing. In addition, REACH Health secured up to an additional $3 million in debt from Silicon Valley Bank.

The funding from these nationally recognized healthcare investors will enable REACH to maximize growth opportunities as more health systems implement REACH’s comprehensive telemedicine solutions to improve outcomes and reduce costs. The capital will also support the company’s continued rollout of the REACH Access platform for specialties such as neurology, cardiology, pulmonology, psychiatry and stroke.

Clinically driven REACH Health telemedicine solutions integrate real-time audio/video technology with vital patient information, images, workflow and documentation. The company’s multidiscipline workflows meet the needs of a wide range of specialties while allowing healthcare systems to invest in a single technology platform.

“We are pleased to complete this round of funding and believe that the commitment of our financial partners further validates the significant growth opportunities ahead for REACH Health,” said Richard Otto, President and CEO of REACH Health. “Telemedicine is playing an increasingly important role for healthcare systems, hospitals and accountable care organizations that need to deliver timely, quality care to their patients in a cost-effective manner.”

REACH Health was a pioneer of telestroke, and today remains at the forefront of the industry, with technology solutions that help health systems achieve measurable improvements in their clinical, operational and financial performance. By providing better access to physicians and specialists – regardless of location or time – health systems can increase patient satisfaction and quality of life while significantly impacting outcomes.

About REACH Health
REACH Health technology powers many of the nation’s largest, fastest growing and most successful telemedicine networks, helping health systems and accountable care organizations achieve measurable improvements in their clinical, operational and financial performance. REACH Health best-in-class software solutions combine real-time audio/video technology with vital patient data, clinical workflow and documentation to overcome the traditional obstacles of time and distance. By securely connecting physicians anytime, anywhere, REACH Health technology enables remote consultations, connects patients with specialists, and supports collaboration by clinical care teams. Physicians and clinicians embrace the ease of use of a single, intuitive platform tailored to multiple specialties. REACH Health pioneered one of the nation’s first telestroke programs and remains the innovation leader, providing the most advanced clinical solutions to improve population health and address today’s demanding healthcare mandates. For more information, visit www.reachhealth.com.

REACH Health Powers Telemedicine Stroke Program at Premier Health

Premier Health has launched its new Telemedicine Stroke Network using REACH Health telemedicine technology solutions. The first two hospitals in the stroke network initiated remote stroke consultations in early April, with other hospital and emergency center locations being added throughout the year.

Telemedicine enables physicians specifically trained in acute stroke care to be electronically transported to the patient’s bedside instantly. Such timely interactions with the family, ER physician and most importantly, the patient, allow for a thorough and rapid patient evaluation.
“We are delighted that Premier Health chose REACH Health as the platform for their telemedicine stroke network,” said Richard Otto, President and CEO of REACH Health. “A clinically driven telemedicine solution is much more than a piece of equipment – it streamlines the provision of specialty care and eliminates the traditional barriers of time and distance, so health systems can leverage their resources to deliver quality health care when and where it is needed.”

REACH Health’s telemedicine solutions integrate real-time audio/video technology with vital patient information, images, workflow and documentation. The company’s multidiscipline workflows meet the needs of a wide range of specialties while allowing healthcare systems to invest in a single technology platform.
 
About Premier Health
Based in Dayton, Ohio, Premier Health (www.premierhealth.com) provides services to patients throughout a nine-county region, and its mission is to build healthier communities.  The health system operates four hospitals, Miami Valley Hospital, Good Samaritan Hospital, Atrium Medical Center and Upper Valley Medical Center. In addition, the health system offers a large primary and specialty care network, along with home health services.  With over 14,000 employees and 2,300 physicians, the health system is the second largest employer in the region and is the largest health care system in Southwest Ohio.

About REACH Health
REACH Health technology powers many of the nation’s largest, fastest growing and most successful telemedicine networks, helping health systems and accountable care organizations achieve measurable improvements in their clinical, operational and financial performance. REACH Health best-in-class software solutions combine real-time audio/video technology with vital patient data, clinical workflow and documentation to overcome the traditional obstacles of time and distance. By securely connecting physicians anytime, anywhere, REACH Health technology enables remote consultations, connects patients with specialists, and supports collaboration by clinical care teams. Physicians and clinicians embrace the ease of a single, intuitive platform tailored to multiple specialties. REACH Health pioneered one of the nation’s first telestroke programs and remains the innovation leader, providing the most advanced clinical solutions to improve population health and address today’s demanding healthcare mandates. For more information, visit www.reachhealth.com.

REACH Health Announces Strategic Partnership with Rubbermaid Healthcare

REACH Health, Inc., the leading provider of telemedicine software solutions, and Rubbermaid Healthcare, the premier provider of telemedicine carts for healthcare facilities, have entered into a strategic partnership to offer an all-encompassing workflow management system to the telemedicine marketplace.

Clinically driven REACH Health telemedicine technology software solutions combine real-time audio/video technology with vital patient information, images, workflow and critical documentation. Mobile telemedicine devices connect the point-of-care to consulting physicians so they can examine patients remotely and view clinical information.

“We are delighted to partner with Rubbermaid Healthcare and offer their telemedicine endpoints and other capabilities to support health systems and ACOs in improving their clinical, operational and financial performance,” said Richard Otto, President and CEO of REACH Health. “The Rubbermaid and REACH Health brands are synonymous with quality, reliability and exceeding customer expectations.”

Rubbermaid’s best-in-class mobile telemedicine carts optimize the benefits of REACH Health’s cutting edge software solutions. In addition, Rubbermaid’s extensive network of service technicians will provide support. Rubbermaid telemedicine endpoints are engineered to Rubbermaid Healthcare’s highest quality standards with ease of use and interoperability.

“We very much believe that for telemedicine to transform how we deliver healthcare and fulfill the promises of virtual care, we must collaborate. This partnership will help to accelerate the creation of relevant telemedicine solutions by providing health systems with the highest quality mobile carts that have been seamlessly integrated with the leading software technology,” said David Pirkle, President of Rubbermaid Healthcare.

The combined focus of both companies on the future of telemedicine will help to provide healthcare systems with the advanced technologies they need as they progress on the pathway of the continuum of care.

About REACH Health
REACH Health technology powers many of the nation’s largest, fastest growing and most successful telemedicine networks, helping health systems and accountable care organizations achieve measurable improvements in their clinical, operational and financial performance. REACH Health best-in-class software solutions combine real-time audio/video technology with vital patient data, clinical workflow and documentation to overcome the traditional obstacles of time and distance. By securely connecting physicians anytime, anywhere, REACH Health technology enables remote consultations, connects patients with specialists, and supports collaboration by clinical care teams. Physicians and clinicians embrace the ease of use of a single, intuitive platform tailored to multiple specialties. REACH Health pioneered one of the nation’s first telestroke programs and remains the innovation leader, providing the most advanced clinical solutions to improve population health and address today’s demanding healthcare mandates. For more information, visit www.reachhealth.com.

About Rubbermaid Healthcare
Rubbermaid Healthcare is the premier provider of medication carts, wall-mounted workstations, mobile computing solutions and telemedicine carts for healthcare facilities striving to enhance patient care, safety and staff productivity. Product development focuses on providing caregiver workflow advantages and improving the integration and acceptance of technology into the patient care process. www.rubbermaidhealthcare.com