MedHub adds to staff, expands client list in Ann Arbor

Wednesday, April 1, 2009 | Source: Concentrate

MedHub is a small company enjoying sizable growth and is now leveling its sights on some significant clients.

The 7-year-old start-up has just added a software developer to grow its staff to five people. It's also looking for another two people now and probably a couple more by the end of the year. It can do this because is has enjoyed nearly 40 percent growth each year it has been around.

"This year is on pace to almost double growth," says Peter Orr, president of MedHub.

The University of Michigan spin-off uses web-enabled enterprise residency management solutions to improve communication, collaboration and residency information management. That translates to a system that tracks what medical school students do during their residencies from their first round till the end of their residency.

The idea is to track all of this information so hospitals can receive all of the Medicare reimbursement they are entitled to for the patient care they provide. That has meant more than $85 million at U-M Hospital alone.

The company has a number of large teaching hospitals across the nation, such as Stanford. It recently took on Fairview Hospital, a Cleveland Clinic affiliate, as a new customer. It expects to sign a couple more major hospitals both in the U.S. and abroad later this spring.

Source: Peter Orr, president of MedHub
Writer: Jon Zemke