Hogan and Golub want to further develop online training systems for users and find partners who can help deliver the services. We’re also working on increasing strategic partnerships-more partners for sales, marketing and additional services.” “We want to be able to do what we do very effectively and then we want to be able to do a lot of it. “Right now we’re trying to shape up our internal processes,” Hogan says.
Medisked venture forthe how to#
They’ve already demonstrated that they know how to get out there and pull in new customers and go with it.”Īt the incubator, Hogan and Golub have benefited from advice from RIT professors, help from students who need cooperative work experience and use of office space at the RIT campus.
“They’re in (information technology), and that means you’ve got to run faster than your competition. “They have very positive prospects,” says Donald Boyd, vice president for research for RIT and director of the RIT Venture Creations incubator. Medisked has been at Venture Creations almost two years. But they want to grow at a manageable rate and are considering the possibility of seeking venture capital to expand the business. Golub and Hogan also believe the service could extend well beyond nursing homes-even into businesses such as hair salons-eventually.
Working with the client in Maine has helped the firm demonstrate it has built enough flexibility into the system to take it beyond New York State regulations. Medisked has customers in Rochester, Buffalo, Syracuse, Long Island and Maine, Hogan says.
The firm’s gross revenues are roughly $50,000 a month.
Medisked venture forthe software#
They since have hired staffers to help with data implementation, software development and training for customers.
Medisked venture forthe full#
“We’ve been picking up agencies ever since,” Hogan says.īy the end of 2004, the pair decided they had revenues up to a level where both could pursue Medisked full time. They attended a conference for small nursing homes and picked up two more customers for Medisked. through 2003 and most of 2004 while Hogan continued his nursing home administrative job. Golub continued working as a database systems analyst at Century Mold Co. For the first year, they worked only with the nursing home Hogan’s family owned.įull access to staff at that facility and an employee who understood state requirements for such facilities enabled them to develop a system to integrate electronic billing to Medicaid, scheduling and payroll. Golub and Hogan decided that the two had the skills to together develop such an integrated system. The only systems affordable to small organizations were not integrated-for example, billing was separate from scheduling. Larger nursing homes that were part of national chains could use systems designed for major health care groups, Hogan and Golub note. They needed an online system that is efficient, lets them grow.” “When we started talking to agencies, a ton were operating with way more paper than needed. “Health care is one of the last areas to get automated,” he says. As soon as you can find something, let us know.” The two began asking health care agencies to recommend affordable software used by nursing homes and were usually met with the same answer, Golub says: “We use paper. Thomas Golisano College of Computing and Information Sciences. Philip Saunders College of Business at RIT Golub earned a master of science in information technology from RIT’s B. The friends also had earned graduate degrees at the same institution. He asked Golub, a friend since undergraduate study at SUNY College at Geneseo, to help find software that would streamline the many schedules and forms required at the home. The idea for the business grew from Hogan’s experience working for Venture Forthe Inc., a nursing home owned by his family in Niagara Falls. The company operates out of the Rochester Institute of Technology business incubator, Venture Creations, and may be ready to go out on its own in the next year. In three years since starting Medisked LLC, Hogan and Golub, both 26, have attracted 33 customers and hired four employees. But new customers came in so fast for their Web-based health care office system that they did not have time, or much of a need, to look for any. If outside capital had come their way, Thomas Hogan and Douglas Golub would not have turned it down. Health care community behind automated curve.