LOS ANGELES, Jan. 5, 2015 /PRNewswire-USNewswire/ -- Rick Adam has been named the new President and Chief Operating Officer of Stanson Health, a next generation clinical decision support and analytics company.
Rick is a graduate of West Point. He was Chief Information Officer at Goldman Sachs and Baxter International. He was the Founder and CEO of Recondo Technology, a health care revenue cycle company. Rick grew Recondo from a "start-up" company to 750 hospital customers. Prior to Recondo, he was the founder and CEO of New Era of Networks (NEON). Rick took NEON from a "start-up" company to a large publicly traded company with 3,000 customers.
Scott Weingarten, MD, Chairman of the Board of Stanson Health, said, "Rick is a health care executive with a proven track record of delivering value to customers. He has successfully guided companies from "start-up" phase to a large publicly traded company. We believe that Rick's exemplary leadership, operational, and commercial skills will enable Stanson to continue its remarkable growth trajectory and enable Stanson customers to achieve significant improvements in the value, quality, and efficiency of patient care."
The Stanson Clinical Decision Support and Analytics suite of products was first released in June 2014. Within the first 6 months following product launch, approximately 20 hospitals purchased Stanson products for use by their physicians and other health care providers across the continuum of care. Implementation of Stanson clinical decision support at customer sites has been widely accepted by physicians, leading to substantial improvements in patient care as well as reductions in health care costs. Based on an evaluation of the results achieved following implementation, the return-on-investment (ROI) of the Stanson product has been estimated to be more than 15:1. Stanson expects 2015 to be a very strong year with clients demonstrating additional improvements in care and reductions in unnecessary health care costs.
About Stanson Health
Headquartered in Los Angeles, CA, Stanson Health is leading the way in developing next generation CDS solutions. Stanson provides EMR-integrated real time alerts optimized for use in the physician's clinical workflow. Combined with relevant analytics, Stanson solutions safely guide physician decisions toward the elimination of unnecessary or inappropriate care and help improve the quality of care.
Murtaza Mogri, Director
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SOURCE Stanson Health