Having moved 40,000 doctors nationwide into its online claims system, MD On-Line is poised to take them for the next technology leap: trading their paper charts for electronic health records, where the patient's entire medical history can be accessed online by any health care provider on earth who needs to see it - whether the patient is home in New Jersey or traveling in China.
Christina Mazza Suite Escape Favorite quote: Lawrence P. Goldman President and CEO, New Jersey Performing Arts Center “Life is the question and life is the answer.” – Kris Kristofferson Mark Juliano CEO, Trump Entertainment Resorts Inc. “Don’t expect anything and you will never be disappointed.” Bill Bartzak, founder and CEO of MD On-Line, says he expects acquisitions to play an important role in his company’s growth, including a jump from 67 employees today to 100 by 2012. Finding a cure to cyclical swings in business Gil Medina Executive managing Medical technology company nearly doubles revenue in one year 1980s, he went looking for a new business that director, Cushman & wasn’t vulnerable to cyclical swings. “I decided Wakeﬁeld of New Jersey BY BETH FITZGERALD will beat you there,” Bartzak said. my next business had to be technology-based, “It’s not enough that we MD ON LINE, a technology company that Instead of slowing his company down, and recession-proof,” he said. do our best; sometimes ushers doctors into the digital age, has nearly Bartzak said the recession has helped MD MD On-Line gets a steady stream of recur- we have to do what’s doubled its On-Line’s revenue grow to $11.6 million in ring revenue from the doctors and insurance required.” revenue and 2009, from $6 million the year before, as doc- companies that subscribe to its services; the – Winston Churchill work force tors and insurers strive to cut costs by shifting insurers subsidize the expense of filing electronic during the recession. from paper to computer. Two years ago, one of claims, to encourage doctors to use technology. CEO Bill Bartzak said the company he his largest clients, WellPoint, “put a challenge “We’ve really proved that this business
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