|By Business Wire||
|April 25, 2014 10:10 AM EDT||
ZeOmega Inc., the premier provider of software solutions for population healthcare management, today released 2013 performance results reflecting a year of unprecedented, award-winning growth marked by continued market expansion, product innovation, corporate development, and successful implementations. The company will leverage this momentum to further strengthen its position as a market leader in 2014.
“One of ZeOmega’s hallmarks has always been to anticipate market needs, and to have the necessary resources in place before opportunities present themselves,” said Sam Rangaswamy, founder and CEO of ZeOmega. “This proactive approach has fueled our success for over a decade, and we’re continually modifying it to ensure that our client relationships are mutually beneficial, seamless, and efficient. It has put us in the right place as a company, and has us well positioned to take our business to an even higher level in 2014.”
Continued Business Growth
Three major ZeOmega clients went live on Jiva in 2013, including a health plan covering more than 4 million lives that entered into an agreement earlier in the year. Several existing clients also successfully implemented additional Jiva capabilities to expand their population health management initiatives. Combined, new and existing ZeOmega clients deployed Jiva capabilities to manage more than 7.5 million additional covered lives in 2013.
Expanded ACO and Provider Market Presence
Along with its major Pioneer ACO client, ZeOmega’s solutions have been selected by a health system preparing to become an ACO in St. Louis and an Integrated Delivery Network (IDN) in Washington. The IDN, which is also a Shared Savings ACO, recently completed a successful Jiva go-live and plans to ultimately deploy the technology to its provider network.
Jiva Offering Expansion
ZeOmega continued to expand its offerings to accommodate the needs of the burgeoning accountable care market. The next Jiva release, scheduled for Q2 2014, will include several ACO-centric features, such as dashboards and registries for ACO, STAR, and other measures; an advanced clinical integration engine, care transitions content, and a continued expansion into medication therapy management.
ZeOmega added several key industry veterans to its executive management team in 2013 and early 2014, each of whom will play a crucial role in helping the company sustain its momentum and market growth. They include:
- Julie Sizemore, Vice President of Client Relations
- Matt Adamson, Vice President of Product Management for ACO and Value-Based Care
- Barry Zajac, Vice President of Product Management for Predictive Analytics
- Arie van den Akker, Vice President of Business Development
- Jeff Rush, Chief Technology Officer
- Steve Lerch, SVP, Sales & Marketing and Chief Financial Officer
Additionally, by the end of 2013, ZeOmega added nearly 150 employees, bringing its total workforce to more than 400, and expects to increase to 700 employees in the next 12 months.
To accommodate its continued expansion, ZeOmega announced that it will use $21.5 million in growth equity financing it received in 2013 to fund investments in infrastructure and personnel. The investment was led by a growth-focused private equity fund, along with ZeOmega’s existing investors.
Award Winning Results
ZeOmega’s continued revenue growth was recognized with several prestigious awards in 2013.
Inc. magazine named the organization to its seventh annual Inc. 500|5000 report, an exclusive ranking of the nation’s fastest-growing private companies. ZeOmega’s three-year sales growth of 232 percent placed it #1678 across all industries recognized, and #55 of 151 companies in the Dallas Metroplex.
The company also ranked #308 on Deloitte’s Technology Fast 500™ list of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. ZeOmega’s recognition resulted from 278 percent revenue growth during the period Deloitte used to determine the 2013 ranking.
ZeOmega placed #11 on the Metroplex Technology Business Council’s Annual Fast Tech Award listing of the top 35 tech companies by growth in North Texas, making it one of only five companies to appear on the list for three consecutive years. It previously ranked #13 in 2012 and #24 in 2011.
“What we achieved in 2013 sets us up very well for continued development in 2014 and beyond,” Rangaswamy said. “We set high goals for our company last year, and exceeded them almost across the board. 2013 was very rewarding, and we plan to build on that success in our effort to be the preeminent provider of technologies that allow healthcare organizations to excel in the post-reform environment.”
ZeOmega’s powerful population health management platform delivers high-value, strategic solutions enabling payers and care-delivery organizations to improve individual health and provider performance. With deep domain expertise and a comprehensive understanding of complex population health challenges, ZeOmega serves as a “true-north” partner for clients — offering flexible deployment and delivery models that leverage an innovative platform designed to integrate workflow, analytics, content and communication capabilities. By consistently meeting customer expectations and project benchmarks, ZeOmega has earned a sterling reputation in the industry for responsiveness and reliability. For more information, visit www.zeomega.com or call 214-618-9880. Follow ZeOmega on Twitter, LinkedIn or Facebook.
Trademark Information: ZeOmega and Jiva are registered trademarks or trademarks of ZeOmega Inc. or its subsidiaries in the United States and other countries. Other marks or brands may be claimed as the property of others.
Rapid innovation, changing business landscapes, and new IT demands force businesses to make changes quickly. In the eyes of many, containers are at the brink of becoming a pervasive technology in enterprise IT to accelerate application delivery. In this presentation, attendees learned about the: The transformation of IT to a DevOps, microservices, and container-based architecture What are containers and how DevOps practices can operate in a container-based environment A demonstration of how ...
Dec. 7, 2016 12:45 PM EST Reads: 1,068
President Obama recently announced the launch of a new national awareness campaign to "encourage more Americans to move beyond passwords – adding an extra layer of security like a fingerprint or codes sent to your cellphone." The shift from single passwords to multi-factor authentication couldn’t be timelier or more strategic. This session will focus on why passwords alone are no longer effective, and why the time to act is now. In his session at 19th Cloud Expo, Chris Webber, security strateg...
Dec. 7, 2016 12:35 PM EST Reads: 172
"At ROHA we develop an app called Catcha. It was developed after we spent a year meeting with, talking to, interacting with senior citizens watching them use their smartphones and talking to them about how they use their smartphones so we could get to know their smartphone behavior," explained Dave Woods, Chief Innovation Officer at ROHA, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 7, 2016 12:30 PM EST Reads: 605
SYS-CON Events has announced today that Roger Strukhoff has been named conference chair of Cloud Expo and @ThingsExpo 2017 New York. The 20th Cloud Expo and 7th @ThingsExpo will take place on June 6-8, 2017, at the Javits Center in New York City, NY. "The Internet of Things brings trillions of dollars of opportunity to developers and enterprise IT, no matter how you measure it," stated Roger Strukhoff. "More importantly, it leverages the power of devices and the Internet to enable us all to im...
Dec. 7, 2016 12:30 PM EST Reads: 712
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
Dec. 7, 2016 12:30 PM EST Reads: 832
Cloud Expo, Inc. has announced today that Andi Mann returns to 'DevOps at Cloud Expo 2017' as Conference Chair The @DevOpsSummit at Cloud Expo will take place on June 6-8, 2017, at the Javits Center in New York City, NY. "DevOps is set to be one of the most profound disruptions to hit IT in decades," said Andi Mann. "It is a natural extension of cloud computing, and I have seen both firsthand and in independent research the fantastic results DevOps delivers. So I am excited to help the great t...
Dec. 7, 2016 12:00 PM EST Reads: 586
We are always online. We access our data, our finances, work, and various services on the Internet. But we live in a congested world of information in which the roads were built two decades ago. The quest for better, faster Internet routing has been around for a decade, but nobody solved this problem. We’ve seen band-aid approaches like CDNs that attack a niche's slice of static content part of the Internet, but that’s it. It does not address the dynamic services-based Internet of today. It does...
Dec. 7, 2016 12:00 PM EST Reads: 1,112
The many IoT deployments around the world are busy integrating smart devices and sensors into their enterprise IT infrastructures. Yet all of this technology – and there are an amazing number of choices – is of no use without the software to gather, communicate, and analyze the new data flows. Without software, there is no IT. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, Dave McCarthy, Director of Products at Bsquare Corporation; Alan Williamson, Principal...
Dec. 7, 2016 11:47 AM EST Reads: 228
"Venafi has a platform that allows you to manage, centralize and automate the complete life cycle of keys and certificates within the organization," explained Gina Osmond, Sr. Field Marketing Manager at Venafi, in this SYS-CON.tv interview at DevOps at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 7, 2016 11:45 AM EST Reads: 1,021
"We analyze the video streaming experience. We are gathering the user behavior in real time from the user devices and we analyze how users experience the video streaming," explained Eric Kim, Founder and CEO at Streamlyzer, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 7, 2016 11:45 AM EST Reads: 454
"ReadyTalk is an audio and web video conferencing provider. We've really come to embrace WebRTC as the platform for our future of technology," explained Dan Cunningham, CTO of ReadyTalk, in this SYS-CON.tv interview at WebRTC Summit at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 7, 2016 11:30 AM EST Reads: 649
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Dec. 7, 2016 11:15 AM EST Reads: 2,284
IoT solutions exploit operational data generated by Internet-connected smart “things” for the purpose of gaining operational insight and producing “better outcomes” (for example, create new business models, eliminate unscheduled maintenance, etc.). The explosive proliferation of IoT solutions will result in an exponential growth in the volume of IoT data, precipitating significant Information Governance issues: who owns the IoT data, what are the rights/duties of IoT solutions adopters towards t...
Dec. 7, 2016 11:01 AM EST Reads: 183
Regulatory requirements exist to promote the controlled sharing of information, while protecting the privacy and/or security of the information. Regulations for each type of information have their own set of rules, policies, and guidelines. Cloud Service Providers (CSP) are faced with increasing demand for services at decreasing prices. Demonstrating and maintaining compliance with regulations is a nontrivial task and doing so against numerous sets of regulatory requirements can be daunting task...
Dec. 7, 2016 11:00 AM EST Reads: 979
"We are a modern development application platform and we have a suite of products that allow you to application release automation, we do version control, and we do application life cycle management," explained Flint Brenton, CEO of CollabNet, in this SYS-CON.tv interview at DevOps at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 7, 2016 11:00 AM EST Reads: 979