Welcome!

News Feed Item

ZeOmega Anticipates Continued Growth in 2014

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.

Expanded Team

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.

Financial Stability

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.”

About ZeOmega

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 TwitterLinkedIn 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.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that MIRAI Inc. will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MIRAI Inc. are IT consultants from the public sector whose mission is to solve social issues by technology and innovation and to create a meaningful future for people.
Recently, REAN Cloud built a digital concierge for a North Carolina hospital that had observed that most patient call button questions were repetitive. In addition, the paper-based process used to measure patient health metrics was laborious, not in real-time and sometimes error-prone. In their session at 21st Cloud Expo, Sean Finnerty, Executive Director, Practice Lead, Health Care & Life Science at REAN Cloud, and Dr. S.P.T. Krishnan, Principal Architect at REAN Cloud, will discuss how they bu...
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, will discuss how from store operations...
As hybrid cloud becomes the de-facto standard mode of operation for most enterprises, new challenges arise on how to efficiently and economically share data across environments. In his session at 21st Cloud Expo, Dr. Allon Cohen, VP of Product at Elastifile, will explore new techniques and best practices that help enterprise IT benefit from the advantages of hybrid cloud environments by enabling data availability for both legacy enterprise and cloud-native mission critical applications. By rev...
In his session at 21st Cloud Expo, James Henry, Co-CEO/CTO of Calgary Scientific Inc., will introduce you to the challenges, solutions and benefits of training AI systems to solve visual problems with an emphasis on improving AIs with continuous training in the field. He will explore applications in several industries and discuss technologies that allow the deployment of advanced visualization solutions to the cloud.
Join IBM November 1 at 21st Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA, and learn how IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Cognitive analysis impacts today’s systems with unparalleled ability that were previously available only to manned, back-end operations. Thanks to cloud processing, IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Imagine a robot vacuum that becomes your personal assistant tha...
The next XaaS is CICDaaS. Why? Because CICD saves developers a huge amount of time. CD is an especially great option for projects that require multiple and frequent contributions to be integrated. But… securing CICD best practices is an emerging, essential, yet little understood practice for DevOps teams and their Cloud Service Providers. The only way to get CICD to work in a highly secure environment takes collaboration, patience and persistence. Building CICD in the cloud requires rigorous ar...
Nordstrom is transforming the way that they do business and the cloud is the key to enabling speed and hyper personalized customer experiences. In his session at 21st Cloud Expo, Ken Schow, VP of Engineering at Nordstrom, will discuss some of the key learnings and common pitfalls of large enterprises moving to the cloud. This includes strategies around choosing a cloud provider(s), architecture, and lessons learned. In addition, he’ll go over some of the best practices for structured team migrat...
SYS-CON Events announced today that Datera will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Datera offers a radically new approach to data management, where innovative software makes data infrastructure invisible, elastic and able to perform at the highest level. It eliminates hardware lock-in and gives IT organizations the choice to source x86 server nodes, with business model option...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Infoblox delivers Actionable Network Intelligence to enterprise, government, and service provider customers around the world. They are the industry leader in DNS, DHCP, and IP address management, the category known as DDI. We empower thousands of organizations to control and secure their networks from the core-enabling them to increase efficiency and visibility, improve customer service, and meet compliance requirements.
Digital transformation is changing the face of business. The IDC predicts that enterprises will commit to a massive new scale of digital transformation, to stake out leadership positions in the "digital transformation economy." Accordingly, attendees at the upcoming Cloud Expo | @ThingsExpo at the Santa Clara Convention Center in Santa Clara, CA, Oct 31-Nov 2, will find fresh new content in a new track called Enterprise Cloud & Digital Transformation.
SYS-CON Events announced today that NetApp has been named “Bronze Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. NetApp is the data authority for hybrid cloud. NetApp provides a full range of hybrid cloud data services that simplify management of applications and data across cloud and on-premises environments to accelerate digital transformation. Together with their partners, NetApp emp...
SYS-CON Events announced today that N3N will exhibit at SYS-CON's @ThingsExpo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. N3N’s solutions increase the effectiveness of operations and control centers, increase the value of IoT investments, and facilitate real-time operational decision making. N3N enables operations teams with a four dimensional digital “big board” that consolidates real-time live video feeds alongside IoT sensor data a...
Smart cities have the potential to change our lives at so many levels for citizens: less pollution, reduced parking obstacles, better health, education and more energy savings. Real-time data streaming and the Internet of Things (IoT) possess the power to turn this vision into a reality. However, most organizations today are building their data infrastructure to focus solely on addressing immediate business needs vs. a platform capable of quickly adapting emerging technologies to address future ...