November 7, 2016
Collective Medical Technologies (CMT), the leader in network-driven collaborative care management for patients with complex needs, has been recognized as the fifth fastest growing company in Utah—one of the fastest growing economies nationwide. MountainWest Capital Network (MWCN) delivered the announcement at the 22nd Annual Utah 100 Awards held in Salt Lake City on Oct. 17, 2016.
“We are thrilled to be a part of the Utah 100 and feel tremendously excited about the progress we’re making,” said Chris Klomp, CEO of Collective Medical Technologies. “Our company’s principal mission, together with our many extraordinary healthcare partners, is to eliminate avoidable patient risk by helping communities join together to improve outcomes for their most vulnerable members.”
Klomp added, “Our growth is a testament to the value CMT drives for patients and providers alike; we feel incredibly fortunate to be a part of this story. In many respects, we’ve just started to change the way complex patient care is managed and we look forward to sharing new innovations in the coming year.”
The 100 fastest growing companies in Utah are selected from thousands of eligible applicants throughout the state and represent a cross-section of all industries. Award recipients are selected based on percentage of revenue increase over five years.
“It is clear Utah is one of the hottest places in the country to start or run a business,” said Paul Skeen, chairman of the MWCN Utah 100 committee. “As a strong indicator, we had a record number of Utah companies vying for the 100 fastest growing companies in Utah along with about a 400 percent increase in the number of Emerging Elite nominations.”
“Utah is a leading state both in the number of startups and the number of companies that survive their first five years,” Gov. Herbert said. “This annual event is a great opportunity to celebrate those innovators, business owners, and entrepreneurs who keep our communities vibrant and strong.”
To read the announcement along with the complete list of Utah’s 100 fastest growing companies, visit http://www.mwcn.org/latest-news/.
About Collective Medical Technologies
Collective Medical Technologies (CMT) is the leader in complex patient healthcare management and is dedicated to eliminating avoidable risk by closing the provider communication gaps that undermine patient care. CMT uses real-time data, risk analytics, notifications, and shared care guidelines to prompt and guide provider decision making in a way that drives differential outcomes in terms of reduced ED utilization and inpatient readmissions. The result is a network of thousands of Emergency Departments, primary care, behavioral health, and other ambulatory providers, health plans, ACOs and other managed care organizations, and post-acute providers who collaborate to collectively deliver better care to millions of patients. Edie (a.k.a. PreManage ED) is endorsed by the American College of Emergency Physicians (ACEP) as a significant benefit for its physicians and their patients. Learn more at www.collectivemedicaltech.com and follow us on Twitter, Facebook, and LinkedIn.
About MountainWest Capital Network
MountainWest Capital Network is Utah’s first and largest business networking organization devoted to supporting entrepreneurial success, and dedicated to the flow of financial, entrepreneurial and intellectual capital. For more information, visit www.mwcn.org, LIKE us on Facebook and follow us on Twitter @MWCN and LinkedIn.