Stethoscope on laptop keyboard
Stat Doctors gets $3.5M investment
QuadMed, a nationally recognized provider of onsite, near site and shared site employer-sponsored health and wellness solutions, has entered into a strategic partnership with Stat Health Services, provider of Scottsdale-based Stat Doctors™ eHealth solution, to provide 24/7 telemedicine access for patients with minor acute healthcare needs. Under the agreement, QuadMed purchased a minority ownership interest in the company.
QuadMed’s partnership with Stat Health Services, a pioneer in virtual house call services, provides employers with an additional healthcare solution proven to dramatically reduce the cost of claims and create positive health outcomes. Through Stat Doctors, minor acute care needs are handled online by on-call emergency medicine providers. Patients receive personal treatment from the convenience of their computer or mobile device without needing to travel to a hospital emergency room or an urgent care center, avoiding waiting times and substantial expenses.
“QuadMed continues to lead the evolution of healthcare at this transformative time in the healthcare industry,” said Joel Quadracci, Chairman, President & CEO of Quad/Graphics, QuadMed’s parent company. “Stat Doctors is an innovative approach to acute healthcare delivery that complements QuadMed’s continuum of healthcare solutions focused on improving the quality of patient care and outcomes while reducing overall costs. This investment expands healthcare management solutions for employers who, like us, want to keep employees and their dependents healthy and productive.”
The QuadMed/Stat Health Services partnership signifies a pivotal shift in healthcare delivery, according to Dr. Alan Roga, M.D., Founder and Chief Executive Officer of Stat Health Services. “Stat Doctors is helping QuadMed replicate the traditional doctor-patient experience anytime, anywhere,” he said. “We are very excited to collaborate with QuadMed, which shares our vision for improving access to quality care in a convenient and cost-effective manner.”
Stat Doctors offers patients a network of the nation’s top emergency medicine specialists through its partnership with Emergency Medicine Physicians (EMP), a network of highly qualified emergency medical providers dedicated to delivering exceptional care. “We are excited to partner with QuadMed through Stat Doctors in the transformation of healthcare by providing highest quality care in a convenient, low-cost alternative to the current options,” said Dominic Bagnoli, M.D., Chief Executive Officer of EMP.
“As a pioneer in the use of telemedicine through our Corporate Health Suites solution, we have discovered that it’s not just the technology that’s important, but also the physician network,” said Tim Dickman, President of QuadMed. “The doctor-patient relationship is key to providing effective care and positive outcomes. Stat Doctors facilitates this important relationship using state-of-the-art telemedicine.”
For more information about how QuadMed and Stat Doctors are innovating healthcare delivery, visit www.quadmedical.com and www.statdoctors.com.