1. 2.3.

Ann Arbor Spark

April 28, 2015

CareEvolution’s growth puts bigger office search on startups radar

Growth is a word that has become synonymous with CareEvolution. The Ann Arbor-based healthcare tech startup has been adding customers and employees. Now it's looking for bigger offices to house its growing workforce.

CareEvolution hired 30 people over the last year, expanding its staff to 80 employees and a couple of interns. Most of its new hires are in software development and healthcare professionals. It is currently looking to hire even more.

"We target about 10 people per quarter," says Vik Kheterpal, principal of CareEvolution. "We have a certain rhythm with our hiring."
 
CareEvolution's software specializes in breaking down information silos in healthcare systems primarily by sharing of electronic medical records and information. The idea is to make healthcare more patient-centric and efficient.

"Our company builds the bridges between our fragmented systems," Kheterpal says.

CareEvolution has spent the last year moving its software more into the mobile space. Moves like that have enabled CareEvolution's customers to speak highly of it and enable more growth. Its revenue spiked by 91 percent last year and Kheterpal expects his company to keep up that pace in 2015.

"Our revenue is growing exceptionally fast," Kheterpal says.

Source: Vik Kheterpal, principal of CareEvolution
Writer: Jon Zemke

Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.
News from Concentrate