MedBridge Named 37th Fastest Growing Private Company by Puget Sound Business Journal

SEATTLE, November 10, 2021 (Newswire.com) - For the second year in a row, MedBridge, the industry-leading patient engagement, professional development, and reporting solution for healthcare professionals, has been named one of the 100 fastest growing companies in Washington State by the Puget Sound Business Journal (PSBJ), coming in at number 37. 

PSBJ shares these rankings to highlight the businesses that are fueling Washington State's economic engine. The companies are measured by their revenue growth over the past three years and come from a diverse group of industries that include healthcare, biotech, banking, real estate, and technology.  

During this time, MedBridge has continued its strong trajectory of dynamic growth driven by innovative virtual care solutions that help improve outcomes for healthcare organizations across settings, including home health, hospitals and health systems, outpatient rehab, and private practice. 

Throughout the COVID-19 pandemic, healthcare organizations have faced high staff attrition rates and the need to engage patients remotely as care models have changed. MedBridge's digital care solutions help organizations solve these pressing challenges with effective onboarding and clinical training to improve staff retention and quality of care, along with virtual patient activation and engagement tools to improve patient satisfaction and expand access to care.

The MedBridge platform combines evidence-based staff and patient education and engagement tools to help organizations create clinical pathways that better engage and manage patients, improve operational efficiency, reduce readmissions, and lower cost per episode. Organizations using MedBridge have seen remarkable results, including reducing costs by 47 percent, decreasing staff attrition by 75 percent, significantly shortening appointment wait times, reducing no-shows by 15 percent, and improving patient functional outcomes by 98 percent.

"As we've continued to broaden our offering of virtual care solutions, we've been able to help a larger number of clients improve quality of care and patient outcomes while lowering costs during this time of disruption and rapid change—and we believe the value of high-quality digital care will only deepen as the healthcare industry continues to evolve," says Leah Shlyakhov, MedBridge Chief Revenue Officer. "We're honored to receive this award and look forward to continuing to create innovative solutions that help our clients solve key challenges and improve the lives of their patients." 

Over the past year, MedBridge has received a number of additional accolades and recognitions, including the 2021 Puget Sound Business Journal Middle Market Fast 50, the 2021 Inc. 5000 List of Fastest-growing Private Companies, the 2021 MedTech Breakthrough Award, and two Gold and one Bronze Stevie Awards at the 2021 American Business Awards.

Source: MedBridge