CirrusMD poised for continued growth as industry leader in virtual care
CirrusMD today announced that strong customer acquisition, strategic partner relationships, and steady increased revenue, has further propelled the company into a leadership position within the virtual care market. The company raised over $3 million in funding and has experienced exponential growth in 2016, and in addition, introduced its most full-featured telemedicine platform to date.
The company is seeing accelerating growth with year over year company revenue increasing 271 percent. Much of this is due to the influx of new customers and partnerships which allowed CirrusMD's patient population to grow over 850 percent. Key new relationships include Emergency Medicine Associates, Emergency Medicine Consultants, Maryland Physician Care, and the largest integrated delivery network in the country.
"Telemedicine is a transformative tool for creating access to care when and where it's needed," says Dr. Matthew Muller, associate chief safety and quality officer, Emergency Medicine Consultants, Ltd. "CirrusMD has built a solution that enables us to remain connected to our patients. Historically, when questions arise or symptoms worsen following an emergency room visit, many patients had no choice but to return, incurring additional charges and inconvenience. Virtual care has become an important strategy to improve continuity of care for our patients, building trust and strengthening relationships, as we journey toward more patient-centered, value-based healthcare systems."
The company also made some key hires to enhance current service capabilities, while helping build a solid foundation for the future. This includes the appointment of new creative director, Taylor Dollarhide, as well as the addition of Brian Voight and Kent Malmberg as senior directors of business development, Robyn Dietz for director of account management, and Will McDonald for manager of inside sales. CirrusMD's strong momentum reflects increasing market demand for robust virtual healthcare solutions.
"This has been a year of incredible growth for us," said Andrew Altorfer, CEO of CirrusMD. "We've spent the past year building a very rich product that allows patients to text with a local, in-network doctor in under one minute, which in turn has fueled overwhelming demand for CirrusMD. Our goal is to extend our leadership position in the industry as the transformation to value-based care is creating new opportunities for companies like ours to solve pain points for providers, payers, and health systems looking to facilitate a better relationship with their patients."