Drew Madden received his B.S.E. in Industrial Engineering from the University of Iowa College of Engineering. While there, he focused his studies on medical systems. In 2010, Madden began working with Nordic Consulting Partners and was their president from 2011-2016. He was able to grow the company substantially from 10 to 725 employees and from 3 to 150 partners. Currently, Madden is a managing partner for Evergreen Healthcare Partners. He is an entrepreneur in the field of healthcare and focuses his working on building teams, company culture, and partnerships with clients. He also has a passion for working with electronic medical records that help healthcare professionals do their jobs more efficiently.
Two corporate giants have recently been competing for market share in healthcare. While CVS purchased Aetna, Amazon got a hold of several patents that will enable them to sell equipment that is used in healthcare. This move could be the first of many for Amazon to start selling prescriptions. CVS, on the other hand, offers MinuteClinics and next day delivery for prescriptions. Getting into the insurance aspect of healthcare can really help how healthcare consumers look at the way they seek help for their everyday ailments.
With healthcare costs on the rise in the United States, patients may look at this option as quite viable. Currently, the US spends a lot more on healthcare than most countries while life expectancy has not increased. Patients are looking for cheaper choices in healthcare and electronic medical records, like the options Drew Madden is working on, may be able to save healthcare costs for both them and medical professionals.
Some ways hospitals can save money is through advanced planning. By working with patients to provide an easier way to fill out things like advanced directives, costs can go down. Electronic medical records can also be used to more efficiently treat patients during after care. They can also create health reports that are more understandable and easier to help with treatments. Staffing is also a huge issue in hospitals. With advanced technological software, they can more easily staff the hospital and handle logistics.