Tuesday, July 31, 2007

Solantic Lands $100m in VC Deal - Expanding Urgent Care Services with an Edge!

Solantic is deploying rapidly while embracing new technology to enhance patient processing and service.

Solantic, based in Orlando, just landed $100 million in venture capital from New York based Welsh, Carson, Anderson & Stowe. They are a private equity firm with over $16 billion of capital under management - healthcare is on their radar.

A little about Solantic and their plans. Richard Scott, founder of Columbia/HCA, and former news anchor Karen Bowling founded Solantic. Solantic operates 13 urgent care clinics across Florida.

They are using their new VC money to open 40 freestanding clinics by the end of 2009. They also intend to acquire some competitve facilities too.

The breakdown of their rollouts is to open 12 locations this year with 24 more locations over the next two
years. Keep in mind some of the 24 will be acquisitions of existing facilities. Merging of systems, data, processes and people.

olantic clinics focus on getting patients in and out of the door within 1 hour. They also want to display wait times on a screen in the lobby. Hey-why stop there- they will also give patients beepers if they want to leave the clinic while waiting for the doctor.

Sounds like one of my favorite restaurants' pager systems when they have a table wait. That's a good example of applying technology from one industry to another..works the same way..just a different scenario and industry.

Jamie"s MOTTO.....

Don't follow the path that is already there....go instead where there is no path....and leave a trail....

This trail is a part of a long journey .....