Telemedicine Software Provider Aligns with Global Healthcare Business-Building Firm
November 10, 2014 – SnapMD, a leading private-label enterprise telemedicine technology company, today announced it has completed a strategic relationship with Tiger Hill Healthcare, a global business-building firm focused on healthcare innovation. The alignment of the two companies will further drive expansion of SnapMD’s Connected Care telemedicine solution in the United Kingdom as well as other EU countries. Additionally, Tiger Hill Healthcare will lead efforts in the Middle East with a base of operation in the United Arab Emirates.
“This is an alignment that has been forged deliberately over time with its beginning founded in the early days of SnapMD’s history,” said Tiger Hill Healthcare co-Founder, Indranil Ghosh. “We have a great interest in Telemedicine and recognized from the outset that SnapMD was building something different in the market. Their business model of private-label software delivered directly to established healthcare providers that already have the trust of their patient populations is the winning formula. We see great success for both companies in the future and are very pleased with the formalization of our relationship.”
With the alignment in place, SnapMD is well positioned to focus most of its efforts in the United States while Tiger Hill Healthcare leads the way Internationally. Providing business development, account support and other services to SnapMD customers overseas, Tiger Hill Healthcare will enable compounded growth for SnapMD and ensure quality service outside the US.
“Building a pure software solution Telemedicine play that did not also present competing healthcare services to the market was and is a priority for us. Tiger Hill Healthcare validated this approach across a number of markets and has been instrumental in working with our board and executive team to fine- tune our business model, particularly as is relates to international markets,” said Dave Skibinski, President and CEO of SnapMD. “The development of our relationship has been a natural progression and truly makes sense for both companies.”
SnapMD is a leader in private-label telemedicine cloud-based software. The company provides a robust HIPAA compliant communications platform developed to enable healthcare providers to directly engage patients. The SnapMD platform furnishes secure one-on-one live video, audio and text consultations between ambulatory patients and their primary care and specialty care physicians. Using SnapMD, healthcare providers can conduct on-demand virtual consultations to reduce avoidable visits to the emergency department, schedule and conduct follow-up consultations for patients undergoing active treatment, provide remote medical services such as in-school virtual clinics and physician-to-physician consultations. With SnapMD Telemedicine technology, healthcare providers have another powerful tool to help them find efficiencies in personnel utilization while continuing to deliver quality care. For more information, please visit http://www.snap.md
About Tiger Hill Healthcare
Tiger Hill Healthcare (THH) is a global business-building firm that partners with disruptive, high-growth companies in digital healthcare. THH is led by Dr. Indranil Ghosh, Mr. Olivier Jarry and Ms. Michele McHugh-Mazatta – three highly experienced executives with over 70 years of cumulative track record in leading pharmaceutical, medical device, and healthcare investing firms. With a footprint extending across North America, Europe, Middle East and India, THH is well-placed to act as an growth acceleration partner to innovative healthcare companies with global potential. Tiger Hill Healthcare is part of the Tiger Hill Capital group. More information can be found on http://www.tigerhillcapital.com.
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