Farmington, CT, (April 18, 2008) - Premise Corporation, a leading provider of clinically-focused, integrated software solutions that optimize patient flow, has appointed Michael B. Kaufman to serve on its board of directors. The founder and managing partner of Knowledge Based Transactions (KBT), which provides merger and acquisition, alliance, and strategic consulting services to healthcare technology firms, Kaufman brings more than 30 years of healthcare leadership experience to Premise during this important period in the company’s growth.
Kaufman served as CEO of SDK Healthcare Information Systems for 20 years, which was founded in 1961 as the first company in healthcare computing technology. When SDK became one of the founding companies merged to form Eclipsys Corporation, Kaufman stayed on as an executive vice president for ten years. During his tenure at Eclipsys, Kaufman helped grow the company to a billion-dollar player in the healthcare IT arena and was a key member of the executive team that took the company public.
The appointment comes at a time when Premise is experiencing significant momentum and growth. Premise’s revenue increased by 260% in 2007, and the company’s five-year growth of 2,265% earned it the 71st spot on Deloitte’s Technology Fast 500, a ranking of the 500 fastest growing companies in North America.
Kaufman joins an established board that includes Joe Adam, co-founder of Premise; Jeffrey Davison, general partner of Inflection Point Ventures; Richard J. Dumler, general partner of Milestone Venture Partners; Adam Grossman, managing partner of Aetna Ventures; and Joseph Zaccagnino, former president and CEO of Yale-New Haven Health System. Premise CEO Eric Rosow, who co-founded the company, serves as the board’s chairman.
“Mr. Kaufman has a wealth of healthcare IT insight and leadership experience and a proven track record facilitating sustainable expansion,” stated Rosow. “As Premise continues to gain market share and help an increasing number of hospitals achieve their goal of optimizing patient care through improved efficiencies, we will benefit greatly from Mr. Kaufman’s strategic counsel.”
About Premise
Premise is a leading provider of integrated and clinically-focused software solutions that optimize patient flow, streamline communications, enhance operational efficiency, and empower knowledge-based decision making. Driven by the vision that optimized delivery of healthcare services can be realized through the widespread use and visualization of real-time operating data, Premise delivers the industry's most intuitive systems for bed management, bed turnover, transport, and decision support. In 2008, Premise's bed management and patient throughput solutions received the exclusive endorsement of the American Hospital Association (AHA). For more information, please call 800-396-5578 or visit www.PremiseUSA.com.