iSRAT
Royal Palm Beach · Founded 2014
About iSRAT
iSRAT generates revenue within 60 days of funding that provides Enterprise Healthcare IT solutions to physicians, clinics, and hospitals. It enables providers to deliver better care and service to patients while automating all operational functions. They will exploit practitioner dissatisfaction and government criticism of current Electronic Health Records (EHR) providers to rapidly capture and grow market share. Their products and services are fully compliant, reliable, user friendly, IT solutions that eliminate practitioner dissatisfaction with current Electronic Health Record and Healthcare IT products on the market. Their team is experienced in assisting physicians to obtain certification and Meaningful Use Certification for regulatory compliance and qualifying them for U.S. government incentives, in many cases turning system implementation into a profit center. Their business model is based on outsourcing system development and support functions to internationally acknowledged leaders in Healthcare IT systems development resulting in an advantageous cost basis. This allows them to enjoy variable IT, training, billing, and support staff costs based on the number of providers enrolled in their services, at a lower rate, as compared to competitor’s fixed costs at higher rates. The U.S. medical practitioners’ dissatisfaction with current Electronic Health Records Systems (EHR) has been exacerbated by current providers’ inability to comply with government mandates. Their failure to comply with government mandates will result in practitioners’ being levied significant fines and worse, the Center for Medicare Services has announced that non-compliant practitioners will be fined and blocked from receiving payment for services to covered patients.
Company Facts
- Founded: 2014
- Operating status: Closed
- Company type: For Profit
- IPO status: Private
- Employees: 1 – 10
- Estimated revenue: Less than $1M
- Last round: Equity Crowdfunding (Nov 2014)
- Website: isratmd.com
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