Investing In A Digitalised Healthcare System Rich Fortunes: Becoming an Honoree of Baltimore’s 50 Fastest-Growing Companies
Rich Fortunes: Becoming an Honoree of Baltimore’s 50 Fastest-Growing Companies
Founded in Baltimore in 2011, Kermit, a medical device spending healthcare management company tracks physician spending whilst maintaining patient well-being by managing on medical costs with low-code Mendix-made systems. Kermit’s platform uses Mendix to iterate systems quickly, trial new medical services and market products that drive additional business. For example, by collecting the specified lot numbers of medical devices, Kermit’s Mendix-made systems are able to forecast on budgets accurately and track medical spending based on real-time documented data. Rich Palarea, CEO of Kermit says that, “Mendix helps us to keep our systems up and running with very aggressive service level management.” With Mendix, Kermit is able to provide unparalleled transparency into their medical device spending and reduces on the calculation time that hospital executives spend to evaluate vendor negotiations.
Initially estimated to take 12 months with 10 developers, by using Mendix, Kermit sped up on their whole project and developed these systems in just 9 months with one developer. Kermit has now been included in Baltimore’s 50 Fastest-Growing Companies list because of this success. Click on the article below to learn more about how Kermit harnessed their adoption of Mendix low-code to speed up on workflows and successfully plan on medical spending.