DMEscripts LLC, the industry-owned e-prescribing platform for HME, has added industry veterans John Brady as Chief Executive Officer and Frank Schools as Chief Financial Officer.
Brady, a 25-year veteran of the healthcare industry, including two healthcare startups, brings extensive experience in digital health transformation with an emphasis on innovation. Schools joins DMEscripts following a 43-year career in finance, including a broad background in venture capital, private equity, mergers and acquisitions and initial public offerings.
DMEscripts aims to give HME providers a low-cost platform for prescribing referral partners to electronically transmit HME/DME orders to any participating provider.
“DMEscripts, as a company, a network, and digital platform, is quickly becoming an industry asset,” Schools said. “Our collaboration is among the industry’s top minds and organizations, and I am excited to work with our team as we best ensure patients, providers, suppliers and payers have digital access to information enabling a much-improved quality of care experience.”
“It is a formative point in time for our industry, and I am honored to work across all industry participants, including our board of directors and the DMEscripts’ team, to advance a patient-centric digital health experience,” said Brady. “I firmly believe an industry-aligned approach will best unleash the full potential of DMEscripts.”
Brady and Schools join DMEscripts’ Vice President of Product Ken Hodel, with a charge to accelerate further adoption of DMEscripts’ platform and network growth. Hodel has more than 20 years of healthcare experience and has been with DMEscripts since its inception.
A collection of industry investors formed DMEscripts roughly a year ago. Those investors include the American Association for Homecare, VGM & Associates Ltd., AdaptHealth LLC, Apria Healthcare Group LLC, Lincare Inc. and Rotech Healthcare Inc.
“As digital care continues to drive rapid transformation in healthcare services, the addition of John Brady and Frank Schools could not come at a better time,” said Thomas Ryan, president and CEO of AAHomecare and DMEscripts board member. “They are two remarkable leaders who bring growth and corporate strategy acumen in addition to a wealth of knowledge of healthcare organizations.”
“DMEscripts’ SaaS platform is an important asset for the HME/DME community because it streamlines the order process and allows providers to spend more time doing what they do best – care for patients,” noted Mike Mallaro, CEO of VGM Group Inc., the parent company of VGM & Associates with a national network of 2,500 providers and nearly 7,000 locations. “We are proud to partner with DMEscripts to positively impact patients throughout the healthcare continuum.”