Mayor Rahm Emanuel joined Outcome Health to announce the Chicago-based company is planning to add 2,000 new employees, helping drive the city’s emergence as a national hub for the health-tech sector. Outcome Health is committed to improving healthcare, creating technology jobs and driving innovation in Chicago. Outcome Health partners with healthcare stakeholders to serve actionable intelligence into the points of care to improve patient outcomes. Chicago’s health-tech sector is thriving thanks to companies like Outcome Health. In the second quarter health-tech companies in Chicago raised $897 million, including $500 million raised by Outcome Health. A recent study by the Health Care Council of Chicago found that Chicago has become a national center for health-tech innovation. The report found:
- 142 Health IT startups have been founded in Chicago since 2010
- From 2011-2016, Chicago’s health companies raised more than $759 million in investments;
- Chicago’s fastest-growing healthcare companies saw an average five-year growth rate of 700 percent; and
“Chicago has the nation’s most expansive collection of established healthcare companies, institutions and associations, and an ecosystem that offers access to capital, an educated workforce and public-private innovation hubs to foster the growth of new ventures,” said Steven Collens, CEO of MATTER, the healthcare technology incubator. As part of Outcome Health’s work across the healthcare ecosystem, the company is committed to partnering with leading cancer advocacy organizations and healthcare product companies to connect clinical trials and innovative market solutions to patients, as well as raising early awareness through risk assessments in consultation rooms around the country. The company aims to deploy its integrated technology solutions into 70 percent of all U.S. practices by 2020. Key Outcome Health information:
- A network of 231,000 healthcare professionals nationwide;
- More than 600 employees;
- 392,000 square feet of new space at 515 N State Street;