NASHVILLE, Tenn.--(BUSINESS WIRE)--Artemis Health Group, the nation’s leading provider of specialty-specific electronic medical record (EMR), workflow and mobile patient engagement solutions for OB-GYN physician practices, and investor MedCare Investment Funds today announced plans for Phillip Suiter, President and CEO of Artemis, to step aside from his position in the coming weeks. John Doulis, MD, will assume the role of President and CEO of the company.
Harry R. Jacobson, MD, Chairman of MedCare Investment Funds, said, “I could not be more pleased with Phil Suiter’s leadership over the past three years in positioning Artemis as the nation’s leading provider of specialty-specific technology solutions for OB-GYN practices.” Jacobson added, “Phil has worked tirelessly in achieving every objective set forth by the Board of Directors. The Board and I want to thank Phil for his many contributions and look forward to our continued relationship in the future.”
Suiter said, “Artemis has reached a significant inflection point, and the company’s future is extremely bright. Artemis is a specialty EMR company well-poised to capitalize on market dynamics over the coming years, particularly given the company’s strong profitability and debt-free balance sheet,” Suiter said. “I have truly enjoyed leading and working alongside the dedicated, talented team at Artemis. Having achieved the goals set forth when I joined Artemis in 2011, I now look forward to transitioning to my next business endeavor.”
A seasoned CEO of multiple healthcare related companies, Suiter plans to select his next venture in the coming months and has a specific interest in healthcare analytics, which has been a significant focus during his 25+ year career.
Suiter will be transitioning his responsibilities to John Doulis, MD during January. As Chief Information Officer of MedCare, Dr. Doulis has been responsible for development of the information technology investment strategy for the fund and increased value of the portfolio companies utilizing his 20 years of experience as a physician executive, scientist, and architect and manager of healthcare information systems.
About Artemis Health Group
Artemis is the nation’s leading provider of specialty-specific electronic medical record (EMR), workflow and mobile patient engagement solutions to help bridge the gap between the OB-GYN practice and its patients. Physicians and practices across the country use Artemis solutions to improve the quality of care, eliminate inefficiencies and increase revenues and profitability. Artemis is a privately-held company based in Brentwood, Tenn. with investors including MedCare Investment Funds and Vanderbilt University. For more information, visit www.artemisobgyn.com.
About MedCare Investment Funds
MedCare and its affiliated entities manage approximately $1 billion in assets, the substantial majority of which are related to the medical and healthcare services industry. When capital needs require more than one investor, MedCare may act as the lead investor in capital syndications. Because the fund is committed to both capital appreciation and long-term business growth, it may invest in companies in any stage of development, including joint ventures and fully integrated enterprises. MedCare is privately owned and financed and has the flexibility to make crucial venture decisions without the influence of outside investors or the public equity market. Currently MedCare has a portfolio of fifteen healthcare companies representing most sectors of the healthcare industry including services, information technologies, medical devices, pharm and biotechnology. All of Medicare’s investments are targeted to companies bringing innovation to health care. For more information, visit www.medcarefunds.com.
