It goes without saying that most Americans think healthcare is overpriced. As such, many are predisposed to look down at the company I am about to present: CHMB. CHMB provides “Technology and Business Services for Healthcare”. The goal is to “to optimize healthcare performance and profitability”. It does this in two ways: 1) by “appli[ng] its experience to manage the full scope of technology issues facing clients” and 2) by “reporting and [applying its’] analytic capabilities [to] deliver both clinical and business intelligence.” While CHMB does seek to maximize healthcare profits, do remember that the company also seeks to improve healthcare, so that patients can be better served. CHMB is not just your average IT firm, it is so much more and I will talk about why after having discussed the company and its beginnings.
Founded in September 1995 by entrepreneurs Bob Svendsen, current CEO and CFO (Chief Executive Officer and Chief Financial Officer), and Janet Boos, current president, "CHMB established its reputation as a pioneering and responsive partner in the California market.” Svendsen’s “background in healthcare finance and business development”, which spans more than twenty-five years and includes entrepreneurial and financial executive roles, more than qualifies him to lead the company and he is the central figure. This is because he is responsible for “the financial and strategic leadership [of] CHMB.”
In the beginning CHMB only dealt with “physician practices, hospitals, health systems and IPAs [(Independent Physician Associations)]” but now also serves “surgical, primary care and internal medicine specialties.” But, CHMB executives are [and have always been] dedicated to providing clients with comprehensive, results-driven service.”
What makes CHMB so unique is that it is not just another cookie-cutter Information Technology (IT) management firm. It differs in two ways. First of all, the CHMB account teams provide custom solutions based on the exact needs of a client. Secondly, CHMB is very focused on revenue cycle management. The mission is clear: “CHMB is committed to helping physician practices of all sizes and specialties optimize performance and profitability.’’ And as medicine is a constantly evolving industry, CHMB always has its eyes on the future.
I hope I have done a thorough job of explaining CHMB, including its beginnings, current workings, and what makes it unique. And maybe not as many people will look down on it now that they know that while the company still seeks to maximize healthcare profits, it also seeks to improve healthcare for the patient.