One of the vexing problems in health care is how to securely and effectively share patient medical information among care providers. Medicom, a Raleigh-based startup \u2013 whose founders were NC State University undergraduate students when they began developing their startup \u2013 is providing a solution.<\/p>\n
Malcolm Benitz (Poole College \u201917), Medicom co-founder and chief executive officer, credits NC State\u2019s think and do with enabling the founders to launch and grow their business.<\/p>\n
\u201cIn 2015, an oncologist at a national oncology delivery network presented a major challenge: not being able to have access and to share a patient\u2019s entire imaging history with the patient\u2019s medical care community,\u201d Benitz said in an email interview with Poole College communications.<\/p>\n
\u201cMy two partners, Michael Rosenberg and Chase Ballard, and I saw an opportunity to address the challenge in a unique and innovative way that would improve the value of care\u00a0,\u201d he said.<\/p>\n
They established Medicom shortly after, aiming to address health care providers\u2019 inability to access a patient\u2019s imaging history at all points of care. \u201cWe were all undergraduates at the time,\u201d Benitz said. \u201cI studied business administration with a concentration in entrepreneurship; Michael studied industrial engineering; and Chase studied political science.\u201d<\/p>\n
\u201cWe built a decentralized network for sharing and accessing patient information among providers, patients and insurance payors. By enabling all parties involved in a patient\u2019s journey of care to have access to imaging history, we give them the visibility they need to make the appropriate decisions and provide the greatest value of care,\u201d he said.<\/p>\n
\u201cMedicom has grown tremendously over the course of the last three years,\u201d Benitz said, \u201cincluding expanding its suite of solutions and adding a tool for searching, accessing and de-identifying patient information for machine learning. This advances\u00a0academic research and AI development for technology firms.\u201d<\/p>\n
From its current headquarters in a 16th floor suite of the\u00a0Two Hanover Square building in downtown Raleigh, Medicom\u2019s Health Information Network has expanded nationally and globally. It also is now the sole source contractor to the U.S. Department of Veterans Affairs.<\/p>\n
\u201cIn July 2017 we completed a financing round of $5 million that included members of the Wolfpack Investor Network<\/a>, and we have since doubled the size of our team,\u201d Benitz said.<\/p>\n Reflecting on his student years, Bentiz said, \u201cone of the biggest takeaways for me is the way the university teaches its students to look at challenges with an outside-the-box mentality. NC State\u2019s think and do is evident across the institution and in how it prepares students for their futures,\u201d he said.<\/p>\n \u201cThe Poole College of Management emphasizes this within its programs, particularly in the entrepreneurship program. The college brings real world challenges and experiences to the classroom where students are guided on engineering solutions for better outcomes. This approach to problems has carried over to our company and the way we look at the challenges in today\u2019s health care,\u201d Benitz said. \u201cWe strive to bring unique and innovative solutions to drive value for all parties involved in a patient\u2019s journey of care.\u201d<\/p>\n \u201cNC State continues to be a strong resource for our company,\u201d Benitz said. \u201cAs alumni from NC State, we were proud to be part of the first class to go through the Andrews Launch Accelerator<\/a>. Through this program, \u00a0we worked directly with NC State on a weekly basis and were able to have access to valuable resources within the Wolfpack network as well as the broader community,\u201d he said.<\/p>\n \u201cWe continue to be involved with the entrepreneurship community at NC State by staying actively involved with its organizations and the faculty. This past September, we were given the opportunity to present to the NC State Board of Trustees<\/a>\u00a0 and showcase how the NC State Entrepreneurship Clinic<\/a>\u00a0 and faculty at NC State were pivotal in our early days and how they have helped us grow,\u201d Benitz said.<\/p>\n \u201cI can speak from my own experience that NC State and the Poole College of Management believe in the work of their students and provide unparalleled support to ensure that they are successful with any path they choose,\u201d he said.<\/p>\n \u201cNC State does a fantastic job not only in establishing the mindset of how to approach problems in a critical manner, but also in providing a wealth of resources to its students. From the Entrepreneurship Clinic to the Andrews Launch Accelerator, NC State ensures that it is able to provide their students with all the resources they need to take on real world challenges. The university truly embodies think and do, and I believe that our strong relationship with NC State, particularly the Poole College of Management, highlights its commitment to entrepreneurship,\u201d Benitz said.<\/p>\n \u201cThe faculty does an outstanding job with bringing real experiences into the classroom and molding education to adapt to the ever-changing business world. Poole also provides programs for students to gain valuable insight, such as working with startups, learning from other entrepreneurs, and meeting other alumni who have forged their own paths in entrepreneurship,\u201d he said.<\/p>\n \u201cMy team and I are proud to hail from such an amazing university and especially thankful for the efforts put forth to help us grow. The university\u2019s resources, including Professor Lewis Sheats<\/a> and Dr. Thomas Miller<\/a> as well as the financial support of other alumni through the Wolfpack Investor Network has been essential to the success of Medicom.\u201d<\/p>\n","protected":false,"raw":"One of the vexing problems in health care is how to securely and effectively share patient medical information among care providers. Medicom, a Raleigh-based startup \u2013 whose founders were NC State University undergraduate students when they began developing their startup \u2013 is providing a solution.\r\n\r\nMalcolm Benitz (Poole College \u201917), Medicom co-founder and chief executive officer, credits NC State\u2019s think and do with enabling the founders to launch and grow their business.\r\n\r\n\u201cIn 2015, an oncologist at a national oncology delivery network presented a major challenge: not being able to have access and to share a patient\u2019s entire imaging history with the patient\u2019s medical care community,\u201d Benitz said in an email interview with Poole College communications.\r\n\r\n\u201cMy two partners, Michael Rosenberg and Chase Ballard, and I saw an opportunity to address the challenge in a unique and innovative way that would improve the value of care\u00a0,\u201d he said.\r\n\r\nThey established Medicom shortly after, aiming to address health care providers\u2019 inability to access a patient\u2019s imaging history at all points of care. \u201cWe were all undergraduates at the time,\u201d Benitz said. \u201cI studied business administration with a concentration in entrepreneurship; Michael studied industrial engineering; and Chase studied political science.\u201d\r\n\r\n\u201cWe built a decentralized network for sharing and accessing patient information among providers, patients and insurance payors. By enabling all parties involved in a patient\u2019s journey of care to have access to imaging history, we give them the visibility they need to make the appropriate decisions and provide the greatest value of care,\u201d he said.\r\n\r\n\u201cMedicom has grown tremendously over the course of the last three years,\u201d Benitz said, \u201cincluding expanding its suite of solutions and adding a tool for searching, accessing and de-identifying patient information for machine learning. This advances\u00a0academic research and AI development for technology firms.\u201d\r\n\r\nFrom its current headquarters in a 16th floor suite of the\u00a0Two Hanover Square building in downtown Raleigh, Medicom\u2019s Health Information Network has expanded nationally and globally. It also is now the sole source contractor to the U.S. Department of Veterans Affairs.\r\n\r\n\u201cIn July 2017 we completed a financing round of $5 million that included members of the Wolfpack Investor Network<\/a>, and we have since doubled the size of our team,\u201d Benitz said.\r\n Malcolm Benitz (\u201917), Medicom co-founder and chief executive officer, credits NC State\u2019s think and do approach with furthering the launch and growth of his business.<\/p>\n","protected":false},"author":0,"featured_media":9622,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"source":"","ncst_custom_author":"","ncst_show_custom_author":false,"ncst_dynamicHeaderBlockName":"","ncst_dynamicHeaderData":"","ncst_content_audit_freq":"","ncst_content_audit_date":"","ncst_content_audit_display":false,"ncst_backToTopFlag":"","footnotes":""},"categories":[211,19,137,3,286,14],"tags":[164,330],"_ncst_magazine_issue":[],"class_list":["post-9619","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entrepreneurship","category-giving","category-industry","category-mie","category-newswire","category-undergraduate","tag-entrepreneurship","tag-hidden-homepage-feature"],"displayCategory":null,"acf":{"ncst_posts_meta_modified_date":null},"_links":{"self":[{"href":"https:\/\/poole.ncsu.edu\/news\/wp-json\/wp\/v2\/posts\/9619","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/poole.ncsu.edu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/poole.ncsu.edu\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/poole.ncsu.edu\/news\/wp-json\/wp\/v2\/comments?post=9619"}],"version-history":[{"count":11,"href":"https:\/\/poole.ncsu.edu\/news\/wp-json\/wp\/v2\/posts\/9619\/revisions"}],"predecessor-version":[{"id":9690,"href":"https:\/\/poole.ncsu.edu\/news\/wp-json\/wp\/v2\/posts\/9619\/revisions\/9690"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/poole.ncsu.edu\/news\/wp-json\/wp\/v2\/media\/9622"}],"wp:attachment":[{"href":"https:\/\/poole.ncsu.edu\/news\/wp-json\/wp\/v2\/media?parent=9619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/poole.ncsu.edu\/news\/wp-json\/wp\/v2\/categories?post=9619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/poole.ncsu.edu\/news\/wp-json\/wp\/v2\/tags?post=9619"},{"taxonomy":"_ncst_magazine_issue","embeddable":true,"href":"https:\/\/poole.ncsu.edu\/news\/wp-json\/wp\/v2\/_ncst_magazine_issue?post=9619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Think and Do: Challenging Students to Engineer Better Outcomes<\/h3>\n
First Andrews Launch Accelerator Cohort<\/h3>\n
Preparation to Tackle Real World Challenges<\/h3>\n
Think and Do: Challenging Students to Engineer Better Outcomes<\/h3>\r\nReflecting on his student years, Bentiz said, \u201cone of the biggest takeaways for me is the way the university teaches its students to look at challenges with an outside-the-box mentality. NC State\u2019s think and do is evident across the institution and in how it prepares students for their futures,\u201d he said.\r\n\r\n\u201cThe Poole College of Management emphasizes this within its programs, particularly in the entrepreneurship program. The college brings real world challenges and experiences to the classroom where students are guided on engineering solutions for better outcomes. This approach to problems has carried over to our company and the way we look at the challenges in today\u2019s health care,\u201d Benitz said. \u201cWe strive to bring unique and innovative solutions to drive value for all parties involved in a patient\u2019s journey of care.\u201d\r\n
First Andrews Launch Accelerator Cohort<\/h3>\r\n\u201cNC State continues to be a strong resource for our company,\u201d Benitz said. \u201cAs alumni from NC State, we were proud to be part of the first class to go through the Andrews Launch Accelerator<\/a>. Through this program, \u00a0we worked directly with NC State on a weekly basis and were able to have access to valuable resources within the Wolfpack network as well as the broader community,\u201d he said.\r\n\r\n\u201cWe continue to be involved with the entrepreneurship community at NC State by staying actively involved with its organizations and the faculty. This past September, we were given the opportunity to present to the NC State Board of Trustees<\/a>\u00a0 and showcase how the NC State Entrepreneurship Clinic<\/a>\u00a0 and faculty at NC State were pivotal in our early days and how they have helped us grow,\u201d Benitz said.\r\n\r\n\u201cI can speak from my own experience that NC State and the Poole College of Management believe in the work of their students and provide unparalleled support to ensure that they are successful with any path they choose,\u201d he said.\r\n
Preparation to Tackle Real World Challenges<\/h3>\r\n\u201cNC State does a fantastic job not only in establishing the mindset of how to approach problems in a critical manner, but also in providing a wealth of resources to its students. From the Entrepreneurship Clinic to the Andrews Launch Accelerator, NC State ensures that it is able to provide their students with all the resources they need to take on real world challenges. The university truly embodies think and do, and I believe that our strong relationship with NC State, particularly the Poole College of Management, highlights its commitment to entrepreneurship,\u201d Benitz said.\r\n\r\n\u201cThe faculty does an outstanding job with bringing real experiences into the classroom and molding education to adapt to the ever-changing business world. Poole also provides programs for students to gain valuable insight, such as working with startups, learning from other entrepreneurs, and meeting other alumni who have forged their own paths in entrepreneurship,\u201d he said.\r\n\r\n\u201cMy team and I are proud to hail from such an amazing university and especially thankful for the efforts put forth to help us grow. The university\u2019s resources, including Professor Lewis Sheats<\/a> and Dr. Thomas Miller<\/a> as well as the financial support of other alumni through the Wolfpack Investor Network has been essential to the success of Medicom.\u201d"},"excerpt":{"rendered":"