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September 03, 2015 1:05 AM ET

Healthcare Providers and Services

Company Overview of Advanced ICU Care, Inc.

Company Overview

Advanced ICU Care, Inc. designs and provides intensive care unit (ICU) programs for hospitals in the United States. It offers tele-ICU programs that help hospitals to improve patient care and maximize clinical, operational, and financial performance of their ICUs; and consulting services. The company also provides a telemedicine technology platform that interfaces into key hospital systems, analyses real time patient data, and connects care teams to the bedside through two-way video conferencing. It also serves physicians, critical care nurses, and patients and their families. Advanced ICU Care, Inc. was founded in 2004 and is based in St. Louis, Missouri.

One CityPlace Drive

Suite 570

St. Louis, MO 63141

United States

Founded in 2004

Phone:

314-514-6000

Fax:

314-514-6020

Key Executives for Advanced ICU Care, Inc.

Chairman and Chief Executive Officer
Age: 57
Co-Founder and Vice President of Medical Affairs
Chief Financial Officer
Age: 48
Vice President of Operations
Vice President of Business Development
Compensation as of Fiscal Year 2015.

Advanced ICU Care, Inc. Key Developments

Advanced ICU Care Inc. Enters Partnership Deal with Carenection

Advanced ICU Care Inc. has entered a partnership deal with Carenection. Headquartered in Creve Coeur, the move will bring Advanced ICU Care's tele-ICU model to Carenections 400 hospitals across the nation. The deal means a significantly larger network for Advanced ICU Care, for Carenection they will gain use of the company's tele-ICU services.

Advanced ICU Care, Inc. Announces Executive Changes

Advanced ICU Care, Inc. announced the appointment of health care executive Lou Silverman to the position of Chairman of the Board and CEO. Silverman will leverage his more than 20 years of experience in C-level and Board-level leadership to help the company build upon its success in 55 contracted hospitals across 19 states as well as fuel company expansion. Silverman will focus on accelerating Advanced ICU Care's growth while sustaining and expanding upon the high level of quality and service the company delivers to its hospital partners and their patients. This will enable the company's team of nearly 200 clinical, management and technical professionals to continue to elevate the standards for ICU clinical excellence and outstanding care delivery. Before joining Advanced ICU Care, Silverman served for three years as CEO of Marina Medical Billing Service Inc. Silverman also spent more than seven years as Vice President of Operations/COO of CorVel Corporation. He now serves on the Board of Directors of several health care-related organizations, including Questcor Pharmaceuticals, Loving Care Agency, Inc. and LifeMap Sciences. With the appointment of Silverman, Advanced ICU Care founder Mary Jo Gorman, M.D., MBA will shift her focus to working more closely with the company's new and existing hospital partners, helping expand the utilization and impact of the company's telemedicine solutions. Dr. Gorman will also continue to represent the company as a pioneering telemedicine expert and frequent speaker at industry events.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
July 14, 2015
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