The people
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Working at PolicyMedical
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About
PolicyMedical sold governance, risk and compliance software that let hospitals manage the policy documents their accreditation depends on. Founder Saud Juman bootstrapped it out of his mother's basement in Scarborough, cold-called and drove to US hospitals because there was no money for flights, and rebuilt the company over six years in three phases — product, then customer success, then a combined revenue team. It reached more than 3,000 hospitals and health systems before RLDatix acquired it. Juman told the story at HealthTO in August 2019.
Backers
Bootstrapped, then acquired by RLDatix
Quick answers
What did PolicyMedical do?
It sold policy, governance and compliance management software to hospitals, used by more than 3,000 US hospitals and health systems.
Who founded PolicyMedical?
Saud Juman, who bootstrapped it from his mother's basement in Scarborough and ran it for about seventeen years.
What happened to PolicyMedical?
RLDatix acquired it. Juman now runs Rockitship and coaches technology founders.