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Terry Fouts, M.D., joins Mede as Chief Medical Officer
Addition of CMO to strengthen Mede’s clinical performance offerings
Emeryville, CA, August 28, 2008 —Mede, Inc. (Mede), the leading healthcare performance analytics company, announced the addition of Terry Fouts, M.D., to its executive team as chief medical officer. Dr. Fouts has served for 19 years as a medical executive for health care providers and major health plans, developing policy, wellness and disease management programs, quality initiatives and providing medical strategic input for product development. Dr. Fouts has been responsible for managing national and international programs to reduce medical cost trends and strengthen health operations. Dr. Fouts’ medical executive career follows a 19-year career as a practicing internist.
"Dr. Fouts will serve in a significant role in the strategic development of Mede products and services to its clients," said Mede CEO Mike Gallagher. "His depth in medical management now rounds out the Mede executive team’s experience and leadership in healthcare operational, financial and clinical performance."
"As a physician and long time consumer of healthcare analytics, I am excited to be working for Mede to bring better business intelligence to its provider and payer clients," said Dr. Fouts. "For over 25 years I have watched payers and providers struggle to bring good business intelligence to their environment. I am excited about Mede’s rapid, affordable and robust solution set, augmented by strong and ongoing client support."
Most recently Dr. Fouts served as senior vice president and chief medical officer at Great-West Healthcare in Greenwood Village, CO. Prior to that Dr. Fouts was national medical director for patient management and clinical cost management, respectively, for Aetna. He also served as vice president of medical management for CIGNA International. He earned his B.A. from the University of Kansas and his M.D. from the University of Kansas School of Medicine. He served an internship at Baylor University Medical Center in Dallas, TX and his residency at Maricopa County General Hospital in Phoenix, AR. Dr. Fouts served as general medical officer in the United States Air Force and was board certified in internal medicine in 1976.
Mede enables healthcare organizations to achieve advanced clinical, operational and financial outcomes through on-demand, performance intelligence solutions delivered as a service by experienced healthcare professionals. Over 700 healthcare organizations in the U.S. and U.K. have experienced quick ROI and sustainable value from Mede solutions with low total cost of ownership. The company has been recently recognized by Inc. Magazine as one of the 500 most rapidly growing privately-held companies in the United States. To find out more about Mede, visit www.medefinance.com.
“For over 25 years I have watched payers and providers struggle to bring good business intelligence to their environment. I am excited about Mede’s rapid, affordable and robust solution set, augmented by strong and ongoing client support.”
Terry Fouts, M.D.
Chief Medical Officer
Mede
