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Home > BizTimes Daily > Archives > November 6, 2009
Whitefish Bay banker is new CEO of Fitchburg company
Published November 6, 2009 - BizTimes Daily
Emdat Inc., a Fitchburg-based provider of online-based medical transcription, has appointed Whitefish Bay resident Randy Olver as its new chief executive officer, effective immediately.
Emdat's founding partners, who remain actively involved in the business, selected Olver to serve as CEO of the 10-year-old company. Steve Palmisano, one of the founders who had been CEO, will continue to serve as president.
"Randy's diverse business experience is exactly what we've been seeking to guide Emdat to the next level so that we can continue providing world-class transcription products and services to our clients," Palmisano said. "We've tripled in size in the past five years and, looking forward, our business needs have grown dramatically."
Emdat, which experienced double-digit growth during the difficult business environment of the past year, remains committed to its core business model of providing medical transcription service organizations (MTSOs) and health care providers a fully managed software suite to collect, store and move data with no up-front software costs or maintenance fees.
"It's a critical time for medical software and I am very confident in the ability of Emdat's people and technology to evolve with industry changes and to set the pace for improvements," said Olver, who worked at U.S. Bank for 17 years. "There's a heightened awareness within the medical community regarding ways that transcription software complements, rather than competes with, electronic medical records."
