Medshift Announces 2018 Annual Results and 2019 Goals and Initiatives

Monday, February 11, 2019 General News
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2018 Annual Results for Medshift and 2019 Goals

CHARLOTTE, N.C., Feb. 11, 2019 /PRNewswire-PRWeb/ -- MedShift, a leader in software enabled medical technology, today

announced its full 2018 operational and business results and outlined its 2019 programs and initiatives. MedShift achieved its third consecutive year of 300% year over year growth, continued expansion of its innovative technology platforms, and significantly advancing its patient-facing vConfidence and Effronte brands.

"We are pleased with our growth in 2018 and our ability to create value in the market," stated CEO, Brian Phillips. "I am proud of our team who have produced record earnings each quarter by driving our major initiatives to completion."

Business and Operational Highlights include:

  • Completed development of the MedBox subscription and eCommerce platform
  • Maintained strong profitability while expanding product offerings
  • Initiated a national partnership with Merz North America
  • Quadrupled employee count of the company

In 2019, MedShift is excited to launch three key additions to its offerings with the aim of further expanding its service suite and engaging consumers on a broader platform. These addendum's are part of a continued investment by the company in cloud computing technology and the medical aesthetics market.  In the coming year, the company is planning for the development and execution of:

  • Launch of holistic social media management offering
  • Deployment of connected medical device product which enables real time communication to any manufacturer's device lineup
  • Rollout of skin tightening platform introducing additional product diversification

"In 2018 we delivered a solid year by leveraging data insights to direct our business strategy. We believe this has well positioned us to serve our clients in the upcoming year and we are highly optimistic about the expanded growth potential for each of our business divisions," says Phillips.

 

SOURCE Medshift



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