The Million Dollar Club: MMIS

Portsmouth, New Hampshire-based MMIS develops and markets software products for secure collaboration and compliance for healthcare and pharmaceutical businesses. Founder Michaeline Daboul has shepherded the company through significant pivots to arrive at a value proposition that customers are resonating with.

The company has settled on two competitive central technology platforms: collaboration suite NetworkFortress, and an aggregate spending tracking system MediSpend, both of which are being sold primarily to pharmaceutical and medical device companies. MediSpend first launched as a SaaS platform in January 2011, and was quickly followed by a third low cost, high-feature platform capable of integration with MediSpend. The platform is now the most competitive in its category.

MMIS has already surpassed competitors Cegedim and Aggregate Spend 360 in customer volume. Major system integrator partners have started showing serious interest, promising to address Michaeline’s scaling challenge.

The company has surpassed the $1 million mark, and has accumulated a strong backlog that should make 2013 an exciting year. A key take-away here: if you can reach the Million Dollar Club, channel options may also open up!

Coverage:
Women of 1M/1M: MMIS, Portsmouth, New Hampshire
Healthcare IT: Making Good Progress
The Million Dollar Club
Women ARE Running Startups
Meet Michaeline Daboul, President Of Healthcare IT Startup MMIS

This segment is a part in the series : The Million Dollar Club