16 Feb Madison’s Emergence as Healthtech Hub on Display at HIMSS
MADISON, WI – Befitting its status as an emerging hub for health innovation, Greater Madison companies will be well-represented at the 2017 HIMSS Annual Conference & Exhibition taking place Feb. 19-23 in Orlando. The annual conference, which brings together more than 40,000 health IT professionals, clinicians, executives and vendors from around the world, will feature exhibits and pavilions from a diverse offering of health innovation companies located in Madison.
With a robust healthcare ecosystem of world-class research; the market leader in electronic health records; and a strong network of payers and providers, manufacturers and entrepreneurs, Greater Madison is leading in health innovation. In the shadow of the University of Wisconsin-Madison, which consistently ranks among the top universities nationally for research spending and where the first human embryonic stem cell line was derived in 1998, there are three major hospitals and a strong network of insurers. There are cutting-edge biotech companies like Promega and Exact Sciences, device manufacturers including GE Healthcare and Accuray and new and emerging companies like Propeller Health, which was recently named by Fast Company as one of the most innovative health care companies in the world.
This potent combination is helping to set Madison apart in the race to become the next healthtech hub. Forbes has called Madison one of “The Cities Winning the Battle for Information Jobs,” and a new CareerBuilder survey shows Madison with the largest increase in millennial workers among the 100 most populous U.S. cities. Becker’s Hospital Review recently touted Madison as a city “poised to continue to grow exponentially as a player in the national digital health scene.” The U.S. Department of Labor also ranks Madison second in the country for density of software publishing jobs, behind only Seattle, providing a surplus of tech-savvy talent to fuel the growing health IT cluster, and Glassdoor ranks Madison fourth on its list of Best Paying Cities for Software Engineers, with Madison still being below the national average for cost of living.
“Greater Madison’s constellation of industry strength, talent pipeline and entrepreneurial spirit shows our region is well-positioned for continued growth in healthtech – and the world is taking notice,” said Zach Brandon, President of the Greater Madison Chamber of Commerce. “Greater Madison has a tremendous story to tell, and HIMSS will serve as a terrific showcase for our companies that are importing global talent and exporting global solutions to some of healthcare’s biggest challenges.”
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