New startup, Stitch PEO, emerges armed with $9M to alleviate pain points for independent medical practices
Summary
"The startup, built at Redesign Health, bands independent healthcare groups together to achieve greater economies of scale on all employee benefits, human resources, payroll and compliance functions. Stitch says it offers a seamless solution designed to improve recruiting, hiring, onboarding and other essential HR functionsenabling practices to attract and retain the best talent possible. We run payroll effectively on behalf of those clients," Voddiraju said.He added, "We are adapting the PEO business model specifically for independent healthcare groups. In the evolving landscape of healthcare, we are enthusiastic to have Stitch PEO as a partner, offering independent doctors and providers a welcomed option for cost savings and practice management streamlining. "Prior to Stitch, Voddiraju helped build a startup called Health iPASS, which provides software for cloud-based patient engagement revenue cycle management.