Earnings & Financial

Best Doctors Announces Record Global Growth in 2016

BEST DOCTORS® ANNOUNCES IMPRESSIVE GLOBAL GROWTH IN 2016, ADDING OVER 50 NEW CLIENTS AND MORE THAN ONE MILLION NEW MEMBERS IN JUST SIX MONTHS

Best Doctors continues to innovate in second opinions
while leading the global discussion on combatting misdiagnosis

BOSTON –– Best Doctors, the global health company that brings together the best minds in medicine and leading technology, today announced major successes in the first half of 2016 that led to the addition of over 50 new clients and more than one million new members with access to its award-winning expert medical second opinion and information services. The Company now serves over 36 million members worldwide. Its ongoing investments in analytics and technology have helped establish the brand as a leader in proactively identifying the right populations for intervention. In 2015, Best Doctors was named by Inc. magazine as one of America’s fastest-growing private companies for an impressive fifth consecutive year.

In addition to the hundreds of clients already offering Best Doctors services, over 50 more of the world’s leading employers and insurers have already turned to Best Doctors in 2016 to provide their valuable employees and policy holders with state-of-the-art tools and services to combat rising costs, medical uncertainty and misdiagnosis. These forward-thinking employers include Novo Nordisk, Hyundai, The Linde Group, Liberty Insurance Singapore, Praxair, and many more.

“When our employees are armed with the information and expert recommendations provided by a Best Doctors second opinion, we know that they are better prepared to make health decisions and likely see better outcomes,” noted Kristen Putnam, Director of Global Benefits at Praxair, the largest industrial gases company in North and South America. “Praxair is proud to offer this unprecedented access to the best medical minds to our valuable employees.”

As a global leader in the fight against diagnostic errors, Best Doctors also announced the successful completion of the first European conference on diagnostic error in medicine. Co-hosted by Best Doctors and set at the Erasmus Medical Center in Rotterdam, The Netherlands, the landmark conference took place from June 30 – July 1, 2016. Together with the Society to Improve Diagnosis in Medicine, Best Doctors assembled leading researchers and clinicians from all over the globe to discuss strategies to reduce harm related to diagnostic error.

“The success of Best Doctors is based upon bringing together hundreds of passionate employees all over the world, technologies that make health care work, access to the brightest minds in medicine, and a glaring need to help people get the right diagnosis and treatment while containing costs,” said McClennen. “Best Doctors continues to succeed on a global scale because of our unparalleled combination of analytics, the highest-rated physicians in the world, and population management tools to transform health care for millions of people.”

Addressing the needs of proactive employers who understand the danger of misdiagnosis and medical uncertainty, Best Doctors clients incorporating data analytics has tripled in the past year. In its highly-anticipated study rating population health management providers, KLAS Research rated Best Doctors among the highest-ranked for its data tools, service, and overall performance. Historically, these clinical advocacy and second opinion services have resulted in corrected or refined diagnoses in 37% of Best Doctors U.S.-based cases, while correcting or improving treatment in nearly 75% of cases.

Best Doctors, which works with the top 5% of physicians in over 450 subspecialties of medicine, has been fueled by the Company’s unique ability to bring together the brightest minds in medicine, cutting edge technology, and analytics, to help members navigate increasingly complex health care systems around the world. With published studies indicating that 15-28% of patients are misdiagnosed – translating into needless suffering and billions of wasted health care dollars annually, the Company continues to expand its impressive portfolio of Fortune 500 clients and premier workers compensation carriers. The brands represent the leading organizations in the world when it comes to providing the right health solutions for their valued employees and members.

“At Linde, we take pride in leading in every aspect of our organization from innovation for our customers to providing proactive health and wellness programs for our employees,” said Alev Hincer, Head of Human Resources, Sales & Marketing Americas, The Linde Group, a world-leading gases and engineering company. “Best Doctors is a truly unique solution that combines access to the medical experts and the right technology to help people get the answers they desire and deserve.”

About Best Doctors, Inc.: Founded in 1989 by Harvard Medical School physicians, Best Doctors is a medical information services company that connects individuals facing difficult medical treatment decisions with the best doctors, ranked by impartial peer review in over 450 subspecialties of medicine, to review their diagnosis and treatment plans. Best Doctors has grown to over 36 million members worldwide utilizing access to the brightest minds in medicine, analytics and technology to deliver improved health outcomes while reducing costs. For further information, visit Best Doctors at www.bestdoctors.com.

To schedule an interview with Best Doctors’ Executive Team, contact Justin Joseph at Ph: 617.359.5522 or jjoseph@bestdoctors.com.

BEST DOCTORS, the STAR-IN-CROSS logo, THE REINVENTION OF RIGHT and CRITICAL CARE INTERCONSULTATION are marks or registered marks of Best Doctors, Inc. Used with permission.