2018 Startups to Watch: Bardavon takes action in dysfunctional health care system

January 16, 2018  |  Bobby Burch

Bardavon

Editor’s note: Startland News selected the top Kansas City firms to spotlight for its annual Startups to Watch list. The following is one of 2018’s companies. To view the full, ranked list of Startups to Watch, click here.

Matt Condon is no Shakespeare, he said.

But one quote from William Shakespeare’s Henry VIII has always stuck with Condon as a guiding principle for his leadership at Bardavon Health Innovations.

And yet, words are not deeds,” recited Condon, CEO of Bardavon, whose namesake dervies itself from Shakespeare’s nickname as the Bard of Avon. “Leaders lead with actions. We all talk, talk, talk. Health care is rocked with talkers but not enough people actually doing stuff to improve it. That quote, which I have above my desk, has always been one that’s been a guidepost for me as a leader. Don’t just talk about it. Get something done.”

That action-oriented approach has yielded tremendous growth for Overland Park-based Bardavon, a health tech firm that’s aiming to transform how companies manage worker’s compensation.

Since its founding, the firm has undergone a series of evolutions, Condon said. The firm began in 2013 with a data analytics offering — Bardavon Insights — that provides employers more vision into their worker’s compensation decisions. That’s now been married with additional products to help health professionals better communicate on claims, track patient progress and evaluate health providers.

Such a comprehensive approach has allowed revenue to be nearly quadrupled each year for the past two years at Bardavon. It also resulted in a swelling team, which in five years has grown from a handful of staffers to now 85 employees.

The breadth and depth of Bardavon’s analytics offering — when paired with its reporting an assessment tools — provide customers with unparalleled insights, Condon said.

“We’re understanding at a greater level every day how important executable strategies on employee health are and the impact it has on a company,” Condon said. “We work with some really large employers that understand healthcare costs aren’t just about the expense they see. It’s about culture. It’s about productivity, environment and profitability. So by taking these new strategies, that gives them not just a view into what and where they’re spending, but also gives them guidance on how they should shift and change to get a better value out of that spend.”

Condon added that the nation’s challenged health care system has also helped the firm grow.

“We continue to have a really dysfunctional health care system,” Condon said. “People are willing to look to new solutions to try to fix it. So there’s an appetite.”

Condon, who recently was elected chair of the Greater Kansas City Chamber of Commerce, said that Kansas City has been a springboard for Bardavon. The health tech community has been keen to share guidance, fueling Bardavon on its ambitious national expansion effort, Condon said.

“I’m really excited that yet another meaningful, disruptive healthcare technology company is being birthed here in Kansas City,” Condon said. “I’m thankful for the healthcare leaders in this community and the ways they’ve reached out to partner with us. … We’ve been embraced by the healthcare tech community and it’s certainly enhanced Bardavon growth and strengthened our belief that this is the right city to do it from.”

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , ,
Featured Business
    Featured Founder

      2018 Startups to Watch

        stats here

        Related Posts on Startland News

        KU entrepreneurship program nabs award

        By Tommy Felts | October 6, 2015

        The University of Kansas’ entrepreneurial education program recently earned a national award. The University Economic Development Association awarded the Entrepreneurs@KU program its “Award of Excellence in Innovation & Entrepreneurship.” The commendation recognizes programs that accelerate economic development by supporting startups, high-growth companies and clusters within a region, and converting talent into wealth through innovation and…

        CAPS Network

        New national CAPS Network grows from local program

        By Tommy Felts | October 2, 2015

        The Blue Valley Center for Advanced Professional Studies is helping create a national consortium that will band together schools to boost an innovative education model. Blue Valley CAPS executive director Corey Mohn said that his program often receives interest from other schools to learn about its curriculum, which pushes students to collaborate with businesses and other professionals in…

        Events Preview: Innovation Summit, American Royal

        By Tommy Felts | October 1, 2015

        There are a boatload of entrepreneurial events hosted in Kansas City on a weekly basis. Whether you’re an entrepreneur, investor, supporter or curious Kansas Citian, we’d recommend these upcoming events for you. WEEKLY EVENT PREVIEW Founder Series: Gaining Working Capital Without Losing Equity When: October 1 @ 4:00 pm – 5:00 pm Where: Enterprise Center of Johnson…

        KC startup boosts overseas businesses

        By Tommy Felts | October 1, 2015

        Holly Godfrey’s business partners are in India, Nepal and Rwanda. The timing works well, since their daytime falls during her nighttime. As she gets ready to shift her focus from her full-time day job as the rehabilitation manager at Truman Medical Center to her startup, Catalyst Scrubs, her colleagues abroad are just beginning their day.…