Sandata Names Tom Underwood C.E.O.

Sandata Technologies, provider of a software-as-a-service product for the home care industry, has named Tom Underwood as its new chief executive. Previously, he served as Chief Executive Officer of Alere Health. He has also worked as president and chief operating officer for Matria Healthcare, which later merged with Alere. Sandata is backed by Stripes Group.

PRESS RELEASE
Sandata Technologies the leading provider of software-as-a-service (SaaS) solutions to the home care industry announced today the appointment of healthcare technology industry veteran, Tom Underwood, as Chief Executive Officer.

Tom brings over 22 years of healthcare software executive experience to Sandata. Tom’s track record of success building healthcare technology businesses ranges from growing start-ups to leading large public companies. Previously, he served as Chief Executive Officer of Alere Health, LLC, a $500 million subsidiary of Alere Inc., which provides Care Management solutions to large employers and health plans. Prior to becoming CEO, he held the roles of President of the Technology Solutions Division and Chief Information Officer. Tom arrived at Alere through its merger with Matria Healthcare where he was President and Chief Operating Officer. Tom spent the earlier part of his career in various executive roles including as President of Global Shared Services for First Consulting Group and as Chief Executive Officer and President of Paragon Solutions.

“I am looking forward to this exciting opportunity and couldn’t be happier to join the outstanding team of people at Sandata,” said Tom Underwood. “As the clear market leader in Home Healthcare with a compelling value proposition for Home Health Providers, State Governments and Managed Care Payors, Sandata is in the early stages of capturing an enormous market opportunity. My focus will be to continue to enhance our strategy of focusing on decreasing fraud, abuse and waste for State Government and Medicaid Managed Care organizations and providing state of the art technology solutions for home care providers. I am excited to build on Sandata’s reputation of providing quality solutions and excellent service to all our customers.”

“We are excited to have Tom join Sandata as CEO to further build on our leadership position providing technology solutions to the home healthcare industry. Tom’s industry and senior leadership success will be a tremendous asset to our customers and our organization,” said Bert E. Brodsky, Founder and Chairman of Sandata.

“Tom is replacing our existing CEO, Harold Blue. We are grateful for Harold’s strong leadership as CEO of Sandata and I am pleased that Harold is remaining with Sandata as Vice Chairman of the Company’s Board.”

“Tom’s proven leadership skills, domain expertise and track record of building innovative, rapidly growing healthcare and technology companies coupled with Sandata’s dominant leadership position and strong management team provide a solid foundation to accelerate the Company’s momentum,” said Ken Fox, Managing Partner of Stripes Group. “We are excited to have Tom join as CEO to capitalize on the growing market opportunity and lead the Company’s next phase of growth.”

About Sandata Technologies, LLC

Sandata provides a complete package of information technology solutions, which includes scheduling, time and attendance, billing, payroll, compliance and clinical applications for the home healthcare industry. Sandata’s suite of products includes Santrax® Telephony, the market leading time and attendance product, Santrax® Agency Management and Santrax® Payor Management, web-based software solutions with features including voice biometrics to perform speaker verification, and a jurisdictional view dashboard solution for states and other payors, municipalities and the home care agency market.

Sandata’s solutions enable home healthcare agencies, whether Medicare, Medicaid, Commercial or Private Duty, government or managed care payors as well as any organization with a remote workforce to realize administrative cost savings, streamlined operational procedures, and significantly reduced paperwork burdens. Sandata has over 2,000 customers in all 50 states using its products in more than 500,000 homes and processes over 100 million telephone calls annually. Four data centers are strategically located across the country with state of the art redundancy and disaster recovery capabilities.

About Stripes Group

Stripes Group, founded in 2003 and based in New York, is a private investment firm focused on growth-stage minority and majority investments in rapidly growing and profitable internet, software-as-a-service, technology-enabled services and branded consumer products companies. Stripes Group typically partners with founder-owned and operated companies that have had no prior institutional investors.