Brightree Summit—Cormack Keynote Brings Dose of Optimism

ATLANTA (October 26, 2015)—Brightree president and CEO Dave Cormack told Medtrade attendees that the number of HME providers will likely continue to decline, but opportunity will increase. “Specifically for HME, today the market is a $44 billion marketplace,” said Cormack. “It will be $70 billion in nine years time—half the providers around, but almost double the revenue.” The comments came on day one of Medtrade during the Brightree Summit: Tools of the Trade. The eight-hour program from Georgia-based Brightree featured more than a dozen educational sessions, roundtable discussions, and a cocktail reception. All who registered also received complementary access to the Brightree Party at the Tabernacle (Atlanta) on October 28. “The cup is half full,” added Cormack. “And there is a lot of optimism around the marketplace…Today our customers serve 48 million patients. In January, it was 40 million patients. Eight million patients have been added to the Brightree platform by our customers since the beginning of the year.”