Caregility will include all of Yorktel’s health care practice team, aiming to enable end-to-end virtual care and communication solutions for the industry through a Software-as-a-Service business model, Yorktel said in a news release. Both companies are subsidiaries of parent YTC Holdings.
Yorktel CEO Ron Gaboury will remain CEO of the organization, while Michael Brandofino, Yorktel’s chief operating officer, will become president and COO of Caregility. Meanwhile, Yorktel Chief Revenue Officer Ken Scaturro will become president and COO of that company.
“We are proud of what Yorktel has accomplished in the development of UHE, our telehealth platform, and its associated applications and solution,” Gaboury said in a prepared statement. “Our initial investments enabled us to establish a robust product road map, and we are excited to see where we can take the line of business.
“With that in mind, management decided this was the perfect time to move the health care practice into a separate organization and seek additional investment. This new investment will allow us to expand our development team, enhance our support infrastructure and pursue health care-focused sales and marketing efforts.”