Nearterm Corporation
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Nearterm was founded in 1997 as a privately held interim management company. Management embraced a strategy to be the leader in bringing human capital and expertise to it’s client base. This strategy included tactical expansion of service offerings and development of an ownership culture. Pursuant to that strategy, Nearterm carefully acquired Excel Unlimited, Inc, a search firm and Scott & Matthews, Inc., a healthcare revenue cycle consulting practice. Like Nearterm, both of these companies were renowned leaders in their respective fields and had structure, collateral and values consistent with NearTerm. The mergers were a strategic endeavor to provide a full range of expertise and powerful human resources to clients. Still pursuant to strategic goals, in 2008, Nearterm became an ESOP company. Many companies talk about the importance of employees “taking ownership” of their business objectives but Nearterm decided to “walk the walk” and is now employee owned. Employee ownership is reflected in everything the company does and is.
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