Accolade Healthcare Tech Company to Double Its Employees in Seattle with New Offices
Accolade set to achieve another milestone in Seattle with new developments. The healthcare technology firm is planning to open more offices in Seattle and thus increasing its staff by two-fold.
Accolade opened its second headquarter at Seattle 4 year back, and continues to make more developments in the days to come. The accolade is creating new offices with more space so as to hold more than 225 employees.
The accolade is investing around $2.5 million to redesign two floors of 1201 Third Tower, building permit application reported. The 1201 Third Tower was earlier named as Washington Mutual Tower. The tower is a 55-foot skyscraper, build in 1988.
CEO of Accolade, Raj Singh informed GeekWire that “We’ve outgrown our Convention Center space and need room to grow- and not arm-wrestle over meeting rooms!”
He further mentioned, the company expects to double its staff members within 2 – 3 years and it will be our next aim. Currently, 120 employees work for the Seattle Company. However, Singh was not willing to speak more about its real estate initiatives.
The healthcare company appoints Amy Colby to redesign its office. Amy Colby is an interior designer at JPC Architects. The interior designer has designed offices for various companies such as EA Sports, DocuSign, Dropbox, and Pitchbook.
The office space is around 45,000 square feet and sufficient enough to hold 225 to 200 employees, 150-200 square feet per employee’s industry standard ration stated. WeWork, Boston Consulting Group, and other leading companies have established headquarters’ in the tower.
Accolade uses wide ranges of advanced technologies to allow its employees to easily access health care features. The company uses advanced technologies from machine learning to mobile apps.
The Accolade-consists of clients from different industries and are part of a large organization, namely Amerigas, Temple University Health Systems, Lowe’s and Comcast. Every client is charged with a subscription fee and depends on the total number of workers. In 2018 Accolade managed to attract 500,000 plus new members and added them to its list.
Accolade CEO mentioned, “Healthcare is an astronomical expense for every company – big or small – in relation to their overall balance sheet. CFO’s are starting to push back on that expense. Seeing three big companies say ‘ENOUGH’ is driving other employers to start questioning and take action.”
Singh earlier established Concur – a leading travel expense software firm and appointed co-founder of Concur Mike Hilton, as the Chief Product Officer of Accolade.
Accolade moved its headquarters’ between Seattle and Philadelphia. Throughout the United States, more than 1,000 employees work at Accolade.
Accolade released a new healthcare product, ‘Accolade Connect.’ This product allows customers to connect to healthcare assistants and nurses digital team via online messages or mobile. The first company to use the product was Apptio – Seattle based firm.
PitchBook report mentions, Accolade managed to raise a fund of worth $200 million, and the key investor is Carrick Capital Partners, Madrona Venture Group, Andreessen Horowitz and McKesson Ventures and others.
Accolade ranked at No.8 position as the digital startup firm and significantly growing its business services across Pacific Northwest. The previous week, Singh received EY’s 2019 Entrepreneur of the Year award for its Pacific Northwest area.