High-flying entrepreneur sets sights on hospital IT

Brian Bandell | South Florida Business Journal | January 11, 2013
Jim Riley doesn’t have to be working 11 hours a day, building a new company from scratch. After selling Sunrise-based Learn.com in 2010 for $125 million and keeping most of the proceeds, he could have retired in style. But relaxation is not in this fighter pilot’s DNA.

Riley’s new venture is iCare.com LLC, which recently leased 16,000 square feet at 401 E. Las Olas Blvd. in Fort Lauderdale. It qualified for $120,000 in public incentives to create 30 jobs, and Riley said he has invested $10 million of his own money into the company so far. It is on track to have 40 employees by the end of January.

His task is ambitious: to convince hospitals across the nation to ditch the server-based electronic health record (EHR) systems they purchased for millions of dollars in recent years and switch to iCare’s new cloud-based EHR system, the first of its kind for hospitals...