When Jeffrey Prough founded Critical Signal Technologies Inc. (CST) in 2006, he had just a handful of investors to back the health care technology startup.
The problem wasn’t convincing people of his vision -- applying technology to provide cost-effective health care solutions that give older adults, the disabled and chronically ill more autonomy -- but that the industry was still relatively new. However, Prough knew there was a substantial void in the health care industry when it came to serving the needs of aging baby boomers.
Prough founded CST as a provider of 24-hour personal emergency response (PERS) monitoring and related services for the elderly and disabled. He wanted to move away from the mindset of traditional health care, which focused on creating new programs and systems, and instead use technology-based solutions to address issues of the aging population. With its in-home and early intervention technology, for instance, CST reduces the need for hospital readmissions and emergency care measures, making health care more affordable and giving users more independence.
By showing the value of new technology advancements in health care for the elderly and disabled, Prough leveraged his knowledge and vision to play a key role in improving health care for these groups. As president and CEO of CST, he has led the company’s expansion to gain customers in all 50 states, as well as in Puerto Rico and Canada.
In 2009, Prough oversaw the acquisition of Link to Life, a 30-year-old PERS provider, and today, CST your Link to Life is the largest privately held PERS provider in North America. And in 2010, CST achieved an organic growth rate of more than 20 percent.
How to reach: Critical Signal Technologies Inc., (888) 557-4462 or www.cstltl.com