Digital healthcare services partner Redmoor Health has appointed Matt Murphy as its new CEO.
Murphy, who has previously held several senior roles at EMIS Group, has been appointed following last year’s ‘significant investment’ from private equity firm Palatine.
Chorley-based Redmoor Health was founded in 2017 by Marc Schmid and has become a trusted partner of the NHS for all things digital technology.
Murphy will succeed Schmid as CEO, who will be taking a more strategic role in the business.
Schmid said Murphy’s appointment was a landmark moment for Redmoor.
“We are thrilled to welcome Matt Murphy as our new CEO,” he said. “With his proven track record of fostering the expansion of investor-backed companies, we are confident that Matt’s leadership will steer Redmoor Health towards new horizons of success.
“Our partnership with Palatine last year marked a pivotal moment for us, and Matt’s appointment further strengthens our commitment to delivering cutting-edge solutions in the UK and beyond.
“Together, we are poised to make strides in transforming healthcare and enhancing patient outcomes, solidifying Redmoor Health’s position as a trailblazer in the health and care sector.”
Murphy, who starts his new role at the start of September, said: “You can tell a lot about Redmoor’s reputation from the level of interest they attracted when they went to the market to raise investment last year.
“My main priorities will be building the structure to support our ambitious growth plans and developing the team.
“Redmoor is a people business that works in the technology space. Growing the team is critical to meet our future expectations.
“I like the founder story with Marc. Redmoor has got so much potential as a valuable partner of the NHS. I feel I can bring something to the table after my time at EMIS and Genba.”
Murphy’s last role was CEO for digital distribution company Genba Digital, which was acquired by Azerion in 2021.
He said: “When I joined Genba in 2017 my brief was to scale up and grow the business. The gross profit grew from £0.5m to over £8m by the start of 2023, whilst the team went from six to 35, and the client base trebled.”
Murphy said his six-year stint at Leeds-based EMIS, would prove valuable at Redmoor Health.
“My time at EMIS gave me a fantastic understanding of primary care and wider community-based care,” he said.
“It showed me what it takes to run a technology-business for the NHS, particularly primary care and community care.
“You have to be dedicated, committed and work in partnership with the NHS because it’s complex and unpredictable. It’s a huge responsibility.”
During his time at EMIS, Murphy worked as managing director of EMIS Health and EMIS IQ and group strategy director of EMIS Group.
Redmoor Health employs 38 people and Schmid co-owns the business with his wife Alison, who is a company director.
Last year Palatine beat off interest from 12 other interested parties looking to invest in Redmoor.