Thanks to advances in medicine and technology, people are living much longer these days. For many people, this longevity creates an increasing need for proficient at-home care for the highest quality of life, as well as for full recovery following discharge from a medical facility. Selecting a healthcare provider specializing in home-based services can be troublesome and place heavy burden on patients and families. MIT Holding has a simple solution powered by a forward-thinking, visionary management team.
MIT Holding is a single source of high-quality, low cost need-fulfillment for patients provided during their at-home recovery. The company works through its growing network of accredited agents, facilitators and contractual obligations to operate as a single-source provider of professional outpatient medical care including pharmaceuticals, intravenous infusions, medical management services, and in-home or ambulatory center therapies, in addition to home medical equipment for sale or for rent.
The company also provides expert legal, accounting, advisory and educational services to physicians, medical centers, hospitals, small and large businesses regarding the Affordable Care Act; offers travel and transportation services of medically challenged patients for medical needs and personal travel; and through its contracts is approved to, conduct and administer FDA clinical trials.
Furthermore, as an accredited healthcare provider, MIT is in full compliance with major U.S. health insurance requirements and is therefore able to direct bill and receive payments from carriers on behalf of the patient its agents and its facilitators.
Spearheading this first-of-its-kind business model is a management team of qualified individuals with a shared vision to keep the company at the front-edge of in-home services.
Walter H.C. Drakeford, MIT Holding’s chairman of the board of directors and chief executive officer, has a stellar career that includes the senior managing director of Drakeford & Drakeford for the past 20 years. Since 2007, he has been the director of mergers and acquisitions of AMC Global Communications, Inc. He has also served as chairman of the board for Ebank Financial Services, and has served on the boards of Netstar-USA Corp. and LaidLaw Transportation. Drakeford also served as an attache to the White House under former presidents Nixon, Reagan and George H.W. Bush.
CEO Drakeford began his career with a finance degree from the University of Berlin and a Masters of Business Administration from Heed University, as well as a law degree from Thomas Jefferson School of Law.
Company CFO Robert Yates in 2008 joined MIT Holding as controller. Since 1987, Yates has served as controller or chief financial officer in small-to-medium size firms in Northern California. He received his accounting degree from San Jose State University in 1978 and gained his accounting and auditing experience with Arthur Young & Co. in San Jose, California. Yates obtained his license as a Certified Public Accountant in 1980, and is a veteran who served in the U.S. Air Force in the Vietnam era.
Tommy J. Duncan, president of MIT Holding, became a member of the company’s board of directors in May 2007, and joined the board of directors of Medical Infusion Group in September 2006. Duncan is employed with Southeast Vending, LLC, where he has been president since 2001. He has also been president of Southeast Lumber and Construction, Inc. since 2001.
MIT Holding believes that Duncan has the experience, qualifications, attributes and skills necessary to serve on the board because of his experience in finance, his having provided leadership and strategic direction and knowledge of the company and its business.
Together, this team of professionals has introduced to the healthcare market a much-needed and first-of-its-kind business model that adheres to the changes of the Affordable Care Act and provides patients with unparalleled in-home recovery services.
For more information visit www.mitholdinginc.com
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