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Healthcare
                                                             Professionals

                                                                                           Patients/
                                                                                       Health Club Clients/
                                                                                        Event Participants


                                                    Health Clubs         PRIDE             Cloud
                                                                                            DB






                                                               Medical
                                                              Insurance           Employers
                                                              Companies

                                                                      PRIDE:
                                                Performance Recording, Integration, Display, and Evaluation



                                    can query and obtain exercise reports. Doctors can ensure that their patients are
                                    exercising neither too little nor too much; health clubs can integrate exercise class
                                    data with personal exercise data; insurance companies can use that data to adjust
                                    policy rates for policy holders with healthy lifestyles; and employers can assess the
                                    effectiveness of investments they make into improving employee health.

                                    A prototype of this system was developed by a cardiac surgeon, Dr. Romero Flores,
                                    for use in his practice. The system was popular and helped patients recover from
                                    cardiac surgery, at least as long as Flores was pushing it in his own practice. Flores
                                    hoped to license this system to other doctors, but he had no success.

                                       Zev Friedman is one of Dr. Flores’s patients and was among the first to benefit
                                          from the PRIDE system. Friedman earned considerable wealth starting and
                                             selling small businesses over the past 30 years, and he liked what he
                                                 experienced with PRIDE. So, during an office visit, Friedman asked how
                                                   the system was being received. Knowing that Flores is a cardiologist
                                                     and not a business professional, he wasn’t surprised to learn that it
                                                      wasn’t getting very far. Friedman thought that with a refocus of its
                                                      marketing and with experienced management, PRIDE could be a
                                                      success. Accordingly, he bought the company for a small amount
                                                      of cash and a royalty agreement with Flores. Using his business
                                                      contacts, he then found and hired a new general manager, Jared
                                                      Cooper, and a marketing professional, Nicki Jensen. He kept
                                                    James Wu, who had been the technology manager under Flores.
             Source: Chesky_W/iStock/Thinkstock/Getty Images  Jared subsequently hired Michele Russell as sales director.




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