FacilityONE Technologies, which provides a cloud-based Facility Information Solution (FIS) that enhances a building’s functional and economic lifespan and boosts employee productivity, announced today it has seated a new Board of Directors. Chairing the newly appointed board is Chandler Rapson, who brings approximately 15 years of healthcare, insurance and financial industry experience to his role guiding the asset management firm’s strategic direction.
Rapson is chair of Rainmaker Partners, which acquired FacilityONE earlier this year, as well as a managing partner and co-founder of Star Capital Partners, LLC, a private equity firm specializing in healthcare and healthcare technology. He is also chairman and co-founder of Star Administrators, LLC, a third-party administrator that is currently enjoying explosive revenue growth driven by a ten-fold increase in membership in less than 24 months. Rapson is vice chair of 340B Technologies, Inc., where he secured the company’s most significant contract with the nation’s largest Medicaid provider and negotiated ownership and control of its current intellectual property. He was previously president of ArroHealth (Formerly MedSave USA) and president and CEO of First Service Administrators, Inc.
“It’s an exciting time for FacilityONE Technologies. It is a company that has huge growth potential within the healthcare space, which places a high value on the kind of cost and capital expenditure reductions made possible by our FIS,” said Rapson. “Our new Board of Directors represents the best and brightest in today’s healthcare, financial and technology fields, and we’re confident that their leadership will steer FaclityONE down the path to optimal success for the company and its customers.”