18 | SOMNIA
WHAT IT DOES: Provides customized anesthesia management for hospitals, ambulatory surgery centers and office-based surgical practices in 16 states. HOW IT GREW:
Somnia’s founders—President and CEO Marc Koch and Dr. Robert Goldstein, executive vice president and chief medical officer—and the company’s senior leaders are actively involved with every one of its clients.
They are able to be so hands-on because the company has remained, through its 16 years of existence, 100% privately owned and operated. “This provides broad discretion without conflict between operations and finances,” says Koch, in an e-mail to Modern Healthcare. “We can focus on stellar clinical outcomes, and only stellar clinical outcomes, rather than earnings per share.” Its clinical outcomes have been tracked and driven by the company’s Clinical Quality Excellence program, which monitors all of the company’s clinical data and has helped Somnia maintain a high level of results while the company expands.