Bakken: Madison a national hub for medical IT software development

Madison is in a sweet spot when it comes to creating health care IT software, programs and applications, thanks in large part to the success of Epic Systems, the electronic medical records giant located in nearby Verona.

So says Mark Bakken, founder of HealthX Ventures and the former head of Nordic Consulting Partners, which grew to more than 450 employees under Bakken serving primarily Epic customers. Started in 2010, Nordic had more than $100 million in revenues in 2014. In the past year, Bakken has — on his own — invested in more than a dozen Dane County health-tech startups.

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Tech and Biotech: Nordic’s Bakken transitions to venture capitalist