What You Should Know:
– Raintree Systems, a software development company that provides value-based solutions for the healthcare industry, announces the passing of the company’s Founder and CEO, Richard Welty. The company is mourning this loss and extends our condolences to his wife, their children, and the entire Welty family.
– Terrence Sims, former Chief Operating Officer and current President of Strategic Growth & Marketing has been appointed Interim CEO.
“Richard was full of life, love, and he had the broadest, deepest, and most inclusive heart of anyone I’ve known,” states Sims. “Our business and product plans are well established. We know the impact of Richard’s legacy, but it is because of that legacy we will continue on our path and continue to fully support the Raintree mission. We will honor his memory fueled by his passion to build industry-leading software and by promoting Software-as-a-Relationship.”
Welty started Raintree Systems with his father in the early 80s, and it has been flourishing ever since in terms of products, services, people, and revenue. During Welty’s tenure at Raintree, he coined the term, Software-as-a-Relationship, and strived to conduct business for the common good by leveraging technology to deliver high-quality healthcare that highlighted the WHO while working on the WHAT. He often stated that “Software is Raintree’s passion, but people are our purpose.”
“We are shocked and saddened by the passing of my best friend and husband, Richard Welty. He was a brilliant and loving human being, and his departure leaves a huge void in the hearts of so many around the world,” adds Lorraine Welty, President of the Product Division & Executive Chairman of the Board of Directors. “On behalf of the Board of Directors, we want to express our confidence in and appreciation for the leadership team executing on my husband’s vision.”