ForTec Medical - Creating an Intelligent Community
The founder and owner of ForTec Medical, Inc. is a long-time Hudson resident, as are several of his key, tenured teammates. With the City of Hudson aggressively embracing the future with its amenities, Hudson is more consistent with ForTec’s brand image as a professional health technology company directly serving surgeons, and more suited than most other communities in Northeast Ohio.
Hudson has taken an innovative, pro-business approach to recruiting tech companies, directly supporting their growth and development with distinctive resources like high-speed fiber and is committed to building out a cluster of early and mid-stage technology ventures. ForTec Medical Inc. respects and shares in that vision. The City of Hudson will help ForTec’s ability to attract talent, particularly prospects from out of state. In addition to Hudson’s commitment to innovation and technology, the City offers a distinctive environment that provides an excellent opportunity for a healthy work/life balance such as accessibility of the Cuyahoga Valley National Park, fine restaurants, and community events.
ForTec Medical Inc. was the first to develop an outsourcing, on-demand model for high-end surgical laser devices. ForTec has expanded into urology, ear/nose/throat, gynecological, interventional radiology, and more. ForTec’s innovative business model provides access to surgical technologies that some hospitals cannot afford to buy and allows hospitals to avoid training staff to operate these devices. Hospitals are able to contract with ForTec for on-demand medical services provided by a trained ForTec technician to bring a specific surgical device to the hospital and operate it during surgery. The hospital is only billed on a per procedure basis. The hospital does not have the overhead cost of ownership of specialty equipment and the trained workforce to use it. ForTec is able to service nearly 2,500 hospitals and healthcare systems with hundreds of devices supported by trained technicians. The hospital avoids the capital investment, staffing and training and technology obsolescence risk.
ForTec Medical Inc. has grown steadily since its humble beginning in a garage in Hudson in 1988. The nationwide employee count, serving more than 40 states, is now at 400. This year ForTec Medical’s more than 700 laser devices will be used in more than 65,000 procedures nationally.
The new 68,000-square-foot ForTec Medical headquarters opened in March 2018. The building provided more than 80 immediate hires and is expected to employee 133 full and part-time employees within five years with a payroll of $9.35 million.
Drew Forhan, who heads up ForTec Medical is President of the Hudson Community Foundation and his wife, Nancy, is on the board of Hudson Heritage Association. The couple invested $6 million in the new building because as Drew Forhan states, “Designing a headquarters from the ground up in Hudson will allow us to meet the customized needs of the ForTec team for years to come.”