High-flying entrepreneur sets sights on hospital IT
By Brian Bandell
iCare CEO Jim Riley started the company after his success with Sunrise-based Learn.com.
Jim Riley doesn’t have to be working 11 hours a day, building a new company from scratch. After selling Sunrise-based Learn.com in 2010 for $125 million and keeping most of the proceeds, he could have retired in style. But relaxation is not in this fighter pilot’s DNA. Riley’s new venture is iCare.com LLC, which re- cently leased 16,000 square feet at 401 E. Las Olas Blvd. in Fort Lauderdale. It qualified for $120,000 in public incentives to create 30 jobs, and Riley said he has invested $10 million of his own money
into the company so far. It is on track to have 40 employees by the end of January. His task is ambitious: to convince hospitals across the nation to ditch the server-based electronic health record (EHR) systems they purchased for millions of dollars in recent years and switch to iCare’s new cloud-based EHR system, the first of its kind for hospitals. Riley has never shied away from risks. After graduating from the University of Florida with an engineering degree and starting a software
iCare: Idea for the new company was rooted in a health care scare
iCare’s Jim Riley, who was a pilot for the California Air National Guard, owns a fighter jet minus the missiles.
company, he joined the California Air Nation- al Guard at age 27 and flew F4s. “I always wanted to fly, and I had the opportunity to do that,” he said. “I had a ball for 10 years, flying all over California. I did it on the weekends, so it was like a flying club for me.” Now, Riley owns his own fighter jet – minus the missiles, of course. He also takes pride in his battery-powered Tesla Model S, an innovative car for an executive who likes forging new ground. “I’m a tech nut,” he said. “I love anything new.” Riley founded Learn.com in 1998, making e-learning software and cloud systems for education management. By the time he sold it, the company had 330 employees and $30 million in revenue. “When we sold it, I was pretty much set for life and then some,” Riley said. “I took six months off and then started another company.” The idea for iCare came about before he sold Learn.com and was rooted in a health scare. Riley’s father was rushed to the hospital with