Applied Statistics & Management Inc. (ASM), a top provider of medical staff credentialing and privileging solutions, has announced the retirement of its founder, President, and CEO, Trung Phan. Trung Phan will step down from his role on August 30, 2024, after years of leading and innovating in healthcare technology. Nick Phan, currently the Executive Vice President and Chief Operating Officer, will take over as the new President and CEO.
Trung Phan’s journey with Applied Statistics & Management Inc. (ASM) began over 40 years ago when he founded the company. Under his visionary leadership, ASM became a leader in medical staff credentialing. The company’s flagship product, MD-Staff, has expanded globally, offering innovative solutions to streamline credentialing processes and improve patient safety.
“Since founding ASM in 1982, I have been dedicated to providing top-notch solutions and building strong industry relationships,” said Trung Phan. “Nick has been instrumental in our success for over 21 years. As I retire, I have full confidence in Nick’s ability to advance our vision and drive continued innovation and excellence.”
Nick Phan, who has been a key leader at ASM, will succeed Trung as President and CEO. With extensive experience and a deep commitment to ASM’s mission, Nick is poised to lead the company forward, enhancing its impact on the healthcare industry and patient safety.
“Trung, my father, has been a mentor and guide throughout my career. It is a profound honor to lead ASM with such a dedicated team,” said Nick Phan. “We are committed to advancing our technology and maintaining our exceptional customer service.”
The ASM team expresses heartfelt gratitude to Trung Phan for his outstanding contributions to the healthcare industry. The company remains devoted to its core values of integrity, innovation, and customer focus, continuing to deliver exceptional solutions and support to the healthcare sector.
About Applied Statistics & Management Inc.
Founded in 1982 and headquartered in Temecula, CA, Applied Statistics & Management Inc. (ASM) develops advanced software solutions for the healthcare industry. Its flagship product, MD-Staff, is a leading platform for credentialing, privileging, and provider information management. Used by over 3,000 facilities worldwide, ASM’s solutions streamline credentialing, privileging, OPPE, FPPE, and peer review processes, offering a comprehensive database for provider information.
