South Carolina Business Review

Healthcare software firm wins USC competition

By Mike Switzer

Published August 21, 2024 at 6:30 AM EDT

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Andrew Nye, CEO at Qatalyst Health in Charleston, S.C.

While working with a hedge fund that he co-founded in college, our next guest became aware of problems the long-term care industry was experiencing with healthcare reimbursement payments and decided to build a software solution. That effort recently resulted in his company winning the Proving Ground entrepreneurial competition at the University of South Carolina. Mike Switzer interviews Andrew Nye, CEO at Qatalyst Health in Charleston, S.C.

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Mike Switzer

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.

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