Business Career
In 1969, Tarrant and his business partners (Robert Hoehl and, later, Paul Egerman) founded Burlington Data Processing (BDR) using funds from a Small Business Administration loan. The company changed its name to Interpretive Data System (IDS) and later to IDX Systems Corporation. BDP initially provided payroll and claims processing for physicians. By 2005, IDX had contracted with thousands of doctors' offices across the country, and provided computer technology for much of the United Kingdom's medical centers.
Between 1995 and 2005, Tarrant was the chairman of the board of IDX. In 2005, IDX was purchased by General Electric for $1.2 billion. He currently resides in Colchester, VT with his wife where he works with his charitable foundation.
Tarrant served as a member of the University of Vermont's Board of Trustees for several years and on the Saint Michael's College Board of Trustees. Tarrant donated funds to Saint Michael's for a new athletic center which was named in his parents' honor.
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