Doug has had a long and accomplished career focused on the services sector of the US health care system. He is currently an investor in, and advisor to, several middle and upper market, private-equity-backed health care services companies. He serves as Chairman of the Board of Pharmscript Inc., and Specialty Networks, Inc. He is also a Board member of Abode, Inc. and CarepathRx, Inc. Doug has been a Board Member and advisor to eight other private-equity-backed health care services companies during his career, including Genoa Healthcare, Inc. Cotiviti, Inc. Golden State Medical Supply, Exactcare, Inc. and Theorem, Inc.
From 2001 through 2013, Doug served as the CEO of Managed Health Care Associates, Inc. (MHA). MHA is the largest Group Purchasing Organization in the country focused on alternate site/non-acute settings. During Doug’s tenure, MHA’s purchasing volume with its client base grew from approximately $700 million in contracted sales to approximately $6 billion, while MHA’s earnings grew over 20 times. Under Doug’s leadership, MHA evolved beyond the traditional GPO model into a full health care services company that provides its clients with a variety of services including managed care contracting, software, data mining, claims reconciliation and legislative advocacy. In May of 2013, after being owned by a series of private equity companies, MHA was sold to Roper Industries in a $1 billion cash transaction.
Doug graduated with a BA from Syracuse University in 1986 and with an MBA from The Wharton School in 1990. He is currently a member of the Board of Trustees at Syracuse University. Doug is also involved with several charitable organizations and recently served as President of the Board of Directors of Project Morry, a non-profit, year-round youth development organization anchored by a residential summer camp experience. He lives in Summit, New Jersey with his wife and two children.
HCMG 890-001: This course examines issues related to the Services Sector of thehealth care industry. For those interested in management, investing, or bankingto the health care industry, the services sector will likely be the largest and most dynamic sector within all of health care. We will study key management issues related to a number of different health care services businesses with a focus on common challenges related to reimbursement, regulatory, margin, growth, and competitive issues. We will look at a number of different businesses and subsectors that may have been unfamiliar to students prior to taking the course. We will make extensive use of outside speakers, many of whom will be true industry leaders within different sectors of the health care services industry. Speakers will address the current management issues they face in running their businesses as well as discuss the career decisions and leadership styles that enables them to reach the top of their profession. Students will be asked to develop a plan to both buyout and manage a specific health care services business of their choosing and will present their final plans to a panel of leading Health Care Private Equity investors who will evaluate their analysis. Prerequisites: HCMG 841. Health Care Management MBA majors only Senior healthcare executives and policy leaders will be engaged as guest speakers.
Arranged with members of the Faculty of the Health Care Systems Department. For further information contact the Department office, Room 204, Colonial Penn Center, 3641 Locust Walk, 898-6861.