Expert Details

Expert in Healthcare Information Technology and Finance

Expert ID: 723135 Massachusetts, USA

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Expert is a co-founder of a healthcare technology start-up. He is an accomplished Financial and Business Development Leader with 10+ years of demonstrated achievements in delivering superior financial & operational improvements for multimillion-dollar companies. His experience is in delivering product management and business development while successfully launching new products, services and facilities. His healthcare technology expertise his demonstrated in developing long-lasting and profitable business relationships aimed at generating fresh revenue, reducing costs and producing business growth.

Expert is a co-founder of a healthcare technology start-up and has raised angel and VC funding. Innovative Finance & Information technology executive with extensive background of successful financial management and oversight of mid-sized organizations and projects that expand business capabilities and increase company profitability. Project and program management expert who implements leading methodologies to drive process improvements and operations success. Trusted team leader recognized for leadership in capitalizing opportunities and minimizing risks impacting business performance through comprehensive KPI reporting and analytics. Strong knowledge of US GAAP, Federal Acquisition Regulations (FAR), FISMA and cyber-security audits with experience implementing and improving internal controls, turnaround critical situations, and effectively deliver operational improvementsM.B.A. in Marketing and Finance.

Expert is developing knowledge management and CAD concepts in his Telemedicine framework. He is recognized nationally as a thought leader in implementing Cloud based Data management, BI and Predictive Analytics to deliver robust reporting and Rolling forecasts in an agile Economic environment. Expert's company's core ASP technology platform utilizes streaming technology to stream Expert images to radiologists in remote locations.

He is looking at applying his ASP platform in the diagnostic imaging space. As a technology entrepreneur and manager, Expert has expertise in ASP and technology architecture.

Selection and implementation of Behavioral health management systems for Weschester County, NYSelection and management of Treasury Management systems for TIAA-CREFSelection and implementation of Philips iSite PACS for Monroe Hospital, BloomingtonSelection of Case Management systems for CSCSelection and implementation of EMR systems for Monroe Hospital, Bloomington

Expert may consult nationally and internationally, and is also local to the following cities: Boston, Massachusetts - Worcester, Massachusetts - Springfield, Massachusetts - Lowell, Massachusetts - Cambridge, Massachusetts - New Haven, Connecticut - Hartford, Connecticut - Waterbury, Connecticut - Manchester, New Hampshire - Providence, Rhode Island

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Education

Year Degree Subject Institution
Year: 2002 Degree: MBA Subject: Finance and Information Technology Institution: Kelley School of Business, Indiana University
Year: 1993 Degree: BS Subject: Electronics Engineering Institution: Pune University, India

Work History

Years Employer Title Department Responsibilities
Years: 2012 to 2014 Employer: American Academy of Physician Assistants Title: CFO & Sr VP of IT Department: Responsibilities: Chief leadership and management of corporate Finance, IT and operations for the national Nonprofit. Responsible for executing Financial restructuring through Business Model Transformation, Turnaround and IT development and management initiatives leveraging Contract restructuring, Managing expense and revenue drivers leveraging Business analytics, Visualization and predictive modeling.
Revenue Generation, Expense Management and Restructuring:
 Championed the turnaround of the organization by renegotiating $2 Mil. In outstanding Revenue royalty, IT service and real estate contracts, cutting over $1 Mil. In Operating costs, leading to a turnaround from $2.6 Mil. Negative change in net assets in prior year and negative operating margin in 4 prior fiscal years to breakeven change in net assets in FY2013
 Implemented real-time budgeting and agile forecasting across all departments by leveraging Adaptive BI and discovery solutions and drill down capabilities cutting over $1 Mil. Operating expenses.
 Renegotiated IT services and infrastructure around managed services and Cloud computing based model resulting in $350K annual savings.
 Successfully sold a non-performing real estate asset with the investment delivering an additional portfolio income of around 4300k/year.

Business Model Transformation:
 Implemented print to digital and Outsourced content design for our publications with annual savings projected at $400K
 Successfully partnering with Product development to rebuild our website and Mobile presence leveraging Responsive design and mobile app presence to add significant value to members.
 Building revenue and royalty opportunities around Data by implementing a big data platform consolidating over 270 data sources supported by front end BI and analytic infrastructure
 Leverage expertise in In-sourcing/Outsourcing strategies to rightsize business models at the difference service departments to drive efficiencies as well as accelerate execution of analytic projects
Years: 2009 to 2012 Employer: Volunteers of America Chesapeake Title: CFO Department: Finance & IT Responsibilities: Volunteers of America Chesapeake, is the locally chartered affiliate of Volunteers of America, Inc., one of the nations largest and most comprehensive human services organizations. Volunteers of America Chesapeake serves over 10,000 people annually through programs that spread geographically from Baltimore, Maryland to Virginia Beach, Virginia.

Manage corporate & project finance operations for the 28 programs spread over 3 states. Develop and manage long-term strategic business plans as well as budgets, forecasts, expected cash flows and financial reporting methodologies. Guarantee continual adequate cash resources by coordinating lines of credit from banks. Deliver reports to lenders monitoring financial and operational performance. Developed financial models to support mergers, acquisition, and spin-off, including areas such as valuation, strategic and tactical processes. Manage all vendor relationships including IT and revenue cycle vendors.
Years: 2008 to 2009 Employer: Meddela Systems Title: Chief Operating Officer Department: Responsibilities: Provided complete operational leadership for licensing and consultant business. Managed relationships with 5 subcontractors/consultants to enhance operational capability and client services. Delivered business and marketing plans to context-aware applications. Devised communications strategies to market capabilities and benefits to customers and business channels.

Specific Accomplishments:
Managed implementation of proof-of-concepts by forging relationships with 3 hospitals.
Enhanced market reach by developing “Healthcare in Context” industry forum attracting 12 hospitals as well as Cisco Systems, Motion Computing and Appear Networks.
Formed partnership with Cisco Systems to develop context-aware demo, leading to showcase of Appear Context-aware solution at prestigious HIMSS 2008 Conference.
Produced revenue by acquiring technology licensing agreement from Cisco Systems.
Years: 2005 to 2008 Employer: Nearmed Title: CFO Department: Finance and IT Responsibilities: An end-to-end telemedicine provider that enables healthcare providers to have a technology platform to utilize telemedicine capabilities and fill in the healthcare provision needs in radiology, pathology and oncology specialities.
• Co-founder of the company with a unique business-model to meet the needs of medium and rural hospitals who donot have the necessary knowledge and financial capabilities to enable telemedicine.
• Jointly developed Business plan, conducted market and competitive analysis and developed the underlying Blue-Ocean strategy that makes NT uniquely different from other teleradiology competitors
• Involved in developing with the technology team the open-source technology architecture for archiving, communication and visualization of any image.
He is reponsible for development finance and technology for this start-up telemedicine firm
Years: 2003 to 2005 Employer: Monroe Hospital Title: CFO Department: Responsibilities: The consultant is CFO & interim-CIO at the Monroe Hospital, physician-owned acute care community hospital in Indiana. He has expertise in project finance, corporate finance, forecasting & trend analysis, strategic planning, and budget & business case planning. He is also the interim-CIO and deeply involved in the technology infrastructure of the hospital. As a development finance specialist, he is also involved in financing the Medical Office Building. He is a member of HFMA, HIMSS and has deep interest in Outsourcing and value innovation areas. He has strong interest in telemedicine and the enabling technology. He completed his MBA from Kelley school of Business, Indiana University, Bloomington, IN
Years: 2014 to Present Employer: Undisclosed Title: VP of Finance Department: Finance and IT Responsibilities: KICVentures has invested $190 Mil
to build our current AUM within Medical Technology, Digital Health and connected automotive companies.
Responsible delivering operational restructuring both on Backend Shared services (HR, IT, Accounting, Marketing) as well as front end product development. Brought in Global onshore/offshore model to flatten the cost structures across portfolio companies. Manage Global vendors and partners to drive business transformation and restructuring

Expense Management and Restructuring:
 Operating roles across AUM: SenseDriver Technologies- Connected Car company (also responsible for software development and setting up Global supply chain), LESSInstitute.
 Sales and Marketing functional cost management
 Championed the turnaround of the portfolio companies by driving down G&A by over 50% through complete revamp of backoffice Finance, HR, Accounting, Legal, IT and web development through a combination of cloud based technology and onshore/offshore delivery model.

Business Model Transformation:
 Developed and negotiated Onshore/offshore delivery model for product development, testing and documentation support for all portfolio companies with annual savings projected over $2 Million
 Lead the development of our Sensedriver apps partnering with leading Global IT services organization
 Building revenue opportunities and inventory visibility around Data by implementing a BI platform consolidating multipla data sources between ERP, CRM and other data systems supported by front end BI and analytic infrastructure.
 Leverage expertise in In-sourcing/Outsourcing strategies to rightsize business models at the difference service departments to drive efficiencies as well as accelerate execution of analytic projects

International Experience

Years Country / Region Summary
Years: 1997 to 1999 Country / Region: Eastern Europe/ Caucasus Summary: As Country Manager for Core Healthcare I developed the business for Core in Azerbaijan, Georgia, Armenia and Turkey in Eastern Europe

Additional Experience

Expert Witness Experience
Analytics
Training / Seminars
1.Leveraging BI & Predictive Analytics to deliver real time Forecasting
-Corporate Financial Technology summit, IE Group, Boston,September 2013
-CFO CPM West, CFO Events, San Francisco, June 2013
- CIO Healthcare Summit, CDM Media, Dallas, Feb 2013
- Financial Forecasting and Planning Innovation Conference, IE Group, Boston, September 2012
Financial Forecasting and Planning Innovation Conference, IE Group, San Diego, February 2012
2. Big Data Case Study: Integration of structured and unstructured data pools
- Data Intelligence for health care, Washington DC, November 2013
-HealthTech Council, Washington DC, November 2013
3. Turning Operational outcome metrics into actionable predictive forecasting model,
-ProformaTECH 2013, Proformative, San Francisco, March 2013
- Predictive Analytics World 2012, San Francisco,March 2012
-Financial Forecasting and Planning Innovation Conference, IE Group, Philadelphia, May 2013
4. Getting the Most from BI and Analytics in the Cloud
Vendor Selection
Expert has experience selecting vendors and suppliers for Healthcare Information Systems and healthcare services and implementing their solutions.
Marketing Experience
Expert has deep consulting experience and insight into Health IT and service trends. He has strong understanding of Managed services (software-as-a-service) and Open source technologies
Other Relevant Experience
N?A

Fields of Expertise

biomedical imaging, blood assay diagnostic instrumentation, business management, business process re-engineering, business re-engineering, business strategy, communication, competitive intelligence, Current Procedural Terminology, database, decision support system, decision-making, executive information system, health care management, health care system, hospital, information, information content, information delivery, information management, information technology management, information technology, innovation, laboratory information management, laboratory information management system, management decision-making, management information system, medical billing, medical diagnostics, medical informatics, medical visualization, project planning, strategic market planning, strategic planning, strategic research planning, technology innovation, telemedicine, medical information system, magnetic resonance imaging, medical diagnostic imaging, business intelligence, ambulatory care, streaming, health care, health care provider, trend forecasting, information architecture, health care finance, project finance, building valuation, brand valuation, urgent care, primary care, in vitro diagnostics, business development, business operations, consumer survey, clinical diagnostics, Department of Health and Social Security standard, disaster recovery, digital radiography, computer imaging software, hospital equipment safety, hospital equipment, knowledge base, positron emission tomography, information storage and retrieval, immunodiagnostics, telecommunications strategic planning, tomography, corporate strategic planning, database searching, knowledge worker productivity, technology planning, disease, new product development, near-infrared spectroscopy, manufacturing technology management, technology management, magnetic resonance imaging contrast agent, business system design, image analysis, imaging device, health care marketing, marketing, information storage, imaging system, microscopy, ultrasonography, radiography, nuclear medicine imaging, nuclear magnetic resonance biomedical imaging, medical X-ray, medical ultrasonics, medical device, inventory management, information science, future studies, data storage process

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