Gary Thompson

Gary Thompson Email and Phone Number

Chief Business Officer @ PatriotPay
Louisville, KY, US
Gary Thompson's Location
Louisville, Kentucky, United States, United States
About Gary Thompson

Blessed to have worked in many different roles on all sides of healthcare in organizations that ranged from seed-stage start-ups to Fortune 50 companies. I've never considered myself qualified for any role in which I found myself but managed to be successful nonetheless. I've led teams in Finance, Analytics, Clinical Programs, Process Reengineering, Compliance, Network Development and Growth and produced outstanding business results - primarily by having the right people in the right seats and ensuring that they had what's necessary to be successful.Most recently, I led a Growth team that helped scale an early-stage company - Vytalize Health - from a startup to an industry leader in value-based care. The company grew from 30K patients and $10M in revenue in 2021 to nearly 300K patients and $4B in revenue in 2024 - earning the #1 spot on the Inc. 5000 2024 ranking of the Fastest Growing Companies. I initially joined Vytalize as COO and helped shape the business and operating model and played a key role in its successful Series B and Series C raises that netted over $150M in investment.Prior to Vytalize, I started the nation's first ACO enablement company and stood up 17 ACOs across the country with 1200 providers and 110,000 lives - with only one Business Development person (I call him "the Machine").At Humana, I led a team to create and operate an innovative new clinical model - one that focused on patient support and collaboration with providers - and improved Medical Costs by over $400M annually. We leveraged data and analytics in the early days of predictive modeling and risk stratification and also stood up the first clinical informatics and medical cost trend analysis unit to identify opportunities to improve outcomes and lower costs. Prior to leading Clinical Programs, I was tapped to head up an internal Process Reengineering team that focused on improving operating efficiency and effectiveness across various core business processes. This followed my time in Finance where I worked closely with the CFO as head of Financial Planning and Financial Operations as we in support of his leadership out of financial turmoil.My formative years in healthcare were on the provider side and were highlighted by my time in the IPA management space where we operated multiple IPAs which took downside risk in a fully delegated model. It is this experience - where I witnessed what happens when there are aligned financial incentives between payors and providers - that shaped my view of how healthcare should work.

Gary Thompson's Current Company Details
PatriotPay

Patriotpay

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Chief Business Officer
Louisville, KY, US
Gary Thompson Work Experience Details
  • Patriotpay
    Chief Business Officer
    Patriotpay
    Louisville, Ky, Us
  • Vytalize Health
    Chief Business Officer
    Vytalize Health 2022 - 2024
    Led business development and growth that helped transform the company from early stage value-based care company to a recognized industry leader. Provided strategic and business planning leadership to refine business model to attract and engage Primary Care providers.Notable accomplishments and recognitions:• Grew revenue from $10M to $4B from 2022 to 2024• Grew ACO attribution from 30K in 2022 to nearly 300K in 2024• Inc. Magazine 2024 - #1 Fastest Growing Private Company in America (all sectors)• Forbes 2024 - #5 America's Best Startup Employers• Inc. Magazine 2023 - #9 Fastest Growing Company in Health Services• Deloitte Technology 2023 - #26 on Fast 500
  • Vytalize Health
    Chief Operating Officer
    Vytalize Health 2020 - 2022
    Louisville, Kentucky, United States
    • Provided leadership role in developing strategy and operational design into business plan that successfully attracted $150M in capital through series B and C financing • Led operations and analytics for early stage value-based care company• Leveraged data and benchmarking to identify opportunities to improve ACO performance and primary care engagement
  • Synchrony Health
    Ceo
    Synchrony Health 2016 - 2020
    • Provided strategic guidance to Accountable Care Organizations on reducing medical costs and improving quality.• Developed preferred provider networks with a focus on leveraging CMS Waivers for collaboration between providers.• Created new ancillary revenue streams for Primary Care Physicians through meaningful collaboration.
  • Imperium Health Management, Llc
    Founder And Ceo
    Imperium Health Management, Llc 2010 - 2015
    • Founded the nation’s first ACO enablement company focused on independent Primary Care Physician-led Accountable Care Organizations.• Developed 17 Accountable Care Organizations across the country with over 1,100 participating Primary Care Physicians and 110,000 aligned patients.• Secured strategic investment from publicly traded post-acute company
  • Humana
    Vice President, Clinical Programs
    Humana 2004 - 2010
    • Improved Medical Cost trends by $400M annually through the redesign, build out, implementation and operation of the new Clinical Model• Transformed the company from its historical UM focus to an industry leading patient guidance and support model to strengthen the patient-physician relationship.• Established and led the company’s first Medical Cost trend detection and Clinical Informatics groups to analyze and quantify opportunities to improve healthcare cost and quality
  • Humana
    Director - Internal Consulting Practice
    Humana 2002 - 2004
    Direct the efforts of Humana’s Internal Consulting Practice to reengineering core business processes and and ensure that the objectives and results are aligned with the Company’s strategies and priorities.
  • Humana
    Director Of Financial Operations And Planning
    Humana Nov 1997 - Aug 2002
    Responsible for all earnings forecasts and earnings estimates for the enterprise. Responsible for estimating and provisioning for the company’s medical claims reserves. Lead the efforts of the five Regional Controllers responsible for recording, analyzing and communicating the financial results of the company’s fully insured medical products.
  • Ahi Healthcare Systems
    Director Of Development
    Ahi Healthcare Systems 1994 - 1997
    AHI served as owner/operator of Independent Physician Associations that accepted risk-based contracts with managed care payors while providing full clinical and financial management to its wholly owned networks. Responsible for budgeting, forecasting, payor/provider contract analysis, risk pool management, and claim recovery oversight. Served as financial lead and transition committee member in sale of company that resulted in 50% increase in stock value to shareholders.

Gary Thompson Education Details

Frequently Asked Questions about Gary Thompson

What company does Gary Thompson work for?

Gary Thompson works for Patriotpay

What is Gary Thompson's role at the current company?

Gary Thompson's current role is Chief Business Officer.

What schools did Gary Thompson attend?

Gary Thompson attended University Of Louisville.

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