Michael Castorino Email and Phone Number
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Accomplished global healthcare industry leader with broad executive skillset and 30+ year career piloting strategic growth, profitability, and digital transformation at MedTech start-ups, SMBs, and Fortune 500s. Snapshot:♦ Visionary thought leader in healthcare/medical devices who has developed life-saving patented products, run HP’s healthcare division (deep learning solutions), established start-ups, and more♦ Dynamic, value-driven executive with a unique track record in delighting healthcare industry customers through development and delivery of innovative digital (SaaS) solutions and services♦ Expertise in strategic planning, business development, product development, sales, marketing, operations, finance, and more; wears many hats, works globally, and forges strategic partnerships♦ Seasoned business leader who has navigated teams through international expansion, raised millions in equity, launched products to market, developed channels, conducted M&A, and more♦ Passionate about building high-performance teams and developing talent to excel in competitive markets; inspirational, collaborative servant leadership style, empowering staff with accountability
Docbox, Inc.
View- Website:
- docboxmed.com
- Employees:
- 27
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Chief Strategy And Growth OfficerDocbox, Inc.Carpinteria, Ca, Us -
ConsultantManagement Consulting | Fractional Chief Strategy And Growth Officer Apr 2024 - PresentGlobalLeveraging extensive healthcare expertise to provide strategic consulting to companies specializing in AI, clinical workflows, critical care, and telemedicine solutions. Offering organizations guidance on go-to-market strategies to navigate the complex healthcare landscape and position them for success. Working closely with clients to identify key growth areas, optimize operational efficiency, and develop tailored solutions that address the evolving needs of healthcare providers, payers, and patients alike. Helping organizations harness cutting-edge technologies to improve patient outcomes, enhance clinician satisfaction, streamline operations, and drive sustainable growth.
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Advanced Compute & Solutions - Global Healthcare Solutions PrincipalHp Jan 2020 - Feb 2024Palo AltoOversight of marketing, sales, customer, and clinical operations, including system administration, campaign execution, digitalized clinical systems, and optimized workflow. Management of teams, tools, sales compensation, and vendor contractor groups for salesforce engineering consulting and moderation, product inventory, pricing, and product launch. ♦ Spearheaded innovative digitalized healthcare solutions, driving growth and expansion of global distribution channels, differentiation, and access to a $40 billion Total Addressable Market. ♦ Introduced new growth opportunities, generating $2.3 billion in critical care, Artificial Intelligence, and telemedicine opportunities. ♦ Pioneered SaaS products, yielding a $100 million pipeline and enhanced patient outcomes. -
Senior Vice President Corporate DevelopmentVitel Net Jun 2018 - Jan 2020Mclean VaOrchestrated pivotal business development strategies focused on capital acquisition, financial model creation, and strategic partnership cultivation. Spearheaded revenue generation and amplified global market reach by securing impactful B2B and B2B2C agreements for the company's pioneering telehealth software platform. Championed the establishment and oversight of a highly proficient sales team, instrumental in driving successful product promotion and sales across diverse global markets. ♦ Orchestrated a 10X increase in the sales pipeline, capturing $43 million in potential business through innovative business development initiatives. ♦ Distinguished products as middleware, showcasing unique advantages over traditional telehealth platforms, resulting in seamless integration for various telehealth and healthcare systems. ♦ Enhanced productivity and efficiency for healthcare system clients through the creation of an innovative platform model, equipping Physician Service Organizations with streamlined single-sign-on functionality for accessing multiple electronic health records seamlessly. -
Vice President Healthcare AlliancesVidyo Feb 2016 - Jun 2018Hackensack, NjPlayed a pivotal role in expanding market share within the Telehealth industry, leveraging robust B2B and B2B2C alliances to introduce tailored clinical workflows that addressed specific customer needs. Achieved remarkable returns on investment, substantial market penetration, and revenue growth through strategic partnerships. ♦ Demonstrated exceptional sales prowess, employing strong negotiation skills to secure 3-year to 5-year contracts with an average annual value ranging from $2 million to $7 million, contributing to a cumulative total exceeding $100 million. ♦ Spearheaded exponential sales growth by leveraging established partnerships, resulting in an impressive installed base of over 300 integrated delivery networks (IDNs) and 3000 hospitals. ♦ Cultivated and nurtured OEM relationships with leading healthcare companies including GE Healthcare, Allscripts, Cerner, Medtronic, Philips, Siemens, HP, Honeywell, and IBM Watson Healthcare. -
Sr. Director Corporate Development /OemTeledoc™ 2014 - 2016Santa Barbara, California AreaLed the development and implementation of growth-driven strategies encompassing product innovation, market expansion, strategic partnerships, and M&A activities. Guided senior management, fostering the adoption of best practices to achieve organizational goals. ♦ Secured significant agreements totaling $5 million with five medical device companies for global physician training, proctoring, and monitoring, driving key wins for the organization. ♦ Played a pivotal role in cost savings amounting to $100 million annually for one of the Top 5 Integrated Delivery Networks (IDNs) by crafting a comprehensive business plan covering 42 hospitals and 455 clinics across 22 states. ♦ Successfully penetrated Asian markets through the establishment of a $4 billion joint venture with the largest hospital in China, expanding the organization's global footprint and market reach. ♦ Developed and delivered training materials resulting in a 20% sales growth in collaboration with the sales team. -
PrincipalMerit Advisor Group Inc May 2009 - 2016Led strategic business planning, R&D, and financial operations for healthcare clients, driving revenue and improving financial operations. As VP of Business Development, secured partnerships with major DME distributors, acquiring the 5 largest as partners. As CEO, increased company value 20X, boosted net profits, and secured a $1.4 million DoD contract. ♦ Catalyzed a 20-fold increase in company value prior to capital infusion, alongside a 40% boost in net profits. ♦ Led strategic development, R&D, and marketing efforts within the medical device industry, resulting in a 50% revenue increase for two startup organizations, positioning both for rapid time-to-market.
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Chief Executive OfficerEigen Inc. Jan 2000 - Dec 2009Guided a 150-member workforce post-LBO and drove pioneering advancements in prostate cancer technology. Established strategic alliances with OEMs, securing exclusive distribution agreements that propelled a 12X increase in market value. ♦ Successfully raised VC funding, assembled a skilled team for product development, and obtained FDA approval, while creating a robust patient outcome database. Secured a global OEM distribution deal, catapulting the company's valuation to $200 million. ♦ Spearheaded the development and FDA approval of innovative products, including a 3D/4D Prostate biopsy system, cardio PACS, electronic health records, and a practice management system, contributing to the company's substantial growth. ♦ Spearheaded the development and FDA approval of innovative products, including a 3D/4D Prostate biopsy system, cardio PACS, electronic health records, and a practice management system, contributing to the company's valuation reaching $200M. -
Board Member PositionsDignity Health Jan 1993 - Jul 2007Sacramento, California AreaThrough the years he served in the following entities:• Sierra Nevada Memorial Hospital Chairman of the Board 10 years Chairman of Finance and Planning Board Committee 6 years Chairman Negotiation Committee of the Board Member Bylaws Committee•Mercy Healthcare Sacramento Board Member 7 years Chairman of Finance and Planning Committee•Catholic Healthcare West Member CHW Medical Foundation Invited Candidate for Board Invited Candidate for Finance and Planning Committee Member of CHW’s Chairman Planning SymposiumsEigen Inc. Chairman of the Board
Michael Castorino Skills
Michael Castorino Education Details
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Business Administration -
Business Administration/ Accounting
Frequently Asked Questions about Michael Castorino
What company does Michael Castorino work for?
Michael Castorino works for Docbox, Inc.
What is Michael Castorino's role at the current company?
Michael Castorino's current role is Chief Strategy and Growth Officer.
What is Michael Castorino's email address?
Michael Castorino's email address is mc****@****dyo.com
What is Michael Castorino's direct phone number?
Michael Castorino's direct phone number is (866) 998*****
What schools did Michael Castorino attend?
Michael Castorino attended St. Mary's College Of California, California State University-Northridge.
What are some of Michael Castorino's interests?
Michael Castorino has interest in Economic Empowerment, Education, Environment, Science And Technology, Animal Welfare, Arts And Culture, Health.
What skills is Michael Castorino known for?
Michael Castorino has skills like Start Ups, Medical Devices, Strategy, Business Development, Mergers And Acquisitions, Strategic Planning, Executive Management, Leadership, Product Development, Venture Capital, Management, Business Strategy.
Who are Michael Castorino's colleagues?
Michael Castorino's colleagues are Kelly Flanagan, Rahul Tripathi, Vaidyanadhan Iyer, Rohan Surana, Aimee Carrillo, Harish Salvaji, Stephanie Smith Woelfel.
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