Michael Krouse Email and Phone Number
A Senior Healthcare Executive with over 35 years of healthcare experience in the United States market now advising the executive leadership and governance of promising healthcare systems and new ventures. Proven success in building revenue and market share, coupled with foundational success in building great teams, creating positive medical staff environments, and assembling successful partnerships and joint ventures. I specialize in strategy, innovation and growth. My technical acumen spans long-range strategic planning, M&A and partnerships, PE/VC investments, and technology. My communication is strong with people of all ages, genders and races and across all levels. Energy, enthusiasm, and curiosity are traits which lend to my flexibility and command of any situation.Being trained in Six Sigma and Design Thinking, I am a champion of simplicity, accessibility and affordability in healthcare with a deep belief in the benefits of a consumer-centric model. I enjoy innovating business processes and asking 'why' to spur creative thinking and engage associates in problem solving.In my experience as a senior executive and board chair, and member of organizations from healthcare, technology, higher education, and the arts, I understand the role and importance of good leadership and governance.Important achievements to date include developing and executing strategies resulting in 35% revenue growth; building multimillion dollar innovation funds achieving 28% return; growing and successfully exiting start-ups at attractive multiples; creating several 'first-of-its-kind' healthcare partnerships that led to increased market share of five+ basis points, and leading a best-in-class Epic implementation for a $6B healthcare system.
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Member Of The Board Of AdvisorsArchehealthUnited States -
Strategic AdvisorKrouse Health Insights, Llc Apr 2024 - PresentIndependent advisor for private equity, venture capital and large integrated healthcare delivery systems. Advisory services include: strategy and market-entry development; MVP development; M&A strategy; business case development; executive leadership development; management and execution.
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Board MemberColumbus College Of Art & Design Aug 2019 - PresentColumbus, Oh, UsActive member of Board, Finance, Planning and Technology, and Membership committees -
Board MemberAscension Ventures Aug 2018 - Apr 2024St Louis, Missouri, UsServed as board member for investment fund IV and LP for investment fund III. -
Senior Vice President/Chief Strategy & Transformation OfficerOhiohealth Mar 2007 - Apr 2024Columbus, Ohio, UsSVP, Chief Strategy and Transformation Officer (04/2018 - 04/2024) - Responsible for strategy, partnerships, business development, transformation, and regional relations.- Spearheaded the creation of the long range strategic plan and developed guiding framework with detailed performance metrics resulting in a 5 basis point improvement in market share.- Created Innovation and Direct Investment Team driving multiple successful and innovative partnerships and joint ventures resulting in 35% revenue growth.- Launched comprehensive senior care focused clinic in collaboration with ChenMed, the first such partnership nationwide- Developed innovative partnership with Zipline to manage delivery and movement of pharmaceutical and lab supplies with a project annual savings of $7MSVP, Clinical Support Services (03/2016 - 04/2018) - Directed clinical support in the areas of Lab, Pharmacy, Sterile Processing, Supply Chain, Parking and other areas.- Revamped sterile processing and increased block time availability by 25% while reducing compromised surgical kits by 20%- Obtained successful CLIA certification and Joint Coimmission reviews for 8 hospital labs and successful PCAB certification and Joint Commission reviews for 14 hospital pharmacies- Established supply chain JV and lowered surgical supply costs by more than $5M annuallySVP, CIO (03/2007 - 12/2016) - Led information technology and infrastructure for the health system.- Implemented Epic EHR across 15 hospitals, multiple ambulatory sites and hundreds of clinic locations achieving 'best-in-class' designation with limited disruption- Led the development and implementation of infrastructure and application layers encompassing three membership acquisitions, a $300M Neuro Tower, two hospitals, countless physician practices and multiple ambulatory centers- Implemented system-wide data-lake architecture for improved data efficiency, integrity and reporting -
Limited PartnerGeneral Catalyst Apr 2022 - Mar 2024San Francisco, California, Us -
Limited PartnerLrvhealth Apr 2021 - Mar 2024Boston, Massachusetts, Us -
Limited PartnerDrive Capital Oct 2018 - Mar 2024Columbus, Oh, Us -
Board ChairCovail Jan 2018 - Apr 2022Columbus, Oh, UsGoverned growth and successful exit to a Canadian-based technology company at an attractive multiple. -
Board ChairCentral Ohio Health Information Exchange May 2010 - May 2016
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Board ChairCct (Columbus Children'S Theatre) Jan 2012 - Mar 2016Columbus, Ohio, Us -
Board MemberPacific Northwest Ballet Apr 2004 - Mar 2007Seattle, Washington, Us -
Vice President/CioUniversity Of Washington Medical Center - Northwest Aug 2002 - Mar 2007Administrative Vice President responsible for Information Services, Medical Records (HIM), and Human Resources
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Regional Vice President/Managing DirectorFirst Consulting Group Jan 1992 - Aug 2002UsManaging Director for the Provider Sector of this professional services firm. Responsibilities for the offices of Seattle, San Francisco, Long Beach and Denver serving the western half of the United States. Services included: business and strategic planning; information technology selection, implementation and optimization, revenue cycle, network and infrastructure; and IT outsourcing. -
Senior ManagerErnst & Young Jan 1987 - Jan 1992London, GbInformation Engineer focused on the industries of manufacturing, utilities and healthcare.
Michael Krouse Education Details
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University Of WashingtonMaster Of Business Adnminstration -
Washington State UniversityBachelor Of Science Electrical Engineering And Computer Science
Frequently Asked Questions about Michael Krouse
What company does Michael Krouse work for?
Michael Krouse works for Archehealth
What is Michael Krouse's role at the current company?
Michael Krouse's current role is Member of the Board of Advisors.
What schools did Michael Krouse attend?
Michael Krouse attended University Of Washington, Washington State University.
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