Michael Krouse

Michael Krouse Email and Phone Number

Member of the Board of Advisors @ ArcheHealth
United States
Michael Krouse's Location
United States, United States
About Michael Krouse

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.

Michael Krouse's Current Company Details
ArcheHealth

Archehealth

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Member of the Board of Advisors
United States
Employees:
17
Michael Krouse Work Experience Details
  • Archehealth
    Member Of The Board Of Advisors
    Archehealth
    United States
  • Krouse Health Insights, Llc
    Strategic Advisor
    Krouse Health Insights, Llc Apr 2024 - Present
    Independent 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.
  • Columbus College Of Art & Design
    Board Member
    Columbus College Of Art & Design Aug 2019 - Present
    Columbus, Oh, Us
    Active member of Board, Finance, Planning and Technology, and Membership committees
  • Ascension Ventures
    Board Member
    Ascension Ventures Aug 2018 - Apr 2024
    St Louis, Missouri, Us
    Served as board member for investment fund IV and LP for investment fund III.
  • Ohiohealth
    Senior Vice President/Chief Strategy & Transformation Officer
    Ohiohealth Mar 2007 - Apr 2024
    Columbus, Ohio, Us
    SVP, 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
  • General Catalyst
    Limited Partner
    General Catalyst Apr 2022 - Mar 2024
    San Francisco, California, Us
  • Lrvhealth
    Limited Partner
    Lrvhealth Apr 2021 - Mar 2024
    Boston, Massachusetts, Us
  • Drive Capital
    Limited Partner
    Drive Capital Oct 2018 - Mar 2024
    Columbus, Oh, Us
  • Covail
    Board Chair
    Covail Jan 2018 - Apr 2022
    Columbus, Oh, Us
    Governed growth and successful exit to a Canadian-based technology company at an attractive multiple.
  • Central Ohio Health Information Exchange
    Board Chair
    Central Ohio Health Information Exchange May 2010 - May 2016
  • Cct (Columbus Children'S Theatre)
    Board Chair
    Cct (Columbus Children'S Theatre) Jan 2012 - Mar 2016
    Columbus, Ohio, Us
  • Pacific Northwest Ballet
    Board Member
    Pacific Northwest Ballet Apr 2004 - Mar 2007
    Seattle, Washington, Us
  • University Of Washington Medical Center - Northwest
    Vice President/Cio
    University Of Washington Medical Center - Northwest Aug 2002 - Mar 2007
    Administrative Vice President responsible for Information Services, Medical Records (HIM), and Human Resources
  • First Consulting Group
    Regional Vice President/Managing Director
    First Consulting Group Jan 1992 - Aug 2002
    Us
    Managing 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.
  • Ernst & Young
    Senior Manager
    Ernst & Young Jan 1987 - Jan 1992
    London, Gb
    Information Engineer focused on the industries of manufacturing, utilities and healthcare.

Michael Krouse Education Details

  • University Of Washington
    University Of Washington
    Master Of Business Adnminstration
  • Washington State University
    Washington State University
    Bachelor 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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