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A leader, entrepreneur, coach and strategist whose focus on people, process, innovation and execution has enabled him to create mass shareholder value in VC and PE backed healthcare technology enterprises, Rick is an expert in automated revenue and clinical cycle management for healthcare enterprises of all sizes.Rick was most recently Chairman & CEO at Clinicient, the leading provider of clinical and revenue cycle management (RCM) software solutions for Outpatient Rehabilitation providers. He is also a Member of the Board of Directors at Corrona, operator of the largest real world observational database in rheumatoid arthritis. Prior, Rick was Chief Operating Officer of Medsphere Inc, the leading provider of open source EHR for hospitals, where he led the company to over 400% growth, helped raise its $12m Series C and delivered the first profits in company history. Earlier, Rick was Chief Revenue Officer of Athenahealth (NASDAQ: ATHN), the pioneer in the automated RCM market, where he developed and led the go-to-market strategy and business model development. He is credited with putting the company on the map as a disruptive leader and influencer in the then-nascent revenue cycle market during its Series A and B stages. ATHN current market cap is approximately $6.5b. Rick's first 10 years were with US Healthcare, a leading HMO provider that revolutionized group health insurance. As VP/GM of the $500m Pittsburgh region, he led a worst-to-first turnaround. Aetna (NYSE: AET) acquired US Healthcare $8.9B in 1996.A Gerson Lehrman Group (GLG) expert network Leader, Rick is a regular advisor to investment banks, hedge funds, and private equity firms, and frequent speaker at university forums and industry conferences on future HCIT trends.Other keywords: Healthcare consulting, Commercialization, Financials, Healthcare reimbursement, Sales strategy, operations management, physicians, hospitals, training, budgeting, private equity, venture capital, fundraising, revenue cycle management, patient registry, data analytics
Southold Partners
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Managing DirectorSouthold Partners 2006 - PresentChairman & CEO, board member, investor, coach, and advisor, to venture capital, private/growth equity funds, and the companies they finance in RWE, RCM, EHR and precision medicine industries.
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Member Board Of Directors And Audit CommitteeCorevitas, Llc Jan 2016 - Jan 2020Waltham, Ma, UsCorEvitas (acquired by Thermo Fisher Scientific) operates the largest real-world observational/evidence (RWE) database in rheumatoid arthritis: offering deep clinical insights from over 40,000 patients and 130,000+ patient years of detailed clinical observational data from physicians and patients. We also offer a number of other registries in the autoimmune space. -
Chairman & CeoClinicient (Acquired By Webpt 1/22) Feb 2014 - May 2017Clinicient is transforming outpatient rehabilitation with a powerful pairing of technology and expert advisory services that automates the clinical documentation and reimbursement process for outpatient rehabilitation services providers. Clinicient's Insight platform automates every link in the care delivery chain, from patient to payment™. Our solutions, combined with our incomparable data-driven coaching services, help clients optimize their practice operations, holistically increasing revenue (8-12%), decreasing costs (25-35%) and minimizing time-to-collections (35-40%)… making Clinicient a valued ally in our clients’ practice success.
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Chairman, Board Of DirectorsClinicient Jan 2008 - Feb 2014Portland, Oregon, UsClinicient automates the reimbursement and clinical documentation process for providers of physical, occupational and speech therapy services. -
Chief Operating OfficerMedsphere Systems Corporation Nov 2007 - 2011Sandy, Ut, UsMedsphere provides the fastest, most effective EHR solution to affordably achieve Meaningful Use under ARRA in the healthcare industry today. -
Vice PresidentMdeverywhere, Inc. 2003 - 2006Waltham, Ma, UsLed the market and product integration strategy of the MDeverywhere acquisition by a venture-backed billing company and led sales and marketing to 300% growth -
Chief Revenue OfficerAthenahealth 2000 - 2002Boston, Massachusetts, UsLed the development of the initial go-to-market strategy, product positioning, pricing and packaging of athenaCollector, guided the company to its first $10m in revenue, and helped raise it's $30m Series B. NASDAQ (ATHN) is today the leading clinical, revenue and care coordination management firm in the industry with a current market capitalization of $3.5b. -
Vice President & GmUs Healthcare 1987 - 1996Hartford, Connecticut, UsLed a worst-to-first turnaround in revenue ($70m to $225m) and gross margin (35%) with full P&L responsibility. Aetna (NYSE: AET) acquired US Healthcare for a then-record amount of $8.9B in 1996.
Rick Jung Skills
Rick Jung Education Details
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State University Of New York CortlandElementary Education And Math
Frequently Asked Questions about Rick Jung
What company does Rick Jung work for?
Rick Jung works for Southold Partners
What is Rick Jung's role at the current company?
Rick Jung's current role is Digital Health Entrepreneur | Chairman | CEO | Board Member | General Partner l Investor.
What is Rick Jung's email address?
Rick Jung's email address is rj****@****ona.org
What is Rick Jung's direct phone number?
Rick Jung's direct phone number is +150320*****
What schools did Rick Jung attend?
Rick Jung attended State University Of New York Cortland.
What are some of Rick Jung's interests?
Rick Jung has interest in Health, Children, Environment, Education, Science And Technology, Human Rights, Family, Especially Stripers, Civil Rights And Social Action, Poverty Alleviation.
What skills is Rick Jung known for?
Rick Jung has skills like Strategy, Leadership, Strategic Planning, Healthcare Information Technology, Healthcare, Management, Start Ups, Enterprise Software, Consulting, Entrepreneurship, Business Development, Business Strategy.
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