Tom Magnotta

Tom Magnotta Email and Phone Number

President @ Machinify
Tampa, FL, US
Tom Magnotta's Location
Tampa, Florida, United States, United States
About Tom Magnotta

Results driven, versatile and hands-on executive leader with success driving business growth, expanding enterprise value and leading companies through successful exits - PE, M&A and IPO. Distinctive experience and success building start-up business segments and driving turn-around of mid/large product lines. Accountable leader with 15+ years of direct P&L ownership and footprint of building scalable businesses, driving top-line revenue growth and EBITDA performance and unlocking client value in high growth, fast-paced and fluid healthcare technology space. Transformative and engaging leadership style with a metrics/data driven focus and proven track record of attracting, building and leading high performance teams – and shaping a culture balanced with operational rigor, innovation, agility and grit. Passionate about developing new and innovative products that help solve pervasive market challenges and enable clients to operate more effectively and deliver higher quality care at a lower cost. Uniquely positioned with deep expertise across the healthcare ecosystem: • Healthcare technology / analytics• Managed service, SaaS, consultative solutions • Health plan – government sponsored (Medicaid, Medicare) and Commercial• Pharmacy – medical Rx, PBM, Part D • Provider / health system, RCM Skills/Capabilities include: • Executive / Senior leader• P&L / Operations • Product Strategy, Development and Management • Client Service and Engagement / Sales • M&A, diligence, complex deal /contract negotiation • Capital planning / investment management • Cross-functional / matrix team leadership

Tom Magnotta's Current Company Details
Machinify

Machinify

View
President
Tampa, FL, US
Website:
machinify.com
Employees:
473
Tom Magnotta Work Experience Details
  • Machinify
    President
    Machinify
    Tampa, Fl, Us
  • Varis Llc
    President
    Varis Llc Aug 2024 - Present
    Roseville, Ca, Us
  • Apixio
    President & Chief Operating Officer (Coo)
    Apixio Jul 2023 - Present
    San Mateo, California, Us
  • Claimlogiq
    President & Chief Executive Officer (Ceo)
    Claimlogiq May 2022 - Present
    Mt. Pleasant, Sc, Us
  • Datalink Software
    Chief Operating Officer (Coo)
    Datalink Software Oct 2021 - May 2022
    Tampa, Florida, Us
    Responsible for the following functions: Operations; Product; Strategy; Implementations; Provider Engagement; Network Development.
  • Hms
    Svp & Gm
    Hms Apr 2019 - Oct 2021
    Irving, Texas, Us
    Member of Senior Leadership team with P&L oversight and accountability for $300M+ business segment, spanning multiple product lines and ~1,400 associates.Key Responsibilities: Direct P&L ownership, GM/Operations, Enterprise Product Strategy, Development and Management, Client Services and Business Insights, M&A.Key Accomplishments:- Led turnaround of business segment, achieving ~60% organic growth and ~80% total growth (w/ acquisition) over 2+ year period- Successfully led pursuit of 2 acquisitions to expand client base, product offering and capabilities - Played instrumental role in sale of company to Veritas Capital - deal closed in April 2021
  • Wellcare Health Plans
    Plan Chief Operating Officer (Coo)
    Wellcare Health Plans Mar 2018 - Apr 2019
    Tampa, Florida, Us
    P&L oversight for ~$700M Managed Medicaid business, covering ~260,000 members across the State of Missouri. Responsibilities: market operations; network development and management; provider relations and engagement; value based strategy, partnerships and contracting; growth strategy; community programs and member experience; market analytics and reporting.Key Accomplishments: - Exceeded net income target by 150%-#2 highest performing market - #1 MCO in state based on membership / market share - Led oversight of full risk deal w/ large health system (~60k lives) - Developed/launched value-based contracting strategy w/ key providers, FQHCs - Successfully launched Medicare Advantage product in MO, KS markets
  • Cotiviti
    Vp & Gm
    Cotiviti Mar 2013 - Mar 2018
    South Jordan, Ut, Us
    Responsible for the strategy, financial, sales, and operational leadership of Payment Accuracy business segment. Full P&L leadership of $200M+ business segment. Responsibility to lead, inspire, motivate and develop a 500+ member team in 4 office locations across U.S.Key Accomplishments:- Member of senior leadership team that grew start-up healthcare business to $300M in revenue- Key transaction milestones: sold to PE (2012); acquired iHealth Technologies (2014); IPO (2016)- Grew collective business to $700M+ in revenue, PE buy-out in 2018
  • Cotiviti
    Vice President & Principal
    Cotiviti Nov 2009 - Mar 2013
    South Jordan, Ut, Us
    Led financial, sales and operational leadership of large payer accounts, including full P&L ownership for significant portion of company revenue. Overall responsibility for 150+ member delivery operation and client relationship for large healthcare clients.
  • Cotiviti
    Director, Operations
    Cotiviti Nov 2007 - Nov 2009
    South Jordan, Ut, Us
    Served as center of gravity for start-up and thriving healthcare recovery audit business, with a primary focus of improving end-to-end operational performance to increase company revenue and profitability through; process re-engineering and standardization; financial reporting and analysis; global product development and implementation; and streamlining of new client implementations.
  • Health Net
    Director, Medical Economics
    Health Net Aug 2006 - Nov 2007
    Woodland Hills, California, Us
    Accountable for development and execution of newly established finance and analytics team in support of Government (Medicare and Medicaid) line of business and ancillary services (Specialty Rx, SNF, HH, etc.). Led data-driven unit focused on tracking, trending and reporting of medical costs (unit cost and utilization), medical economics, and financial modeling and analysis.
  • Norwalk Hospital
    Manager, Audit & Reimbursement
    Norwalk Hospital Jun 2003 - Aug 2006
    Norwalk, Ct, Us
    Responsible for all audit, reimbursement and charge capture functions for 328 bed teaching hospital, skilled nursing facility, and hospital-based physician practice.
  • Phelps Memorial Hospital
    Reimbursment Analyst
    Phelps Memorial Hospital May 2001 - Jun 2003
    Sleepy Hollow, New York, Us

Tom Magnotta Skills

Operational Efficiency Driving Growth Business Analytics Process Improvement Medical Cost Containment Healthcare Strategic Planning Financial Analysis Operations Management Account Management Financial Reporting Revenue Cycle Management Consulting Leadership Cross Functional Team Leadership Business Analysis Analytics Management Client Delivery Profit And Loss Management Business Strategy Revenue And Profit Growth Client Development Product Development Medicare/medicaid Reimbursement Business Transformation Health Plan Operations Pricing Strategy Contract Negotiation Strategic Negotiations Miller Heiman Sales Training Miller Heiman Strategic Selling Health Policy Market Analysis Health Insurance Hipaa Data Analysis Business Process Improvement Medicare Medicaid Healthcare Consulting Managed Care Insurance Vendor Management Project Management Strategy

Tom Magnotta Education Details

  • New York University
    New York University
    Health Policy And Financial Management
  • Springfield College
    Springfield College
    Healthcare Administration
  • Fox Lane High School
    Fox Lane High School

Frequently Asked Questions about Tom Magnotta

What company does Tom Magnotta work for?

Tom Magnotta works for Machinify

What is Tom Magnotta's role at the current company?

Tom Magnotta's current role is President.

What is Tom Magnotta's email address?

Tom Magnotta's email address is to****@****are.com

What is Tom Magnotta's direct phone number?

Tom Magnotta's direct phone number is +120352*****

What schools did Tom Magnotta attend?

Tom Magnotta attended New York University, Springfield College, Fox Lane High School.

What are some of Tom Magnotta's interests?

Tom Magnotta has interest in Family, Investing, Golf/sports, Reading, Golf, Travel.

What skills is Tom Magnotta known for?

Tom Magnotta has skills like Operational Efficiency, Driving Growth, Business Analytics, Process Improvement, Medical Cost Containment, Healthcare, Strategic Planning, Financial Analysis, Operations Management, Account Management, Financial Reporting, Revenue Cycle.

Who are Tom Magnotta's colleagues?

Tom Magnotta's colleagues are Richie Rudd, Juan Gandhi, Erin Pike, Tim Wetherill Md Facs, Steven Hall, Stephanie Rodriguez, Ianiv Schweber.

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