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Our Senior Management
Scott Phillips
Scott Phillips has over 30 years of healthcare industry management and consulting experience. Prior to founding HMP in 1997 he served as the President and CEO of a 636 bed Academic Medical Center, National Partner and Regional Healthcare Practice Director with Touche Ross & Co., and CFO of a faith based Multi-Hospital System operating in seven states with 12 hospitals.
Scotts' management assignments and consulting experience has been with both tax-exempt and investor-owned healthcare service providers. He understands the organization and delivery of high quality health services, including the role of corporate and medical staff governance during difficult periods of transition. Scott has executive level experience with mergers, acquisitions and turnaround situations, including bankruptcy. In all of his healthcare provider turnaround assignments, he has successfully designed and implemented plans that simultaneously added patient volume and revenues, while conserving cash and reducing unit costs. He understands that this approach builds on the organization's strengths and attracts the support of the medical and nursing staffs, which is essential for the long-term provision of quality healthcare services.
Over the past several years, Scott has served as the Chairman and CEO of an investor owned healthcare provider with operations in fifteen states and CRO of a publicly traded medical staffing company with over 2,000 employees. Both assignments included the crises management of complex organizations in the early stages of high profile criminal and civil fraud investigations by multiple federal agencies. Scott has expert knowledge of the bankruptcy process as well as its implications and obligations on an operating provider of healthcare services.
Scott is a graduate of the University of Florida with a Bachelor's Degree in Accounting. He is a licensed Certified Public Accountant and member of numerous professional organizations.
(267) 207-2770 (office)
(267) 207-2929 (direct)
(267) 804-3885 (cell)
(215) 689-4386 (efax)
sphillips@hcmpllc.com
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Michael Morgan
Michael Morgan is a former hospital chief executive officer with more than 30 years of healthcare management experience. He brings deep experience and talent for turning around ailing healthcare providers and optimizing healthy organizations.
In his 25-year career at the Sisters of Mercy Health System, Micahel was responsible for turning around five of the system's 19 hospitals. He served as president and CEO for several Sisters of Mercy hospitals, including St. John's Mercy Health Care, which has more than $800 million in operating revenues, more than 8,000 employees and includes the system's flagship 957-bed teaching hospital.
As a C-level executive, he has set successful new strategies, improved clinical and administrative operations, and changed organizational cultures. He has developed capable management teams that increased patient volume, improved profitability and maximized cash flow.
After leaving the Sisters of Mercy system, Michael served as the Chief Restructuring Officer and CEO for a two-hospital investor-owned system in Texas. In eight months, he led the successful turnaround, emergence from bankruptcy and recapitalization of the hospitals by a physician-led limited partnership. He is currently leading the turnaround of a chain of five nursing homes in Texas and the bankruptcy turnaround of a two-campus acute-care medical center in Mississippi.
Michael holds a master of science in business administration from the University of Central Oklahoma and a bachelor of science in business administration from the University of Science and Arts of Oklahoma. He is a fellow of the American College of Healthcare Executives and has served as an officer or director of numerous hospitals and business organizations, including a 280,000-member for-profit health plan.
(713) 968-6521 (office)
mmorgan@hcmpllc.com
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Derek Pierce
Derek Pierce has almost twenty years of healthcare industry management and consulting experience. He has led or participated in interim management and consulting assignments for over forty healthcare providers including Baptist Memorial Health Care, National Health Service (UK), Washington Hospital Center, Life Point Hospitals, Tampa General Hospital, Legacy Health System, and IASIS Healthcare.
Derek has expert knowledge of the patient revenue cycle, third party contracting, Medicare and Medicaid corporate and regulatory compliance, and forensic accounting in conjunction with the defense of civil and criminal fraud claims or allegations. He led teams that conducted the forensic analysis in support of the settlement negotiations with the government at both Hospital Corporation of America (HCA) and HealthSouth Corporation, two of the largest and most complex civil fraud settlements in history.
Derek recently served as financial advisor to the official committee of unsecured creditors for a large urban teaching hospital in bankruptcy. As interim COO of an investor owned healthcare provider, he negotiated the settlement and release of Medicare civil fraud claims with the government to facilitate the Section 363 sale of the company's operating units. He also successfully led the disposition or collection of over 750,000 open patient accounts.
Prior to joining Healthcare Management Partners as a Managing Director, Derek was a Director at Alvarez & Marsal LLC. Earlier in his career, he spent eight years with Arthur Andersen LLP, where he specialized in strategic and operational consulting, including interim management assignments focused on the patient revenue cycle, optimizing third party payments and MCO contracting strategies.
Derek is a graduate of Samford University with a Bachelors degree in accounting and is a member of numerous professional associations.
(205) 870-0154 (office)
(615) 584-0719 (cell)
(615) 523-1835 (efax)
dpierce@hcmpllc.com
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Bruce Buchanan
Bruce Buchanan has over thirty years of experience in the
healthcare field and is a senior healthcare executive with a
successful track record in both the not-for-profit and investor-owned
sectors. He possesses multi-market experience at the
hospital and health system CEO level. He has deep experience
and expertise in revenue growth, physician collaboration/
integration, organizational development, productivity improvement,
and quality enhancement.
Before joining HMP, Bruce served as Chief Executive Officer of Phoenix Baptist Hospital, where he turned around the distressed 236-bed teaching hospital by reducing operating costs while enhancing care quality. Bruce led a similar turnaround of Northeast Baptist Hospital in San Antonio, including recruiting new physicians, doubling the hospital's physical space and growing market share. He also served as President and CEO of Atlanta Medical Center and of Mercy Health System Oklahoma and its Mercy Health Center in Oklahoma City. Bruce held senior management positions with Hillcrest Healthcare System and Saint Joseph Hospital and worked for Invalesco Group as an operations consultant to healthcare organizations.
Bruce has a bachelor of arts in sociology from Princeton University, a master of business administration from George Mason University and a master of health services administration from University of Michigan. He is board-certified in healthcare management and a Fellow in the American College of Healthcare Executives.
(713) 968-6521 (office)
bbuchanan@hcmpllc.com
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Dipak Patel
Dipak Patel has over ten years of advisory, investment management and operational experience in the institutional private equity and investment banking industry. Prior to joining HMP, Dipak was an Executive Director at Morgan Stanley where he focused on the advisory and execution of real estate investments. Dipak has been involved with several strategic transactions including the acquisition of numerous public companies for Morgan Stanley's Real Estate Funds. He has been actively involved in the real estate industry since 1996. Prior to joining Morgan Stanley, Dipak was in the Investment Banking Group at Citigroup where he worked with clients on mergers and acquisitions, restructurings and equity and debt offerings. Previously, he was a partner and general manager for several lodging investments, where he obtained extensive experience in acquisitions, operations and turnaround situations.
Dipak received his MBA, with Honors, from The Wharton School of the University of Pennsylvania in Finance, Strategic Management and Real Estate. He received his Bachelor of Science in Management, with High Honors, from the Georgia Institute of Technology.
212.461.4242 (office)
212.682.7190 (cell)
212.461.4244 (fax)
dpatel@hcmpllc.com
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