Our Heritage
Healthcare Expertise: Ambulatory Services, Operations and Corporate Finance
Since 1996, JR, Frank and their leadership team built MedSynergies, Inc. a national healthcare technology enabled services company headquartered in Dallas, Texas with more than 9,000 physicians operating in over 1,000 locations in 29 states.
Partnering with healthcare systems and physicians, MedSynergies served as an integration and operational engine to design, operate and grow ambulatory services within a local market. Throughout its history, the Company pivoted to meet the changing needs of the dynamic healthcare marketplace while retaining its financial ability to fund new products and services.
With more than 1,100 domestic associates and 800 global associates, the Company was successful in growing its revenues to well over $200MM. The Company acquired over $24MM in institutional equity to fund its growth and generated a significant return to its shareholders upon the sale of the company in 2014.
Today, the Company continues its mission through Optum360, a technology services company owned by United Healthcare.
Leadership
John R. "J.R." Thomas, Co-Managing Principal
John R. "J.R." Thomas, Co-Managing Principal
John R. "J.R." Thomas, Co-Managing Principal
For over 20 years, J.R. served as CEO and board member of MedSynergies, a national physician practice management company. In October of 2014, MedSynergies completed a sale to Optum, a division of United Healthcare.
J.R. has a previous corporate finance background with a predecessor of J.P. Morgan Chase and Bank One. He is an advisory board member of GuideIT and Access Healthcare.
His community efforts have been focused upon: national security, through Businesss Executives for National Security (BENS); education, through the Dallas County Community College; and health, through Camp MaGIc, Inc., a camp for children challenged by IBD.
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Frank Marshall, Co-Managing Principal
John R. "J.R." Thomas, Co-Managing Principal
John R. "J.R." Thomas, Co-Managing Principal
For over 18 years, Frank served as President, Chief Operating Officer and other senior executive roles at MedSynergies, Inc. following a corporate finance career at The Associates, a consumer finance company, purchased by Citigroup.
His community focus has been on education through various leadership roles supporting Jesuit College Preparatory School of Dallas and its alumni organization. He is also involved in various Catholic charitable organizations in North Texas.
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Ellen C. Mahony, Principal
John R. "J.R." Thomas, Co-Managing Principal
Ellen C. Mahony, Principal
Ellen has over 30 years of executive healthcare operations experience serving as Executive Vice President and Chief Operating Officer at MedSynergies. She is credited for building the national client service and global operations capacity that not only increased revenue by $100MM in one year but also increased gross margin by over 500 basis points.
Prior to MedSynergies, she served over 20 years at Electronic Data Systems (now Hewlett Packard) in a variety of healthcare operations and client serving roles. She has extensive overseas experience in education, business and leisure.
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Doug Hansen, Principal
Doug Hansen, Principal
Ellen C. Mahony, Principal
Doug has focused his executive healthcare career in accounting and financial roles. Doug most recently served as the Chief Financial Officer of MedSynergies, Inc. from 2013 until 2017 and he also served as the Chief Operating Officer in 2017 for the integration of MedSynergies into Optum 360. Prior to MedSynergies,
Doug served as Chief Financial Officer of Accelion Health, a venture capital backed company and the healthcare division of Perot Systems, now NTT Data. Doug began his career at Ernst & Young focused upon auditing services of Fortune 500 companies. Doug graduated summa cum laude in accounting from Texas A&M University Mays School of Business and is a licensed C.P.A..
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William B. "Bill" Scarnato, Principal
Doug Hansen, Principal
William B. "Bill" Scarnato, Principal
Bill has over 30 years of executive healthcare experience in both hospital and physician settings. He served in a number of executive management and development capacities at MedSynergies, Inc., where he managed the relationships with the Pacific Coast (Dignity)/Optum360 and the Abrazo Medical Group (Tenet) /MedSynergies. He also served in a business development role there.
Prior to MedSynergies, Bill served as President/GM of Business Development and Operational Effectiveness for West Hudson/Cardinal Health and served as President/Principal of West Hudson, Inc., a healthcare management firm focused upon operational improvements for large academic and community healthcare organizations. Bill is involved with the Crohn's and Colitis Foundation of America, 2018 U.S. Senior Open and the University of Denver.
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