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VMG Health expands advisory services with addition of two new executives
VMG Health, the market leader in providing full-service healthcare advisory, consulting and transaction related services, is pleased to announce it is expanding services in the advisory division to support clients’ ever evolving needs. “VMG is excited to add Jack Wolf and Patrick Solomon to our growing advisory practice. Both Jack and Patrick have extensive experience as senior executive of large private and publicly traded healthcare organizations. Each of them brings a unique set of skills and expertise which will assist our clients in addressing complex operational and financial problems. Our objectives at VMG Health will always be rooted in healthcare industry expertise and high level responsiveness, Jack and Patrick will enhance our capabilities on both fronts” said VMG Health CEO Greg Koonsman.
Jack Wolf has joined as Managing Director in the Nashville office. He brings over 35 years’ experience of managed care and payer/provider relationship contracting activities, including strategic development and advancement; leading major payer negotiations; evaluating a hospitals or health systems managed care contract portfolio performance; and providing interim executive management and/or internal staff development. Prior to joining VMG Health, Jack Wolf held senior executive roles with Envision Healthcare, HCA and Ascension. Jack’s passion for assisting providers in growing their managed care portfolio net revenue, solving complex contracting situations, and establishing sustainable practices within hospital, health system and medical group clients will bring added value to VMG Health’s client base. “The need for thoughtful review and negotiation of managed care contracting and relationship has never been more pressing, particularly as more non-traditional investors seek acquisitions in healthcare. I am pleased to join the VMG Health team and to partner with my fellow colleagues in building value for our clients,” said Wolf.
Patrick Solomon has joined as Director in the Nashville office, to enhance VMG’s advisory services in physician group practice operations and hospital-based physician service line optimization. Patrick Solomon has three decades of experience in acquiring and operating physician group practices, including on behalf of private equity. Prior to joining VMG Health, he held various senior executive roles at Envision Healthcare and predecessor companies, most recently as the Chief Strategy Officer for the enterprise and later as President of the Anesthesia division. As a seasoned executive, he is capable of solving operational issues for hospital-based services on behalf of the medical group and hospitals, making him a highly qualified addition to VMG Health’s advisory division. “It is an honor to join VMG as part of their rapidly growing advisory services division. VMG has an excellent reputation in the hospital community and I look forward in applying practical experience from industry to provide solutions for their hospital and private equity clients,” said Solomon. “A collaborative approach with physicians combined with technical expertise is key to optimizing operational and financial performance.”
About VMG Health: VMG Health is a recognized leader in healthcare transaction advisory and consulting services. Known for providing high-quality, independent advice in a timely manner, VMG Health has been delivering thought leadership and solutions to clients related to all types of healthcare organizations, facilities, and compensation arrangements since 1995. VMG Health provides compliance related transaction services including business, real estate, and asset valuation, physician compensation plan design and valuation, buy side and sell side quality of earnings / financial due diligence, coding compliance services, strategic advisory services, litigation and dispute services, and reimbursement consulting. VMG Health is owned by VMG Employees and Northlane Capital Partners, LLC (“NCP”). NCP invested in the company in March 2020. For more information, please visit vmghealth.com.