Jen Johnson, CFA

Chief Commercial Officer, Managing Director

Jen Johnson is VMG Health’s Chief Commercial Officer, and also serves as a Managing Director, having led the Compensation Division since 2006. Her expertise is related to issuing Fair Market Value opinions and developing solutions for compensation arrangements, as well as assisting health systems with documenting the commercially reasonable standard. She is focused on cost effective compliance and has been integral in developing internal compensation tools for some of the largest health systems in the country.

Johnson has extensive experience with every type of compensation arrangement including clinical services, administrative services, management agreements, and on-call coverage. Her primary focus has shifted to helping health systems understand how to stay compliant with physician compensation while incorporating pay for performance models to the existing fee for service landscape. She understands the multitude of new arrangement types and regulatory nuances associated with these new models, including co-management agreements, hospital efficiency programs, quality payments, shared savings arrangements, and the allocation of payments from Accountable Care Organizations (ACOs) and Clinically Integrated Networks (CINs) to physicians. Johnson is routinely published on these topics nationally through organizations such as American Health Lawyers Association, American Bar Association, Health Care Compliance Association, and Healthcare Financial Management Association.

Other accomplishments of Johnson’s include providing expert witness testimony related to Fair Market Value, and serving as a peer review editor for the Journal of Hospital Administration. Johnson began her valuation career with KPMG, LLP in their Forensic and Litigation Services department in 1998, where she worked directly under experts in the field of finance, accounting, and economics. She also served the University of North Texas as a finance professor. Prior to that, she earned her BBA and MBA in Finance as well as the Chartered Financial Analyst designation, while working for several companies in a consulting capacity. Her consulting work included business valuation, financial projections, and operational systematizations.

Anthony Domanico is a Director at VMG Health and is the head of VMG Health’s provider compensation design and consulting service line. With nearly 15 years of experience in the valuation and design of provider compensation arrangements, Domanico’s practice has a national focus on compensation design and consulting services for both employed and non-employed physicians and advanced practice providers (APPs) within the healthcare services industry.

He specializes in assisting clients in the development and design of clinical, administrative, and academic compensation structures that align provider incentives with the mission, vision, values, and strategic goals of the organization.

In addition to compensation design and consulting, Domanico values compensation for professional service arrangements that include clinical coverage, call coverage, medical directorships, academic and faculty appointments, physician consulting, clinical co-management, administrative management, physician executive, and many other types of service arrangements. His clients include for-profit and not-for-profit health systems, academic medical centers, and other publicly owned and privately held healthcare entities.

Prior to joining VMG Health, Domanico was a Senior Consultant at SullivanCotter and focused on employed provider compensation design, fair market value, and commercial reasonableness analyses. Before that he worked for two not-for-profit health systems in Minneapolis, Minnesota focused on employed and non-employed provider in the disciplines of finance, human resources, and business development.

Domanico holds a bachelor’s degree in social psychology from Beloit College in Beloit, Wisconsin. He also holds a Master of Business Administration from Hamline University in Saint Paul, Minnesota. He is designated as a Certified Valuation Analyst (CVA) through the National Association of Certified Valuators and Analysts.

Holden Godat is a Director in the Professional Services Agreements division at VMG Health and is based in the Dallas office. His focus includes valuation and consulting services for professional service arrangements within the healthcare services industry. He specializes in valuing a wide variety of agreements and agreement structures including: clinical services, medical directorships, physician executive services, on-call coverage, and administrative management arrangements.

Godat holds a Bachelor of Business Administration in Finance from the Neeley School of Business at Texas Christian University. Godat is currently working toward receiving a Chartered Valuation Analyst designation from the National Association of Certified Valuators and Analysts.

Mallorie Holguin is a Director in the Compensation Division at VMG Health and is based in the Dallas office. She specializes in providing valuation and consulting services for compensation arrangements within the healthcare services industry. Her particular valuations expertise relates to hospital-based coverage arrangements, clinical compensation, on-call compensation, and administrative directorship compensation. In extension, she has assisted clients with developing multi-specialty medical group compensation models, providing insight into team-based care models, and creating quality incentive payment structures.

Holguin graduated with a Bachelor of Arts in Science in Economics and a Master of Science in Finance from the Edwin L. Cox School of Business at Southern Methodist University.

Ben Minnis is a Manager in the Compensation Arrangements Division at VMG Health with a focus on compensation design and consulting services for both employed and non-employed physicians and advanced practice providers (APPs). Specifically, he assists clients in the development and design of clinical, administrative, and academic compensation arrangements that align provider incentives with the mission, vision, values and strategic goals of the organization.

In addition to compensation design and consulting, Mr. Minnis has valued compensation for professional service arrangements that include clinical coverage, call coverage, medical directorships, academic and faculty appointments, physician consulting, administrative management, and other service arrangements. Clients include for-profit and not-for-profit health systems, academic medical centers, and other publicly owned and privately held healthcare entities.

Prior to joining VMG Health, Mr. Minnis was a Physician Compensation Consultant at a large not-for-profit health system where he assisted with a wide range of provider compensation projects including compensation design & implementation, fair market value, professional service agreements, and compensation processing. Before that, he worked as an Analyst for SullivanCotter, focusing on employed provider compensation design, fair market value, and commercial reasonableness analyses.

Mr. Minnis holds a Bachelor of Science degree in kinesiology from the University of Minnesota, and a Master of Health Administration degree from the University of Kentucky.

Hayley Stogner is a Manager in the Compensation Division at VMG Health and is based in the Dallas office. She focuses on providing valuation and consulting services for compensation arrangements within the healthcare services industry. She specializes in valuing a variety of agreements including clinical services, medical director and physician executive services, on-call coverage services, and professional service arrangements.

Mrs. Stogner received a Bachelor of Science in Communication Studies and a minor in Business Foundations from the University of Texas at Austin and a Masters of Science in Finance from Edwin L. Cox School of Business at Southern Methodist University.

Julie Doyle is a Manager in the Compensation Division at VMG Health and is based in the Dallas office. She focuses on providing valuation and consulting services for compensation arrangements within the healthcare services industry. She specializes in valuing a variety of agreements including clinical services, medical director and physician executive services, on-call coverage services, and professional service arrangements.

Mrs. Doyle received a Bachelor of Business Administration in finance from the University of Texas at Austin. She is currently designated as a Certified Valuation Analyst (CVA) and is a member of the National Association of Certified Valuation Analysts.

Samuel Doucet is a Manager in the Compensation Division at VMG Health and is based in the Nashville office. His focus is on providing valuation and consulting services for compensation arrangements within the healthcare services industry. He has particular expertise in valuations related to clinical services, on-call coverage, medical director and physician executive services, hospital-based coverage arrangements, and large professional service arrangement acquisitions.

Mr. Doucet graduated with a Bachelor of Business Administration degree and a Master of Business Administration degree in Finance from the Else School of Management at Millsaps College.

Thomas Torcellini is a manager in the Professional Services Agreements division at VMG Health and is based in the Dallas office. Mr. Torcellini specializes in providing valuation and consulting services for professional service arrangements within the healthcare services industry, including valuations related to clinical compensation models, on-call coverage, physician administrative services, subsidy coverage, and management services.

Prior to joining VMG Health, Mr. Torcellini served in the financial services industry for several years working in the Corporate and Investment Bank at JP Morgan Chase & Co.

Mr. Torcellini graduated with a Bachelor of Business Administration degree in finance and a Master of Science in Finance degree, both from the Edwin L. Cox School of Business at Southern Methodist University. In addition to his academic degrees, Mr. Torcellini is in the process of earning the Certified Valuation Analyst (CVA) designation.