About CEO/Principal Consultant
Rick Jacob
Prior to founding JAHS, Rick was responsible for mergers and acquisitions, network development, and operations of a large for-profit integrated healthcare delivery systems throughout Southern California (inclusive of hospital systems and independent physician associations/medical groups). In addition, he has held various senior level executive positions with multiple health systems.
Over 35 consecutive years of experience in for-profit and non-profit health systems.
Connected with C-Suite executives with health plans, integrated hospital networks (for profit and non-profit), independent physician associations, private equity, venture capitalists, national medical groups, and FQHC’s.
Proven success in regional hospital and medical group setting.
Proven track record of strategic, operational, and successful execution of business plan objectives.
Experienced in market research, forecasting, feasibility studies, implementation, marketing, development, recruitment, mergers/acquisitions, operational efficiencies, outcome studies, practice evaluations, telemedicine services, manage care, health and life insurance and commercial/residential real estate, C level suite advisory, venture capital resources.
ACCOMPLISHMENTS:
Financials:
Grew medical group earnings by $25M and membership growth by 29%.
Hospital turnaround team member with $16M improvement over 2 years.
Acquisitions/Management Agreements/Office Building Projects:
Successfully closed multiple IPA aquisitions.
Recruited and executed management service agreements, profit sharing agreements, and closed purchases of multiple private medical practices.
Successful completion of physician owned hospital joint venture.
Successful completion of condo ownership of hospital campus medical office building.
Operations:
Reduced medical loss ratio by over 5%.
Clinical administration that reduced expenses by 25% and grew business by 35%.
Managed Care Contracting:
Acquired new managed care contracts that resulted in service line Medicare growth of 13% and outpatient surgery growth of 24%.
Established and implemented Full-Risk contracts with independent physician association and hospital network.
Speaker and Author:
Orange County Association of Health Underwriters medical panel speaker.
Authored multiple strategic business plans and financial projections for health systems and medical groups.
Branding:
Niche ethnic program.
14 multiple IPA’s.
Exclusive physician network.