WORK EXPERIENCE |
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2005 – Present |
Principal,
The Stein Consultancy, L.L.C.
A healthcare consulting company primarily engaged in interim CEO assignments.
Also providing management advisory services and expert testimony in litigation. |
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2005 – Present |
President
Emeritus
Touro Infirmary, New Orleans, LA |
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1991
- 2005 |
President
and Chief Executive Officer
Touro Infirmary, New Orleans, LA |
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Touro
is a 150 year old health system comprising an urban teaching
hospital, a rehabilitation hospital, a physician management
company, a continuing care retirement community, a home health
care company,
and other related entities. Until recently included an HMO/PPO serving
325,000 lives. Its annual gross revenue is approximately $600 million
and employs 2,000 people. Touro is affiliated with Tulane and LSU Medical
Schools.
Converted a loss of $16 million in 1991 to a profit of $3 million within
two years and a profit of $11 million in 2004 while increasing cash and
investments from $42 million to $138 million and improving technology
and physical plant with $129 million of investments. Grew medical staff,
market share, patient and physician satisfaction, quality and patient
safety, new programs, and a first class management team while reducing
nurse turnover, accounts receivable, and litigation against the organization.
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1991 |
Principal,
JENSCO Associates |
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Provided
interim CEO services as well as diversified management consulting
services to hospitals, physician practices and other health
care organizations. |
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1989-1991 |
President
and Chief Executive Officer
Suburban Health Corporation, Pittsburgh, PA |
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Led
this medium sized health care organization back to good health
converting a $700,000 loss to a $1.2 million operating profit
within 12 months. Increased productivity 13.7%, developed a
strategic and architectural master plan involving all constituencies
as well as installed effective quality assurance systems. |
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1983-1989 |
Hospital
Corporation of America |
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Senior
VP for Operations, Dimensions Health Corporation 1985-1989
Prince George’s County, MD
(HCA Managed) |
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CEO
Greater Laurel Beltsville Hospital, Laurel, MD
COO Dimensions Health Corp. (Multi-facility Health System) |
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Hospital
Accomplishments:
Converted $800,000 loss to $3 million profit within two years; increased
occupancy 22%; increased OP activity 18%; executed marketing plans for
specialty programs in substance abuse, mental health, and acute rehab;
and implemented total hospital quality improvement program. |
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System
Accomplishments:
Converted $6.6 million loss to $2.8 million profit within 2 years; negotiated
long-term union contracts with multiple bargaining units; and established
joint ventures in home care, weight loss, office buildings and imaging
services. |
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Associate
Director, St. Luke’s Hospital, Newburgh, NY 1983-1985
(HCA Managed) |
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Converted
$1.4 million loss to $800,000 profit within 18 months; implemented
successful marketing and promotional programs; instituted flexible
staffing in all departments; and renegotiated all major physician
and vendor contracts. |
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1976-1983 |
Chief
Operating Officer
Meadowlands Hospital. Secaucus, NJ |
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Major
role in developing new 200 bed hospital into an effective and
profitable operation. Developed participatory budget process,
negotiated clinical affiliations with schools of nursing and
allied health, converted to in-house computer system, initiated
management development programs, and implemented regional industrial
medicine services. |
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1973-1976 |
Assistant
Director
Barnert Memorial Hospital, Paterson, NJ |
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Provided
administrative supervision for various hospital departments,
developed long range strategic plans, prepared several successful
certificates of need, and assured compliance with all JCAHO
requirements. |
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| EDUCATION |
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M.A.,
Health Care Administration, 1974 (Major: Hospital Administration)
The George Washington University |
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B.A.,
Queens College, 1971 (Major: Economics & Sociology of Administration)
City University of New York |
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| HONORS,
AWARDS, AND RELATED ACTIVITIES |
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Diplomate, American College of Health Care Executives
Board of Directors, Bristol ID Technologies Corp. |
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Chairman,
Metropolitan Hospital Council of Greater New Orleans, 2000-2001 |
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Louisiana
Hospital Association Board of Trustees |
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ShareCor
(Group Purchasing Organization) Board of Trustees |
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American
Hospital Association Regional Policy Board |
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Treasurer,
New Orleans Chamber of Commerce Board of Directors |
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Vice
Chairman, Rivergate Development Corporation Board (Public Benefit
Corp) |
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Executive
Committee, Business Council of Greater New Orleans |
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1989
Emerging Leaders in Health Care Award Recipient |
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Dr.
Robert S. McCeney Award for Administrative Excellence, 1988
Recipient |
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Who’s
Who Among Students in American Universities and Colleges, 1970,
1971 |
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