Alexander Shak
PRESIDENT & CHIEF EXECUTIVE OFFICER - Physicians' Health Alliance, LLC
Madison, CT
Work Experience
PRESIDENT & CHIEF EXECUTIVE OFFICER
June 1997 to Present
Founding Chief Executive Officer of the Physicians Health Alliance, LLC, a healthcare management company that offers a range of business services to a small and select group of healthcare clients. Areas of concentration include physician and provider management services, network development, clinical integration, organizational development, disease management, managed care contracting, and revenue cycle enhancements.
Accomplishments include leading in the revitalization and growth of a very successful Independent Physicians Association, implementation and management of a broad array of disease management and pay-for-performance programs, establishing a unique Health Information Technology joint venture that has brought an Electronic Medical Record to many small physician practices, building and managing an extremely successful HUSKY - Primary Care Partnership that provided capitated services to over 5,000 patients. Other initiatives include building a successful Assisted Services Living Agency, managing a number of Medicare Advantage joint ventures, and negotiating a variety of significant business initiatives between physician practices, health plans, and institutional providers.
SENIOR CONSULTANT
September 1996 to June 1997
Montpelier, Vermont
Retained by Vermonts largest physician organization to provide overall leadership and management expertise in the creation of Physician Services of Vermont, a physician-owned and administered Management Services Organization. Supported the Vermont Medical Societys staff, outside consultants, and Board of Directors in preparing a comprehensive business plan, identifying practice management support systems, building a statewide provider network, and negotiating all the requisite business and financial relationships.
SENIOR VICE PRESIDENT
March 1993 to August 1996
Berlin, Vermont
Served as a senior executive of Vermonts largest health plan consisting of approximately 200,000 members and generating $240 million in annual revenues. Responsible to the CEO and Board of Directors for all aspects of external and regulatory affairs including provider contracting and relations, actuarial and underwriting services, product development, marketing and sales, corporate communications, and governmental relations. The position served as the primary corporate contact and chief negotiator with the Plans numerous external constituencies, including large Academic Medical Centers, rural hospitals, physician groups, regulatory and governmental agencies, and key employer groups including the State of Vermont, the Vermont League of Cities and Towns Healthcare Trust, and the Vermont School Boards Insurance Trust.
Spearheaded the design and introduction of new benefit products and provider networks, helped to establish the Plans overall physician and provider reimbursement strategies, and negotiated the most critical provider agreements. Served as the key executive in spearheading the creation of the Vermont Health Plan, a new non-profit HMO in collaboration with Vermont and New Hampshires key institutional and physician practices. Led the project from inception through successful implementation and the enterprise has now grown to become the fourth largest health plan in the state of Vermont.
VICE PRESIDENT OF MARKETING & EXTERNAL AFFAIRS
February 1989 to February 1993
Berlin, Vermont
Appointed as an executive of the Plan in the midst of its unsuccessful IT and administrative services separation from Blue Cross Blue Shield of New Hampshire in 1989. Served as one of the Plans primary executives responsible for recapturing and securing the viability of the Company during a period of unprecedented turmoil and instability. Once the Plans survival had been assured, the position took responsibility for all provider contracting and reimbursement formulas, network development, product development, marketing and sales activities, corporate communications, regulatory relations, and legislative initiatives.
Other accomplishments include leading an unprecedented statewide regulatory and legislative initiative that ultimately resulted in the 1991 passage of the first true Community Rating law in the United States. Designed and implemented a product development initiative that incorporated new benefit sets and reimbursement agreements, and a complete overhaul of the companys sales and marketing tactics. Directed negotiations with physician and hospital groups that resulted in risk-sharing agreements that supported the introduction of a new statewide Point of Service product - The Freedom Plan. As a result of these actions, enrollment significantly increased over a two-year period as the Plan grew to become the dominant health insurer in the state.
DIRECTOR OF DEVELOPMENT
March 1987 to February 1989
Chief development officer for Vermonts second largest and most boisterous city. Created and implemented community-wide strategies designed to revitalize this former rail and manufacturing center. Developed and publicly advanced an ambitious and controversial revitalization initiative that ultimately led to over $40 million in new private and public sector investments Successfully advocated, often under adversarial circumstances, the Citys interests in the management of its relations with community groups, local, regional, and state governmental agencies, the press, and private business.
VICE PRESIDENT OF DEVELOPMENT
January 1985 to February 1987
Senior executive for one of New Englands premier real estate and recreational development companies. Position was responsible for the overall development and operations of the companys Salt Ash property, a thousand acre resort in Plymouth, Vermont. Accountable for all aspects of resort operations including marketing, sales, regulatory relations, land use planning and permitting, construction, financing, and day-to-day operational management.
COMMISSIONER OF HOUSING & COMMUNITY AFFAIRS
March 1982 to January 1985
Montpelier, Vermont
Appointed and confirmed by the State Senate as a senior member of Governor Richard Snellings administration. Responsible for the operations of a high profile state Department that had extensive interaction with the public, the legislature, the media, state and federal officials, the business community, and a variety of interest groups. Authored and secured the passage of legislation that established the Vermont Community Development Program. The Commissioner was accountable to the Governor for implementing the new law and for successfully creating the organizational capacity that ultimately delivered more than $20 million in housing and economic development assistance to Vermont municipalities.
Education
B. A. in POLITICAL SCIENCE & HISTORY
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