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Kerry A. McDonald will be the new CEO

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l2 hunter Member Level  Friday, 05/22/20 03:13:40 PM
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Kerry A. McDonald will be the new CEO of both VGTeL Inc. (OTC PINK:VGTL) and Strategic Healthcare Alliances, LLC. His impressive resume includes: more than 30 years' healthcare experience at the executive management level including: CEO Magellan Complete Care of Florida, where he planned and executed a financial and operational turnaround, improving from a $47.5 million loss in 2015 to a $45.8 million profit in 2016, just 13 months, becoming profitable in 6 months, he was the start-up CEO of a Medicare Advantage plan, (Liberty Health Advantage); VP of Regional Operations for a managed Medicaid payer in NY and NJ (Americhoice); and the COO of a TennCare PHO, a cost of care management company paid a high percentage of total premium per member (THP). He has extensive experience managing health plan operations including financial services and information support systems. During his career, Kerry led the implementation of a new Amsys claims system and was a leader in the turnaround of an 85k member book-of- business, going from a $30 million loss to a $2.5 million profit, after a 90-day implementation period. Additionally, he conceptualized/implemented a complex rate analysis for UnitedHealth Group that enabled the network management team to re-contract with more than 20k providers which resulted in an annual savings of more than $11M for their New York managed Medicaid plans. Kerry has led the IT implementation of many software system projects unique to health plans, by building teams of people to accomplish these tasks while achieving significant financial results in extremely short time frames.

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