Summary
Overview
Accomplishments
Work History
Education
Skills
Certification
Additional Information
Timeline
Hobbies
Generic
Jason Studsrud

Jason Studsrud

Minneapolis,MN

Summary

Global healthcare executive with 31 Plus years driving innovative delivery outcomes for mid-size and enterprise-wide provider organizations, hospital/health systems, and RCM solution providers across the U.S, South America, and Middle East. Healthcare thought leader and serial entrepreneur passionate about deploying transformative technologies that drive digital disruption, fuel equity and access, and improve patient outcomes. Notable HIT and SaaS industry impact in operations, R&D, IP/new product, business development, channel partners/3rd party relationships, operational efficiency/cost reduction initiatives, implementation advisory, measurement, compliance, business culture, and change management. Deep expertise in Radiology, Women's Health, and emerging Tech/Ai/Data Science/Machine Learning trends for healthcare

Overview

31
31
years of professional experience
24
24

Years of health IT, digital, and cloud experience

7
7

Years of provider operational services experience

9
9

Years of product and digital development experience

Accomplishments

  • Entrepreneur/founder of three startups & exits via sale, merger, or divesture.
  • Acquired four domestic companies including IT software business in Florianopolis, Brazil
  • Developed largest healthcare App (X-HIS) on Microsoft dynamics/power platform/teams serving over 175 hospitals and outpatient clinics. Selected by Microsoft (one of six) to showcase X-HIS in MTC center in Chicago
  • Created key revenue generating partnerships with $5M Plus each in ARR within twelve months for key partners including CPSI/Healthland, Microsoft, and AthenaHealth
  • Managed financial operations support for over 31 hospitals and 300 clinics
  • Team lead for five M&A hospital sector transactions
  • Thought leader and speaker for HIMSS, MGMA, MD&M, Health IT Investment Forum, and IHS

Work History

Healthcare Executive, C-Suite, Advisor, Consultant

Miscellaneous Clients
09.2021 - Current

Strategy | M&A | Digital Transformation | Product Management:

  • Advise/assist CEO's on key business initiatives including financial/business plans / investment pitch decks, RCM add-on acquisition, onshore/offshore staff models/skill matrix, new product offerings (sales growth of zero to 12 new contracts/month), and product management strategies leveraging latest Ai based approaches including Open Ai, Bard Ai, and Chatsonic

Founder and Chief Executive Officer

7 Medical Systems
08.2005 - 09.2021
  • Built health IT cloud start-up to $10M+ revenues ($8M ARR) & 75 employees without equity investment

Developed product portfolio including:

  • Cloud services (On-Premise; Cloud; Hybrid Model)
  • First SaaS diagnostic imaging solution (RIS & PACS)
  • Developed 13,000 custom healthcare IP components (X-HIS) on Microsoft (D365, M365, Azure)
  • Co-development of “SaaS diagnostic imaging viewer as a Service” with Asia partner and two strategic clients for post-acute and CRO applications
  • Scaled 4.5M daily structured transactions into Microsoft D365 for population health and radiology

Established key partnerships including:

  • Microsoft – Established ISV, CSP, SPLA, and MTC showcase partnerships driving $6.5M in ARR
  • Healthland (Acquired by CPSI) - 35+ Hospitals-Grew B2B partnership to $5.4M ARR
  • Athenahealth MDP Partnership- Startup to seventeen hospitals in first 12 months generating $7.0M in ARR

Acquired four health IT organizations (USA and Brazil):

  • ASP Hosting (2005), Clinical Software(2010), RCM Business (2012), RCM Business (2014)

Divested two business units (2021)

Senior Vice President

Lightedge Solutions
08.2004 - 08.2005
  • Integrated Focal Solutions ASP offerings (APP on Wire) increasing RPU on average by four times for existing Lightedge customers
  • Collaborated closely with sales team (21) on education and ramp for new ASP service offerings
  • Developed key partnership agreements with Microsoft and other hardware ISVs in five market territory of LightEdge for ASP hosting services

Co-founder and Chief Operating Officer

Focal Solutions
05.2001 - 04.2004
  • IT hosting ASP startup from inception to $5M in ARR
  • Led service and support operations for 25 employees & 75 customers leveraging Microsoft Business
  • Developed partnership with Microsoft becoming one of five ASP's in US for Great Plains and other ERP related ASP hosted offerings
  • Sold and merged with Lightedge Solutions

Senior Manager, Consultant, Director of Operations

Previous Employers
09.1992 - 05.2001
  • RSM McGladrey - Responsible for southwest division overseeing 50 employees, 135 SMB clients, and channel partners
  • Lawson Software (Infor) - Performed nationwide healthcare financial software consulting for Fortune 1000 companies including Mayo, Rush Prudential, Sun Healthcare Group, Sutter Health, and Baylor Healthcare
  • Champion Healthcare - Managed financial operations for 31 hospitals and 300 clinics overseeing $1Billion in annual net revenue

Education

Bachelor of Science - Healthcare Financial Management

Concordia College
Moorhead, MN
1993

Bachelor of Science - Business Administration, Finance

Moorhead State University
1992

Skills

  • Strategy and digital transformation
  • Merger and acquisitions
  • Operations and Cloud delivery
  • Revenue cycle management
  • Partnerships and Business development
  • Product development
  • System integrations
  • Business analytics

Certification

Company: Tekne Award, Business Journal Fast 50, Inc. 500 | 5000, HIMSS Venture Finalist

Personal: HIPAA, CPDHTS, Microsoft Dynamics

Additional Information

  • 3C Care Systems
  • Real Time Diagnostics
  • Solterra Senior Living
  • Great Lakes Medical Supply

Timeline

Healthcare Executive, C-Suite, Advisor, Consultant

Miscellaneous Clients
09.2021 - Current

Founder and Chief Executive Officer

7 Medical Systems
08.2005 - 09.2021

Senior Vice President

Lightedge Solutions
08.2004 - 08.2005

Co-founder and Chief Operating Officer

Focal Solutions
05.2001 - 04.2004

Senior Manager, Consultant, Director of Operations

Previous Employers
09.1992 - 05.2001

Bachelor of Science - Healthcare Financial Management

Concordia College

Bachelor of Science - Business Administration, Finance

Moorhead State University

Hobbies

Hiking, Fly fishing, Golf, Pheasant hunting

Jason Studsrud