Former Chief Executive Officer, Managed Health Care Associates
Doug Present has had a long and accomplished career focused on the services sector of the United States health care system. He is currently an investor in, and advisor to, middle and upper market private-equity-backed health care services investments. He serves as Chairman of the Board of Connolly Inc., the nation’s leading payment integrity provider to CMS and other top commercial insurance plans. He is also Chairman of the Board of QoL Meds, Inc. one of the leading providers of on-site pharmacy services to patients with mental health disorders. Lastly, Doug is an investor and Board Member of Theorem Clinical Research, a provider of complex clinical trials for the biopharmaceutical, medical device and diagnostic industries. From November of 2001 through May of 2013, Doug served as the CEO of Managed Health Care Associates, Inc. (MHA). MHA is the largest Group Purchasing Organization in the country focused on alternate site/non-acute settings. During Doug’s tenure, MHA’s purchasing volume with its client base grew from approximately $700 million in contracted sales to approximately $6 billion in contracted sales and MHA’s earnings grew over 20 times. Under Doug’s leadership, MHA evolved beyond the traditional GPO model into a full health care services company that provides its clients with a variety of services including managed care contracting, software, data mining, claims reconciliation and legislative advocacy. In May of 2013, after being owned by a series of Private Equity companies, all of whom made significant returns in their investments, MHA was sold to Roper Industries (NYSE:ROP) for $1 billion in an all cash transaction. Before joining MHA, Doug was Senior Vice President of Medsite, Inc., a pharmaceutical services and e-marketing company, where he ran the Medsite Rewards program, the nation’s leading physician incentive-fulfillment program for the pharmaceutical industry. Medsite was eventually acquired by WebMD in 2006. Earlier in his career, Doug founded a physician-focused, managed care consulting firm as well as a group purchasing organization for private practice physicians. Both companies were subsequently acquired by ProMedCo, a physician management company. After the acquisition, he served as President and COO of ProMedCo’s New York subsidiary. Doug graduated with a BA from Syracuse University in 1986 and with an MBA from The Wharton School at the University of Pennsylvania in 1990. He then spent three years in the New York health care consulting practice of Deloitte & Touche. In addition to his investing activities, Doug has a faculty appointment at the Wharton Business School where he teaches a course on health care services to MBA students. He is also on the Advisory Board of the Whitman School of Business at Syracuse University. Former Board of Director positions include American Radiology Services, one of the nation’s largest providers of radiology services; MDEverywhere, a billing and revenue maximization company servicing private practice physicians; APS Healthcare, a provider of behavioral health services, and Suture Express, a leading specialty distributor to hospitals and other health care providers. Doug is also involved with several charitable organizations. He is President of the Board of Directors of Project Morry, a non-profit, year round youth development organization anchored by a residential summer camp experience, as well as serving on the Board of a non-profit organization dedicated to funding research and education for patients with inflammatory bowel disease. He lives in Summit, NJ with his wife and two children.