PMG Hires Industry Veteran Judi Irving to Become CEO
LOS ANGELES,
Calif., August 27, 2007 -- PMG Partners LLC (“PMG”)
is delighted to announce that Judi Irving has joined the company
as Chief Executive Officer.
Most recently, Ms. Irving served
for five years as President and CEO of HemaCare, a publicly
traded healthcare company based in Los Angeles, where she led
the business through a successful turnaround by refocusing
it on high growth markets and completing a major acquisition.
Prior to HemaCare, Ms. Irving held several
prominent positions in the health insurance and healthcare
industries, including President and CEO of the Oregon and Arizona
health plans for Health Net, one of the country’s premier
managed care organizations. Before moving to Health Net, Ms.
Irving served as Chief Financial Officer (California) and Vice
President of Operations (Western Region) for Prudential Healthcare,
and as Vice President of Finance and Corporate Services at
the Motion Picture and Television Fund Hospital in Southern
California.
“Judi’s background and personality are a perfect
fit for PMG,” said Ken Drazan, Chairman of PMG, Managing
Director of Bertram Capital, and also a former surgeon. “She
is extremely well versed in the healthcare reimbursement climate,
brings extensive experience managing complex back office operations
for several national health plans, and has consistently earned
the respect of healthcare providers. On top of that, she’s
a super person that people love to work with. We are pleased
to have an executive of Judi’s caliber join the PMG team.”
“This is special company with tremendous potential,” said
Ms. Irving. “Very quietly, it has grown to become the
country’s largest provider of revenue cycle services
to ambulatory surgery centers and specialty physicians. We
possess market knowledge and information that no one else has,
and we use these to significantly improve our clients’ profitability.
I am extremely excited to take the helm of PMG at such an exciting
time.”
Ms. Irving replaces PMG founder and longtime CEO,
Dr. Aaron Sones, who will remain actively involved with the
company as a consultant and advisor.
About PMG Partners LLC:
Located in Los Angeles, CA, PMG provides technology-enabled
revenue cycle services, including coding, billing, and collections,
to ambulatory surgery centers and specialty physicians. It
serves more than 400 facilities and physician groups in 20
states.
About Bertram Capital:
Located in Palo Alto, California, Bertram Capital Management
is a private equity investment firm with $350 million in capital
under management. Bertram Capital is committed to providing
meaningful operational and strategic resources to facilitate
rapid growth in revenue and profitability. Bertram Capital’s
mission is to build value for equity holders, employees, customers,
and partners by helping already profitable companies realize
their full potential. www.bertramcapital.com
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