CEO Today Business Women of the Year Awards
61 www.ceotodaymagazine.com CEO Today Business Women of the Year Awards 2018 USA SHEILA SCHWEITZER CEO of Blue Ox Healthcare Partners, LLC ABOUT SHEILA SCHWEITZER Ms. Schweitzer holds the positions of investor and board member and until December 2017 was the CEO PatientMatters, LLC. Century Capital and Ms. Schweitzer formed PatientMatters in 2012. PatientMatters is a purpose built Healthcare Receivable company designed to enhance the patient’s experience while improving patient receivable performance for providers. Ms. Schweitzer has focused on the revenue cycle management industry for the past 30+ years. In such capacity, Ms. Schweitzer has held numerous founder and executive/industry association leadership roles. Ms. Schweitzer joined Caremedic in March of 2003 as COO and was appointed Chairman of the Board and CEO in September 2003. Under her leadership Caremedic achieved a lead position in the HCIT revenue cycle market. During her tenure revenue and EBITDA grew by 650 percent and Caremedic successfully brought to market the first enterprise class revenue management system, the Electronic Financial Record (eFR). Ms. Schweitzer sold Caremedic to Optum in December 2009. Prior to joining CareMedic, Ms. Schweitzer was recruited to MedUnite Inc, a consortium of seven health plans -- which was formed to develop a network that connects physicians with payers for the electronic exchange of health data. Ms. Schweitzer served in a consulting capacity to MedUnite in an initiative to position the Company for a sale. During her consulting tenure, Ms. Schweitzer served as Executive Vice President and Chief Operating Officer as well as a member of the firm’s Executive Committee. Following her successful effort to rationalize overhead and functionalize MedUnite’s web product offering, Ms Schweitzer managed a multi-bid auction process, which led to the Company’s sale to ProxyMed, Inc. in December 2002. Prior to MedUnite, Ms. Schweitzer served as CE0 of Presideo, Inc., which developed and marketed a biometric security technology for HCIT systems. Presideo was later sold to Smart Biometrics, Inc Prior to Presideo, Ms. Schweitzer served as Sr VP of Operations with ENVOY Corporation (now Emdeon), the nation’s largest healthcare transactions company. Ms. Schweitzer oversaw the management of 1,600 employees and acted in a direct reporting relationship to the Co- CEO’s while serving on the firm’s Executive Committee. During her six- year tenure, Ms. Schweitzer led the healthcare transaction processing operations of ENVOY to over $280 million in revenues, representing over 30 million transactions processed per month. Further, Ms. Schweitzer managed the due diligence, negotiation and operational integration of 18 acquisitions and oversaw the sale of ENVOY’s credit card processing division to First Data Corporation. Ms Schweitzer, in 2017 along with three partners founded Blue Ox Healthcare Partners. Blue Ox is a private equity firm focused on healthcare. The firm seeks to invest in commercial growth stage healthcare companies in the middle market. In addition to her executive positions, Ms. Schweitzer served on the Advisory Board of NDCHealth and as a consultant to Wellpoint Health Networks, Inc. , Aetna Insurance, the National Blue Cross Blue Shield Association, among others. Further, Ms. Schweitzer has testified before the US Congress on the standardization of electronic healthcare claims transactions and before the Ministers of Health of the European Union on the topic of electronic transaction processing. Ms. Schweitzer has been a member of various industry organizations including HIMSS Medical Banking Project – the financial sector of HIMSS representing vendors of HCIT, the American National Standards Institute (ANSI X12.N) – the governing body for HIPAA legislation, the Workgroup for Electronic Data Interchange (WEDI) – an EDI-focused organization of private sector healthcare providers and payers created per the direction of the Secretary of the Dept of Health and Human Services, and the National Council for Paid Drug Programs (NCPDP). Ms. Schweitzer served as a Founding Member of WEDI, AFEHCT, and the Electronic Healthcare National Accreditation Committee (EHNAC). Her industry association leadership positions included Chairman of AFEHCT (for 2005), member of the WEDI Foundation Board (2001 and 2002). Ms. Schweitzer was awarded Person of the Year by HIMSS Medical Banking Project in 2008 and was also nominated as Entrepreneur of the Year in Louisville, Kentucky in 1993 and was a founder and author of a whitepaper for EDI-USA. Ms. Schweitzer currently holds board seats at First Choice Orthopedics and EMMG. Ms. Schweitzer was an investor and board member of Phasient a web based training company. Ms. Schweitzer held a board position with Recondo Inc. a leading healthcare technology company. Ms. Schweitzer holds a B.S degree in Chemistry from Western Kentucky University. Email: sheila@blueox.com | Tel: 727 251 8994
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