Press Release : Management Health Solutions Names Todd Plesko as CEO
Stratford, CT – May 22, 2018 – Management Health Solutions, Inc. (MHS) announced today that Todd J. Plesko has been appointed Chief Executive Officer of the firm. His extensive experience leading healthcare information technology companies will help MHS drive the next phase of growth in its technology and services businesses, particularly its Case Cost 360™ and related analytics solution designed to maximize surgical profitability. Interim CEO Brian Campbell will remain with the firm as President and Chief Operating Officer.
Plesko joins the company directly from Vocera Communications (NYSE: VCRA), where he was Vice President of Product Strategy, guiding all aspects of product management, development, and direction for Vocera’s industry-leading clinical communication platform. He came to Vocera as a result of the acquisition of Extension Healthcare, a firm Plesko founded and led as Chairman and CEO. Extension provided over 270 customers with a robust clinical integration solution featuring a sophisticated rules engine that combines and analyzes data from multiple sources, prioritizes critical notifications with patient context, and delivers messages to caregivers’ mobile devices via text, phone, or email.
Extension Healthcare itself was spun out of triPRACTIX, where Plesko was also Founder and CEO. Under his leadership, that firm grew to become one of the nation’s largest GE Centricity™ resellers.
“We are pleased to have an entrepreneur and leader of Todd’s caliber join the team at this juncture,” said Brian Campbell. “With the investments over the past year to develop, launch, and promote our advanced Case Cost 360 solution, this is the ideal time to leverage Todd’s successful experience ramping up growth of healthcare technology businesses.”
Todd Plesko added, “Management Health Solutions has a deep history of success in the industry and is poised for growth with over 200 hospitals using the AtPAR technology platform and over 500 utilizing our highly-regarded inventory services. It is an exciting time as hospitals and systems are clearly looking to control and reduce operating expenses, especially in the operating room. MHS reduces these expenses, delivers a hard ROI, and offers a comprehensive software and services platform to ensure ongoing operational efficiency. I’m looking forward to building on our momentum to drive expansion and deliver new levels of value for our customers across our growing portfolio.”
Plesko holds a B.A. from Central Michigan University and a M.B.A. from Indiana Institute of Technology.
About Management Health Solutions
Management Health Solutions is a technology and services company offering solutions that give customers a unique Clinical Operations Decision Support system. Through capture and analysis of comprehensive procedural utilization data, healthcare providers gain insight they need to reduce spend and drive efficiency in clinical operations. The company builds its solutions by combining advanced technology with a modular suite of on-the-ground outsourced and advisory services in procedure cost management, master data management, and inventory valuation.
Cost Case 360™ is the company’s flagship analytics product generating sophisticated procedural cost understanding. MHS’ multi-platform mobile utilization capture technology is deployed in hundreds of hospitals and integrated delivery systems from the warehouse floor to the operating room. As the premier provider of med/surg and pharmacy inventory valuation services, MHS provides accurate and auditable results for over 500 healthcare organizations annually.