Paul Faraclas
Sr Director, Financial Applications at Connecticut Children's
Based in Branford, United States
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Seniority
Director
Department
Finance & Accounting
Location
Branford
Industry
Hospitals and Health Care
Company size
2.6K
Contact information
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p•••••••@connecticutchildrens.org
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Background
About Paul Faraclas
I have 35 years of deep expertise in Healthcare, Technology and Analytics. Working with over Hospitals, ASCs, and Physician Practices, I have led numerous financial, operational, clinical and experiential improvement initiatives. I am passionate in leveraging technology to accelerate (1) the assessment of Performance;(2) the diagnosis of Opportunities; and (3) identifying corresponding ways to Improve. This is evidenced by a track record of realizing over $50M in verifiable savings for my consulting clients, as well as >$150M for employers. In everything I do, I commit to providing excellence, integrity, respect, a great attitude and no excuses. You may reach me directly at 203-494-0299 (Eastern) or paulfaraclas@yahoo.com LEADERSHIP EXPERIENCE 30 years in Healthcare, Technology, Consulting and Sales. Drove 5-10X growth in revenue, EBIT and staff. Managed 1-25M project budgets. Owned P&L, Sales, Marketing, Finance and Product. National leadership in benchmarking, analytics and value-based performance. 10+ years as CEO, CCO and CSO. HEALTHCARE EXPERTISE Payer and Provider operations. Improvement initiatives at single locations or across an IDN. Strategic planning for growth and cost reduction. Enterprise technology selection and implementation. Patient experience and Value-based reimbursement. Population health. Risk management. Process redesign. Claims Processing. ANALYTICS Captured over 4B data and attribution points using Surveying and Benchmarking solutions. Provided data, analytics and benchmarks to over 1,500 health systems and providers. Created Industry and specialty benchmarks for over 10M surgeries. INNOVATION (Developed:) • Several SaaS-based Analytic solutions; • Electronic surveying for all healthcare markets; • Proprietary improvement toolkits; • ‘Discovery-driven’ blueprint methodology; • 2 National Association Benchmarking solutions; • Care Coordination prototypes; • CAHPS and Value-based reimbursement programs. MBA, Healthcare Management - Valedictorian - UNH
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