Author Archives: Jack Fitzpatrick

About Jack Fitzpatrick

Jack Fitzpatrick is a senior financial executive with 20 years of experience in a broad range of finance, accounting, strategic planning, human resources, information systems, and other administrative areas. With 15 years of experience with emerging growth companies in a variety of industries, he successfully addressed the management challenges of rapid growth. Jack has a proven track record in the financing activities of startup and rapid-growth companies including IPO's, venture capital financing, licensing agreements, and mergers and acquisitions. Most recently as Chief Financial Officer and Vice President of Finance and Administration with Discovery Partners (Nasdaq: DPII), he raised $29 million in private equity funding, completed five acquisitions valued at $60 million, and completed a $103 million IPO. Prior to Discovery Partners, Jack worked with companies such as Broadband Innovations, Inc., Diatok, LP, and Pacific Data Products where he was responsible for developing the financial infrastructure and fund raising. Jack earned a B.A. of Applied Mathematics and a MS in Computer Science at Harvard University where he also received his MBA in Finance.
  • Value-Based-Purchasing Program Offers Biggest Bang for the Buck

    1/18/2012 | Jack Fitzpatrick

    With so many CMS reimbursement dollars at risk based on various hospital performance metrics, it’s hard to know where to focus first.  Clearly all of the quality measures address important aspects of healthcare.  But given the already full plates that hospitals currently have on their tables, some form of prioritization is a necessity.

    One straightforward way to prioritize efforts is with the classical “biggest bang for the buck” approach.  How do the various initiatives rank in terms of potential financial impact on the organization? Continue reading