Michael Morgan

Consultant

Mailing Address:
Managing Director
Healthcare Management Partners, LLC
1033 Demonbreun Street, Unit 300
Nashville, TN 37203

  Uncategorized

Michael is a former hospital Chief Executive Officer with more than 30 years of experience in healthcare management. He brings expertise and talent for turning around ailing healthcare providers and optimizing healthy organizations. He has particular expertise in fostering strategic partnerships and physician alignment.

In his 25-year career at the Sisters of Mercy Health System, Michael was responsible for turning around five of the system’s 19 hospitals. He served as President and Chief Executive Officer for several Sisters of Mercy hospitals, including St. John’s Mercy Health Care, which has an excess of $800 million in operating revenues, employs more than 8,000 individuals, and includes the system’s flagship 957-bed teaching hospital. As the CEO, he successfully set new strategies, improved clinical and administrative operations, and changed organizational cultures. His trademark is developing capable management teams that in turn increase service quality, employee and medical staff satisfaction, patient volume, and profitability, and maximize cash flow.

After leaving the Sisters of Mercy system, Michael served as the Chief Restructuring Officer and CEO for a two-hospital, investor-owned system in Texas. In eight months, he led the successful turnaround, emergence from bankruptcy, and recapitalization of the hospitals by a physician-led limited partnership. He led the turnaround of a chain of five nursing homes in Texas, led the turnaround in bankruptcy of a two-campus, acute-care hospital in Mississippi, and served as the CRO for three individual CCRCs under a large CCRC management company bankruptcy.

In 2014, Michael also served as the CRO for a large hospital trust owned and operated by the British National Health Service (NHS) and led the successful financial turnaround of a complex organization with over 3,000 staff members and more than £500 million in annual revenues. This was the first time that the NHS engaged an American firm to conduct a restructuring of one of its hospitals.

Michael is currently managing five critical access hospitals and a therapy company of a large hospital company in Chapter 11 bankruptcy, serving as the Co-Chief Restructuring Officer.

In other recent engagements, Michael worked with senior leadership, board, physicians, and all key stakeholders of a community-owned 2-hospital system in Alabama to develop and implement a 3-year strategic plan. Michael subsequently held the position of interim-CEO position and over a period of several months, “groomed” an internal candidate as the replacement permanent CEO. While he was CEO the hospital returned to profitability and has since maintained its improved performance.

Michael holds a Bachelor of Science in Business Administration from the University of Science and Arts of Oklahoma and a Master of Science in Business Administration from the University of Central Oklahoma. He is a fellow of the American College of Healthcare Executives.