Ramanathan Raju's background in cost-cutting is expected to come in handy as he assumes his new title as CEO of Illinois' Cook County Health and Hospitals, a system that faces a deficit of more than $90 million, according to a New York Times report.
Mr. Raju was previously COO for New York City's public health and hospital system, where he helped launch a plan to close a $1.2 billion deficit in four years. His former colleagues pointed to his background in trauma surgery as a factor in his success, since he knows what it's like to practice in public hospitals. Others have attributed Mr. Raju's strong leadership to "his deft charm and cogent, reasoned arguments" while still being forceful and direct.
Mr. Raju said he intends to tackle a large backlog of Medicaid reimbursements and repair the system's inadequate billing system, according to the report. At New York's system, he helped increase revenue by $300 million largely by ensuring timely payments, according to the report.
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Mr. Raju was previously COO for New York City's public health and hospital system, where he helped launch a plan to close a $1.2 billion deficit in four years. His former colleagues pointed to his background in trauma surgery as a factor in his success, since he knows what it's like to practice in public hospitals. Others have attributed Mr. Raju's strong leadership to "his deft charm and cogent, reasoned arguments" while still being forceful and direct.
Mr. Raju said he intends to tackle a large backlog of Medicaid reimbursements and repair the system's inadequate billing system, according to the report. At New York's system, he helped increase revenue by $300 million largely by ensuring timely payments, according to the report.
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