Experienced Strategy and Operations Executive Joins Cloudmed
ATLANTA, GA – Cloudmed, a first-of-its-kind enterprise platform provider of Revenue Intelligence™ solutions for hospitals, has announced the addition of Ray Thaler as Executive Vice President of Strategy. Ray joins Cloudmed with two decades of experience leading strategy and operations with a focus on technology-enabled organizations.
Prior to joining Cloudmed, Ray was a General Manager at technology startup Opendoor, and served as Vice President of Strategy at Cotiviti, a leader in healthcare payments. During his tenure, Ray drove adoption of new technology and led M&A expansion into value-based solutions. Prior to Cotiviti, Ray was a Consultant Team Lead with Bain & Company, where he focused on supporting Private Equity-backed acquisitions and integration. Ray began his career as an F-22 pilot in the U.S. Air Force, where he held leadership positions in the U.S. and abroad.
“Ray has demonstrated impressive strategic leadership throughout his career and shares our focus and commitment to our clients,” said Lee Rivas, Chief Executive Officer of Cloudmed. “Ray’s strategic thinking and innovation is a tremendous asset to our company, and we look forward to having him as part of our team.”
“I’m proud to join the incredible team at Cloudmed. Cloudmed’s mission, to help healthcare communities get paid for the services they provide, is more important now than ever before,” said Ray. “I look forward to delivering value for our clients and to building the future of Revenue Intelligence at Cloudmed.”
As EVP of Strategy, Ray will lead integration of the recently announced Revint/Triage merger, which will transform the landscape of Revenue Intelligence. Additionally, Ray will drive development of Cloudmed’s corporate strategy and M&A opportunities with a focus on delivering continued growth.
Cloudmed is a first-of-its-kind, single-source enterprise platform provider of Revenue Intelligence™ solutions for hospitals. Cloudmed’s approach of combining human expertise with advanced technology utilizing machine learning algorithms provides a smarter, more predictive way for clients to realize all potential revenue. Today, Cloudmed partners with over 3,100 healthcare providers in the United States and recovers over $1.2 billion of underpaid or unidentified revenue for its clients annually. Cloudmed (Triage solution) is the 2020 Revenue Integrity and Underpayment Services KLAS® Category Leader and its solution suites have HFMA Peer Review status and are HITRUST certified. Cloudmed will establish its headquarters in Atlanta at the beginning of 2021. For more information, visit www.cloudmed.com.