Formativ Health Expands Leadership Team with Announcement of Michael Lovett as Chief Commercial Officer

Ambulatory Management Services Company Adds Experienced Executive to Lead Sales, Business Development and Client Relations


New York, NY, May 09, 2017 (GLOBE NEWSWIRE) -- Formativ Health, a management services organization, today announced that Michael Lovett has been named as Chief Commercial Officer (CCO), responsible for all sales, business development, and client relations across the organization.

As CCO, Michael will drive growth by partnering with providers and health systems to successfully improve the patient experience and engagement, physician satisfaction and productivity, financial health, and the ability to adapt to evolving risk & quality-based payment models with tailored solutions. Michael’s industry insight will benefit clients by ensuring they receive comprehensive solutions for their unique challenges. He will also play a key role with existing customers to ensure they are well served through a close working relationship with the operational leaders of Formativ.

“It is exciting to join Formativ Health at such an important time in its evolution,” said Michael Lovett, Chief Commercial Officer. “I look forward to working with such a dedicated and passionate team committed to delivering practice management, patient access, and revenue cycle services designed to maximize business potential while allowing physicians to remain focused on patient care,” Michael added.

“Michael has been a leader and integral part of building and growing many successful organizations at some of the most respected companies in the healthcare services industry. I've said before that I believe there is a significant market opportunity ahead of Formativ and Michael brings the right talent and leadership to ensure Formativ’s success in this competitive space,” said Dennis Dowling, Chief Executive Officer. Dennis added “This expansion of our leadership team is another proof point of Formativ’s commitment to building meaningful relationships, earning client loyalty and delivering unique solutions that significantly improve the patient and physician experience.”

Michael joins Formativ from NextGen Healthcare where he served as the Executive Vice President and General Manager of the ambulatory division. In this role, he was responsible for all day-to-day operations, policies, procedures, and solutions to improve performance for clients, sales and business development efforts, and serving on the organization’s Executive Committee. Michael has over 25 years of experience in healthcare IT, sales, and operations, having held leadership positions in Sage Software Healthcare, Web MD Practice Services, The Medical Manager Corporation, and Lee Data Systems throughout his career.

About Formativ
Formativ Health creates tailored solutions for physicians that redefine the revenue cycle and practice management so that our clients can focus on what matters most — providing the best patient care. Descended from the best-in-class management services organization created at Northwell Health, Formativ provides tailored solutions for our clients’ physician revenue cycle management, patient access, physician practice management and advisory service needs. Our comprehensive technology-enabled approach, which serves some 3,400 customer locations in more than 40 states via 11 service centers, integrates with any environment, including existing electronic medical record or practice management systems. Visit Formativhealth.com for more information.


            

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