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About Us / John Palumbo
John Palumbo, a graduate of Widener University, has been in the healthcare technology field since 1986. As President of MD Aligne, LLC, John is putting all of his experience and know-how to work as he helps guide the company to the forefront of cutting- edge healthcare solutions.
John’s service in the healthcare industry started when he became a founding member of Healthworks Alliance, LLC, a pioneer in Health Information Networks (CHINS). Healthworks developed point-of-care technology and reengineering services so physicians could process patients through the healthcare delivery system. John spent eight years with this business, building it into a successful, multimillion-dollar operation and gaining valuable business solution skills.
In 1994, he took on the role of Executive Vice President & COO of All Scripts. This healthcare informatics company provided electronic health records, medication management software, and related technology services. His work there garnered the attention of Siemens Medical Solutions, the worldwide leader in health information solutions, who recruited him to lead their National Health Services division. After delivering incredible results, John spent the next six years climbing the ranks of the company, ultimately serving as National Vice President of Managed Services. In this role, hemanaged a sales budget of $450 million and team of over 1400 employees.
In 1999, while working for Siemens, John was asked to join the board of I-trax, a company providing population health and productivity solutions for self-insured employers, health systems, payers, and federal programs. He joined their executive management team as President in 2002, and helped develop the company from an R&D venture to a powerhouse with sales of over $130 million.
From 2004 until 2010, John acted as the Senior Vice President, Health Systems Business Unit, at AmerisourceBergen Corporation, one of the world’s largest providers of pharmaceutical distribution services, related technology, and consulting services. During his tenure, John led the HS unit through a business transformation; grew the unit’s sales from $19 billion to $38 billion in sales with a 17% Gross Profit CAGR; increased the unit’s market share from 29% to 42% while expanding margin contribution; and led the technology and consulting companies in two years from a $22million loss to a $10million EBIT contribution.
In October 2010, John joined the Healthcare Advisory Board of Bryant Park Capital. He is responsible for assisting in the development of the Merchant Banking practice, targeting Healthcare companies looking for growth strategies and operations improvement. He is also a former professional tennis player and instructor.