Charles Over Thirty Years

CHARLES over thirty years of information technology experience to PHNS.
Beginning in the sixties when he worked for NASA as a programmer, his
colorful career reflects the dizzying pace of the high-tech revolution.
From aerospace, he moved to banking where he played an important role in
the development and marketing of Electronic Funds Transfer (EFT)
software. As a partner with Information Processing Corp. (IPC), whose
division Docutel invented the ATM, Young pioneered a new application
that revolutionized the banking industry because it created new
efficiencies through the consolidation of operations. Young was one of
the first to recognize that “outsourcing” could extend state-of-the art
technology, talent and resources to any company in any industry like
accounting firms, utilities, and department stores. In the eighties, he
and his partners sold IPC to Mtech, the largest bank processor in the
world. In the nineties, Young replicated his outsourcing success by co-
founding Affiliated Computer Services (ACS), which owned the
“MoneyMaker” brand ATM division. After ACS went public in 1996, Chick
began looking for the next frontier in outsourcing information
technology. He discovered health care, an industry burdened by vast
amounts of critically important record keeping. Young recognized that
the processes he pioneered in banking would bring extraordinary new
efficiencies and gains to an industry hindered by budget constraints and
reimbursement cutbacks. Young founded PHNS in 1999 with the goal of
partnering with large health care systems to reduce the cost of managing
records while improving accuracy and accessibility to financial,
operational, and patient records. In an increasingly penurious
regulatory and managed care environment, his highly sophisticated
outsourcing capabilities are a quick and easy way for hospitals to save
millions on bottom line operational costs in the very first year. Chick
and his wife reside in Plano, Texas. Their three children are married or
in college. He is Chairman of the Board of Trustees at Jesuit College
Preparatory School and is a member of the board of the Jesuit School
Foundation. For relaxation, Chick is an avid hunter and fisherman. He
holds an information technology degree from Delgado College of New
Orleans.