Healthcare >> CEO Interviews >> August 24, 1998

Michael Hernandez – Managed Care Solutions Inc (mcsx)

MICHAEL HERNANDEZ is Chairman and CEO of Managed Care Solutions, Inc. He has over twenty years of experience in investment and merchant banking, advising on numerous acquisitions, mergers, and corporate reorganizations. He has been responsible for completing over $20 billion in financing. Mr. Hernandez formed the first health care investment-banking group at a major Wall Street firm in 1973. He also founded The Cova Corporation, a merchant bank, which has developed several health care companies. Mr. Hernandez has served, or is serving, on the following boards: Charter Medical Corporation (Chairman); The First Boston Corporation (Management Committee); Harvard Community Health Plan, Inc. (Chairman); AMI P.I.C. (Chairman); Securities Industry Association (Executive Committee); PathoGenesis Corporation; and International Diagnostic Corporation (Chairman). He also serves as a member of the board of visitors for Duke University, and is a former trustee of The Hospital Research and Educational Trust. Prior to beginning his investment-banking career, Mr. Hernandez was a management consultant specializing in corporate strategy at Booz, Allen & Hamilton, Inc. Profile
TWST: Give us a background sketch, a brief summary of Managed Care

Solutions. What are the challenges and the opportunities that you see

with Managed Care Solutions over the next two to three