CHATTANOOGA, Tenn. & DALLAS–(BUSINESS WIRE)–TractManager, Inc., the healthcare industry’s largest supplier of strategic sourcing and contract lifecycle management (CLM) solutions, has announced the recent appointment of two new executives: Graham Barnes, General Manager of the MediTract division, and Rick Solano, Chief Operating Officer of the Newport Credentialing division.
“The addition of these accomplished executives to our management team puts us in an even stronger position to bring real transformation to healthcare,” said Trace Devanny, CEO of TractManager. “Their expertise in healthcare, technology, and client services will further advance our suite of contract management and physician credentialing solutions, as we enable healthcare organizations to focus on what they do best: care for patients.”
Graham Barnes, FACHE, has nearly 30 years of C-level experience transforming organizations in the healthcare technology and communications industries, and more than 10 years as CEO of leading healthcare IT companies including Concerro and Healthwyse. In addition to accelerating the growth of healthcare and information technology companies, Graham’s expertise includes product and strategy development. Most recently, he served as Industry Executive Partner with Inverness Graham Investments, a private investment firm that acquires high-growth, innovative manufacturing, technology, and services companies.
Barnes holds a BS degree in Electrical Engineering from Imperial College, University of London, in the U.K., and an MBA degree from Santa Clara University.
Jake Sorg, TractManager’s Chief Operating Officer and formerly acting General Manager of MediTract, welcomed the addition of Barnes to the company. “I can’t think of a more capable person than Graham to take the reins of our industry-leading CLM solution,” he said. “Graham will further advance our contracting, credentialing, and professional services offerings to meet the most pressing needs of the healthcare market.”
Rick Solano brings nearly 25 years of experience in healthcare IT to the Newport Credentialing division of TractManager. Rick’s expertise includes increasing operational efficiency, quality, and capacity as well as developing new revenue models and growth strategies. Most recently he served for five years as president and founder of Turning Point Business Advisors, where he provided business management consulting services across a variety of industries, including healthcare IT.
Jake Sorg noted, “Rick’s experienced leadership in both domestic and international healthcare technology businesses will be put to good use as we expand our credentialing and CVO solutions across the provider and payer markets.”
Previously Rick was president and CEO of the Institute for Health Metrics and of Mirixa, a pharmacy-based patient care network. Rick also served in executive positions in product marketing and operations at leading healthcare IT companies, including WebMD and QuadraMed.
He received his BA degree in Geography from University of California, Santa Barbara, and his MBA from California Lutheran University.
TractManager’s healthcare-specific application suite serves three out of five U.S. hospitals. Serving the healthcare industry with integrity for more than 30 years, TractManager is the first-mover in strategic sourcing and enterprise contract lifecycle management. Our advisory services wrap around each solution component, optimizing purchasing and service category management, while supporting best-practice, compliant contracting processes. The company’s strategic sourcing division, MD Buyline, includes Hayes, the industry leader in providing clinically focused, evidence-based research and analysis to health plans, insurers, hospitals, healthcare systems, ACOs, and government agencies, and MedApproved, a new product approval workflow solution. The MediTract division supports hospitals and healthcare facilities with an enterprise contract lifecycle solution, and includes Newport Credentialing Solutions, the nation’s premier provider of cloud-based workflow and analytics software, and cloud-enabled services dedicated to the credentialing lifecycle. Together, we are dedicated to helping our clients reduce their capital and non-labor costs, and conform their contract, policy, and procedure management to meet regulatory requirements.
Sandra L. Taylor, Ph.D.
Chief Marketing Officer