User:16912 Rhiannon/Quint Studer career
Career
[edit]Early career
[edit]Following his graduation from college in 1973,[1] Studer spent ten years as a special education teacher in the public school systems in Wisconsin and Illinois.[2][3] After attending counseling for alcoholism, Studer began to work with teens with drug and alcohol problems, which led to his entry into the healthcare field in 1984.[4][5] In 1987, he became director of marketing for Mercy Hospital in Janesville, Wisconsin.[3] He later served for three years as senior vice president of business development for the hospital.[6]
In 1993, Studer became the COO of Holy Cross Hospital in Chicago, Illinois, which was facing severe financial challenges. Holy Cross CEO Mark Clement assigned Studer the task of improving patient satisfaction. Studer used management techniques focused on raising patient satisfaction through improvements to conditions for employees. The hospital's patient satisfaction rose from 3 to 73 percent in six months and improved financial results. Hospitals & Health Networks & American Hospital Association named Holy Cross "Great Comeback of the Year".[6][7]
Hospital executives from around the country began coming to Holy Cross to assess their performance and hear Studer speak about the progress made at the hospital. One of the organizations that came to Holy Cross to hear Studer speak was a team from Baptist Hospital in Pensacola, Florida.[6] In 1996, Baptist hired Studer as its administrator and within a year he was named president of the hospital, where he worked to turn around the hospital's finances and improve patient and employee satisfaction.[8] During his time at Baptist, employee turnover rate dropped by 18 percent and patient satisfaction at the hospital rose to the 99th percentile among all hospitals in the US.[9] The results at Baptist led to several awards for the hospital and Inc. Magazine named Studer a "Master of Business". Studer also began taking on more speaking engagements.[6]
Studer Group
[edit]Studer formed Studer Group, L.L.C., a private health care consulting group in Gulf Breeze, Florida, in 1999.[4][2] The group's aim was to improve operational performance in hospitals and health care systems through patient outcome, satisfaction, and safety in hospitals.[10][3] In 2000, he left Baptist Hospital to focus on his new company.[8][5]
One of Studer Group's early clients was Tenet Healthcare. Studer developed Tenet's "Target 100" program, which sought 100 percent patient satisfaction. The endeavor was announced a success within two years and Studer told Fast Company the work brought Tenet's quarterly Wall Street earnings to an all-time high. However, Melissa Davis of TheStreet.com reported that aggressive Medicare billing that was possibly illegal and unethical fueled much of the growth. She also noted that some Tenet nurses were unhappy with Studer’s training.[11]
Under Studer, the Studer Group became well-known and had approximately 750 clients by 2014.[12] Studer also began speaking to groups outside of healthcare, including small businesses, school districts, and churches.[10][4][6]
In 2011, Studer sold 70 percent of the company to JMI Equity.[12] Chicago-based Huron Consulting Group acquired the Studer Group for $325 million in January 2015.[13]
Books
[edit]As of 2014, Studer has authored six books starting with Hardwiring Excellence: Purpose, Worthwhile Work, Making a Difference.[5][2]
References
[edit]- ^ "Alumnus Quint Studer Honors Former Professor Florence Kopas" (Press release). University of Wisconsin-Whitewater. March 23, 2007. Retrieved 19 May 2015.
- ^ a b c "Quint Studer: Executive Profile". bloomberg.com. Bloomberg Business. Retrieved 20 April 2015.
- ^ a b c James Leute (October 28, 2007). "Former Mercy exec hopes to deliver results". Gazettextra. Retrieved 22 May 2015.
- ^ a b c Troy Moon (February 2, 2009). "Quint Studer: Businessmen, activist, philanthropist, songwriter". Pensacola News Journal. Retrieved 17 April 2015.
- ^ a b c "Ad Age, Modern Healthcare Name Visionary IMPACT Award Winner". Advertising Age. August 19, 2014. Retrieved 17 April 2015.
- ^ a b c d e Rick Outzen (July 7, 2005). "The Story of a Fire Starter". The Independent News. Retrieved 17 April 2015.
- ^ Dennis Pillion (March 30, 2014). "Reds rainout still a win for Pensacola and its baseball architect Quint Studer". AL.com. Retrieved 17 April 2015.
- ^ a b Edwin Leonard (2012). Supervision: Concepts and Practices of Management. Boston: Cengage Learning. pp. 351–353. ISBN 978-1111969790. Retrieved 22 May 2015.
- ^ Adrian Gostick and Chester Elton (2006). The Invisible Employee: Realizing the Hidden Potential in Everyone. New Jersey: John Wiley & Sons. p. 57. ISBN 978-1400102228. Retrieved 22 May 2015.
- ^ a b Carlton Proctor (December 29, 2012). "Pensacola's Renaissance Man: Quint Studer is News Journal Person of the Year". Pensacola News Journal. Retrieved 17 April 2015.
- ^ Melissa Davis (September 2, 2003). "Tenet's Mr. Outside Has Inside Game Too". TheStreet.com. Retrieved 17 April 2015.
- ^ a b Beth Kutscher (January 27, 2015). "Huron to keep entire Studer Group management team". Modernhealthcare.com. Retrieved 17 April 2015.
- ^ "Huron Consulting acquires Studer Group". http://chicagosuntimes.com. Sun-Times Media Group. January 27, 2015. Retrieved February 5, 2015.
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