August 26, 2020 – The Bowdoin Group, a Boston-based executive recruitment firm, has placed the new chief executive officer for Alpha II, which provides software-as-a-service (SaaS) solutions for healthcare professionals, clearinghouses and government entities. Todd Doze joins the Tallahassee-based company from TransUnion, where he was vice president of reimbursement solutions. The search was spearheaded by Josh Gottlieb, managing director, digital health, and Sean Walker, partner.
In conjunction with Mr. Doze’s appointment as CEO, Jan Powell, prior CEO and an Alpha II founder, will remain intimately involved with the company, moving to the newly created role of president. Ms. Powell will continue to lead product strategy and the company’s government business, and will continue to serve as a member of Alpha II’s board of managers.
Alpha II is backed by WestView Capital Partners, a Boston-based private equity firm.
The Perfect Time
“Todd will be an awesome addition to Alpha II’s already strong management team,” said Ms. Powell. “Todd’s appointment comes at the perfect time to further the execution of Alpha II’s strategic plan for leveraging our best-in-class, content-driven, rules-based software solutions and client commitment into rapid growth through existing and new partners. The entire Alpha II management team looks forward to working with Todd to augment Alpha II’s strong market position and impressive growth trajectory.”
Prior to working for TransUnion, Mr. Doze was CEO of Healthcare Payment Specialists, where he led meaningful growth from the time he joined the company in 2013 to its acquisition by TransUnion in 2018. Before that, Mr. Doze was a partner and co-founder of Trinity Healthcare Resources after beginning his career as a consultant at Southwest Consulting Associates.
“Todd has deep experience in healthcare revenue cycle software,” said Matt Carroll, general partner at WestView Capital Partners and a member of Alpha II’s board of managers. “Todd’s technical product expertise along with his proven experience in driving growth and innovation is exactly what Jan and WestView were looking for in Alpha II’s next leader.”
Said Mr. Doze: “Alpha II’s best-in-class SaaS offering, combined with their talented team, makes this a special and exciting opportunity. I am thrilled and honored to join the team and look forward to leading the company to continued growth.”
Alpha II provides software-as-a-service solutions for both ambulatory and acute care providers focusing on pre-submission claims and encounter-level coding and billing edits and quality reporting. The company’s software supports accurate coding, compliance and claims editing for healthcare providers, clearinghouses and government entities both directly and through reseller partners. Alpha II’s toolsets, data content, and rules engines plug and play with electronic medical record, practice management and hospital information systems to help their customers comply with the latest healthcare policies, standards and directives.
Other recent digital health placements by The Bowdoin Group include: chief growth officer Andrew Cylkowski, for Vynca, which is backed by First Trust Capital Partners; chief revenue officer Dunnie Norman for b.well Connected Health (UnityPoint Health Ventures); and chief revenue officer Tom Donnelly for Level Ex (JAZZ Ventures). The managing directors leading the searches varied but were tied to the firm’s digital health vertical, led by Mr. Gottlieb and Mr. Walker.
“We recently placed four senior executives at digital health companies — all in this era of COVID-19 — with some clients choosing socially distanced meetings and others choosing to hire site-unseen,” said The Bowdoin Group. “We’re finding that even with the record rates of unemployment and an unpredictable market/economy, this is still very much a candidate driven market, especially at the C-level. Investors are still seeking to find executives at their portfolio companies and chief executives are still trying to round out their C-suites, so we have continued to win business and place candidates, even in this unprecedented environment.”
Leadership & Strategy
Founded in 1994, The Bowdoin Group specializes in leadership and strategic roles for a wide range of companies, from small firms building out their executive team to large firms sourcing talent for rapid market expansion. With deep expertise in biopharma, digital health, fintech and financial services, and software, the firm specializes in the Greater Boston area with the ability to source talent and service companies globally.
Mr. Gottlieb has 12 years of executive search experience, working with executives and investors to help them build their executive and commercial teams. As managing director, digital health, he works with venture-backed, PE-backed, and high growth companies that are solving the biggest issues facing payer, provider, biopharma and employers with the goal of positively impacting patient outcomes. His primary responsibilities include partnering closely with clients and their boards, providing them guidance on talent acquisition strategy, team expansions, and executive and strategic searches.
Mr. Walker has over 25 years of search, sales, and business development experience with venture-backed and emerging growth companies in the innovation economy. As a partner at The Bowdoin Group, he started a number of the firm’s practices, including the digital health and healthtech practice. Mr. Walker is deeply integrated in the digital health ecosystem, working closely with BoDs, VC firms and PE firms to define their go-to-market strategies and help them understand and define the types of C-level leaders they want and need. He is also responsible for partnering extensively with clients and advising their talent acquisition strategy, large hiring projects, and executive and strategic searches.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; and Stephen Sawicki, Managing Editor – Hunt Scanlon Media