
Albert Prast
CIO at Aspen Center for Integral Health
TED Attendee
Winter Park, Florida, United StatesAbout Albert
I am a…
Business leader, Change agent, Entrepreneur, Idea generator, Investor, Technologist
Bio
Experience
CIO, Connextions Healtcare --- 2006-Present
During 2006 we partnered with New Mountain Capital from NYC to recapitalized the company in anticipation of aggressive growth. Focused on putting process and policy deep with our growing IT organization and managed to grow top line revenue by 40%. We are a private organization hovering in the $100MM revenue arena focused on Consumer Directed Healthcare in both the pre and post transaction markets
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CIO, Rotech Healthcare Inc. — 1993-2006
Responsible for all things IT and telephony including operational modeling/reengineering. Created and supported the infrastructure that allowed the company to grow from 40 locations and USD 62 million in revenue to more than 500 locations and approximately USD 560 million in revenue.
Architected Rotech’s network and the majority of its internal business systems. Recruited, managed and mentored employees in the computer department from approximately 5 FTEs in 1993 to just under 50 at my time of departure.
Advisory IT Architect, IBM Orlando, FL — 1992-1993
Worked in IBM’s global consulting practice helping companies define, document, and implement overall IT architecture and long term strategy. Example clients: Publishers Clearinghouse, Attorney’s Title, AAA, Disney, Marriott ownership resorts.
Advisory Systems Engineer, IBM Orlando,FL Boston,MA — 1988-1991
Specialized in emerging technologies and client-server computing. Earned Systems Engineer of the Year for the Southern Area and Golden Circle Awards in 1991.
Sales Representative, IBM Orlando, FL — 1984-1987
Specialized in new business and growth accounts focusing on personal computing and mid-range systems. Earned recognition in the Hundred Percent Club several years in a row and several other monetary awards for achievement during my tenure.
Education
University of Michigan — BA Economics 1981
Rollins College — MBA Finance 1985
Massachusetts Institute of Technology — Visiting Scholar MIS 1989
Skills
I possess strong enterprise systems skills. I have recruited and managed strong teams of people to help develop, implement, and support systems that I have designed. The application of these systems are broad and varied and include medical billing, EDI, B2B, SCM, CRM, dashboard, performance measurement and improvement, commissions, time and expense, and inventory.
I have also managed large implementations and ongoing support of the Lawson ERP system including GL,Payroll,HR, and Fixed Assets. In addition, I have implemented and installed several data warehouses used to enable business intelligence aspects of mining enterprise data to enable derivative revenue streams have experience with Oracle, DB2, Informix, MySQL, SQLite, Openbase, and MSSQL.
In the past two years, I have deployed a full service ESB (enterprise service bus) which allows companies to harness emerging technologies like SOA (service oriented architecture), AJAX (asynchronous JavaScript and XML) and MVC (Model-View-Controller) frameworks. I am excited about and committed to this suite of emerging technologies that allows for a very structured approach to team development of enterprise, carrier grade software that is well documented, scalable, maintainable, and provides the end user with a RIA (rich internet application) interface that allows for delivery of a desktop quality user experience over a common browser that works irrespective of the users operating platform and requires no software to be installed or upgraded on the client computer. I have released three full featured applications this year that harness this technology. The response from our user community has been overwhelmingly positive.
During my tenure at Rotech, I have been an integral part of the senior management team, and as such, have been with the company through many pivotal phases of its’ growth. I joined Rotech in 1994 when they were a small, publicly traded company (ROTC), I was present as the company was acquired by Integrated Health Services in 1997. In 1998, IHS file for Chapter 11 Bankruptcy Protection and I experienced the restructuring of IHS and the eventual spin-off of Rotech Medical Corp. to Rotech Healthcare Inc. in 2001. We have now re-listed on NASDAQ as Rotech Healthcare Inc. (ROHI). I participated in both debt and equity financing events during the last several years. I have learned a great deal through each of these phases and as a result, I feel that I am a much more astute business executive.
I have a very strong entrepreneurial drive and have founded, funded, and sold a few small companies. I have had a few successes (measured in terms of return), one or two where we are still waiting for the final outcome, and a couple of losers; I learned the most from the losers.
I'm passionate about
Education, the environment, connecting people with great ideas, fairness.
Areas of expertise
Business Development, Business Operations, Enterprise Technology, Systems Archtecture, Systems Engineering