Conifer Health Solutions Names New Chief Financial Officer

FRISCO, Texas--(BUSINESS WIRE)-- Conifer Health Solutions, a leader in business process solutions for healthcare providers, today announced that Daniel M. Karnuta has been named Senior Vice President and Chief Financial Officer. He will serve as a member of the company’s executive leadership team and will report to Conifer President Stephen Mooney.

Daniel M. Karnuta, Senior Vice President and Chief Financial Officer of Revenue Cycle Solutions at C ...

Daniel M. Karnuta, Senior Vice President and Chief Financial Officer of Revenue Cycle Solutions at Conifer Health Solutions. (Photo: Business Wire)

Karnuta has more than 25 years of experience in corporate finance, accounting and taxation, as well as in human resources and information technology operations. He most recently served as Executive Director of Finance at Dell, Inc., leading the company’s divisional CFOs in financial decision support for the operating segments of the Dell Services business unit.

At Conifer, Karnuta will be responsible for providing leadership in the administrative, financial planning, accounting and budgeting areas of the company. He will also ensure that financial controls are in place and fiscal guidance is provided to the entire organization, as well as advise members of the Executive Team on all financial matters related to facilitating and implementing the company’s strategic plans.

“As Conifer continues to grow, it is imperative that we have a seasoned healthcare finance executive with a high profile reputation of success on board, and we have found that leader in Dan Karnuta,” said Stephen Mooney, president of Revenue Cycle Solutions at Conifer Health Solutions. “Dan has the extensive financial background and knowledge of business process outsourcing we need as we not only operate our dynamic and growing business, but also work strategically with new clients and business partners. We are pleased to have Dan joining the Conifer leadership team.”

Previously, Karnuta held several key financial roles at Perot Systems Corporation, including Chief Financial Officer of the Healthcare Industry Group and later Vice President of Planning and Decision Support. In all, he served 18 years in domestic and international leadership positions at Dell and Perot Systems after spending eight years in public accounting at Price Waterhouse. He holds a Bachelor of Science degree in Accounting from Pennsylvania State University and a Master of Science degree in Taxation from American University in Washington, D.C. He is also a member of the American Institute of Certified Public Accountants.

About Conifer

Conifer Health Solutions provides Revenue Cycle and Patient Communications services to about 150 hospitals and health systems nationwide. Conifer utilizes proprietary workflows and technology to offer comprehensive Revenue Cycle Solutions ranging from patient pre-registration to Health Information Management and Clinical Revenue Cycle services to the processing of governmental, managed care and self-pay claims. The company also provides best-in-class Patient Communications services that include physician referrals, patient education, marketing services and pre-admission clinical appropriateness reviews.

Born from healthcare, Conifer Health Solutions is headquartered in Dallas, Texas, and employs 3,600 people. For more information, call 1-877-CONIFER or visit the company’s website at www.coniferhealth.com.

Conifer Health Solutions, Inc. is a wholly owned subsidiary of Tenet Healthcare Corporation (NYSE:THC). Some of the statements in this release may constitute forward-looking statements. Such statements are based on our current expectations and could be affected by numerous factors and are subject to various risks and uncertainties, certain of which are discussed in Tenet’s filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended Dec. 31, 2010, quarterly reports on Form 10-Q, and periodic reports on Form 8-K. Do not rely on any forward-looking statement, as we cannot predict or control many of the factors that ultimately may affect our ability to achieve the results estimated. We make no promise to update any forward-looking statement, whether as a result of changes in underlying factors, new information, future events or otherwise.

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CONTACT:

Conifer Health Solutions
John Hoffmann, 972-335-6104
or
Sophia Stoller, 972-335-6134

KEYWORDS:   United States  North America  Texas

INDUSTRY KEYWORDS:   Practice Management  Health  Hospitals  Professional Services  Accounting  Finance  Managed Care

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Daniel M. Karnuta, Senior Vice President and Chief Financial Officer of Revenue Cycle Solutions at Conifer Health Solutions. (Photo: Business Wire)