Advanced Medical Pricing Solutions (AMPS), a diversified healthcare technology company, has appointed John A. Flack II as its new Chief Financial Officer (CFO). Flack brings over 20 years of experience in strategic and operational finance to the role, with a focus on growth, leadership, and innovation.
- Most notably, Flack spent eight years as the Office Managing Partner of the Fort Worth, Texas office of KPMG, a leading global audit, tax and advisory firm.
- During his tenure, he was responsible for the operation and management of 200+ professionals, including go-to-market strategies, business development, recruiting, hiring, and performance management.
- Flack also served as the Asset Management Market Leader for KPMG in Texas, providing transactional advice on numerous mergers, acquisitions, and IPOs.
As CFO of AMPS, Flack will oversee the company’s financial strategy and operations, financial planning and analysis, accounting and financial controls, human resources, procurement, corporate development, and investor relations functions.
“It’s exciting to step into this role at such a pivotal moment for AMPS,” said Flack. “This is a company with bold vision, a powerful platform, and a passionate, talented team committed to transforming how healthcare works for the people depending on it. I’m eager to build on our momentum, create value for our customers and investors, while also scaling our impact across healthcare payer, employer and individual markets.”
The appointment of Flack reinforces AMPS’ commitment to building a high-impact team focused on innovation, growth, and delivering value.
| Key Highlights: | |
| • John Flack II has over 20 years of experience in strategic and operational finance. | • He has a strong track record of leading growth, innovation, and financial success in various industries. |
“John brings the financial acumen and leadership instinct that accelerates companies from great to exceptional,” said James Nadauld, Board Chairman at AMPS and Managing Partner of Cimarron Healthcare Capital, AMPS’ financial sponsor. “He adds immediate value as AMPS advances innovation while expanding its presence in the payer technology and healthcare benefits markets.”
Flack will serve as an integral part of the company’s leadership team, offering a seasoned perspective on business growth and financial initiatives and an engaging, down-to-earth leadership style.
“We’re thrilled to welcome John to AMPS as we accelerate the growth of our technology offerings and the corresponding impact for our customers and their members,” said Matt Brow, CEO and Board Member of AMPS. “While it is clear that his leadership and financial expertise will bolster our mission to deliver smarter, faster, and more disruptive medical and prescription benefit solutions, I have no doubt that John’s contributions to our team culture will be just as powerful.”
- Definition:
A CFO is responsible for overseeing the financial strategy and operations of an organization, ensuring that the company is financially sound and making informed business decisions.
AMPS is a diversified healthcare technology company that supports transparent, affordable medical and prescription benefits through proprietary software as a service (SaaS) products and tech-enabled services offered across the healthcare payer and employer markets.
The company offers a range of products, including prospective payment integrity software, high-dollar medical bill review, claim repricing software, reference-based pricing software, and transparent pharmacy benefits management, through its business units: ClaimInsight, PriceDynamix, and Drexi.
AMPS serves self-insured employers, health plans, TPAs, and individual market aggregators throughout the United States.
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