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Rajan C. Patel

  • Senior Managing Director
  • T: +1 617 897 1500
  • F: +1 617 897 1510
Office
    • 200 State Street
    • 9th Floor
    • Boston, MA, 02109
    • United States
    • T: +1 617 897 1500
    • F: +1 617 897 1510
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Rajan C. Patel is a Senior Managing Director in the FTI Consulting Corporate Finance/Restructuring practice and is based in Boston. Mr. Patel is a member of the Healthcare Solutions group. He has more than 20 years of healthcare consulting experience servicing academic medical centers, integrated delivery systems and community-based system providers. Mr. Patel’s expertise includes healthcare financial management and business strategy, and serving as chief implementation officer (CIO) on performance improvement engagements for hospitals and health systems.

Mr. Patel has served as CIO for several large integrated improvement engagements for health systems. These engagements included leading performance improvement activities in the areas of labor productivity, non-labor cost reductions, human resource management, revenue cycle and physician practice management, resulting in an annualized recurring net profit and loss statement improvement ranging from $20 to $60 million. In these engagements, he has specifically worked with management to redesign the corporate services functions for the systems resulting in a more streamlined and cost-efficient operation, and assisted in the development of financial models to ensure sustainability of project results.

Mr. Patel has led several financial, operational and strategic assessments for both hospitals and physician practices. These analyses have resulted in the redesign of the operating structure, strategies to optimize third-party reimbursement and formulation of business strategies that would optimize the financial performance of the business entity. Furthermore, Mr. Patel developed financial models that would assist healthcare providers evaluate the potential impact of healthcare reform for their hospital, post-acute care and physician operations.

In addition, Mr. Patel has served as an expert witness in a litigation matter between two large healthcare systems, whereby he evaluated the performance of the parent organization and its impact on the operations of one of its member hospitals.

Prior to joining FTI Consulting, Mr. Patel was a senior director with a nationally recognized healthcare consulting practice, where he primarily served as CIO for integrated performance improvement engagements. He has also held a number of senior consulting level positions for several healthcare consulting firms over the past fifteen years.

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