Focused on Innovation and Improving the Patient Experience, Capio Announces Organizational Changes

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Leading Healthcare Asset Management Firm Announces Promotions and Creation of Innovation Team

Capio, one of the largest healthcare asset management companies in the country, today makes two significant announcements: 1) the creation of an internal Innovation Team; and 2) the promotions of Steve Wright to Chief Innovation Officer and Dan Kutchel to Chief Revenue Officer. The announcements were made by Mark Detrick, Chief Executive Officer for Capio.

“Capio has always been on the leading edge of creating a positive and respectful experience for our client’s patients,” said Detrick. “The creation of our Innovation Team will ensure that we continue our focus on new and unique methods to help patients resolve their healthcare accounts with understanding and compassion. The Innovation Team will specifically work to develop novel products, consumer tools, and unique strategies to help make healthcare affordable for our consumers."

Leading Capio’s Innovation Team will be Steve Wright, who has been promoted from Chief Revenue Officer to Chief Innovation Officer. “I am grateful for Steve’s past contributions and I believe he is well qualified to lead this new team of innovators,” added Detrick. Prior to joining Capio, Wright was the founder of Card Capture Services, CarePayment, and PatientCard.

Dan Kutchel will assume the role of Chief Revenue Officer. Kutchel previously served as the company’s Chief Sales Officer. Under Kutchel’s direction, Capio has experienced exponential growth. He will now oversee all of Capio’s sales and marketing efforts, with a focus on providing financial solutions to healthcare providers and successfully resolving challenging patient accounts.

“Since Dan joined Capio, he has built a ‘best in industry’ sales team focused on addressing our client’s cash needs while providing a positive patient experience,” noted Detrick. “I am thrilled to announce Dan’s new role and am confident that under his leadership we will continue to meet the demands and expectations of our clients.”

Prior to joining Capio, Kutchel served in sales and marketing leadership positions with increasing responsibility for OSI, Ernst & Young, and CarePayment.

About Capio
Capio assists healthcare providers and physician organizations increase cashflow, while also lowering their bad debt expense. To date, Capio has acquired and provided consumer services to over $32B in patient accounts receivable via partnerships alongside more than 750 provider clients across the United States. To learn more about Capio, please visit our website.

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Trent Rosebrook
Capio
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