Thomas J Mallon
4 Westbrook Corporate Center, Ste 440, Westchester, Il 60154 | 708.708.408.7640 |
As the CEO of a leading ASC company, I have devoted my career to the business
of medicine enabling physicians to deliver high quality patient care via
an efficient work environment in ASCs and specialty hospitals. Because
of the clinical autonomy we provide, ASCs are valued by the physician
and hospitals for more than their “ancillary income”. The
investment income from these ventures enables many physicians to augment
their declining professional fees but the efficiency enables them to serve
more patients in less time in a high quality environment, enhancing the
value of their practices. We are partners with both physicians and hospitals,
providing the professional unbiased management that both need in order
to trust each other.
- Harvard Business School
- MBA – General Management (1982)
- Denison University
- BADouble Major: Political Science & Classical Civilization (1978)
Regent Surgical Health
Founder, CEO and Board Chair (2001-Present)
Regent specializes in working with physician and hospital partners in the
development, management and turnaround of surgery centers around the country.
As CEO, I oversee the management and operations of 26Surgery Centers from
Anchorage, Alaska to Ft. Myers, Florida with two partnerships overseas
– Dublin Ireland and Roatan Honduras. In these ventures we have
over 400 physicians and twenty hospital partners. Last year, revenues
for Regent centers exceeded$110 million.
Gryffindor Capital Partners
Founding Member and General Partner (1999-2001)
GCP is a small venture fund formed by partners associated with the Transwestern
Investment Company in Chicago. Its strategy is to find and support early
stage ventures. I served as a general partner focusing on due diligence
prior to the investment and working through problems that arose after
investing. The fund is still in existence awaiting the liquidation of
Same Day Surgery, Chicago, IL
I co-founded SDS in 1994 with two partners. SDS was a Chicago based ASC
company that purchased majority interest in 5 turnaround surgery centers
in the Chicago area. As the operating partner, I assisted in recruiting
70+ partners and grew the business from $2 million in annual revenue to
over $20 million in 4 years.
Century Capital/JMB Realty/Miglin-Beitler
Commercial Real Estate Leasing (1983-1994)
I served as leasing representative, director and Vice President of Marketing
for three major real estate companies during this time – Century
Capital, Houston, TX, JMB Realty, Chicago, IL and Miglin-Beitler, Chicago,
IL. Supervising a staff of up to 15 leasing professionals, I was responsible
for leasing downtown and suburban office properties in Chicago and other
Midwestern cities. In my last position with the Miglin-Beitler Company,
we leased 2 million square feet of space per year in a very soft commercial
market in the early 1990s. We served owners such as CitiCorp, TIAA, Nomura
Securities and Yasuda Life. We became known for our work with troubled
and foreclosed office buildings, leasing and managing them to prepare
them for disposition.
Board Memberships (for Profit)
Board Member (2009-2015)
I am an investor and serve as outside board member to CE Sundberg, a $40
million per year, 80 year old parts distribution business located near
Midway Airport in Chicago. CE Sundberg serves home repair technicians
with Whirlpool, GE and LGE parts for home appliances. This leveraged buyout
has maintained and grown its market share in the last three plus years
and has purchased a minority interest in Repair Clinic, a very innovative
internet company selling to the “do it yourself” market. I
serve on the compensation committee.
Board Member (1999-2010)
Inland is a community bank based in Oak Brook, IL. Its focus is local commercial
real estate lending. I joined the WestBank board in 1999, when it was
a $250 million asset bank. Through growing the loan portfolio and combining
with two additional banks in 2007, the bank changed its name to Inland
and grew to over $1.1 billion. I served on the audit committee for my
last four years there. I resigned effective June 30, 2010 to spend more
time in my healthcare work, primarily due to the uncertainty presented
by the passing of ObamaCare.
BOARD MEMBERSHIP (INDUSTRY)
Physician Hospitals of America
Board Member (2010-2011)
PHA represents 125 operational facilities and 75 facilities under construction
that are owned primarily by admitting physicians. I have been in Involved
since its founding as a member. I joined the board January 1, 2010 in
time to participate in the final lobbying push to soften the impact on
physician owned hospitals in ObamaCare bill passed in March. We were unsuccessful.
I resigned at the end of 2011 as both of our physician owned hospitals
transitioned to hospital system ownership.
BOARD MEMBERSHIPS (NOT FOR PROFIT)
Christ Church of Oak Brook
Trustee, Elder and Mission Chair (1991-Present)
CCOB is a 5,000 member non-denominational church based in Oak Brook, IL.
The church has had a passion for local, national and overseas missions
since its founding 48 years ago. I served on the mission committee and
mission chair for 17 years. During that time, we increased our US and
national mission partners from 30 to over 60. Our giving increased from
$800,000 to $1,600,000.I have traveled extensively to Africa, Asia and
South America to visit our partners in their home countries. Currently,
I serve as trustee, sitting on the personnel committee and leading the
board development committee.
C-12 is a group of business owners focusing on applying their faith in
their business. It meets monthly for a full day and functions as a board
of directors for 20 business owners. We focus on best practices in leadership,
human resources and business administration. It provides each of us a
time each month to think about the strategic direction of our businesses
with like-minded business owners who will give us unvarnished advice based
on our shared values.
Affordable Medicines for Africa
South Africa for holistic ministry in the colored communities outside of
Cape Town. Second, it seeks to encourage African manufacturers to make
and distribute pharmaceuticals in Africa. Many drugs imported are either
counterfeit or rendered useless due to the extreme heat while stored in
shipping containers. It is an intractable and difficult problem but slowly
is being addressed with the help of this organization.
This is a start-up secular organization that resources child headed families
in Bulawayo, Zimbabwe. It currently serves 20 teens caring for their younger
brothers and sisters. The organization provides life skills training and
occupational training over a three year period. It is supported by Rotary
International and is innovative in its approach to training and resourcing
these at-risk youth.
Board Memberships (Political)
Americans For Doug Truax Campaign for US Senate
Board Member and Finance Chair
Doug Truax is a member of my C-12 group who is running for the Republican
primary in the IL US Senate race. This is my first experience working
in a political campaign. After many years in healthcare, I am committed
to seeing people with integrity elected to represent us.
Publications and Papers
I have published an extensive body of work as CEO of Regent Surgical Health.
Recent samples are listed below. Additional examples can be found at:
- Surviving in a Highly Consolidated Payer Market (Under Consideration for
- Providing Quality Healthcare in a Values Driven Culture (Health Leaders)
- Six Bullets in the Gun (Letter to Physician Partners)
- 20 Orthopedic and Spine-Driven ASCs to Know (Becker’s ASC Review)
- Patients Before Profits – Agreed! (Modern Healthcare Editorial)