Board of Directors

Frederick Stodolak

Frederick Stodolak

Chief Executive Officer

Fred has over 30 years of financial and software development experience in the healthcare industry. Under Fred‘s leadership, Panacea develops world-class niche technology that helps providers identify and reduce risk, maintain compliance, and improve their bottom line. As one of the nation’s leading experts on hospital pricing, Fred has spoken frequently at Healthcare Financial Management Association’s national and regional conferences and been published in HFM magazine often. Frederick Stodolak co-founded Panacea Healthcare Solutions in September 2007 and RAC Monitor, LLC, in 2008.

Prior to forming Panacea, Fred formed Innovative Health Solutions in 2002 and in less than four years, grew the company to national prominence before the company was acquired by Accuro Healthcare Solutions (now nThrive).Fred was also the founder and CEO of Healthcare Design Systems, which was acquired in 1995 by QuadraMed Corporation, where he played a vital role in establishing the company’s product vision and subsequent earnings success leading up to and during its initial and secondary public offerings.

Past positions also include Director of Budget and Reimbursement and Acting CFO for five years in the hospital setting, where he was instrumental in every instance in substantially improving each of the organization’s bottom line and Executive Director (Senior Partner) at Kaden Arnone for 12 years (now CBIZ).