Kevin Chmura Appointed Chief Executive Officer of Panacea Healthcare Solutions
ST. PAUL, January 2023 — Panacea Healthcare Solutions, a leading provider of strategic pricing, price transparency, chargemaster, compliance, and revenue integrity software and consulting services to healthcare providers across the full continuum of care, today announced the appointment of Kevin Chmura as Chief Executive Officer and member of the Board of Directors, effective immediately. Chmura joins Panacea with over 25 years of experience and a proven track record of delivering exceptional results to some of the country’s largest healthcare systems. He succeeds Fred Stodolak, who becomes Panacea’s Chairman of the Board.
Mr. Chmura brings his experience of successfully building and leading healthcare revenue system software and services organizations. Before joining Panacea, he served as President and CEO of revenue cycle technology and services provider Aergo Solutions from 2010 until its acquisition in 2022. He has held several prominent executive-level positions in the revenue cycle management industry, including serving as Senior Vice President of Client Engagement at MedAssets (now Savista) and establishing the A/R Services division at MD-X Solutions, a firm that MedAssets eventually acquired.
“It’s an exciting time to be joining Panacea and an honor to succeed Fred Stodolak. I’m proud and delighted to serve as Panacea’s next chief executive officer. As CEO, I plan to build upon the combined capabilities of Panacea Healthcare Solutions, Holliday & Associates and First Healthcare Compliance to take the company through its next phase of growth. Our loyal and growing customer list will benefit from our talented and dedicated staff, and the financial backing of our private equity partner, Firmament,” Chmura said.
Green Campbell, Vice President at Firmament and Panacea board member, said, “We are thrilled to have Kevin join Panacea. His stellar industry reputation, leadership, and business acumen will promote growth and enhance client success. We look forward to Panacea’s next phase and will support its continued growth and investments in cutting-edge software and tech-enabled consulting services.”
About Panacea Healthcare Solutions
Panacea (www.panaceainc.com) provides software and tech-enabled services that help healthcare organizations improve their revenue cycle, coding, and compliance with front-line expertise in mid-revenue cycle management. In an era where 95% of provider revenue is driven by accurate coding and defensible yet optimal pricing, clients trust Panacea to deliver unparalleled value in strategic pricing, price transparency, chargemaster, compliance, and revenue cycle solutions.