SOURCE: ACM Capital Partners

ACM Capital Partners

November 23, 2009 07:38 ET

ACM Capital Partners Names Tom Fitz Managing Director, Healthcare

Senior Health Care Industry Executive Brings 30 Years of Leadership and Experience, Highlighted by 20 Years as CEO of Several Acute Care Hospitals, and Six Years as a Partner in the Ernst & Young Health Care Consulting Practice

MIAMI, FL--(Marketwire - November 23, 2009) - ACM Capital Partners, a national investment and advisory firm specializing in assisting companies in transition or distress, today announced that Thomas E. Fitz, Jr., a health care industry veteran with more than 30 years experience, will join ACM as a Managing Director responsible for all health care turnaround and restructuring engagements. Fitz is a Fellow of the American College of Healthcare Executives, the national accrediting body for health care executives. His turnaround and quality initiatives were featured in the March 2008 edition of the American Hospital Association's Trustee magazine.

Fitz joins ACM following a stint as a National Examiner for the Malcolm Baldrige National Quality Award. Prior to serving as a National Examiner, Fitz served nine years as CEO of Athens, Ga.-based St. Mary's Health Care System, where he led the operational and financial turn around of the multi-facility system.

Under Fitz's leadership, St. Mary's was repeatedly selected as the Official Health Care Provider for the University of Georgia Athletic Association, was recipient of the 2006-2007 Award as Large Hospital of the Year by Georgia Alliance of Community Hospitals, and was recognized by the Partnership for Health and Accountability as having the Highest Overall Quality of any hospital in Georgia in 2006.

Prior to St. Mary's, Fitz was a Partner in the Health Care Consulting practice of Ernst & Young LLP where he was responsible for numerous engagements requiring large-scale and significant organizational change, including the development of system-wide strategic initiatives to turn around and improve operational performance for large multi-hospital systems.

"We are thrilled to add Tom to the ACM team," said ACM Managing Partner James F. Martin. "Tom has built an outstanding reputation in the health care industry, bringing exceptional restructuring and operations leadership to an industry that is today on the brink of unprecedented transformation. Tom is actively assembling new members to the healthcare practice and will work alongside our traditional turnaround professionals, thereby providing a unique set of solutions to the continuous issues pervasive within the healthcare industry."

Fitz earned an MBA from Northwest Missouri State University while actively serving as a Lieutenant in the United States Army. He also holds a Bachelors Degree in Economics from Duke University. A comprehensive listing of professional affiliations follows:

--  Board of Directors, Georgia Alliance of Community Hospitals, 2000-2008
--  Blue Cross/Blue Shield of Georgia Hospital Advisory Board, 2001-2008
--  Regional Policy Board, American Hospital Association, Alternate
    Delegate, 2007-2009
--  Campaign Chairman, United Way of Northeast Georgia, 2006-2007
--  Board of Directors, Athens-Clarke County Chamber of Commerce, 2001-
    2004
--  GHA Health Care Insurance Resources, Board Member, 2002-2008
--  ACHE Regent's Advisory Council for South Florida, 1998-1999
--  Federation of American Healthcare Systems -- Board of Governors, 1986-
    1987 and 1988-1989
    

ACM's innovative approach is focused on injecting various forms of capital (including financial, intellectual and operational) directly into its client companies. Alongside capital infusion, ACM places a hands-on, seasoned member of each one of its three discipline teams (Executive, Financial and Operational) into each client engagement.

About ACM Capital Partners

Headquartered in Miami, with offices in Boston and Chicago, ACM Capital Partners is a national investment and advisory firm specializing in assisting companies in transition or distress. ACM's team of professional advisors has assisted clients ranging from small businesses to Fortune 100 Companies. The ACM team brings decades of experience to every client engagement, and has built a reputation of helping clients create value and provide strategic solutions to both short- and long-term financial issues. For more information please visit www.acmcapitalpartners.com or visit the ACM blog at http://www.acmcapitalpartners.com/blog.html.

Contact Information

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