QLK's Courtney Lada, managing partner, and Steve Lieber, of counsel, led the search that resulted in the placement of Akash Madiah as the chief financial officer of the Medical Group Management Association (MGMA) in Englewood, Colorado. With a membership of over 40,000 medical practice administrators, executives, and leaders, the MGMA represents more than 12,500 organizations that deliver almost half of the health care in the United States. Its mission is to empower practices, providers, and patients to create meaningful change in health care, accomplished through four divisions – industry insights, business intelligence, association services, and governance services – that offer educational collateral and certifications; innovative ideas and networking events; benchmarking data and statistics; access to industry experts and thought leaders; and information and materials for making medical practices more successful and profitable. In his role, Akash is the senior-most executive responsible for directing the financial and accounting functions of the association. He is accountable for ensuring appropriate fiscal policies and procedures and proper controls within the organization, and serves as a strategic business partner to the management team and for the organization. Akash also oversees legal and governance issues and works with product teams to assist in new market and product development.
Akash comes to the MGMA from DaVita Medical Group, where he was the chief financial officer of the Colorado Springs region, which represented more than 140 physicians, 40 midlevel providers, and over 900 support staff. As a strategic advisor to the president and the rest of the market executive team, in addition to the regional medical group board, Akash participated in the planning, development, and integration of new acquisitions, strategic partnerships, and value-based care initiatives. He oversaw accounting, financial operations, and the business office, which included revenue cycle and claims adjudication, implementing new compensation plans for providers and partnering with the contracting team to lead the transformation of the region to value-based care.
Previously, Akash served as the senior director of corporate finance for Vail Resorts; as the senior director of corporate finance for the primary care division of DaVita and as the finance and innovation director for DaVita's kidney care division; as a manager in KPMG's economic and valuation services group; and as an associate in the banking division of Lehman Brothers. He began his career as an analyst with Columbia House and United Airlines. Akash is originally from Colorado. He earned his bachelor's degree in industrial engineering and economics from Northwestern University and his MBA from the University of Virginia. Akash and his wife are the parents of two young children and are soccer fans who enjoy spending time outdoors.