Latest / Becker’s Healthcare Podcast / Building a Physician Led Orthopedic Platform with Alejandro Fernandez, MBA, CMPE
Transcript
- 0:02- Just five years ago, a big portion of
- 0:04- what's now being done in ambulatory surgery centers
- 0:07- wasn't considered outpatient work. The cases have changed,
- 0:10- the tech has changed, the patient expectations have
- 0:13- changed, and the leaders who are thriving are
- 0:16- the ones who saw it coming.
- 0:18- Becker's twenty third annual Spine Orthopedic and Pain
- 0:21- Management Driven ASC Conference
- 0:23- exists for exactly that kind of forward looking
- 0:25- practitioner.
- 0:27- Here, Becker's hosts more than 1,000 attendees, 275
- 0:31- physician and ASC speakers, and three days of
- 0:34- sessions that move between the clinical, the operational,
- 0:37- and the strategic,
- 0:38- and the CME credits to show for
- 0:40- it. Join us June eleventh through the thirteenth
- 0:42- at the Swiss Hotel in Chicago, and come
- 0:45- ready to think about what's next. Register on
- 0:47- our events page at beckershospitalreview.com
- 0:50- by clicking on the events tab in the
- 0:52- upper right.
- 0:54- This is Scott Becker with the Beckers Health
- 0:57- Care Podcast.
- 0:58- I'm thrilled today to be joined by one
- 1:00- of the most talented leaders I know in
- 1:02- health care and just a wonderful person.
- 1:05- We're joined today by Alejandro Fernandez,
- 1:08- and and Alejandro's had great success
- 1:11- both in the GI space and running and
- 1:13- helping to grow
- 1:15- one of the best GI
- 1:16- national practices in the country.
- 1:18- Now he's working the orthopedic space and doing
- 1:21- a wonderful job there.
- 1:23- Alejandro,
- 1:23- take a moment if you can and tell
- 1:25- us a little bit about your career,
- 1:28- and how you got so deeply
- 1:29- invested in health care leadership.
- 1:32- Excellent. Well, thanks, Scott. Thanks for inviting me
- 1:35- to on the podcast.
- 1:37- You know, my career started about thirty years
- 1:39- ago, literally just in college trying to,
- 1:42- make ends meet as I was putting myself
- 1:44- through school and, just started as a
- 1:46- Clark. And from there, learned all the ropes
- 1:49- and, eventually got my bachelor's care
- 1:54- administration. But I always say I could've done
- 1:56- anything. I mean, with in in business, could've
- 1:58- done, other gone into other careers. But what
- 2:01- really
- 2:02- continues to keep me in health care is
- 2:05- that passion to provide excellence in medical care
- 2:08- and assisting independent physician practices and providing a
- 2:11- quality medical experience.
- 2:13- That that's really the love that I have
- 2:15- for for health care.
- 2:17- And, and throughout that, you know, over the
- 2:19- last thirty years, just, you know, helping,
- 2:22- physician led organizations build operational infrastructures
- 2:25- around
- 2:26- what can now be,
- 2:27- something that you can't do in order to
- 2:29- grow, without losing what's good about them. You
- 2:33- know, the building as well, as you stated,
- 2:35- I,
- 2:36- I was the CEO for GastroHaul for many
- 2:38- years, built it into the first p platform,
- 2:41- for GI,
- 2:42- north of a 100,000,000 in in business. And
- 2:45- and I also worked in dermatology in New
- 2:47- York City with Navoderm.
- 2:49- And as as you also mentioned, I'm today
- 2:51- the CEO for Synergy Orthopedic Specialists in San
- 2:53- Diego. We're an independent
- 2:54- physician led MSK platform,
- 2:58- and over 60 providers, surgery center. We own
- 3:01- our own anesthesia,
- 3:02- advanced imaging, DME,
- 3:04- and, physical therapy clinics
- 3:07- all throughout the San Diego and also, and
- 3:09- crunching into the northern counties
- 3:12- outside of San Diego. So the idea eventually
- 3:14- is to to have an integrated MSK all
- 3:16- under one roof owned and governed by independent
- 3:19- physicians.
- 3:21- And and tell us the most interesting thing
- 3:24- in in in being involved in gastroderm
- 3:28- and orthopedics. Let's start with those three. And
- 3:30- we'll talk a little bit about the career
- 3:32- trajectory because it's literally remarkable from desk clerk
- 3:36- to college degree to University of Miami MBA
- 3:39- to leading one of the largest gastro platforms
- 3:41- in the country, and now we have a
- 3:42- fantastic ortho platform. But but I'm gonna ask
- 3:45- you this question.
- 3:46- I'm gonna ask you this. The most interesting
- 3:49- or surprising thing you learned about gastro, the
- 3:51- most interesting or surprising thing you learned about
- 3:53- dermatology,
- 3:54- and the most interesting or surprising thing you
- 3:56- learned about orthopedics
- 3:58- in your
- 3:59- different stints as a leader of different great
- 4:02- platforms and practices.
- 4:04- So just give us, you know and I
- 4:06- know this is,
- 4:07- you you weren't planning on this question. Yeah.
- 4:09- No. I I got them laughing as you're
- 4:10- saying it. But but the most interesting thing
- 4:13- or surprising thing you learned about gastroenterology
- 4:15- other than all the gastroenterologists having arthritis from
- 4:18- doing so many GI procedures, or the most
- 4:20- interesting thing in derm, you know, or the
- 4:22- most interesting thing in orthopedics.
- 4:24- Give us a little bit of each.
- 4:26- Yeah. I I would say GI, I I
- 4:28- was fortunate to be involved in GI around
- 4:31- that that period of time
- 4:33- where the the event of, colonoscopy
- 4:37- screening
- 4:38- was really
- 4:39- being discovered. I was around a lot of
- 4:41- thought leaders. I was really involved at a
- 4:43- national level. So,
- 4:45- GI, you know, being able to be,
- 4:49- in in GI, particularly, be able to, have
- 4:51- the the opportunity
- 4:53- to be around that that time. And I
- 4:55- think people kinda take it for granted that,
- 4:58- maybe, you know, twenty, thirty years ago, people
- 5:00- were just it was one of the largest,
- 5:02- I mean, it still is one of the
- 5:04- most prevalent cancers
- 5:05- that people die from,
- 5:07- particularly one that could be,
- 5:09- discovered early.
- 5:11- So being around that, but the business around
- 5:13- that as well, being able to have,
- 5:16- you know, the physicians, the the ASC, the
- 5:20- anesthesia, even in in Gastrohealth.
- 5:23- We started a a pharmacy, and we dispense
- 5:25- the products. So we literally own the overall
- 5:29- program and and and and, you know, the
- 5:31- the integrated delivery around
- 5:34- screening colonoscopy,
- 5:35- in our marketplace.
- 5:37- And then,
- 5:38- derm,
- 5:39- I think derm, you know, no offense to
- 5:41- to other physicians and other specialties.
- 5:44- They're really smart people. They they the conversation
- 5:48- I get and, again, all the doctors that
- 5:50- I worked with are are really outstanding and
- 5:52- great,
- 5:53- leaders and and great thought leaders, but, you
- 5:56- know, dermatologists
- 5:57- are are are really smart people. It just
- 5:59- the conversation I get into, it doesn't really
- 6:01- matter the field or what we do.
- 6:03- You know, from a business angle, I think
- 6:05- they get a bad rap particularly around,
- 6:08- when they built out their integrated,
- 6:10- pathology labs and, you know, they get the
- 6:13- bad rap. It's like, oh, they they they
- 6:14- take a million specimens and, you know, they're
- 6:17- trying to just make money,
- 6:18- whether it's cosmetic or whatever. I'm just like,
- 6:20- no. I tend to think that they they
- 6:22- really love their and they're passionate about what
- 6:25- they do, and, they're always trying to figure
- 6:27- out what their, you know, what can make
- 6:29- their their business better.
- 6:31- And and lastly, orthopedics. Orthopedics,
- 6:34- you know, it's funny. GI, I think of
- 6:36- them as as plumbers,
- 6:38- and g and orthopedics, I think of them
- 6:40- as our carpenters, you know, just in the
- 6:42- way that they they they go into their
- 6:44- their their passion.
- 6:46- Again, really smart people. I've worked with with,
- 6:49- orthopedic doctors in my group that are all
- 6:51- in into AI or three d printing and
- 6:54- just they they really look at how they're
- 6:56- gonna develop and and and execute
- 6:59- and get that person back in motion, get
- 7:01- them back to better than they were before.
- 7:05- So, and also on the business side, similarly,
- 7:07- then GI
- 7:09- has all those tools. We have the ASC.
- 7:12- We have,
- 7:13- we're we're bringing anesthesia into the platform where
- 7:15- we have the DME and and pain management
- 7:19- and everything that comes into its spine. You
- 7:21- know, our our group is multi specialty, so
- 7:22- we bring in all the different facets of
- 7:25- integrated delivery systems.
- 7:27- I think, again, that their their biggest,
- 7:31- strength is,
- 7:32- you know,
- 7:33- just in Southern California, the payer market is
- 7:36- is really tough, and I see that in
- 7:38- other markets. It's a little bit
- 7:40- easier to manage,
- 7:42- than than in other markets. And, again, I've
- 7:43- worked in Florida. I worked in New York
- 7:45- or the Northeast New York, New Jersey, and
- 7:47- now in in Southern California. Very, very distinct
- 7:50- markets. But, yeah, those are the three things
- 7:51- that I would say different about the the
- 7:53- specialist.
- 7:54- I I I love that. And and I
- 7:56- take it at the end of the day,
- 7:58- you can't be a
- 7:59- a leader of physician practices,
- 8:02- leader of physician groups. It it with without
- 8:04- ultimately liking physicians
- 8:06- and the bright driven people that you work
- 8:08- with, I I I take it that must
- 8:10- be a fair statement. I remember a Yes.
- 8:12- A hospital leader years ago saying,
- 8:15- if you're
- 8:16- a lion tamer and you hate lions, it's
- 8:18- no good to be a lion tamer. If
- 8:20- you're a physician leader or working with physicians,
- 8:23- you better like physicians and you get so
- 8:25- many you get some hospital leaders, not as
- 8:27- many as you use, there's some practitioners
- 8:29- that that almost viewed physicians as a necessary
- 8:31- evil. But do this right, you better really
- 8:33- like and connect and and and be in
- 8:35- a,
- 8:36- in a leadership and a service role. Right?
- 8:39- Yes. Yes. I think that, you know, again,
- 8:41- going back to what keep me keeps me,
- 8:44- staying in in health care is that idea
- 8:47- of
- 8:47- of providing medical care. I I know I
- 8:49- don't touch the patient. I'm not really involved.
- 8:52- The docs are the main drivers of that,
- 8:54- but I think the the ecosystem that we
- 8:56- develop
- 8:57- allows the the physician to to thrive,
- 9:01- whether it's picking the right staff, picking the
- 9:03- right billing,
- 9:04- team,
- 9:06- just all the different things, technology, etcetera. Just
- 9:09- my goal, I think it's more around,
- 9:11- I'm more like the producer of the show
- 9:13- or the guy that's running the circus more
- 9:16- than the lion tamers.
- 9:17- The the you know, always people tell me
- 9:19- how do you get,
- 9:21- you know, birds to fly in a straight
- 9:23- line or something like that. I would say
- 9:24- eagles. It's hard to get eagles to start
- 9:27- to to all work together and go in
- 9:29- the same direction. And I think that's,
- 9:31- a a thesis I bring to groups right
- 9:33- away where I feel like you have to
- 9:35- all be, in the same boat, rolling in
- 9:37- the same direction, showing the same flag with
- 9:40- the same vision and mission. And if we
- 9:42- do that, we can accomplish anything we want
- 9:44- in any market at any time.
- 9:47- Yeah. And I I love that perspective. If
- 9:49- we're not getting we're getting Eagles we're working
- 9:52- with Eagles and getting them aligned or letting
- 9:55- them align and thrive. I love that. Talk
- 9:57- a bit about Alejandro.
- 10:00- Talk a little bit about I'm gonna ask
- 10:02- you about two subjects. First, what you're most
- 10:04- focused on and excited today,
- 10:06- and two,
- 10:07- about the career journey from desk clerk to
- 10:11- leader.
- 10:12- And maybe we'll start there, desk clerk to
- 10:14- leader. I I guess the first question and
- 10:17- and, you know, I I I'm probably a
- 10:19- little bit older than you,
- 10:21- but, you know Not much. But but my
- 10:24- my
- 10:25- my parents,
- 10:26- you know, as I moved out of straight
- 10:29- being a lawyer into media,
- 10:31- were like, you know,
- 10:33- what's wrong with you? Would you stick to
- 10:34- being a lawyer? Were your parents, in contrast,
- 10:37- so proud of you for moving
- 10:40- up this professional ladder from desk clerk to
- 10:43- getting an MBA to running major groups.
- 10:46- And I I you know, and and again,
- 10:48- I'm fortunate my parents are in their late
- 10:50- eighties and nineties. They're still alive. My dad's
- 10:52- got dementia, so not really with it. But,
- 10:55- ultimately, we're very proud of the evolution of
- 10:57- myself.
- 10:58- Your folks must have been thrilled. Can you
- 11:00- talk about that a little bit? And was
- 11:02- that heartwarming, or how did that look? Yeah.
- 11:04- So, I mean, I you know, my my
- 11:06- story from from my parents'
- 11:09- side is is very different.
- 11:10- My parents are Cuban, both born in Cuba,
- 11:14- left the Castro regime in the in the
- 11:17- sixties to through Spain.
- 11:19- And my my first instance that I that
- 11:22- you know, outside of my personal health care,
- 11:24- but, you know, my my dad always talks
- 11:26- about my dad my grandfather, which I've never
- 11:28- met, dying of lung cancer in Puerto Rico.
- 11:30- That's how they ended up in Puerto Rico.
- 11:32- That's where I was born. I was born
- 11:34- in Puerto Rico originally with my brothers. I
- 11:36- have two other brothers. And I'm the oldest
- 11:38- of the three. So my my dad always
- 11:41- they they had they have bridal stores. So
- 11:43- that that was the the family business. That's
- 11:45- where I would I spend my summers, you
- 11:46- know, doing learning how to answer the phones
- 11:48- and doing sales and the cash register. So
- 11:51- I lived in a very entrepreneurial
- 11:53- family. So it was always expected to a
- 11:55- degree,
- 11:57- from, you know, having three brothers that the
- 11:59- the oldest would take over the business or
- 12:01- or Dee somehow involved in a very entrepreneurial
- 12:03- business. And I've always taken,
- 12:06- my my my, you know, my course or
- 12:08- my life in in health care and that
- 12:11- I've never seen myself as the just the
- 12:13- administrator or the office manager or even the
- 12:16- health care executive. I always see myself as
- 12:18- somebody who's very entrepreneurial,
- 12:19- helping, working with teams, working with a lot
- 12:22- of people, and building something bigger and better.
- 12:24- And, of course, they were very proud of
- 12:26- me, particularly
- 12:27- the first one to graduate, you know, from
- 12:29- college. Both my my mom and my dad
- 12:30- just basically had a a high school degree,
- 12:32- again, immigrated from from Cuba into The States.
- 12:36- And, and, you know, part of the story,
- 12:38- again, for them, it's it's really cool because
- 12:40- they helped not only my my my my
- 12:43- cousins and my uncles,
- 12:45- leave Cuba
- 12:46- in, in in the, early eighties.
- 12:50- But they went in they went to Cuba.
- 12:52- They got the fishing boats and and pulled
- 12:54- all these people out, not just my family,
- 12:55- but hundreds of people. So I've always seen
- 12:58- this this thrive to be better.
- 13:01- I guess, it's the typical immigrant story. I
- 13:03- didn't really lived it. They lived it, but
- 13:04- I always feel like a second generation
- 13:06- Cuban American, you know, even though I was
- 13:08- born in Puerto Rico. It's just the the
- 13:09- idea that you always have to excel and
- 13:12- grow. So when I took this first job,
- 13:15- and I was just basically
- 13:17- doing front desk and kinda, like, just needed
- 13:19- money to to put my myself through to
- 13:21- college,
- 13:22- I saw that the opportunity to to learn
- 13:25- more, to see how the business ran, how
- 13:27- do you improve it, how do you make
- 13:28- things different, how do you create something bigger
- 13:31- and better than what it is today.
- 13:33- And from there, I went, you know, from
- 13:34- a small clinic in in Miami to then
- 13:37- running my first administrative,
- 13:39- group, which was also in gastroenterology. I spent
- 13:41- a lot of time in gastro. And then
- 13:43- I did some some stent in allergy and
- 13:46- and asthma and so on. And then when
- 13:47- I bit went back
- 13:49- to to GI Care, which was the the
- 13:51- founding group of Gastro Health. So I was
- 13:53- I've been in Gastro on and off probably
- 13:55- around fifty years,
- 13:56- and I I really love the idea that
- 13:59- I I grew from in the business, not
- 14:01- I was an executive that just finished in
- 14:04- a master's degree and then went through some
- 14:05- type of fellowship. If I would have done
- 14:07- that, I probably would have been a hospital
- 14:09- administrator, but I I really love the independence
- 14:11- of physician practice, the entrepreneurial
- 14:14- life that they live.
- 14:15- Physicians, you know, have
- 14:18- to thrive
- 14:19- and and or die. The business dies through
- 14:21- their p and l, through cash flow. They
- 14:23- have to they have to succeed, and the
- 14:25- pressures that are being put on them and,
- 14:28- you know, whether it's the government or the
- 14:30- payers or just expenses. I mean, we live
- 14:33- in this economy where our our our revenues
- 14:36- is fixed or or or or basically managed
- 14:39- by somebody else, and then the the expenses
- 14:41- continue to to go higher based on, you
- 14:44- know, the the market and the economy.
- 14:47- So, Alejandro, let me ask you this question.
- 14:49- What a magnificent career,
- 14:51- magnificent
- 14:52- growth,
- 14:53- so much to be so proud of. Just
- 14:55- a fantastic
- 14:56- another fantastic story
- 14:58- of we're all immigrants here. We're second or
- 15:01- third generation, not first generation, but my grandparents
- 15:04- immigrated here. My parents are born here than
- 15:06- me. But it's all of us come from
- 15:08- similar but different backgrounds and fascinating. I love
- 15:11- that. Take a second on what are you
- 15:14- most focused on and excited about as we
- 15:15- finish 2026
- 15:17- and head into next year? Yeah.
- 15:20- The the biggest thing is are is what
- 15:22- I'm building with with the an amazing team
- 15:24- of physicians and
- 15:26- executives and and staff,
- 15:29- particularly around the integrated platform,
- 15:32- the surgery center especially,
- 15:33- but bringing in surgery, anesthesia, imaging, PT,
- 15:38- DME, all under one roof,
- 15:40- under a physician led model.
- 15:43- You
- 15:44- know, the operational is is brutal. The staffing,
- 15:46- the workflows, the payer, our relationships, governance amongst
- 15:50- the partners, all of it at once. So
- 15:53- always looking to,
- 15:55- you know, the one concrete win, I would
- 15:56- say, is, we brought imaging in house,
- 15:59- reduced times. We brought in a Seashire in
- 16:02- house, with a shortage of physicians
- 16:05- out there and the whole program on, stipends
- 16:08- being paid by both ASCs and and hospitals
- 16:11- being able to do that,
- 16:12- and and control that that that cost and
- 16:15- also be able to thrive from it as
- 16:17- an ancillary revenue stream.
- 16:19- We did partner with USPI on the operational
- 16:22- scale. As you know, I've been involved with
- 16:24- many ASCs, but I tend to thrive mostly
- 16:26- around the physician practice management side of the
- 16:29- business. Plus we wanted somebody,
- 16:31- that allowed physician ownership and and clinical control,
- 16:35- but at the same time brought in all
- 16:37- the the economics
- 16:38- and improved the integrating everything that we're doing.
- 16:41- You know, so just building a generally
- 16:44- physician led, physician aligned organization that,
- 16:48- overall will make it very doable in the
- 16:50- future.
- 16:51- Thank you so much. Alejandro, I it was
- 16:53- so nice to see you in Chicago recently.
- 16:56- You're one of the best people I get
- 16:57- a chance to visit with. Love getting a
- 16:59- chance to talk to you. Thank you for
- 17:01- taking the time to join us today on
- 17:02- the Becker's healthcare podcast. What a pleasure to
- 17:05- visit with you as always. Thank you so
- 17:07- much. Thank you. Thank you very much. Thank
- 17:09- you, Scott.