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User:16912 Rhiannon/Quint Studer Career, Baseball and Investments

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Career

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Early career

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Following his graduation from college in 1973,[1] Studer spent ten years as a special education teacher at George S. Parker High School in Janesville, Wisconsin and Harvard High School in Harvard, Illinois.[2][3] After attending counseling for alcoholism, Studer began to work with teens with drug and alcohol problems, which led to his entry into the healthcare field in 1984.[4][5] In 1987, he became director of marketing for Mercy Hospital in Janesville, Wisconsin.[3] He later served for three years as senior vice president of business development for the hospital.[6]

In 1993, Studer became the COO of Holy Cross Hospital in Chicago, Illinois, where he was assigned the task of improving patient satisfaction. By focusing on improving conditions for employees, patient satisfaction increased from 3 to 73 percent within six months.[6][7] Other U.S. hospitals took interest in his success at Holy Cross and Studer began giving talks about his work there.[6] In 1996, Baptist Hospital of Pensacola, Florida hired Studer and soon named him its president.[8][9] Inc. Magazine named Studer a "Master of Business" in 1999 for his work at the hospital.[10] During his time at Baptist, Studer also began taking on more speaking engagements.[6]

Studer Group

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Studer formed Studer Group, L.L.C., a private health care consulting group focusing on operational performance of hospitals and health care systems, in 1999.[4][2][11] In 2000, he left Baptist Hospital to focus on his new company.[8][5] He also began speaking to groups outside of healthcare, including small businesses, school districts, and churches.[11][4][6]

In 2000 Studer developed a program for his first client, Tenet Healthcare, to improve patient satisfaction. According to Studer in an interview for Fast Company, the program was a success and helped Tenet's quarterly Wall Street earnings reach an all-time high. According to a report by Melissa Davis in TheStreet.com, however, Tenet's growth was sustained by aggressive and possibly illegal Medicare billing practices. She also noted that some Tenet nurses were unhappy with Studer’s training.[12]

In 2011, Studer sold 70 percent of his company to JMI Equity.[13] Following Chicago-based Huron Consulting Group's acquisition of the Studer Group in January 2015,[14] Studer gained stock in Huron and remained with Studer Group as part of its management team.[13]

Books

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As of 2014, Studer has authored six books starting with Hardwiring Excellence: Purpose, Worthwhile Work, Making a Difference.[5][2]

Baseball

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After forming Studer Group in 2000, Studer began to diversify his business interests. In 2002, Studer and his wife bought a minor league baseball team, the Pensacola Pelicans, which won that year's league championship.[15] They sold the Pensacola Pelicans in 2010 and bought another minor league baseball team, the Carolina Mudcats, a Double-A affiliate of the Cincinnati Reds. The complicated purchase involved 5 cities and 5 different minor league teams and a $17 million investment by the Studers.[16] Following the purchase, the Studers changed the Mudcats' name to the Pensacola Blue Wahoos and moved the team to Pensacola.[17]

Pensacola Maritime Park

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In the mid-2000s, Studer worked with the president and CEO of the Naval Aviation Museum Foundation and the then-president of University of West Florida to develop a plan for a maritime park in Pensacola, Florida, including a multi-use stadium for Studer's baseball team, a public park, maritime museum, and an extension of the University of West Florida's campus.[18][19][20] As of December 2014, Studer and his wife have invested $21.6 million in the park.[18]

References

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  1. ^ "Alumnus Quint Studer Honors Former Professor Florence Kopas" (Press release). University of Wisconsin-Whitewater. March 23, 2007. Retrieved 19 May 2015.
  2. ^ a b c "Quint Studer: Executive Profile". bloomberg.com. Bloomberg Business. Retrieved 20 April 2015.
  3. ^ a b James Leute (October 28, 2007). "Former Mercy exec hopes to deliver results". Gazettextra. Retrieved 22 May 2015.
  4. ^ a b c Troy Moon (February 2, 2009). "Quint Studer: Businessmen, activist, philanthropist, songwriter". Pensacola News Journal. Retrieved 17 April 2015.
  5. ^ a b c "Ad Age, Modern Healthcare Name Visionary IMPACT Award Winner". Advertising Age. August 19, 2014. Retrieved 17 April 2015.
  6. ^ a b c d e Rick Outzen (July 7, 2005). "The Story of a Fire Starter". The Independent News. Retrieved 17 April 2015.
  7. ^ Dennis Pillion (March 30, 2014). "Reds rainout still a win for Pensacola and its baseball architect Quint Studer". AL.com. Retrieved 17 April 2015.
  8. ^ a b Edwin Leonard (2012). Supervision: Concepts and Practices of Management. Boston: Cengage Learning. pp. 351–353. ISBN 978-1111969790. Retrieved 22 May 2015.
  9. ^ Adrian Gostick and Chester Elton (2006). The Invisible Employee: Realizing the Hidden Potential in Everyone. New Jersey: John Wiley & Sons. p. 57. ISBN 978-1400102228. Retrieved 22 May 2015.
  10. ^ Nancy J. Lyons (March 1, 1999). "The 90-Day Checkup". Inc. Magazine. Retrieved October 19, 2015.
  11. ^ a b Carlton Proctor (December 29, 2012). "Pensacola's Renaissance Man: Quint Studer is News Journal Person of the Year". Pensacola News Journal. Retrieved 17 April 2015.
  12. ^ Melissa Davis (September 2, 2003). "Tenet's Mr. Outside Has Inside Game Too". TheStreet.com. Retrieved 17 April 2015.
  13. ^ a b Beth Kutscher (January 27, 2015). "Huron to keep entire Studer Group management team". Modernhealthcare.com. Retrieved 17 April 2015.
  14. ^ "Huron Consulting acquires Studer Group". http://chicagosuntimes.com. Sun-Times Media Group. January 27, 2015. Retrieved February 5, 2015. {{cite web}}: External link in |website= (help)
  15. ^ Pensacola Baseball - Baseball in Pensacola: America's Pastime & the City of Five Flags By Scott Brown, 2013
  16. ^ D.C. Reeves (January 2, 2011). "Studer brings Double-A baseball to Pensacola". Pensacola News Journal. Retrieved 20 April 2015.
  17. ^ Blue Wahoos Add Color And Splash To The Southern League Of Baseball In 2012 - Baseballfarming.com, 2012
  18. ^ a b Rick Outzen (February 4, 2015). "Community Maritime Park – Past and Present". The Independent News. Retrieved 6 July 2015.
  19. ^ Duwayne Escobedo (November 9, 2006). "The story behind Pensacola' s most historic vote". The Independent News. Retrieved 16 July 2015.
  20. ^ The Ultimate Challenge: Studer ready to shape Pensacola area into a high performer - The Independent News, August 30, 2007
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