ABOUT

ABOUT

PATRICK J. MCMAHON, CPA, MBA

PRESIDENT & CEO | McMahon & Associates, LLC

SENIOR EXECUTIVE IN STRATEGY, FINANCE & HEALTHCARE DEVELOPMENT

Patrick McMahon is a highly experienced senior executive specializing in strategy, finance, and business development. With decades of leadership experience across Board of Directors roles and senior management, he brings deep expertise in healthcare, senior living, the legal profession, and Catholic Diocese.

In 2005, Pat founded McMahon & Associates, LLC - a specialized consulting firm offering strategic, financial, and healthcare advisory services. The business also provides interim CEO and CFO leadership, along with Board of Directors consulting.

Patrick's areas of expertise include:

Brokering the sale of businesses
Financial turnarounds
Strategic planning and execution
Board governance and leadership
Revenue growth and cost optimization
Debt financing and capital restructuring
Mergers and acquisitions (M&A)
Healthcare systems integration

His executive background includes serving as Chief Financial Officer (CFO) for several major healthcare systems and as a Partner at one of the "Big Four" international accounting firms.

KEY ACCOMPLISHMENTS:

Strategy Advisory & Executive Leadership

Brokered the sale of a senior living community exceeding $10 million in value.
Delivered strategic and financial consulting to a prominent law firm over a five-year period.
Led development and execution of corporate strategic plans for:
- Multiple health systems
- Major senior living communities
- A regional Museum of Art & History
Provided executive coaching to CFO of a large Continuing Care Retirement Community (CCRC).
Advised and directed strategy for a national surgery center organization and its Ohio market operations.

Financial Turnarounds & Operational Efficiency

Spearheaded cost reduction and revenue enhancement initiatives across health systems and corporations - most notably a $27 million financial turnaround for a major health system.
Directed debt refinancing strategies, achieving annual savings in the seven-figure range.
Oversaw the financial and strategic management of a multi-million-dollar shareholder buyout.

Mergers, Acquisitions & Integrations

Played a key role in the acquisition and integration of:
- Hospitals, nursing homes, and physician practices
- A regional health plan
- A major home health business
- Medical equipment companies
- Joint ventures in surgery centers, sleep labs, radiation oncology, and neonatal care
Centralized and streamlined systems across acquisitions, including:
- Information technology
- Purchasing
- Accounting
- Treasury functions
Resulted in standardized operations, reduced redundancy, and enhanced performance.

Healthcare Facilities & Capital Projects

Directed a $16 million outpatient facility project from feasibility to construction; supported physician recruitment to drive revenue growth.
Provided financial leadership in the development of a nationally recognized health and wellness center.
Conducted a comprehensive financial review for a leading orthopedic specialty hospital, resulting in actionable performance recommendations.

Investment & Risk Management

Developed and implemented investment strategies across equity and fixed-income assets to improve returns while managing risk.
Established and managed multiple offshore captive insurance companies for hospitals and physician groups.

Board Leadership & Governance

Served in leadership roles on numerous for-profit and nonprofit Boards of Directors, with a strong focus on finance and strategic oversight.
Key leadership roles include:
- The Village of St. Edward Senior Living Community - Board member, Past Chairman, Finance Chair, and Strategic Planning Committee Chair
- Akron Zoological Park - Board Member, Past Chairman

Education & Certifications

MBA, Finance - Kent State University
BBA, Accounting (Magna Cum Laude) - Kent State University
Certified Public Accountant (CPA) - State of Ohio

Professional Affiliations

JOHN P. STONER, CPA (inactive), MS

PRINCIPAL | McMahon & Associates, LLC
johnstonervt@gmail.com

SENIOR EXECUTIVE IN STRATEGY, FINANCE & HEALTHCARE DEVELOPMENT

John P. Stoner is a seasoned executive with extensive experience in healthcare strategy, finance, and organizational leadership. As a Principal at McMahon & Associates, John brings decades of proven success in guiding healthcare and senior living organizations through growth, transformation, and financial recovery.

John most recently served as Interim Executive Director of St. Joseph Care Center (SJCC) and continues to provide advisory support to SJCC's Interim CEO. From 2013 to 2023, John was President & CEO of The Village of St. Edward, where he led the organization through a decade of expansion, financial growth, and mission-driven care delivery. Prior to that, he served as Senior Vice President of Finance and Strategic Planning at United Church Homes (UCH) in Marion, Ohio, where he was instrumental in leading the organization's financial turnaround and long-term strategy.

Earlier in his career, John held key leadership roles at Akron Children's Hospital, including Executive Vice President, Chief Operating Officer (COO), and Chief Financial Officer (CFO). His tenure there was marked by operational enhancements and significant contributions to strategic and financial planning.

John has demonstrated a long-standing commitment to governance and community service. His board involvement includes Catholic Diocese of Cleveland Catholic Charities, Diocese of Cleveland Facilities Corporation, and multiple other for-profit and nonprofit boards supporting healthcare and community development initiatives.

KEY ACCOMPLISHMENTS

Strategic Leadership & Organizational Growth

Brokered the sale of a senior living community exceeding $10 million in value.
Led expansion of a senior living organization from single-site to multi-site operations.
Served as Interim CEO of a major senior living community; mentored successor CEO.
Directed strategic planning for multiple senior living organizations.
Guided financial and operational turnaround of a distressed senior living network.
Formed joint ventures in hospice and home health with multiple partners.
Led and advised on acquisitions, divestitures, and business transitions.
Provided strategic and financial consulting across healthcare and human services.

Executive Leadership & Healthcare Operations

Served as COO and CFO of a major children's hospital; restored profitability through restructuring and growth.
Led strategic planning initiatives across healthcare and senior living sectors.
Recruited and contracted physicians to strengthen clinical operations.
Oversaw key departments including finance, HR, marketing, legal, and fundraising.

Finance & Capital Management

Directed four tax-exempt bond financings and refinancings.
Established and grew an investment portfolio from $50M to $200M.
Participated in feasibility studies for major hospital projects.
Conducted operational reviews for nonprofit organizations.

Board Leadership & Governance

Served on Boards of numerous nonprofits, often as Chair or committee lead, across healthcare, senior living, education, and philanthropy.
Key leadership roles include:
- Eliza Jennings Senior Living Network - Board of Directors; Chairman, Strategic Planning Committee
- Our Lady of the Elms School & Foundation - Board of Trustees; Trustee Emeritus
- The Remarcable Foundation (Boston, MA) - Board of Directors; Treasurer

Education & Certifications

MS, Accounting - Kent State University
BS, Accounting - University of Dayton
Certified Public Accountant (CPA) - State of Ohio (inactive)