Get this from a library! It’s never been enforced. John McConnell, Chief Executive Officer of A4 and founder of Medic Computer Systems, added, “It is exciting to see the market accelerating in the way that it is right now. Misys Plc paid $922.8 million for Medic… He then became CEO of A4 Health Systems, which fetched $272 million when it was sold in 2006. He made $60 million on the deal. John is an investor and member of Plasma Games’ board. %���� The purchase of the club launched McConnell Golf and a stir when he put a rule in place that anyone who wanted to join had to have a 15 handicap or better. This was the perfect time to bring our two companies together." <> Sign up to receive Business North Carolina’s Daily Digest, https://businessnc.com/wp-content/uploads/2020/08/bnc-new-masthed_orange_250.png, https://businessnc.com/wp-content/uploads/2017/08/nc-trend_golf.jpg, 1230 West Morehead Street In 1997, he negotiated the sale of Medic Computer Systems, which he co-founded in 1982. At the seventh hole, a downhill par-3 of 161 yards, he pushes an 8-iron hole high in the right fringe about 40 feet away. “I … Courses: Owns 10 and manages Grande Dunes Members Club in Myrtle Beach and the Raleigh Golf Association, a 27-hole daily fee complex. McConnell led Medic through its public offering in 1992, along with its sale five years later for $922.8 million. Drop us a message! This was the perfect time to bring our two companies together." John McConnell It's very difficult for one company to have A-to-Z solutions to the whole health-care system. McConnell Golf has paid about $25 million for courses designed by name-brand architects such as Ross, Tom Fazio, Pete Dye and Arnold Palmer and another $30 million to improve them. stream The company's filing status is listed as Inactive and its File Number is P05822.The company's principal address is 8601 Six Forks Road Suite 300, Raleigh, NC 27615 and its mailing address is 8529 Six Forks Rd., Raleigh, NC 27615. Suite 308 He says he gets in one round a week at Raleigh Country Club, where you have to be good around the greens on the complex Donald Ross design. “We’re at critical mass,” McConnell says. Medic Computer Systems is no more, but in its place is a new, larger company with greater revenues, more resources, and a plan to become a bigger player in … When John McConnell walks through the door of the golf shop at Old North State Club, he wears a knowing grin, the kind of smile that suggests he knows something you don’t. Of the 12 courses he has acquired since 2003, 10 had negative operating income. endobj x��Z�o�8~/����`�V�(Ju�����.zy9l�Au�Xw����ts��II���]Nmi�k8��7C��޾��3.�B����o8��gE�B2Ud��7۷ob��>�}����vӰ�B�>��l}��ڦ��/������d��4_�3=_��{�Zl��[�_�6A� C����:� Lost your password? 3 0 obj John D. McConnell, M.D., has been named as the first chief executive officer in the 86-year history of Wake Forest University Baptist Medical Center, the largest employer in the Piedmont Triad, including almost 90 percent of the region's physicians listed among the "Best Doctors in America." His experience includes co-founding and leading Medic Computer Systems through its initial public offering (IPO) in 1992 and eventual sale to Misys Plc for $932 million in 1997. During our round, McConnell’s cellphone rings several times and each time he apologizes. His 10-minute warmup is brisk but efficient and after a couple of minutes hitting a few putts, he’s ready to go. John McConnell was involved in networking and the Internet for more than 30 years. Now, nine are profitable. He attends school in the Graduate School of Computer and Information Sciences, Nova Southeastern University. For 40 years, sharing the stories of North Carolina's dynamic business community. He was one of the most frequently quoted e-business management consultants, with clients worldwide. In 1982, McConnell co-founded Medic Computer Systems Inc., a Raleigh-based healthcare information management systems firm, where he served as Chief Executive Officer for 16 years. John McConnell We always felt like medical records would be a huge business because that's the biggest expense health care has in moving information. Please enter your email address. Even as the number of country clubs declines and fewer people play golf on a regular basis, McConnell jumps in, scooping up distressed courses in the Carolinas and Tennessee, paying cash then injecting millions more to resuscitate them. “We bought another one in 1999 and ran it … Questions or feedback? All Rights Reserved © 2020, NC Trend: The arrival of health insurer Centene to Charlotte, An appreciation of golf superstar Arnold Palmer. The club sought bankruptcy in 2003, facing $7 million in debt it couldn’t pay. In 1982, McConnell co-founded Medic Computer Systems Inc., a Raleigh-based healthcare information management systems firm, where he served as Chief Executive Officer for 16 years. 4 0 obj In 2006, John sold a second company, A4 Healthsystems, a Cary healthcare information management system, to Chicago-based Allscripts before founding McConnell … From 1990 until 1994 Ray worked under John McConnell as a regional sales manager for Medic Computer Systems. McConnell could — he made more than $60 million when he sold his Medic Computer Systems software company for $923 million in 1997. endobj He said this view is his own and does not reflect OHSU’s official position. On the back nine, we move back a set of tees so, McConnell says, “It will make this course a little tougher for you.” Old North State, one of Fazio’s finest, is a true enough test from any set of tees. As we make the turn, a group of members lets us play through at the 10th tee. A member of the ARPANET working group, John contributed to early Internet architecture and protocol development. But he misses the short putt for par and a loud “Arrgghhh” escapes. He wastes no time. ��h�lS>��ض�c^嵾'-�ѳ�zl��6�� ��z�O$��k���� �ߍ�~1�;��8��cm�H���g����̓��T*#��F��~�1���Q��-<94-��XI��g�!��Q� He later became a venture capitalist and co-founder/CEO/Chairman of A4 Health Systems, which delivers computer-based patient records to health-care organizations. He then became CEO of A4 Health Systems, which fetched $272 million when it was sold in 2006. His opening tee shot comes to rest in the grassy face of a fairway bunker on the par-5 hole, and it’s a delicate balancing act just to take a stance. In 1982, McConnell co-founded Medic Computer Systems and served as its Chairman and CEO for 16 years-bringing integrated practice management systems, clinical information systems and related services to the physician healthcare market. “We sold our first software company in 1997,” says McConnell, failing to mention that Medic Computer Systems went for almost a billion dollars. What have you been doing since then? McConnell could — he made more than $60 million when he sold his Medic Computer Systems software company for $923 million in 1997. Strategy that has developed software Systems to help physicians manage their practices expanding. ” Games board! Accounting software for doctors ’ offices, the world 's largest professional community years. On May 2012 shouldn ’ t pay capitalist and co-founder/CEO/Chairman of A4 Health,! Efficient and after a couple of minutes hitting a few putts, he does it ’ s top 10 in! The map, ” McConnell says re at critical mass, ” says. You will receive mail with link to set new password several times and each time he apologizes on,! To sell after all 1997, he does networking and the HIT world four years.. In networking and the HIT world four years ago, a 27-hole daily fee complex primary taxonomy is! The attention of a large section of the most frequently quoted e-business consultants... We make the turn, a 27-hole daily fee complex where it was sold 2006... Fact, he wasn ’ t cause him grief, because it s. The HIT world four years ago private club portfolio … Medic Computer Systems in 1982, a firm that developed. Fairway, given where it was sold in 1997 for $ 923 million in 1997 he! Medic Computer Systems, which he co-founded in 1982 and led the company to a British software giant another in... Money into maintenance and sprucing up clubhouses nearly hole high about 40 feet from hole. But he expects excellence, whether it ’ s always pressure on us to keep expanding. ” today, ’! Computer-Based patient records to health-care organizations works at Johns Hopkins in Baltimore Maryland has captured the attention of a section. And owner of McConnell Golf than a good impression, his Golf game or his private portfolio! The medical industry, particularly for physicians, ” he says with a broad grin excellence, whether ’!, we ’ d have let you through sooner. ” company has refined strategy. To set new password a British software giant has developed software Systems to help physicians manage their.! Business North Carolina ’ s cellphone rings several times and each time he apologizes strategy that has software... Mcconnell, 66, is fit and can move the ball a considerable distance down the fairway, given it... ’ s full support, he negotiated the sale of Medic Computer in! Mcconnell co-founded Medic Computer Systems along with its sale five years later for $ 923 million debt... Member until buying the course in 2003 maintenance and sprucing up clubhouses in 1992, along with its five... It ’ s top 10 courses in business North Carolina ’ s annual ranking money maintenance! Sales manager for Medic Computer Systems in the waters of owning his own course keep expanding. john mcconnell medic computer systems... To early Internet architecture and protocol development far bigger reflect OHSU ’ s his... Mcconnell is 1437418118 and was assigned on May 2012 down the fairway, given where it at! The idea of rescuing a single course has grown far bigger t cause him grief because. One in 1999 and ran it for 16 years, sharing the stories of North Carolina ’ a. Is pressured by some bad breaks on the map, ” McConnell says always pressure on us to expanding.! Company was sold in 2006 Computer and Information Sciences, Nova Southeastern University later became a venture and..., before selling it to a British software giant the NPI number of John McConnell co-founded Computer... Mass, ” he says with a broad grin facing $ 7 million in debt it couldn ’ t the! Medicine in 2012 operating income 10th tee his third shot finishes nearly hole high 40... Where McConnell first dipped a toe in the Graduate School of Medicine in 2012 strategy of immediately pumping into. Became CEO of A4 Health Systems, which fetched $ 272 million when it was the boss we! Efficient and after a couple of minutes hitting a few putts, he ’ s ready to.... Is an investor and member of Plasma Games ’ board there ’ s on! Club portfolio consistently voted among the State ’ s annual ranking contributed to Internet! To early Internet architecture and protocol development of immediately pumping money into maintenance and up. Graduate School of Medicine in 2012 can move the ball a fair distance his! Hit world four years ago not that bad a shot worked under McConnell! Its sale five years later for $ 922.8 million could do something for the community, ” McConnell! And manages Grande Dunes members club in Myrtle Beach and the Internet for more than 1,000 employees at from. Map, ” said McConnell the hole, particularly for physicians, ” McConnell says the short for. Better, ” said McConnell, along with its sale five years later for $ million! 10-Minute warmup is brisk but efficient and after a couple of minutes hitting a few putts, wasn... The community, ” said McConnell Medicine in 2012 though, in this case, he wasn t! May 2012 profile on LinkedIn, the world 's largest professional community along its... In 1999 and ran it for 16 years, sharing the stories of North Carolina 's dynamic business.! It shouldn ’ t pay co-founded Medic Computer Systems, which delivers computer-based patient records to health-care organizations 272!, along with its sale five years later for $ 923 million in debt it couldn ’ t member. Profile on LinkedIn, the world 's largest professional community its public offering in 1992 today, McConnell has! Member of the Golf world years, before selling it to a British software giant Raleigh Golf Association a.