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Biographies

STEPHEN J. DRESNICK, MD, FACEP
Founder and Managing Partner
Stephen J. Dresnick, MD is the Managing Partner of Dresnick Healthcare
Advisors. From 2006-2008 Dr. Dresnick served as the President of Surgem of Florida,
a developer and manager of ambulatory surgery centers. Prior to Surgem, Dr. Dresnick
was founder and CEO of Solis Healthcare, which acquired and managed two general
medical hospitals, totaling 300 beds and revenues in excess of $110 million annually,
in Philadelphia, Pennsylvania. From 2004-2005 he was CEO of Sterling Healthcare,
a clinical outsourcing company he bought out of bankruptcy, which contracted with
215 hospitals in 32 states and which had revenues of $350 million in 2005. From
1999 through 2004, he was president of Sterling Health Solutions, which was a medical
billing company focused on hospital based specialties. From 1987 through 1998, Dr.
Dresnick served as President and Chief Executive Officer of Sterling Healthcare
Group, Inc. (nasdq:STER) from its founding through its sale to FPA in 1996 in a
transaction valued at $220 million.
Sterling was highlighted over the years in a variety of forums, being named number
six on the Inc. 500 list in 1992, ranking 53 in the Miami Herald’s top Florida companies,
and ranking 101 in Florida Trend’s top 250 public companies. In 1996 Sterling was
listed number 31 by Business Week Magazine of ”hot growth companies.”
Sterling Healthcare Group, Inc. was acquired by FPA Medical Management, Inc. (nasdq:FPAMM)
of San Diego, California in October of 1996. From 1996 to 1998 Dr. Dresnick continued
to serve as President of Sterling and also served as Vice Chairman of the Board
of Directors of FPA. In March 1998, Dr. Dresnick became the President and Chief
Executive Officer of FPA, and led its successful restructuring including its ultimate
sale to Coastal Physicians’ Group and Humana Health Plan. At the time of the sale,
FPA had operations in 42 states and had revenues in excess of $3 Billion. Dr. Dresnick
re-acquired Sterling in 2004 along with the assets of Coastal and renamed the company
Sterling Healthcare.
Twice a finalist for the Greater of Miami Chamber of Commerce “Cutting Edge Award,”
Dr. Dresnick was recognized in 1996 by Ernst and Young, USA Today and NASDAQ as
Florida’s Healthcare Entrepreneur of the Year. In addition, Dr. Dresnick was chosen
for the “Physician Business Leadership” award by Medical Business of South Florida
during 1996.
Dr. Dresnick graduated from the University of North Carolina at Chapel Hill after
32 months of study and was elected to Phi Beta Kappa. He completed medical school
at the University of Miami in 1975 and was elected into Iron Arrow, the highest
honor at the university. Dr. Dresnick completed his residency in Emergency Medicine
at UCLA. Prior to founding Sterling, Dr. Dresnick was the academic chairman and
founding director of the Emergency Medicine Residency Program at Orlando Regional
Medical Center. He later went on to serve the same institution as Vice President
of Medical Education, where is had administrative responsibility for 16 departments
and a budget of over $100 million annually.
Dr. Dresnick is a Professor of Emergency Medicine at the University of North Carolina
at Chapel Hill. He also served on the Board of Directors of the Florida International
University Foundation. He served as Chairman of fundraising for the South Florida
Annenberg Challenge raising $55 million which was matched by the Annenberg Foundation.
He was Chairman of the U of Miami School of Nursing Building Campaign and Chairman,
Development Committee for the Emergency Medicine Learning and Resource Center in
Orlando, Florida
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- Physician Practices
- Hospitals and Health Systems
- Ambulatory Surgery Centers
- Diagnostic Imaging Centers
- Medical Device Companies
- Biotechnology Companies
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