LAKE MARY, Fla., Feb. 1, 2011 /PRNewswire/ -- Access MediQuip (AMQ), the nation's first and largest provider of surgical implant management solutions, announced the appointment of Prakash Patel, M.D. to chief executive officer. He currently serves as the company's chief operating and chief clinical officer, and brings over 14 years of health care experience to the CEO position, including operations, product development, network, alliances, acquisitions and strategy. As part of a planned transition, Patel replaces outgoing CEO Tim Hargarten who will continue to provide his strategic insight and expertise as a member of AMQ's Board of Directors.
"On behalf of Access MediQuip's Board of Directors, I am very pleased that Dr. Patel will be leading the company going forward," said Steve Cosler, chairman of the board of AMQ. "He will continue to build on the progress the company has made under Tim Hargarten's leadership, positioning the company for continued growth and leadership in this important and emerging specialty health sector of surgical implant management."
Since he joined AMQ in November 2010, Patel has been leading the company's cost of care initiatives, which include manufacturer contracting, network development and management, site of care optimization, and clinical utilization management. He was also leading all provider and facility initiatives as well as device sourcing and clinical programs focused on the delivery of cost savings for payers and employers and improved clinical outcomes for patients.
"AMQ is a company that is in the right place at the right time," Patel said. "I look forward to building upon the strong foundation that Tim Hargarten and everyone at AMQ has created over the years. We will focus on speed-to-market strategies for the surgical implant sector to reduce rapidly increasin