Michael Sylvester
About Michael Sylvester
Michael Sylvester serves as the Vice President of Business Development at Cloudmed, where he has worked since 2021, contributing to the recovery of over $1.5 billion in underpaid revenue for clients. He has extensive experience in healthcare finance, having held leadership roles at Managed Care Revenue Consulting Group and Continuum Health Partners.
Work at Cloudmed
Michael Sylvester has served as the Vice President of Business Development at Cloudmed since 2021. In this role, he has been instrumental in initiatives that have enabled the company to recover over $1.5 billion in underpaid or unidentified revenue for its clients each year. His leadership has contributed to Cloudmed's recognition in the industry, including the 2021 Best In KLAS award in the Revenue Integrity/Underpayment Services and Robotic Process Automation segments. Additionally, he has played a significant role in establishing partnerships with over 3,100 healthcare providers across the United States.
Previous Experience
Before joining Cloudmed, Michael Sylvester worked at Managed Care Revenue Consulting Group (MCRC Group) as a Managing Partner from 2011 to 2021. His earlier experience includes a tenure at Continuum Health Partners, where he held the position of Director from 1992 to 1999 and later served as Assistant Vice President of Managed Care Finance and Operations from 1999 to 2011. His extensive background in healthcare revenue management spans nearly three decades.
Education and Expertise
Michael Sylvester earned a Bachelor of Science degree from Fordham University, where he studied from 1981 to 1985. His educational background, combined with his extensive experience in business development and revenue management in the healthcare sector, has equipped him with the expertise necessary to drive significant financial recoveries for clients.
Achievements
During his time at Cloudmed, Michael Sylvester has been a key contributor to the company's success, particularly in achieving the 2021 Best In KLAS award in specific service segments. His efforts in business development and partnership building have also led to substantial revenue recovery for healthcare clients, underscoring his impact in the industry.