For over 25 years and across more than 100 organizations, Mr. Pillari has worked as an adviser, Chief Restructuring Officer and Chief Executive Officer in the healthcare industry. Recent Life Sciences experience includes toxicology and clinical reference laboratories, as well as biotech and diagnostic device manufacturers and distributors. Recent Services experience includes senior living facilities, integrated healthcare systems, and managed care organizations.
He has direct operational experience as an interim manager and financial adviser to both debtors and creditors and has been involved in all aspects of the reorganization and turnaround process, including formulating and evaluating business plans and capital structure, developing turnaround strategies, preparing forecast models and short- and long-term cash flow plans. He has overseen the development and implementation of lender forbearance agreements and has been involved in more than $5.0 billion of in- and out-of-court debt and equity restructurings.
Prior to joining A&M, Mr. Pillari was the CEO of CBCA Inc., a health benefits outsourcing company that managed more than $1 billion of medical costs annually on behalf of corporate customers. Before that, he was co-founder and CEO of Solucient (nka Truven Health Analytics, an IBM Watson Health Company), a leading provider of healthcare information and decision support. Mr. Pillari led Solucient from its start-up through its initial public offering and managed it as a public company for four years before its sale.
Mr. Pillari earned a bachelor's degree from The Johns Hopkins University, where he also worked at The Johns Hopkins Center for Healthcare Finance and Management. He has authored numerous articles and studies, and has served as a speaker and commenter across the healthcare industry. He was named an Ernst & Young Healthcare Entrepreneur of the Year.