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1310 Calle Dalmacia
MedHoldings, Inc. is a corporation organized under the laws of the Commonwealth of Puerto Rico, USA. It is the management and services entity of various related companies with holdings in the healthcare area. Our affiliated entities serve as healthcare re...
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Chairman Medholdings, Inc.
Mr. Milton L. Cruz, Esq.
President, Med Holdings/The Residence Senior Living
Puerto Rico Conference 2012
Mr. Milton Cruz, Esq.
Board Member of the Foundation for Puerto Rico
Milton Cruz, CEO of San ...
Milton Cruz, CEO of San Pablo Health System, said his hospitals have had no problem obtaining financing despite stricter lending policies and incredible pressures on the industry, because his management team is focused on running a tight, cost-efficient operation.
"As long as you can prove that you are running an efficient operation, banks will respond favorably," said Cruz.
He offered as an example San Pablo's Central Business Office, which electronically centralizes the billing procedures of the three hospitals that are part of San Pablo.
"This office helps us keep the number of billing errors to a minimum, which also helps insurers pay claims in a timelier manner, improving the hospitals' cash flow," said Cruz.
Milton Cruz Esq. : ...
Milton Cruz Esq. : Secretary
President, MedHoldings, Inc.
a healthcare real estate investment and management company which owns, through affiliates, Assisted Living and Memory Care Communities in Georgia, Florida and Puerto Rico.
Mr. Cruz was President and CEO of Puerto Rico's premier hospital network for 10 years, the San Pablo Health System (three Hospitals with 770 beds and an Ambulatory Surgery Center).
The System was sold to Universal Health Services, Inc
(NYSE: UHS), the USA third largest hospital management company.
Mr. Cruz served as UHS CEO for the PR market for over six years.
After Mr. Cruz's
tenure as CEO of UHS operations in Puerto Rico he
acquired a hospital that had financial challenges.
After such hospital financial condition improved, he
sold the hospital to a multi hospital company.
Thereafter, Mr. Cruz
founded and operated Estancia HomeCare, a Medicare Certified Home Health Care Agency
, which he
later sold to Amedisys (NASDQ:AMED).
Mr. Cruz was Chairman and President of the Puerto Rico Hospital Association and President of the Puerto Rico Chapter of the American College of Healthcare Executives.
He holds a Masters of Laws from Georgetown University, a Juris Doctor from Boston University, a BA from Mercer University, Macon, Georgia and a Masters of Health Services Administration from the University of Puerto Rico.
has received numerous awards and recognitions, including, Top Management Award, Top Ten Business Leader of PR, and the Regent Award from the American College of Healthcare Executives
Mr. Cruz is a Fellow of The American College of Healthcare Executives.
Mr. Cruz is a Board Member at SER de Puerto Rico, a nonprofit that provides rehabilitation and educational services to children with disabilities.
He is also a Member of the Board of Trustees of Mercer University.