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Larry Gold



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June 24, 2008

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Larry Gold

An astute strategic planner with financial and operational business acumen, Larry Gold uses quality models to create nationally recognized programs, services and practices for the health care administration industry.

Since 2006, Larry Gold has served as principal at Gold Advisors, a Farmington, Conn., firm that provides consulting and advisory services to pediatric acute care providers in the United States and abroad. Key accomplishments over the past two years of operation include serving as primary advisor to an Egyptian Consortium chaired by First Lady, Suzanne Mubarak, during the Cairo Children’s Hospital planning and commissioning phases, during which Larry Gold provided Owner Representative services and coordination of all facets of pre-opening work. The state-of-the-art facility will serve as a leading pediatric cancer hospital.

Larry Gold also conducted membership marketing studies for the National Association of Children’s Hospitals and Related Institutions. And he guided a strategic planning and merger process with Southeastern acute care providers for a consolidation between Medical School Teaching Hospital, freestanding Children’s facility and two pediatric acute care providers.

Prior to founding Gold Advisors, Larry Gold served as president and CEO of the Connecticut Children’s Medical Center (CCMC) in Hartford, Conn., from 1997 to 2006. During his time at the CCMC, Larry Gold directed the activities of a freestanding regional, tertiary facility serving a four-state area with more than 150,000 patient encounters per year and 1,600 FTE’s. This $265 million+ corporation is home to the Pediatric Residency Program of the University of Connecticut School of Medicine.

Key achievements at the CCMC include: consolidating three competing pediatric facilities and their respective staffs and programs into a unified enterprise with shared culture and vision; orchestrating a $32 million turnaround by implementing a strategic/operational plan; achieving MMP national benchmark distinction as one of top five most efficient children’s hospitals; spearheading federal graduate medical education appropriation for freestanding children’s hospitals with 100% state delegation sign-on; and leading a major capitol campaign to fund expansion in five clinical areas.

During Larry Gold’s time at CCMC, his facility was ranked among the top 20 U.S. children’s hospitals by Children’s Magazine within its first seven years of opening. He was elected chairman of the board of the Connecticut Hospital Association after only five years state tenure.

From 1988 to 1996, Larry Gold served as assistant administrator, Women and Children’s Services and human resources, and also as administrator, Children’s Hospital at the Saint Francis Medical Center and The Children’s Hospital of Illinois, Peoria, Ill. Larry Gold worked to establish the148-bed acute-care regional pediatric teaching hospital, part of an eight-hospital system. His duties included operations, financial affairs and medical staff relations. Larry Gold was also active on state and federal levels to support children’s and women’s healthcare issues.

Larry Gold promoted hospital-wide reengineering through patient-centered care, self-directed teams, benchmarking and cost management. Saint Francis Medical Center was selected as one of 35 institutions to participate in the original Institute for Healthcare Improvement pilot with Dr. Donald Berwick.

From 1987 to 1988, Larry Gold worked as director, strategic development for The Western Pennsylvania Hospital in Pittsburgh, Pa. Larry Gold directed the strategic and business planning process, program development and performance enhancement of existing services. He implemented marketing and public relations efforts; investigated and introduced new technologies; and monitored environmental trends.

From 1980 to 1987, Larry Gold served as clinical social worker and coordinator of transplant services at the Children’s Hospital of Pittsburgh. There he was responsible for development and coordination of clinical and administrative components of the Transplant Program. Larry Gold developed protocols for finance, patient scheduling and reimbursement.

From 1982 to 1985, Larry Gold worked as an adjunct faculty appointee at the Graduate School of Social Work, University of Pittsburgh.

EDUCATION
Larry Gold earned a Master of Health System Management from Carnegie-Mellon University, Pittsburgh; a Master of Social Work, University of Pittsburgh; and a Bachelor of Arts, University of Pittsburgh.

COMMUNITY ACTIVITIES
Larry Gold served as chairman of the board of directors for the Connecticut Hospital Association, held several positions with the National Association of Children’s Hospitals and Related Institutes and served on the boards of several Hartford-area agencies, including the Metro Hartford Chamber of Commerce, the Hartford Downtown Council and the Hartford Action Plan for Infant Health.

Larry Gold’s professional and personal involvement has led to recognition for his work. Among the honors he has received are The Robert Massey Award for Distinguished Service to Advance Cooperative Arrangements among Health Care Providers, presented by the Capital Area Health Consortium in 2006; and the Whitney Young Jr. Service Award, presented by the Boy Scouts of America in 2005.

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