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P. THOMAS HIRSCH
P. THOMAS HIRSCH has had extensive experience in the management and operations of hospital and independent laboratories. He is currently co-founder and President of a company that performs billing services for hospital outreach and smaller independent laboratories, Laboratory Billing Solutions.
Mr. Hirsch was President and Chief Executive Officer of Path Lab, Inc. from June 1984 through February 2003, a highly successful hospital based independent laboratory. The company was sold to LabCorp in April of 2001 for in excess of $100 million. Path Lab was the second largest laboratory in New England with annual sales of $70 million. The laboratory was an industry leader in working with institutions and developing innovative solutions to enhance laboratory performance. Path Lab managed six hospital laboratories, five major physician office labs, and has other management agreements with New York University Medical Center and Clinical Laboratory Partners, a wholly owned subsidiary of Hartford Hospital.
Mr. Hirsch also served as President of Diagnostic Laboratory Services in Honolulu, Hawaii from 1989 to 1994. The company was a joint venture with Queens Medical Center that Mr. Hirsch helped start in 1986 and grew into the largest laboratory in Hawaii with $35 million in sales. Mr. Hirsch also assisted two hospitals in Worcester, Massachusetts in establishing a joint venture laboratory to serve the two institutions and central Massachusetts, and served as Chief Executive Officer of that organization from 1988 to 1991.
Mr. Hirsch previously served as Associate in the Health and Medical Division of Booz-Allen & Hamilton in New York, where he performed strategic planning and financial management assignments for large hospitals and academic health centers. After Booz-Allen, he was Director of Laboratory Production and then Vice President of Laboratory Operations for Metpath, Inc., now known as Quest Diagnostics
Mr. Hirsch's earlier positions include administrative and financial planning responsibilities at the Boston Department of Health and Hospitals, Boston, Massachusetts. He also served as Director of Affiliation Administration for the New York City’s Health and Hospitals Corporation, where he managed a $160 million contract program that provided all physician services in New York City’s sixteen municipal hospitals. In his last assignment with the corporation, he served as Associate Executive Director or Operations, Harlem Hospital Center.
Mr. Hirsch has also worked on numerous laboratory consulting assignments with academic health center and other major hospital systems. He has also worked with several healthcare private equity firms in evaluating laboratory acquisitions and mergers and most recently has worked closely with Accretive LLC in developing their lab sector initiative, aLabs, and is Founding Executive.
Mr. Hirsch served on the Board of Directors of the American Clinical Laboratory Association from 1995 until 2001. He currently serves on the Board of ConVerge Diagnostics Services and counsels many of his billing company clients’ on strategic matters.
Mr. Hirsch earned his MBA degree from the Harvard Graduate School of Business Administration in 1978 and his BA degree magna cum laude from Duke University in 1974.

