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Timothy Sykes Joins Loyale Healthcare as Vice President, Sales

November 13, 2018, Lafayette, California

20-Year Industry veteran joins fast growing firm to extend the reach of its holistic, end-to-end patient financial engagement platform for the health system enterprise market

Loyale Healthcare today announced that Timothy Sykes has joined the firm as V.P., Sales. Mr. Sykes will concentrate on larger healthcare enterprises, where Loyale’s Patient Financial Manager™ has proven to be an effective tool for system-wide management of patient-owed receivables and improved, integrated patient experiences.

Mr. Sykes’ distinguished healthcare career includes more than 11-years with GE Healthcare, where he was selected for GE’s Sales Excellence Council. Other leadership roles include Marketing and Sales at McKesson, Director for Press Ganey and Vice Presidencies for ZirMed and Marathon Health. Most recently, he accelerated growth for two early stage companies Health Scholars, LLC as its Director, Enterprise Accounts, and Regroup as the Senior Director of Sales.

Mr. Sykes has worked with prominent healthcare providers across the country, where his problem-solving, consultative approach has led to innovative solutions for some of the most prominent names in healthcare.

“The need for comprehensive patient financial engagement has never been more acute.” Stated Dan Peterson, Loyale Healthcare Founder and Chairman. “As demand for our solution has grown, so has our need for skillful sales leadership to assist us with the many larger-scale opportunities before us. Tim has consistently demonstrated an ability to forge lasting partnerships. He is a perfect fit for the Loyale team and our clients.”

“I’m convinced that healthcare’s future will be defined by innovators like Loyale Healthcare and its Patient Financial Manager™.” Said Mr. Sykes. “Close to half of all potential patients are avoiding care because of their concerns about how much it will cost them. Loyale is solving that problem, delivering better experiences for caregivers and their patients – with better financial outcomes for both. I couldn’t be happier to be a part of the Loyale team.”

Mr. Sykes joins the Loyale sales team’s other industry veterans, Paulette Jaeger and Shirley Straka. Together, they focus on working with multi-facility and larger stand-alone healthcare providers to improve financial performance with superior patient financial experiences. Tim will work with companies across the country from his office near Chicago.

About Loyale

Loyale Patient Financial Manager™ is a comprehensive patient financial engagement technology platform leveraging a suite of configurable solution components including predictive analytics, intelligent workflows, multiple patient financing vehicles, communications, payments, portals and other key capabilities. Loyale Healthcare is committed to a mission of turning patient responsibility into lasting loyalty for its healthcare provider customers. Based in Lafayette, California, Loyale and its leadership team bring 27 years of expertise delivering leading financial engagement solutions for complex business environments. Loyale currently serves approximately 2,000 healthcare providers across 48 states. Loyale recently announced an Enterprise level strategic partnership with Parallon including deployment of its industry leading technology to all HCA hospitals and Physician Groups nationwide.