MyHealthDIRECT: Frank Stellato joins MyHealthDIRECT as chief financial officer

Brookfield, WI, January 5, 2011—MyHealthDIRECT (MHD) is pleased to formerly announce an important addition to its executive team. In July of 2010, Frank Stellato joined the company as Chief Financial Officer. Founded in 2006, MHD is an innovative healthcare technology service solution provider. The company offers a web-based access management solution that broadly and seamlessly connects patients to healthcare appointments throughout a community or network. It is used by hospitals, managed care organizations, and State Agency and Health Information Exchange initiatives, resulting in cost containment and better care delivery.

In his new position, Frank will have functional responsibility for the financial and human resource areas of the company. These areas include financial reporting, expense and cash management, establishing standard operating procedures and controls, forecasting and budgeting, finance and capital raise activities and managing the company financial relationships. As a senior member of the organization, Frank will also participate in setting MyHealthDIRECT’s strategic direction.

“Frank’s proven abilities in financial management will be instrumental at MyHealthDIRECT as we continue to grow,” says Jay Mason, CEO of MyHealthDIRECT. “We are extremely fortunate to have Frank on our team and look forward to the impact he will have on the whole organization.”

“I am delighted to join the team at MyHealthDIRECT,” said Stellato. “I am very excited to participate in commercializing the MHD value proposition which addresses the core issue facing today’s healthcare environment, cost containment and enhanced patient care.”

Mr. Stellato comes to the organization with 30 years of healthcare industry experience in start up, mid size and Fortune 100 companies. Prior to joining MyHealthDIRECT, Frank was the Chief Financial Officer of MedAssist Incorporated, a leading provider of revenue cycle management solutions to the healthcare provider market. He was instrumental in the 2007 sale of MedAssist to Firstsource Solutions Limited for $330 million in cash. Post sale, Frank was appointed to the North American CFO role for Firstsource. Mumbai-based Firstsource is among India’s leading business processing outsourcing companies, providing business process management services to global leaders in the Banking, Financial, Telecom and Healthcare industries. Frank also spent 15 years at Baxter International Inc. with various cross functional role responsibilities, including director level experience in Accounting/Finance, Marketing and Operations. Mr. Stellato holds a Bachelor degree from DePaul University, Chicago Illinois and holds a CPA certificate from the state of Illinois.

About MHD

MyHealthDIRECT (MHD), a national company, is an innovative healthcare technology service solution provider. Since 2006, MHD has been delivering real-time scheduling solutions that help clients achieve their goals for cost containment and better care delivery. Hospitals and healthcare systems, Medicaid managed care plans, and commercial insurers can apply its service solution in a broad spectrum of use cases aimed at facilitating care management, improving access to healthcare, reducing costs, and positively impacting quality measures. MHD is headquartered in Brookfield, Wisconsin. For more information on MHD, please visit