Karl Rajani
Karl RajaniPresident

Mr. Rajani has more than thirty years of experience in healthcare including: various policy and auditing positions in Wisconsin State government (which included briefing the Governor on healthcare policy, and defending gubernatorial positions in the Legislature); Director of Finance for the Catholic Health Association of Wisconsin; consultant to the healthcare industry; and hospital CEO. He has founded, developed and sold a number of companies and businesses under the “Genesis” name, including Genesis Health Plan Insurance Corporation of Wisconsin, Genesis Health Plan of Ohio, Genesis Behavioral Services, Inc.,  and Genesis Life Services, Inc., a provider of assisted living services for the elderly. In 1990, Mr. Rajani founded PsyCare, Inc., one of the first psychiatric IPAs in the nation, providing managed mental health services on a capitation contract basis to approximately 110,000 clients of two major HMOs. Mr. Rajani developed and implemented an inpatient psychiatric unit at a local Milwaukee hospital while serving as its CEO.

Mr. Rajani is the author of more than forty five articles and reports in various aspects of health care, covering a wide range of financial, technical and policy issues. Examples include the impact of medical education on hospital costs, analysis of the Medicare DRG reimbursement system, new frontiers in mental health, and the treatment of Catholic hospitals′ assets under Canon Law. He has performed business valuations using Discounted Cash Flow (DCF) and other sophisticated methodologies; and conducted programmatic, financial and operational audits of health care entities.  Mr. Rajani has served as an expert witness in many legal proceedings, and has been quoted frequently in the press. He was a Bank Board member (advisory) for five years. He received his higher education at universities in Malawi, England, Ohio, Louisiana, and Wisconsin; and has graduate degrees in business management and in philosophy.  His academic interests include deductive logic, heuristic problem-solving, metaphysics, and e-learning.