Bob Frame

CEO at MedPlan Credit

Mr. Frame has more than 35 years of professional leadership and executive management experience, primarily in the healthcare sector. Mr. Frame has led several healthcare organizations in the role of both CEO and CFO. In 2011 Frame left healthcare for 3 years to take over management as CEO of Northwest Signal Supply, Inc., a Portland, OR based company, manufacturing and distributing products for the traffic signal industry. Mr. Frame was able to resurrect the company from near bankruptcy, developing sound operating procedures while implementing an effective sales and marketing strategy which turned the company around. Northwest Signal was sold in 2014 for a 5X multiple of EBITDA.

Prior to MedPlan, Mr. Frame was the CEO of a surgical hospital in Kansas. Frame’s experience and first-hand knowledge of healthcare entities, specifically revenue cycle operations, led him to the idea of forming MedPlan. Frame experienced the difficulties hospitals and large physician practices have with effectively managing increasing patient deductibles and out-of-pocket costs and saw MedPlan as a solution for this growing problem.

Mr. Frame has a BBA in Accounting from the University of Oklahoma.

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Timeline

  • CEO

    Current role

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