Bryan Grundhoefer brings more than three decades of expertise to his role as president of WellMed Medical Management. He is responsible for the complete operations of the award-winning, diversified health care enterprise.
Grundhoefer joined WellMed in 1998 as chief operating officer/chief financial officer and was promoted to president/COO in 2006. He has successfully managed various business development efforts, including acquisitions and opening of new clinics. Since joining the company, WellMed has grown from 12 clinics in San Antonio, Texas, to more than 350 clinics in 17 markets in Texas, Florida and New Mexico. Full-risk Medicare Advantage membership has grown from 15,000 to more than 800,000.
Grundhoefer also serves as president of the board of the WellMed Charitable Foundation, the nonprofit philanthropic partner of WellMed. This mission of the Foundation is to support caregivers and older adults in the communities that WellMed serves.
Before joining WellMed, Grundhoefer spent three years at Anthem Insurance (now Wellpoint) in Indiana, where he was first head of mergers and acquisitions, and then COO/CFO for a multi-specialty IPA which managed the full-capitation risk for more than 10,000 lives. Under his leadership, the company reached profitability in its second year of operations by tripling the number of covered lives, reducing the medical loss ratio and maintaining administrative expenses. He also guided the medical management and customer service operations, which included assisting practices in delivering state-of-the-art customer services through a joint venture with Disney University.
Grundhoefer previously served as an executive consultant at Ernst & Young.
A CPA and member of the American Institute of Certified Public Accountants, Grundhoefer earned his MBA in finance and accounting from the University of Texas at Austin. He also has a Bachelor of Science in industrial management (with distinction) from Purdue University.