Mary Tolan is a founder and Managing Partner of CPF. She was also the founder of R1 RCM, a leading provider of comprehensive end-to-end healthcare revenue-cycle management services and population health management services infrastructure. Ms. Tolan served as R1 RCM’s Chief Executive Officer from November of 2003 to April of 2013 and served as Board Chair until November 2013. During that period, she built R1 RCM from an idea into a billion-dollar enterprise over a nine-year period by building and leading a team of seasoned industry professionals focused on revolutionizing patient access and revenue-cycle processes for health- care providers. When she led the IPO of R1 RCM in 2010 the company had deployed approximately $26.3 million in invested capital and earned a $1.2 billion market capitalization.
Previously, Ms. Tolan was a Group Chief Executive at Accenture, the $64 billion market cap global management consulting, technology services, and outsourcing company. At Accenture she was the Group Chief Executive of a $2.3 billion global operating group. In that role, she led a team of 11,000 professionals, and her team worked with more than 70% of the global Fortune 500 companies in those industries. She also played a leadership role in taking Accenture public in 2001, one of that year’s largest offerings on the New York Stock Exchange.
Ms. Tolan’s accomplishments as a business leader have earned her many recognitions and awards including being named the EY Entrepreneur Of The Year 2010 National Winner in the Services Category, leading R1 RCM to be named the Illinois Venture Capital Association’s Company of the Year in 2011, Distinguished Alumnus of the University of Chicago, a Damen award recipient and named one of Chicago’s Top 40 under 40.
She serves on the Boards of trustees for the University of Chicago and on the Advisory Council of the University of Chicago Booth School of Business. Ms. Tolan received a Bachelor of Business Administration degree from Loyola University and an M.B.A. from the University of Chicago Booth School of Business.