About Us
Overview | Leadership Snapshots
Raymond J. Brooks
President
Ray has over fifteen years of experience in healthcare finance, risk management, capital markets and asset management. Throughout his career, he has originated, managed, structured and worked out billions of dollars in debt and interest rate risk-related transactions as an institutional investor, asset manager and trader. In addition, he has served in the role of chief executive officer or chief restructuring officer for healthcare companies on behalf of investors and creditors. Ray has also served as an industry expert in advising the Centers for Medicare and Medicaid Services on the impact of specific policies on the capital markets and as the healthcare advisor to Conservators and Receivers appointed by the United States Securities and Exchange Commission on certain publicly issued debt.
Since founding Pine Creek, Ray has done the following: participated in several healthcare debt portfolio restructurings and asset sales, including the Finova bankruptcy; been named a creditors stalking horse bidder in bankruptcies, including the Centennial Healthcare case; managed the out-of-bankruptcy recapitalizations of publicly and privately held healthcare companies; helped start a $300 million long-term care distressed debt fund; and led a partnership with Citigroup to create a tax-exempt healthcare CDO. In addition, Ray led the first private capital market based financing program for the rural hospital sector, and as a result, became one of the largest private market lenders to America’s rural hospitals with a $2.5 billion financing program.
Prior to Pine Creek, Ray spent three years in Russia and the countries of the Former Soviet Union representing Price Waterhouse’s privatization and enterprise restructuring group. Ray began his career structuring, trading and managing fixed-income and interest-rate risk management products for Lehman Bros., The Gelderman Group and Aubrey G. Lanston / Industrial Bank of Japan. He is a former Member of the Chicago Mercantile Exchange and the International Monetary Market. Ray received an MBA in finance from the University of Chicago’s Graduate School of Business and a BS from Saint John's University.
Joseph K. Hampe
Chief Credit Officer
Joe has over twenty-five years of experience in healthcare finance, hospital operations, reimbursement analysis and healthcare public auditing. He has served within the industry in the capacity of Chief Financial Officer, Controller and Clinician. His experiences range from engineering the turnaround of a financially troubled hospital to managing the financial operations of a hospital within a large, not-for-profit, Catholic healthcare system. Joe has been able to marry his vast skills to effectively evaluate and underwrite credit strength as well as develop customized plans of finance for non-profit and for-profit healthcare organizations ranging from academic medical centers to rural community providers, critical access hospitals and physician owned hospitals.
Since joining Pine Creek, Joe has developed numerous financial analysis models including the development of a rating model in collaboration with one of the national rating agencies, detailed asset management monitoring models for troubled credits, worked closely with investors regarding the nuisances of hospital economics and has performed diligence and plans of finance on numerous hospitals. In his role of financial operations, he has enhanced revenues through revenue cycle management and negotiated improved managed care contracts and physician employment agreements. Joe has led cost cutting through the negotiation of group purchasing contracts, implementation of productivity based staffing models and service line cost accounting analyses. Joe has also implemented innovative self-pay financing mechanisms to limit and lower a hospital's bad debt expense and increase cash collections.
Joe began his career in healthcare operations as a surgical technologist in the United States Navy for seven years. His healthcare finance experience began with KPMG Peat Marwick, LLP in the healthcare audit division. Joe received a MBA from Webster University in Fayetteville, Arkansas and a BS in Accounting from Illinois State University and is a Certified Public Accountant. He is a Registered Securities Representative and a Municipal Securities Principal. He is also a member of Healthcare Financial Management Association and the American Institute of Certified Public Accountants.
Ruben J. King-Shaw, Jr.
Advisor
Ruben Jose King-Shaw, Jr. is active in the healthcare industry where he is an advocate, a shareholder, a board member and an advisor to some of the sector’s most innovative companies. Ruben is an advisor to Pine Creek and serves on the board of directors of the following corporations: WellCare Health Plans, Inc. (NYSE: WCG) of Tampa, Florida; Quality of Life Health Care, Inc. of Fairfield, Iowa; Athenahealth, Inc. of Waltham, Massachusetts; and The Scripps Florida Funding Corporation of Palm Beach, Florida. In addition, Ruben is trustee of The Florida Education Foundation of Tallahassee, Florida and is vice chairman and senior policy advisor at the Solutions Institute of Bethesda, Maryland. Ruben has an extensive expertise in health policy, economics and finance.
After 15 years in building and operating health insurance companies in Florida, Ruben served Florida Governor Jeb Bush as secretary of the Florida Agency for Health Care Administration. Ruben then served in the George W. Bush Administration from 2001 to 2003 where he was the chief operating officer and deputy administrator of the Centers for Medicare & Medicaid Services and senior advisor to the Secretary of the Treasury.
Ruben is a graduate of Cornell University’s prestigious ILR School and holds a Master of International Business from Florida International University and the Instituto de Empresas in Madrid, Spain. He also holds a Master of Health Services Administration from Florida International University in Miami, Florida.