Chairman & Chief Executive Officer
Michael Shea leads ElevatePFS, and previously served as president and chief executive officer of Bolder Healthcare Solutions from 2012 through 2018. He also founded MedAssist Incorporated in 1989. Under his vision and direction, MedAssist grew into one of the largest and most respected national leaders in revenue cycle management. Shea led MedAssist, as president and CEO, to become a dominant regional company. In 2003, his vision led to partnering with private equity to grow the company into a national market leader. In the following years, Shea led the company through acquisitions, product expansion, infrastructure build and solid organic growth. The company more than doubled its revenue from 2003 through 2007, with substantial expansion. In 2007, Shea, along with his private equity partners, sold the company to Firstsource, a strategic buyer from Mumbai, India.
Shea has received multiple professional honors in his career, including the 2003 Ernst & Young Midwest Entrepreneur of the Year award in healthcare.
A Partner You Can Trust
for Unmatched Results.
ElevatePFS delivers outstanding results. With more than 1,500 client facilities and a 98% client retention rate, we’re a proven partner that you can count on.