Bryan Magstadt

About Bryan Magstadt

I am a Senior Vice President of Sales for Lantern. In this role I manage the company’s accounts in the Central region, tasked with enhancing existing relationships and developing new ones. At Lantern, our goal is to create positive changes in an industry that is vastly complex and often dysfunctional. Issues surrounding inefficiencies in supply and demand curves, misalignment of interests between customers, healthcare providers and insurance carriers, an acute lack of transparency in pricing, and costs that continue to grow at an exponential rate, make the healthcare industry a perfect fit for someone whose background is embedded in finance, risk management and issue resolution. My entire career has been dedicated to building relationships and helping clients solve complex business problems. After countless conversations with the CEO of Lantern, I was incredibly fortunate that him and I were able to find a way for me to transition from the finance industry into the healthcare space. I now have the opportunity to continue focusing on creating and sustaining lasting relationships, while empowering employers to flip the switch on the way that payments for employee healthcare expenses are made and positively influence changes in consumer behavior. Prior to Lantern, I have spent my career in a mixture of consulting and industry roles at brand name companies like J.P. Morgan, Bank of America, PwC and Accenture. I spent the first 12 years of my career as a consultant, primarily advising large, financial services clients on complex topics in the areas of credit risk, market risk, liquidity, and capital, helping them to better understand the risks embedded in their balance sheets. After growing weary of leaving my family to board a plane every week, I accepted a role in Dallas with one of my clients, Santander Consumer, where, in the wake of the Global Financial Crisis, I led the efforts to develop the company’s enterprise stress testing and capital adequacy programs. Upon leading the program to a point of sustainability, I pursued Private Wealth Management for a number of years with J.P. Morgan and Bank of America, working closely with individuals and families to understand each client\'s unique situation and financial objectives. I earned an MBA from the New York University, and graduated with a BBA in Finance from the University of Oklahoma.

Experience

1. Senior Vice President Business Development

   Lantern

   Mar 2020 — Present · Dallas, TX, US

   Employer Direct provides a supplemental healthcare benefit for employers that directs planned medical procedures to high-quality providers. For large companies with self-funded health insurance, surgeries and other planned procedures can be extremely costly.By scheduling surgeries, paying hand-selected physicians promptly while eliminating administrative hassle, and by bringing them patients they wouldn\'t have otherwise treated, Employer Direct is offered discounted, bundled case rates. Rates that reduce the costs of planned medical procedures by 30-50% while maintaining and, often, raising the quality of care that’s delivered.Our Mission:To improve the accessibility of quality healthcare from top-tier doctors, and to offer an unmatched level of service, while dramatically lowering the cost of healthcare for employers and employees everywhere.Our Vision:To better people’s lives by creating and implementing innovative health care offerings for employers everywhere.

Education

• University of Oklahoma

  BBA, Finance, Management Information Systems

  1996 — 2000

• NYU Stern School of Business

  MBA, Finance

  2005 — 2007

Skills

• Financial Analysis
• Business Process
• Valuation
• Consulting
• Business Analysis
• Financial Risk
• Management Consulting
• Due Diligence
• Banking
• Risk Management
• Financial Services
• Executive Management
• Capital Markets
• Enterprise Risk Management
• Portfolio Management
• Finance
• Risk
• Management
• Private Equity
• Corporate Finance
• Strategy
• Credit
• Financial Modeling