MICHAEL M. SCHER
**** ***** *** *****, ******* Grove, IL 60089
Residence: 847-***-**** Cellular: 708-***-****
*******@***.***
SENIOR SALES MANAGEMENT – BUSINESS DEVELOPMENT EXECUTIVE
Results-driven, market savvy business development professional with a dynamic record of building and
managing revenue-producing startup, turn-around and growth related sales organizations.
Over 20+ years of experience in planning, developing and managing complex sales strategies in local and
regional markets within the highly competitive clinical laboratory reference testing industry. Proven
ability to achieve corporate goals and business objectives through excellent qualifications in sales
management, staff recruitment and development, P&L/sales forecasting, geographic expansion,
contract negotiations, and strategic growth initiatives.
Well versed in both hospital and physician office sales strategies, esoteric testing, managed care,
outsourcing, alliances and joint ventures. Responsive to the changing needs of today’s health care
systems and providers, with a focus on building working relationships with clients and senior-level
decision makers.
August 2009 to Present
VANGUARD HEALTH SYSTEM – CHICAGO / GENESIS CLINICAL LABORATORY
Senior Sales Representative
Recruited by senior leadership to expand market presence of hospital based commercial laboratory in
the Chicagoland area. Primary role focused on obtaining new physician office business, managed care
contracts, and expansion. I assisted the program director with proposal development and pricing, new
marketing literature development, and various team initiatives.
Maintained quota plus levels of new sales production, developed new literature and branding, and
handled all pricing approvals and proposal offerings.
August 2002 to February 2009
QUEST DIAGNOSTICS, INC.
Business Solutions and Strategic Account Executive – Hospital Business
Responsible for leading all strategic sales and non-traditional hospital opportunities for the Hospital
Division’s Western Region. In addition, my responsibilities included developing and implementing
market strategy in collaboration with the physician team, IDN and corporate health system strategies,
and business solutions including outsourcing and alliance ventures. In my role I worked closely with the
Sales Directors within the region on their targeted large accounts and trained and coached the sales
teams to cultivate new opportunities. I collaborated with the physician division, business unit leadership
teams, and regional executives. As a member of the Business Solutions team I focused on the
development of hospital laboratory outsourcing and laboratory management contracting.
Major Accomplishments:
• Sold strategic hospital accounts, each over $1MM per account, valued at $12.5MM annual run
rate.
• Sold 2 full laboratory management contracts, each valued at over $3MM annual run rate.
• Developed the test outsourcing strategy for hospitals and produced marketing and training
materials.
• Developed sub-market growth and tactical strategies with the physician teams in Texas,
Colorado, Louisiana, Mississippi, Illinois, Minnesota, Indiana, and Wisconsin.
• Authored Big Deals for Dummies – a sales guide presented at the National Sales Meeting.
December 1997to August 2002
AMERICAN MEDICAL LABORATORIES, INC.
Vice President – Midwest Business Development
Recruited by Senior Leadership to develop strategic relationships with large revenue producing health
systems, hospitals, and commercial laboratories within a 5 state region. Produced growth through direct
competitive selling and national account/GPO strategies. Developed new relationships with over 20 new
institutions producing sales growth of $4.8MM annual run rate. Spearheaded the Midwest effort with
Consorta Purchasing Partners (GPO) to award AML a preferred vendor agreement.
May 1985 to December 1997
LABORATORY CORPORATION OF AMERICA
Associate Vice President – Division Sales and Business Development
Chicago Regional Laboratory –March 1993 to December 1997
Relocated by senior management in 1993 to serve as Director of Sales and Business Development of
new start up facility in Chicago positioned for organization’s Midwest expansion strategy. During facility
construction and development, my primary responsibility was the re-organization and business plan for
the salesforce to meet goals for the new region. Upon completion of corporate merger, I accepted
promotion to Associate Vice President, and completed the sales structure for all business segments in
the division, and the consolidation of the two organization’s sales teams.
As the Sales Leader for the division, I maintained P&L accountability and managed direct reports that
included the traditional sales team, managed care, hospital and niche testing, customer service, and
strategic alliances.
During this new laboratory expansion I led teams of sales, IT, customer service, and billing professionals
in the conversion of diverse client systems from 5 large laboratory acquisitions that had been completed
within our division. I recruited and developed a top quality sales team and developed the necessary
sales infrastructure to support the expansion of the salesforce. Strategically we obtained managed care
and vendor alliances, and expanded the penetration of the salesforce into new geography.
Major Accomplishments:
• Growth – In 1993 annual sales $13MM. Increased annual sales for division to $33MM by 1996.
• Expansion – Increased sales team from 8 to 16 sales representatives with 70 % of the team
obtaining Presidents Level performance.
• Responsible for $5.4MM annual growth budget.
NATIONAL HEALTH LABORATORIES
Regional Sales Manager
Oak Park, Michigan Regional Laboratory April 1987 to February 1993
Promoted and relocated from New York to assume sales management role at company’s Michigan
facility. Charged with generating substantial growth at an under-achieving division, through re-
organization of the sales team and geographic expansion. Corporate goal was to relocate this laboratory
to a more favorable location.
Major Accomplishments:
Penetrated locally dominated managed care market, to drive growth initiatives. Expanded
geographically into Western Michigan, Northwestern Ohio, and Minnesota.
Significantly increased annual sales from $9.6MM in 1987 to $23MM in 1992, enabling goal of
relocating to a new state-of-the -art laboratory. Repositioned this business unit from the bottom of the
national sales rankings to a consistent top performing team.
Led the sales team of 10 direct reports while maintaining a personal sales quota. Recipient of
numerous major awards and bonuses including Sales Manager of the Year 1990 and 1991. Attained
Sales Master Plus levels of personal sales production.
NATIONAL HEALTH LABORATORIES –Plainview, NY
Physician Sales Representative May 1985 to March 1987
Recruited by Senior Leadership to sell testing services to physicians and clinics in the 5-borough New
York City area.
Major Accomplishments:
Earned nation-wide Rookie of the Year award in 1985. Exceeded sales goals and obtained Sales Masters
Plus production awards consistently each year.
September 1981 to April 1985
SMITHKLINE BIOSCIENCE LABORATORIES – Lake Success, NY
Hospital Specialist / Physician Sales Representative
Obtained invaluable introduction to sales and the clinical laboratory industry. Responsible for new client
development and maintenance of accounts within a large territory covering the 5 borough New York
City region. Advanced to Hospital Specialist maintaining a $4MM annual sales budget. Continuously
attained budgeted sales goals and received recognition awards.
EDUCATION:
Colgate University, Hamilton, NY - B.A. Biology 1981
Varsity Men’s Soccer & Rugby
PROFESSIONAL SALES TRAINING:
Dale Carnegie – Human Relations
Xerox – Feature/Benefit Selling
Miller Heiman – Strategic Selling
Tom Vishia Associates – Influencing and Managing Sales Relationships
Afterburner Seminars – Leading Flawless Execution
PROFESSIONAL ACTIVITIES:
ACHE, AHA Healthcare Forum, The Dark Report, Healthcare Daily E-News, LinkedIn Focus Groups