Derisking Medical Insurance for Complex Care To Get Patients Back To Work

Kevin Fleming is a Partner at Newport LLC, a business advisory firm helping middle-market companies grow and exit. He is also a Chief Financial Officer and board member at ThinkBio.AI, an AI technology enablement firm. Previously, Kevin was the President and Turnaround Executive Leader at Paradigm, a full risk-bearing accountable care organization specializing in catastrophic injury and chronic pain management cases. Under his leadership, Paradigm established industry-leading performance benchmarks for clinical outcomes and financial efficiency, including increases in revenue and EBITDA.

Here’s a glimpse of what you’ll learn:
• [0:00] Introduction
• [2:27] How Kevin Fleming joined Paradigm to transform a struggling catastrophic injury healthcare company
• [8:46] Kevin talks about developing a neural network system to manage financial risk
• [9:30] Using actuarial data to prove Paradigm’s value to insurers and drive profitability
• [15:49] How Paradigm achieved an exit with a private equity partner and buyer
• [18:15] The importance of replacing legacy leadership and sales teams to align with a value-based growth strategy
• [21:22] Kevin’s work using AI for drug discovery and healthcare innovation at ThinkBio.AI
• [31:36] Advice for business owners preparing for an exit

In this episode…

Transforming a struggling company into a thriving, high-value enterprise requires vision, resilience, and the courage to lead through uncertainty. Many leaders wrestle with balancing purpose and profit while navigating shifting markets and internal resistance. What does it take to turn risk and complexity into lasting growth?

According to experienced CEO and financial strategist Kevin Fleming, clear data, smart risk management, and bold leadership can drive transformation. He emphasizes the importance of using analytics to inform decisions, pricing accurately for risk, and surrounding yourself with a strong team. Quick turnarounds start with aligning purpose, performance, and measurable value.

In this episode of Growth + Exit, Heather Bennett welcomes Kevin Fleming, Partner at Newport LLC, back to the show to talk about leading successful business transformations. Kevin discusses using AI-driven analytics to manage risk, replacing legacy leadership to drive growth, and crafting strong exit strategies that attract top buyers.

Resources mentioned in this episode:

• Susan Kearney on LinkedIn -   / susanpkearney  
• Heather Bennett on LinkedIn -   / heather-h-bennett  
• Newport LLC - https://newportllc.com
• Kevin Fleming on LinkedIn -   / kevin-fleming-255a1811  
• Paradigm - https://www.paradigmcorp.com
• ThinkBio.AI - http://ThinkBio.AI
• “Successful Exit Through Collaboration” with Kevin Fleming on Growth + Exit - https://newportllc.com/podcast/succes...
• “Technology Intelligence: What Business Owners Need To Know” with Jody Jankovsky on Growth + Exit - https://newportllc.com/podcast/techno...
• “Leadership Principles for Successful Growth and Scaling of Middle Market Companies” with Kevin Poole on Growth + Exit - https://newportllc.com/podcast/leader...
• “Leading With Empathy, Agility, and Efficiency” with Allison Cummins on Growth + Exit - https://newportllc.com/podcast/leadin...
• Sterling Capital Management - https://sterlingcapital.com
• Lightyear Capital - https://www.lycap.com

Sponsor for this episode...
This episode is brought to you by Newport LLC, a national business advisory firm.

Newport is a team of over 50 seasoned C-suite executives who have founded, built, bought, and sold businesses. We help CEOs of privately held companies achieve exceptional value quickly and with less risk.

We use our proprietary Value Acceleration Program — a set of research-based tools and methodologies — to help growth-stage businesses build and sustain value.

To work with us, visit https://newportllc.com/.