Jay Sanders is a Founder and President of PBC Advisors, LLC, located in Oak Brook, Illinois. PBC is engaged in providing accounting, management consulting, and financial services to medical practices, and other related health care concerns, such as surgery centers, I.P.A.s, imaging centers and the like. Currently, the firm provides services on an ongoing basis for more than 250 groups consisting of over 2,000 physicians and dentists. Further, PBC provides services to more than 10 Chicago area health systems and has a very active healthcare valuation practice.
Jay, for many years, was the contract CFO of a fully integrated 90+ physician musculoskeletal group with annual net revenue in excess of 150 million dollars. He was involved in the formation of the original group and the mergers and growth that have evolved. He was also instrumental in the development of their ancillary services division which today includes 11 physical therapy centers and six MRI centers.
For seven years Jay was a partner and CEO of a large, regional, medical billing and accounts receivable management company. During those years it went from a company doing $1.4 million a year in revenue with 35 employees to $11 million in revenue with 200 employees.
Jay is a member of a number of professional organizations including the American Institute of Certified Public Accountants, the Illinois CPA Society, National Society of Certified Healthcare Business Consultants, and the National Association of Certified Valuators and Analysts (“NACVA”). He is also an Enrolled Agent to practice before the Internal Revenue Service.
Jay has lent his extensive expertise to many industry organizations. He is a Past-President of the National Association of Healthcare Consultants and the Society of Medical-Dental Management Consultants (“SM‑D”). Jay has met the qualifications and was selected to be a member of “The American Medical Association’s Doctors Advisory Network” (“AMA”) and the Illinois State Medical Society’s consultant referral service. Jay is a member of the DuPage Advisory Board for The PrivateBank and Trust Company.
Within the educational arena, Jay is an adjunct accounting professor in the Center for Business and Economics at Elmhurst College in the Master of Accountancy Program. He has been a Professional Advisor for the School of New Learning at DePaul University. As a member of its Academic Committee, he counseled and evaluated adult students that have chosen to go into the health care consulting field. He has also been an instructor for the American Institute of Certified Public Accountants (AICPA) business valuation courses, and the National Society of Certified Healthcare Business Consultants for their exam review course. He has also served on the faculty of the Ithaca Center for Postgraduate Medical Education, which is affiliated with the University of Rochester Simon School of Business, where he provided specialty, continuing education courses for physicians and healthcare executives.
Jay has a Masters of Taxation from the University of Illinois – Urbana – Champaign. He has a degree in Finance from Western Illinois University and has completed the Accounting curriculum at Loyola University of Chicago.
Jay serves on the Founding Board of Directors for Operation Walk Chicago, a medical humanitarian, not-for-profit (501c3) organization whose mission is to improve the quality of life of disadvantage patients around the work through reducing disability from advanced joint disease.
PBC Advisors, LLC
903 Commerce Drive, Suite 333
Oak Brook, IL, 60523