Management Team

Jonathan l. Hazman

Managing Member, The Phoenix Advisory Board, LLC

Jonathan Hazman is a co-founder and managing member of The Phoenix Advisory Board, LLC. In this role, he serves as an advisor for early stage medical businesses, reorganizations, and capital raises.

Before starting The Phoenix Advisory Board, LLC, Jonathan was President and Chief Executive Officer of Apex Premium Finance, LLC, a finance company serving the insurance industry in multiple states. At Apex Jonathan designed and implemented state of the art software which created a paper-less system for doing business and carrying out day to day operations. Jonathan grew the business from start up to $5MM in revenue in approximately 1 ½ years. The company was subsequently sold.

Jonathan’s prior work experience includes the founding and serving as President of six freestanding dialysis centers, Porter Dialysis, in a 4-year period. During his tenure Jonathan went from start-up to managing over 150 employees and $20MM in revenue. He successfully negotiated and secured managed care contracts with over 15 National providers, some with rates as high as 20% higher than the competition. The company was sold within six years to Fresenius Medical Care (NYSE:FMS, FMS/P), the largest dialysis provider in the world. Jonathan’s success was recognized by the SBA of Maryland when he was awarded the Young Entrepreneur of the Year Award in 1998.

During the same time frame Jonathan co-founded a free-standing Ambulatory Surgical Center and 2 free-standing Radiology suites. Jonathan managed an advertising budget of approx. $100K per month and enjoyed sales of over $200K per location, per month within six months of start up. Both businesses were ultimately sold to a larger radiology group in the Mid-Atlantic region.

Jonathan earned his bachelor’s degree in a double major, Politics and Sociology, graduating Cum Laude. He is a Former Board member of the University of Baltimore’s Merrick School of Business and a current Board member of the Lifebridge Health System.

Don A. Waite

Managing Member and Co-founder, The Phoenix Advisory Board, LLC

Don Waite is a co-founder and managing member of The Phoenix Advisory Board, LLC. In this role, he serves as an advisor for early stage medical businesses, reorganizations, and capital raises.

Prior to co-founding The Phoenix Advisory Board in 2008, he was co-founder and principal of Apex Premium Finance, an insurance premium finance company.

Previously from 2004 to 2007 Don served as Chief Financial Officer and then Chief Operating Officer of Dialysis Corporation of America, a NASDAQ listed public company. During this period Mr. Waite maintained oversight and was actively involved in Strategy, Vision and Mission Planning as well as Capital and Team Formation. The departments reporting to Mr. Waite included Human Resources, Finance & Accounting, and Operations.

From 1999 through 2004 Mr. Waite Co-founded, operated and successfully sold several entrepreneurial ventures including Nephrology Specialty Group, Towson Radiology & Access Center, and Virtual Physical, Inc. Nephrology Specialty Group owned and operated a chain of Outpatient Dialysis Clinics, which employed over 150 people and was successfully sold to Fresenius Medical Care. Towson Radiology and Access Center was designed to primarily serve dialysis patients and was sold to American Access Care along the same timeframe as Nephrology Specialty Group. Virtual Physical pioneered a new approach to preventative medicine.

Don is a Graduate of University of Maryland College Park School of Business (BS Finance).

Don currently serves on the Board of Directors of Bon Secours Baltimore Health System.