President, Chief Executive Officer, and Trustee, Altarum
Linc Smith has served as Altarum’s President and CEO since 2007. He has led the Institute’s health systems research and consulting activities since joining the organization as its Chief Operating Officer in 2001, following Altarum’s acquisition of Vector Research, Inc. (VRI). He is also Chairman, President & CEO of Federal Consulting Asset Management, Inc.; Chairman & CEO of Palladian Partners, Inc.; and Chairman of Payformance Solutions, Inc.
Mr. Smith led a complete transformation of the Institute from a defense, environment, automotive, and health portfolio to an institute strategically focused solely on health and health care. In 2005, Altarum’s health research and consulting activities were less than $15 million in annual revenue; they are now approximately $75 million. Mr. Smith also led the development of the Institute’s strategic research agenda comprising internally-chartered research and development projects, “mission projects” designed to test promising health systems changes in real-world settings, and research centers focused on health care spending, elder care, consumer engagement, and child health and development.
Before joining Altarum, Mr. Smith served as VRI’s Senior Vice President and Director of Corporate Business Development from 1999 to 2000 and as President of VRI from 2000 to 2001. From 1996 to 1999, he led new initiatives in VRI’s health sector and served as the Director of the Healthcare Planning Division. Major programs included:
Mr. Smith joined VRI in 1988 as a Systems Engineer, shortly after completing his master’s in industrial and operations engineering at the University of Michigan, where he was a National Science Foundation graduate studies fellow. He worked in VRI’s national security and health business sectors. As a national security analyst at VRI, Mr. Smith developed and applied analytical methods to help military leaders make decisions about force design, equipment acquisition, mobilization, deployment, and arms control strategies.