Retired, Personal and Family Investments
BSE IOE ‘61, MBA ‘62, PhD IOE ‘64
Richard co-founded Medicus Systems Corporation in 1969 and founded Mediflex Systems Corporation in 1983. As CEO of both companies, he took Mediflex and Medicus public in 1983 and 1986 respectively. Richard was also Chairman of the Board of Knowledge Data Systems, Salt Lake City, Utah and Lifemark Corporation, Phoenix, Arizona, both of which were spin-offs from Medicus. Richard served as Director of Evanston Bank, Evanston, Illinois; McNearney Heintz, Inc., Barrington Illinois; Spectra Medical Systems, Inc., Kankakee, Illinois, NeuColl, Palo Alto, California; Chicago Indoor Racing, Chicago, Illinois; and Collins & Aikman Corporation, Dearborn, Michigan. Richard sold his last company in 2001, and he now works primarily in overseeing personal and family investments.
In 1992, Computers in Healthcare Magazine recognized Richard as a Healthcare Pioneer. He was the 1993 winner of the KPMG Peat Marwick, Illinois High Tech Entrepreneur Award. Richard has been a consultant to numerous organizations including: Veterans Administration, Department of Health Education and Welfare, Westinghouse and General Electric. In addition he has worked on President Reagan’s Task Force (Grace Commission) on Automated Data Processing.
From 1964 to 1970, Richard was Associate Professor of Industrial Engineering and Director, Systems Engineering Group, Bureau of Hospital Administration at the University of Michigan. He published in excess of 30 refereed publications and monographs. He holds a BSE in Industrial Engineering, an MBA and a PhD in Industrial Engineering from the University of Michigan. He has been a member of American Institute of Industrial Engineering, Operations Research Society of America, American Hospital Association, American Public Health Association, Young Presidents’ Organization and World Presidents’ Organization. In 1975, Richard lead the establishment of the Department of Health Systems Management at Rush University, where he served as Professor until 1990.
Richard has been involved with a number of philanthropic organizations. At the University of Michigan, School of Public Health, Richard endowed the “Richard Carl Jelinek Professor of Health Management and Policy” Chair. He also served for 14 years on the Dean’s Advisory Board of the School of Public Health. In Aspen, he served on the Board and on the Executive Committee of the Aspen Valley Medical Foundation as well as the Aspen Valley Community Foundation.