BERWYN, PA — Mario Patone, the Chief Financial Officer at AscellaHealth, has been recognized as one of the Greater Philadelphia area’s foremost business leaders, securing a spot in the Philadelphia Business Journal’s esteemed Corporate Leadership Awards. This annual award ceremony shines a spotlight on executives whose work significantly impacts their companies and industries. Patone is among 24 distinguished individuals celebrated for their achievements in the current year.
“It is truly an honor to receive this award and take the opportunity to pay tribute to AscellaHealth’s exceptional team that has supported our incredible corporate growth and international expansion,” Patone remarked, attributing the accolade not just to his efforts but to the collective endeavors of his colleagues at AscellaHealth. He will officially receive the award at a ceremony on July 11, with his achievements highlighted in a special edition of the Business Journal following the event.
With over three decades of experience, Patone has been instrumental in driving the company’s growth, overseeing a remarkable 623% increase in the four-year period from 2019 to 2022. His role extends beyond traditional financial oversight, providing strategic guidance across the company’s legal, business development, and marketing sectors. Patone’s leadership has been pivotal in AscellaHealth’s expansion into the UK, marking a significant step in the company’s global outreach.
Before his tenure at AscellaHealth, Patone’s expertise benefited a range of organizations, including a national professional services firm, a specialty pharmacy, and an international manufacturer of durable medical equipment. His background includes significant contributions to business analysis and shareholder advisement, aimed at clarifying financial and operational strategies for organizational benefit.
In addition to his professional achievements, Patone has made notable contributions to industry literature, co-authoring guidance on financial reporting for smaller public companies under the auspices of the Committee of Sponsoring Organizations of the Treadway Commission (COSO).
This recognition by the Philadelphia Business Journal underscores Patone’s vital role in steering AscellaHealth towards its current status as a leader in providing innovative solutions for patients with complex, chronic conditions. His award reflects not only individual excellence but also the broader success and innovative drive of the entire team at AscellaHealth.
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