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Jim Watson


BDO Healthcare Advisory

Jim Watson is a Partner with the BDO Healthcare Advisory practice, with over 30 years of senior management experience in healthcare Strategy, Operations and Managed Care. Jim previously served as a partner of PBC Advisors, LLC, which joined BDO in February 2018. 

Jim has an extensive background in working with health systems, hospitals and physician networks on Managed Care and Value-Based Contracting, with relevant experience in Strategy Development & Execution, Payor/Provider Contract Negotiation, Contract implementation & Management, as well as Performance Improvement. Jim’s experience covers an array of business models including Global and Partial Risk Contracting, Shared Savings Programs, Patient Attribution Models across the entire spectrum of Payor Contract Models (Commercial, Medicare, and Medicaid). Jim also provides Interim Management and Project Management expertise to organizations large and small, and has contributed to the success of several Provider-Sponsored Health Plans (PSHPs).

Jim led the development of several Chicago-area Clinically Integrated Networks (CINs), including presentation of a CI Program to the Federal Trade Commission (FTC) in Washington, D.C. Jim’s previous experience included Regional Vice President for CIGNA Healthcare, with responsibility for Midwest operations, including Illinois, Ohio, Indiana, Missouri, and Oklahoma markets. Jim was with United Healthcare as Vice President, Medical Delivery Systems, for the Illinois region and with Advocate Healthcare as Corporate Director of Managed Care. Jim also served as AVP Finance & Managed Care at Rush North Shore Medical Center in Chicago. Jim’s career began with Maxicare Health Plans in 1988 as a Consumer Affairs representative.

Jim resides in Lombard, Illinois, with his wife Irene.  Jim and Irene are proud parents of four (4) children, ages 18-26. 


Healthcare Financial Management Association Illinois, President Emeritus


  1. Tri-Town YMCA, DuPage County, Illinois
  2. Sacred Heart Parish, Lombard, Illinois
  3. Young Hearts For Life, Oak Brook, Illinois


M.B.A., B.A., Northern Illinois University


Tri-Town YMCA, DuPage County, Illinois
Sacred Heart Parish, Lombard, Illinois
Young Hearts For Life, Oak Brook, Illinois