Complaint Review: Greg Sundem - Castle Rock Colorado
- Greg Sundem 359E ALLEN ST # 11 Castle Rock, Colorado USA
- Phone:
- Web:
- Category: Business Consultants
Greg Sundem MedCare Finance, Mesa Pharmacy, Praxsyn Greg Sundem is a con man Castle Rock Colorado
*UPDATE EX-employee responds: He makes so many claims none of which are his own!
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In November of 2012, I flew to Las Vegas to meet with Greg Sundem. I took him to lunch and he advised me that he had worked for a company in regards to medical accounts receivables, and the executives of that company stole his ideas and kicked him out of the company (according to Greg, they were very unethical). Greg stated that he resided in Las Vegas, his wife was in Alaska, but he planned on moving to Dallas to be near Lance. At the close of our meeting, we agreed to meet at Lance's residence to discuss his medical accounts receivables proposal and using his network to further another medical product I was involved with.
In December of 2012, I flew to Dallas and met with Lance expecting to meet with Greg. When he did not arrive as promised, we called Greg and placed him on speaker phone. He denied stating he was going to meet us in Dallas and lied about several points he made to me in his conversation with me in Las Vegas. When I called him a liar and advised him that falsely accusing me of things that did not occur would cause a high probability for me to fly to Las Vegas and kick his a**, he back peddled and made up a lame excuse as to why he could not make it to Dallas. At that point, I decided I wanted nothing further to do with this weasel.
BEWARE! This fat stooge is nothing but a con-artist. I wouldn't be surprised if he winds up in prison sometime soon.
This report was posted on Ripoff Report on 06/17/2016 04:10 PM and is a permanent record located here: https://www.ripoffreport.com/reports/greg-sundem/castle-rock-colorado/greg-sundem-medcare-finance-mesa-pharmacy-praxsyn-greg-sundem-is-a-con-man-castle-rock-1312013. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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#1 UPDATE EX-employee responds
He makes so many claims none of which are his own!
AUTHOR: ILL Buddy - (USA)
SUBMITTED: Wednesday, August 10, 2016
This BIO he circulated is even more funny than the ones before. He takes credit for business's that were there before and after him.
Greg Sundem has over 24 years of experience in healthcare, operations, information technology, finance and business development. Greg has written software and managed the development of large scale projects such as writing “Smart Claims”, a medical claims processing system serving clients such as Northwest Airlines and other projects involving large hospital chains related to the exchange of data for claims processing purposes. Smart Claims was used extensively by Family Health Plan, the first PPO in the US. Other projects involve connecting over 5,000 bookstores across the country with electronic ordering including the integration of Barnes and Noble along with several independent book stores and chains, warehouse automation and many other systems.
Under Greg’s leadership at a book and magazine publishing company they grew into one of the largest private publishers in the US, this was done through improved IT systems developed in house and the implementation of an Oracle computer system with custom order entry and warehouse management components. Through this process Greg gained experience with facility management, site development and construction of warehouse and offices up to 100,000 sq feet. Greg has worked with city and state governments negotiating TIF and other financial incentives for the business.
Following the success in publishing Greg was recruited to take on a Controller role at a holding company managing multiple moving and storage companies, portable storage companies and a leasing company. Greg opened a new business for this group, Larson Records and Storage, this turned into a very successful venture and currently is their most profitable company.
Greg was recruited from his Controller position to become COO for MedFinance and Lawsuit Cash Advance. At MedFinance Greg was able to build a nice personal injury portfolio in the Las Vegas area, this portfolio was cash flowing and providing operating capital for MedFinance to expand into the Illinois workers compensation market. While building that market Greg looked to close a gap with the quality of care in the Peoria area and opened Universal Patient Care, a clinic serving injured workers. Due to the success of this venture, serving over 100 patients on clinic days Greg opened a second facility in the Joliet area and was rapidly growing the company through expansion of the provider network and vertical expansion with clinics to be followed by surgery centers. Greg also managed the 50M lending facility through DZ bank and was responsible for all aspects including audit, underwriting guidelines, operations, sales, and IT systems. Greg gained valuable experience establishing case law and building portfolios, through this experience Greg was able to learn what works and more importantly what doesn’t work in the area of healthcare finance. Greg is an expert at Illinois Workers Compensation medical receivables.
Greg has a Bachelor of Science from the University of Minnesota with majors in Computer Science, Economics, and a minor in Statistics. Greg is a resident of Las Vegas with his family and currently working with a variety of funding entities and hedge funds.


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