CEO, MEMORIALCARE
WHY: Head of Fountain Valley based health system with collection of area hospitals that bring in close to $3B in revenue. Built an organization that emphasizes 225 locations for outpatient care, while leaving its four hospitals to concentrate on the critically ill. Has 15,000+ employees. Largest nonprofit healthcare system headquartered in OC.
IN THE NEWS: MemorialCare reported its Fountain Valley facility rose sales by 10% to $359.3M and its Laguna Hills center climbed 7.9% to $388.4M for the year ended Sept. 30, 2021.
QUOTABLE: “Unlike most health systems, our community-based outpatient centers operate as high-quality, lower-priced outpatient centers rather than as hospital-based outpatient departments with higher reimbursement.”
