Three health system leaders, including two physicians, will be honored next month for their lifelong contributions to healthcare.
John Colloton, Thomas Frist Jr. and Robert Waller will be inducted into Modern Healthcare's Health Care March 16. The 15th annual induction ceremony will be held during the annual meeting of the American College of Healthcare Executives in Chicago.
Colloton overcame great hurdles to revitalize an outdated and sprawling network into a world-class teaching institution during his 23-year career as director and chief executive officer of the University of Iowa Hospitals and Clinics, Iowa City. Colloton has stayed on at the system as director emeritus. He will be 72 on Feb. 20.
Frist, 64, was a pioneer in for-profit healthcare. After a stint as a flight surgeon, at age 29 he co-founded with his father what became the largest investor-owned hospital chain in the United States, Hospital Corporation of America, based in Nashville. In the late 1990s, Frist helped to salvage the company, now knows as HCA, when it became embroiled in a decadelong fraud investigation, and finally stepped down as the company's CEO in 2001. He is chairman cmeritus of the board at HCA. His father, Thomas F. Frist Sr., was inducted into the in 1990.
Waller, an ophthalmologist, steered the Rochester, Minn.-based Mayo Foundation as it grew into an empire with $3.5 billion in assets. During Waller's 14-year tenure as president and CEO, which ended in 1999, Mayo opened major clinics in Jacksonville, Fla., and Scottsdale, Ariz., and launched Mayo Health System, a regional network of Mayo-affiliated clinics and hospitals in Iowa, Minnesota and Wisconsin.
Currently, Waller sits on the boards of the Healthcare Leadership Council, the Malcolm Baldrige National Quality Award Foundation and the Institute for Healthcare Improvement. He turns 66 on Feb. 19.
The trio will join 64 previous inductees.