HCA named Milton Johnson as president in a reorganization that shuffles a number of top executives and creates a new company that will market billing, staffing and supply chain-services to healthcare providers.
HCA names new president in executive reorganization
The changes are effective immediately, the company said in a news release.
Johnson, the Nashville-based hospital company's chief financial officer and a director, will continue as HCA's finance chief, according to a company news release.
Beverly Wallace was named president of HCA's newly created business service subsidiary from her prior role as HCA shared services group president.
Dr. Jonathan Perlin, HCA's chief medical officer, was named president of HCA's clinical and physician services group, overseeing the company's affiliated physician practices.
Sam Hazen, previously president of HCA's western group, was named president of operations.
HCA's outpatient services president, Bruce Moore, has been named president of operations and service line integration. Two regional presidents will expand their geographic responsibility under the reorganization.
HCA has offered some revenue-cycle services to other hospitals since early 2006 through a subsidiary called National Patient Accounts Services. The company also is the managing partner of a group purchasing organization, HealthTrust Purchasing Group, and is one of six equity holders in the GPO. It is not clear whether the new subsidiary plans to expand on these services, for example, with a full revenue-cycle outsource offering. An HCA spokesman declined to comment on the new subsidiary by deadline.
Tenet Healthcare Corp., Dallas, formed a separate subsidiary to sell revenue-cycle and communications services to hospitals in late 2008. Conifer Health Solutions provides revenue-cycle services to about 80 hospitals, including more than 30 non-Tenet hospitals, and works with 125 hospitals overall, according to a Conifer spokesman. Tenet pointed to the high-margin business of Conifer as an important contributor to its future growth in an investor presentation last month.
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