Current Indiana University Health Executive Vice President and Chief Operating Officer Dennis Murphy has been promoted to president and CEO, the organization announced Tuesday.
Murphy succeeds current President and CEO Daniel Evans Jr., who is retiring after 13 years at the post. Evans will relinquish his role as president to Murphy immediately, but will continue to serve as the statewide health system's CEO until May 1, 2016, when Murphy will take over that role, as well. Murphy will continue to serve as COO until a successor is named.
Murphy, 51, joined IU Health in 2013 as its executive vice president and COO after serving in a similar role at Northwestern Memorial HealthCare in Chicago. At Northwestern, he led the implementation of key systemwide initiatives, which, according to the hospital, resulted in consistent patient satisfaction, cost reduction and key clinical quality initiatives. Under Murphy's leadership, a 328-bed, $507 million replacement hospital for Prentice Women's Hospital opened.
“The board is confident that Dennis is the right leader to continue our transformation as the pre-eminent leader in clinical care, education, research and service,” said Anne Nobles, chair of IU's Health board of directors.
Evans, 66, has managed the expansion of the IU Health system from three hospitals in downtown Indianapolis to a unified health system of nearly 20 hospitals and health centers throughout Indiana that treat more than 2.5 million patients per year. Recently, Evans announced a $1 billion investment in a new adult academic health center in downtown Indianapolis, which will serve as the system's principal referral center for patients with severe illnesses and complex cases.
Evans has championed the recently announced plan for a regional academic health campus in Bloomington and helped lead the development of the Strategic Research Initiative, a five-year, $150 million collaboration between IU Health and IU School of Medicine that was created to advance research and treatments for patients with cancer, cardiovascular disease and neurological disorders. Evans has also been involved in numerous legislative healthcare matters, and has pushed for continued government funding of the graduate medical education program.
IU Health reported total revenue of $5.7 billion in its fiscal 2014, up 5.8% from 2013, according to Modern Healthcare's Healthcare Systems Financial Database.