Top 25 Minority Executives in Healthcare – 2008
Founder and Board Chairman, Prime Healthcare Services
A board-certified cardiologist and internist, Prem Reddy, 58, is the founder and board chairman of Prime Healthcare Services, Victorville, Calif. The privately held company owns and operates nine acute-care hospitals in Southern California. Reddy has said he is willing to buy financially failing hospitals to get a market presence, and part of his philosophy is a focus on emergency room operations and tight cost controls. Born in a rural village in India, Reddy and his wife immigrated to the U.S. in 1976. After completing residency training in New York, he moved to California, founded a multispecialty medical group in 1985 and in 1994 built a new facility, Desert Valley Hospital, Wildomar, Calif.