Top 25 Minority Executives in Healthcare – 2014
Prem Reddy
Chairman, president and CEO, Prime Healthcare Services
In 2001, Reddy, a board-certified internist and cardiologist, founded Prime Healthcare Services, a privately held for-profit company based in Ontario, Calif., that now operates 20 acute-care hospitals in California, Nevada, Pennsylvania and Texas. The system specializes in acquiring and turning around financially distressed hospitals. In 1994, Reddy built Desert Valley Hospital in Victorville, Calif., an 83-bed facility he later sold and then reacquired that became one of Prime's first hospitals. Reddy, 65, commits time, money and other resources to charity care nationally and internationally through the Prime Healthcare Services Foundation and the Dr. Prem Reddy Family Foundation.