Brian White will lead Bon Secours Mercy Health's eastern region as Atlantic Group president, the Catholic health system announced Thursday.
White was an executive vice president of Baltimore, Md.-based integrated health system LifeBridge Health, where he oversaw the not-for-profit's operations as well as the acquisition of hospitals and health-related for-profit companies. He assumed the Bon Secours Mercy role in mid-April and manages the New York, Maryland, Virginia, South Carolina and Florida markets.
"Brian's extensive experience in clinical quality and patient safety, coupled with his impressive business acumen, will position our eastern markets to continue to meet the challenges of a changing healthcare industry," Bon Secours Mercy Health COO Brian Smith said in prepared remarks.
Cincinnati-based Bon Secours Mercy has 43 hospitals and more than 57,000 employees across Florida, Kentucky, Maryland, New York, Ohio, South Carolina and Virginia.
Mercy Health and Bon Secours Health System completed their merger in September 2018, expanding its combined network to 43 hospitals, more than $8 billion in net operating revenue and 57,000 employees. The combined entity divided operations into three regions—Atlantic, Mid-American and Great Lakes. Interim Atlantic Group president Mark Nantz filled in while the organization was recruiting executives.
Over a four-month period following the merger, the health system reported $58.9 million in recurring operating income, which excludes restructuring and integration expenses, on operating revenue of $2.7 billion. With the $95.5 million of one-time costs, its operating income fell to negative $36.6 million. Those losses included an impairment charge on the now-defunct HealthSpan Partners' investment in Summa and merger-related costs.
That compared to $72.9 million in recurring operating income on revenue of $2.69 billion over the same period the year prior. Operating income fell slightly to $68.2 million with $4.7 million of one-time expenses.
