Skip to main content
Sister Publication Links
  • ESG: THE IMPLEMENTATION IMPERATIVE
Subscribe
  • Sign Up Free
  • Login
  • Subscribe
  • News
    • Current News
    • Providers
    • Insurance
    • Digital Health
    • Government
    • Finance
    • Technology
    • Safety & Quality
    • Transformation
    • People
    • Regional News
    • Digital Edition (Web Version)
    • Patients
    • Operations
    • Care Delivery
    • Payment
    • Midwest
    • Northeast
    • South
    • West
  • Unwell in America
  • Opinion
    • Bold Moves
    • Breaking Bias
    • Commentaries
    • Letters
    • Vital Signs Blog
    • From the Editor
  • Events & Awards
    • Awards
    • Conferences
    • Galas
    • Virtual Briefings
    • Webinars
    • Nominate/Eligibility
    • 100 Most Influential People
    • 50 Most Influential Clinical Executives
    • Best Places to Work in Healthcare
    • Excellence in Governance
    • Health Care Hall of Fame
    • Healthcare Marketing Impact Awards
    • Top 25 Emerging Leaders
    • Top 25 Innovators
    • Diversity in Healthcare
      • - Luminaries
      • - Top 25 Diversity Leaders
      • - Leaders to Watch
    • Women in Healthcare
      • - Luminaries
      • - Top 25 Women Leaders
      • - Women to Watch
    • Digital Health Transformation Summit
    • ESG: The Implementation Imperative Summit
    • Leadership Symposium
    • Social Determinants of Health Symposium
    • Women Leaders in Healthcare Conference
    • Best Places to Work Awards Gala
    • Health Care Hall of Fame Gala
    • Top 25 Diversity Leaders Gala
    • Top 25 Women Leaders Gala
    • - Hospital of the Future
    • - Value Based Care
    • - Supply Chain
    • - Hospital at Home
    • - Workplace of the Future
    • - Digital Health
    • - Future of Staffing
    • - Hospital of the Future (Fall)
  • Multimedia
    • Podcast - Beyond the Byline
    • Sponsored Podcast - Healthcare Insider
    • Video Series - The Check Up
    • Sponsored Video Series - One on One
  • Data Center
    • Data Center Home
    • Hospital Financials
    • Staffing & Compensation
    • Quality & Safety
    • Mergers & Acquisitions
    • Data Archive
    • Resource Guide: By the Numbers
    • Surveys
    • Data Points
  • MORE+
    • Contact Us
    • Advertise
    • Media Kit
    • Newsletters
    • Jobs
    • People on the Move
    • Reprints & Licensing
MENU
Breadcrumb
  1. Home
  2. People
January 06, 2022 02:12 PM

Ex-Baylor Scott & White CEO jumps to Welsh, Carson, Anderson & Stowe

Tara Bannow
  • Tweet
  • Share
  • Share
  • Email
  • More
    Reprints Print
    Jim Hinton

    On the heels of his departure as CEO of Baylor Scott & White Health, Jim Hinton is joining a prominent private equity firm focused on healthcare and technology.

    Welsh, Carson, Anderson & Stowe announced Thursday that Hinton will join the firm as an operating partner in its Healthcare Resources Group. Hinton retired Dec. 31 as CEO of Texas' largest not-for-profit health system, a position he had held since 2017.

    "We are thrilled to welcome Jim to the WCAS team for the next chapter in his career," Brian Regan, head of WCAS' healthcare group, said in a news release. "His decades of experience leading major health systems, partnering with clinicians and focusing on improving the patient experience will be incredibly valuable to WCAS and our portfolio companies."

    Welsh, Carson, Anderson & Stowe is a major player in the healthcare and technology industries, having raised and managed funds totaling more than $27 billion in committed capital. In August, the private equity firm launched a new portfolio company, Valtruis, that directs money to healthcare providers and payers that use value-based payment models and has invested an initial $300 million into the venture.

    "I have known and respected the WCAS team for many years and look forward to becoming involved in their diverse group of leading healthcare companies," Hinton said in a new release. "I am particularly excited about the track record of WCAS partnering with healthcare systems to improve the quality, experience and value for patients."

    Download Modern Healthcare’s app to stay informed when industry news breaks.

    Hinton spent 38 years as a healthcare executive. Prior to becoming Dallas-based Baylor Scott & White's CEO, he worked at Presbyterian Healthcare Services in New Mexico for more than three decades, including as CEO for 21 years. He served as chairman of the American Hospital Association's board in 2014. Modern Healthcare has named Hinton among its 100 Most Influential People in Healthcare five times, most recently in 2021.

    Under Hinton's leadership, Baylor Scott & White took an aggressive stance toward outsourcing, laid off hundreds of employees and replaced them with workers from third-party companies. The most recent publicly reported example was early last year, when the system cut about 1,700 jobs across five areas that could be outsourced: revenue cycle, health information management, information systems, finance and analytics.

    Hinton told Modern Healthcare in June that outsourcing helps address the single biggest issue facing healthcare: affordability. His successor, Peter McCanna, declined to say at the time whether outsourcing would continue under his leadership.

    Baylor Scott & White's finances improved during Hinton's tenure. The system's operating margin went from 3.2% in fiscal 2017—the year he took the helm—to almost 11% in fiscal 2021, which ended June 30.

    Related Articles
    Baylor Scott & White's CEO to retire at end of 2021
    The Check Up: Jim Hinton of Baylor Scott & White Health
    Q&A: Being in 'continual state of readiness' is key to rebounding, says Baylor Scott & White CEO
    Letter
    to the
    Editor

    Send us a letter

    Have an opinion about this story? Click here to submit a Letter to the Editor, and we may publish it in print.

    Recommended for You
    Chris Van Gorder
    How volunteerism shaped the Scripps Health CEO's leadership
    Sutter Health CEO Warner Thomas
    New Sutter Health CEO sets sights on staffing, capacity
    Most Popular
    1
    More healthcare organizations at risk of credit default, Moody's says
    2
    Centene fills out senior executive team with new president, COO
    3
    SCAN, CareOregon plan to merge into the HealthRight Group
    4
    Blue Cross Blue Shield of Michigan unveils big push that lets physicians take on risk, reap rewards
    5
    Bright Health weighs reverse stock split as delisting looms
    Sponsored Content
    People on the Move Newsletter: Sign up to receive a bi-monthly, sponsored content newsletter announcing new hires, promotions, and special accomplishments in the healthcare industry.
    Get Newsletters

    Sign up for enewsletters and alerts to receive breaking news and in-depth coverage of healthcare events and trends, as they happen, right to your inbox.

    Subscribe Today
    MH Magazine Cover

    MH magazine offers content that sheds light on healthcare leaders’ complex choices and touch points—from strategy, governance, leadership development and finance to operations, clinical care, and marketing.

    Subscribe
    Connect with Us
    • LinkedIn
    • Twitter
    • Facebook
    • RSS

    Our Mission

    Modern Healthcare empowers industry leaders to succeed by providing unbiased reporting of the news, insights, analysis and data.

    Contact Us

    (877) 812-1581

    Email us

     

    Resources
    • Contact Us
    • Advertise with Us
    • Ad Choices Ad Choices
    • Sitemap
    Editorial Dept
    • Submission Guidelines
    • Code of Ethics
    • Awards
    • About Us
    Legal
    • Terms and Conditions
    • Privacy Policy
    • Privacy Request
    Modern Healthcare
    Copyright © 1996-2023. Crain Communications, Inc. All Rights Reserved.
    • News
      • Current News
      • Providers
      • Insurance
      • Digital Health
      • Government
      • Finance
      • Technology
      • Safety & Quality
      • Transformation
        • Patients
        • Operations
        • Care Delivery
        • Payment
      • People
      • Regional News
        • Midwest
        • Northeast
        • South
        • West
      • Digital Edition (Web Version)
    • Unwell in America
    • Opinion
      • Bold Moves
      • Breaking Bias
      • Commentaries
      • Letters
      • Vital Signs Blog
      • From the Editor
    • Events & Awards
      • Awards
        • Nominate/Eligibility
        • 100 Most Influential People
        • 50 Most Influential Clinical Executives
        • Best Places to Work in Healthcare
        • Excellence in Governance
        • Health Care Hall of Fame
        • Healthcare Marketing Impact Awards
        • Top 25 Emerging Leaders
        • Top 25 Innovators
        • Diversity in Healthcare
          • - Luminaries
          • - Top 25 Diversity Leaders
          • - Leaders to Watch
        • Women in Healthcare
          • - Luminaries
          • - Top 25 Women Leaders
          • - Women to Watch
      • Conferences
        • Digital Health Transformation Summit
        • ESG: The Implementation Imperative Summit
        • Leadership Symposium
        • Social Determinants of Health Symposium
        • Women Leaders in Healthcare Conference
      • Galas
        • Best Places to Work Awards Gala
        • Health Care Hall of Fame Gala
        • Top 25 Diversity Leaders Gala
        • Top 25 Women Leaders Gala
      • Virtual Briefings
        • - Hospital of the Future
        • - Value Based Care
        • - Supply Chain
        • - Hospital at Home
        • - Workplace of the Future
        • - Digital Health
        • - Future of Staffing
        • - Hospital of the Future (Fall)
      • Webinars
    • Multimedia
      • Podcast - Beyond the Byline
      • Sponsored Podcast - Healthcare Insider
      • Video Series - The Check Up
      • Sponsored Video Series - One on One
    • Data Center
      • Data Center Home
      • Hospital Financials
      • Staffing & Compensation
      • Quality & Safety
      • Mergers & Acquisitions
      • Data Archive
      • Resource Guide: By the Numbers
      • Surveys
      • Data Points
    • MORE+
      • Contact Us
      • Advertise
      • Media Kit
      • Newsletters
      • Jobs
      • People on the Move
      • Reprints & Licensing