Becker's Hospital Review

23 Leadership & Management LACK OF COORDINATION. INABILITY TO FOCUS. INCREASED HEART RATE. All symptoms of an EMERGENCY department that needs Sheridan leadership. sheridanhealthcare.com 888-719-6272 Outsourced Clinical & Management Services ANESTHESIOLOGY | EMERGENCY | NEONATOLOGY | RADIOLOGY 7. Delos "Toby" Cosgrove, MD, has worked for the world-renown, $6.5 billion Cleveland Clinic for 40 years and has led the system as presi- dent and CEO for more than 10. Dr. Cosgrove was also a surgeon in the U.S. Air Force, serving as chief of U.S. Air Force Casualty Staging flight in Da Nang, Republic of Vietnam. Even before his CEO appointment, Dr. Cosgrove was a leader and innovator at Cleveland Clinic. He was the first to perform a minimally invasive mitral valve surgery in 1996, a practice that is widely used today. Dr. Cosgrove helped set up Cleveland Clinic In- novations, the technology transfer and commercialization arm of the sys- tem, which has enabled nearly 60 offshoot companies to develop. NASA is one of Cleveland Clinic's most recent partners under the innovation arm. Under his direction, Cleveland Clinic has expanded across the U.S. and abroad — Cleveland Clinic Abu Dhabi in the United Arab Emirates expects to see its first patients later this year. Dr. Cosgrove has spearheaded several initiatives that have propelled the Clinic to its current level of prominence, including the Clinic's same-day appointment promise, the country's first tuition-free medical center and the construction of the first-of-its kind Global Center for Health Innovation, a hospital supply showroom attached to the Cleveland Convention Center. In 2014, President Barack Obama of- fered Dr. Cosgrove the position of Secretary of the Department of Veterans Affairs, which Dr. Cosgrove declined. 8. Bill McGuire, MD, who served as CEO of UnitedHealth Group from 1991 to 2006, has garnered the most media attention over the last several years for his compensation. According to the Wall Street Journal's July 2010 list of "The Decade's 25 Top Earners," Dr. McGuire earned $469.3 million in total realized compensation from 2000 to 2010. It later turned out that a significant amount of Dr. McGuire's compensation came from back-dated stock options, a discovery that led to his resignation, according to Health Care Renewal. (Dr. McGuire agreed to forfeit $418 million to settle the claims against him, according to The New York Times.) However, since then, Dr. McGuire has made a new name for himself and has invested in several different ventures. In early 2013, he purchased Minnesota's professional soccer team, Minnesota United FC, after which he completely rebranded it and rebuilt its business operations. Just four months after purchasing the team, United had more than 60 employees, double the amount at the time of the sale. The club also upgraded to a new, 2,400-square-foot office in Golden Valley. Dr. McGuire also joined the board of directors of Rebiotix, a biotechnology and fecal transplant company based in Roseville, Minn., in 2013. In September of 2013, Dr. McGuire effectively bought his entire neighborhood. Since purchasing his Orono, Minn., residence in 1997 for around $2.7 million, Dr. McGuire spent approximately $17 million in eight transactions to acquire the adjacent properties, ultimately garnering him 30 acres. While he decline to comment on his intentions, local real estate agents suggest he was investing in valuable land during a time the real es- tate market had bottomed out. 9. George C. Halvorson served as chairman and CEO of Oakland, Calif.-based Kaiser Permanente, from 2002 through 2013. Kaiser is the na- tion's largest nonprofit health plan and hospital system, serving more than 9 million members and generating roughly $50 billion in annual revenue. Mr. Halvorson, a strong proponent of health IT, led the completion of the system's multi-year rollout of the KP HealthConnect EMR system — based on software from Epic — in 2010. Under Mr. Halvorson's leadership, Kai- ser also became a leader in electronic connectivity between physicians and patients, with more than 12 million annual "e-visits" in place of in-office clinical visits, and more than 100 million lab reports, test results and care updates digitally sent to patients by their Kaiser providers as of April 2014. Mr. Halvorson has been the recipient of several major honors, including the 2013 HISTalk Health Care IT Lifetime Achievement Award and Ameri- ca's Health Insurance Plans Inaugural Lifetime Achievement Award, among others. Mr. Halvorson has established himself as a prominent voice in the healthcare reform conversation, and has authored five healthcare reform guidebooks. In 2012, he published "KP Inside: 101 Letters to Us at Kaiser Permanente," a compilation of letters he wrote to Kaiser Permanente em- ployees each week since September 2007. He's also served as an advisor to the governments of Uganda, Great Britain, Jamaica and Russia on issues such as health policy and financing. n

• Cover