Issue link: https://beckershealthcare.uberflip.com/i/956253
14 ASC TURNAROUNDS Surgery Partners Brings on Another Anthem Exec as Chief Strategy and Transformation Officer, Interim CFO: 5 Things to Know By Laura Dyrda S urgery Partners appointed R. David Kretschmer chief strategy and trans- formation officer as well as interim CFO, effective Feb. 12. "2018 will be a transformative year for our company, and we are excited to add David to our leadership team," said CEO Wayne De- Veydt. "David brings unique experience, per- spective and motivation to Surgery Partners, along with a strong financial background and a history of generating superior results." Here are five things to know: 1. Prior to joining Surgery Partners, Mr. Kretschmer was senior vice president of treasury and corporate strategy at Anthem. He spent more than 25 yearts of his career at Anthem, holding various leadership roles and eventually managing Anthem's $24 bil- lion investment portfolio. Mr. DeVeydt, also a former Anthem executive, joined Surgery Partners as CEO on Jan. 5. 2. Mr. Kretschmer has experience in treasury and corporate finance, enterprise risk management, corporate strategy and development, as well as cash collections and disbursements. 3. Mr. Kretschmer will take on the role of interim CFO in the near term, replacing Teresa Sparks, who stepped down to pursue other opportunities. She spent a combined 20 years with Symbion and Surgery Partners, leading the legacy company Symbion aer Surgery Partners acquired the firm. Surgery Partners retained Russell Reynolds, an execu- tive search firm, to support efforts to appoint a permanent CFO. 4. Ms. Sparks will continue to support Mr. Kretschmer and the transition of the finance and investor relations functions, and consult with Surgery Partners for six months until a permanent CFO is identified. 5. In tandem with announcing the leader- ship moves, Surgery Partners reaffirmed guidance for 2017 revenue of $1.3 billion to $1.33 billion. e company currently has 180 locations in 32 states, including ASCs and surgical hospitals. n is announcement appears as a matter of record only. is pleased to announce the recent closing of acquisition and/or sale and leaseback real estate transactions for: ASCs Inc. advised the sellers ASCs Inc. advises physician-owners of surgery centers, endoscopy centers, and surgical hospitals on realizing maximum value from the formation of strategic partnerships with leading management companies and hospitals and the sale and leaseback of ASC/MOB real estate. For information contact: Jon Vick, President, ASCs Inc. 760-751-0250 • jonvick@ascs-inc.com • www.ascs-inc.com Berkshire Eye Surgery Center (PA) Southwest Endoscopy Center (CO) Hanover Surgery Center (PA) Dublin Surgery Center (OH) Mt. Zion Surgery Center (UT) Gulf Professional Center & ASC (FL)