New Methodist Hospitals CEO vows to meet ‘triple aim’ of health care - March 3, 2015

Courtesy of NWI Times

March 03, 2015 9:45 am  •  Giles Bruce giles.bruce@nwi.com, (219) 853-2584

GARY | Methodist Hospitals new president and CEO vowed Monday that in his new role he will focus on meeting the “triple aim” of modern health care.

“We’re going to work very hard to improve the cost of care for the populations we serve, to improve the outcomes of care and to improve the patient experience,” Ray Grady said at a public reception at the Methodist Hospitals Northlake Campus celebrating his hire.

Grady’s appointment in February followed a national search for a new chief executive at Methodist, which has hospitals in Gary and Merrillville. He started in the position Feb. 23, after having spent most of his career with NorthShore University Health System in Evanston. He was the president of its hospitals and clinics division there and the CEO of its flagship facility, Evanston Hospital.

Grady also was the chief administrative officer of Aurora Healthcare, a 15-hospital integrated delivery system, and helped shape health care reform at the national level as a member of the American Hospital Association’s board.

Dr. Katrina Wright, the president of Methodist Hospitals medical staff, said the executive search was all but over last year — then Grady’s credentials came across her desk.

“His resume his extraordinary,” she said. “Meeting him was even more so.”

Gary Mayor Karen Freeman-Wilson, who was also part of Methodist’s executive search committee, said Grady is the man for the job because he recognizes Methodist’s importance to the community.

“I would like to thank Mr. Grady for not only joining the Methodist family, but for joining the Gary family,” she said.

“I’m committed to working with you to move Gary in the right direction,” Grady told her Monday.

Dr. Michael Davenport, who served as interim president and CEO since Ian McFadden resigned in November 2013, said Grady brings with him a record of improving patient outcomes and safety at the hospitals he has served.

“It’s easy to introduce the person who’s succeeding you when you respect him and when you like him,” Davenport said Monday.

Grady, who called Methodist’s finances “stable,” said he would work to put the hospital system in the best position possible to benefit from the changing health care landscape. That will benefit not only Methodist, he said, but the people it serves.

“While we are a not-for-profit institution, I want you to know we do have shareholders. And our shareholders are the patients and families who come to us for care,” he said. “Every time we improve the health of one individual in this community or the health of the community at large, we pay a significant dividend to our shareholders.”