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Source: Nashville Post
Author: Staff Reports
Date: February 14, 2024
Nashville-based HCA Healthcare is continuing to reconfigure its leadership team in the wake of the recently announced retirements of its chief financial officer and chief information officer.
Michael McAlevey has been promoted to executive vice president and chief legal and administrative officer, the hospital operator announced this week. Previously, McAlevey was senior vice president and chief legal officer. He joined the company in 2022 from General Electric.
In the new role, McAlevey will oversee managed enterprise risk and external affairs, according to a release. He is assuming responsibility for marketing and corporate affairs, government relations, development, ethics and compliance, and information security.
HCA's three operating groups will now report directly to Jon Foster, chief operating officer and executive vice president, the company also announced. The goal of the move is "to facilitate network integration and growth through enhanced coordination of planning, consistent operational support and faster deployment of best practices," the company said.
Newly named chief information officer and senior vice president Chad Wasserman will report directly to CEO Sam Hazen, as will Mike Schlosser, senior vice president of care transformation and innovation.
Mike Marks, recently tapped as chief financial officer, will assume the traditional responsibilities of the role on May 1, while also taking on oversight of payer contracting and alignment. The goal is to "fully integrate revenue cycle operations."
“These changes are part of our ongoing endeavor to streamline efforts and align organizationally around key strategic initiatives,” Hazen said in the release. “We will continue to maintain an efficient and transparent organizational process underneath this new structure that allows us to conduct the company’s business consistent with our past practices.”
Most of the changes take effect on April 1.