Former Cleveland Clinic CEO Dr. Toby Cosgrove joins CareCentrix as strategic advisor
Under his leadership, Cleveland Clinic's revenues grew from $3.7 billion in 2004 to $8.5 billion in 2016.
Dr. Delos "Toby" Cosgrove, former CEO of the Cleveland Clinic and current Google Executive Advisor to its Strategic Advisory Board, has joined CareCentrix as an executive advisor to its strategic advisory board. CareCentrix is a provider of home-based and post-acute care solutions.
Cosgrove helmed the Cleveland Clinic for nearly 13 years, transitioning out of that role in 2017 but continuing to serve in an advisory capacity. He was considered a potential pick by President Donald Trump to run the Department of Veterans Affairs, but declined the job and instead serves in an advisory role to Trump.
Cosgrove is an evangelist of the Quadruple Aim that embraces the role of patient and provider satisfaction to improve outcomes and reduce cost. In his tenure at the Cleveland Clinic, he presided over the system's multibillion-dollar healthcare and global leadership in clinical excellence, patient experience and outcomes, innovation, advanced care models and cost efficiency.
Under his leadership, Cleveland Clinic grew into an $8 billion health system with multiple locations in Ohio, Florida, Nevada, Canada, Abu Dhabi and, this year, London. And over Cosgrove's tenure, the system's revenues grew from $3.7 billion in 2004 to $8.5 billion in 2016. It has become Ohio's largest employer with more than 50,000 caregivers. Last year, U.S. News and World Report ranked it No. 2 in the nation in terms of clinical outcomes, patient experience and wellness.
Before becoming CEO in 2004, Cosgrove was a cardiac surgeon for nearly 30 years, performing 22,000 operations. He also acted as a consultant for the Obama administration, serving on the Veterans Administration Commission on Care in 2015.
ON THE RECORD
"To reform healthcare the right way we need to embrace new care models and harness the power of data to deliver the care that patients want and families deserve," Cosgrove said. "CareCentrix's focus on home-based and post-acute care is critically important to healthcare's transformation over the next decade to drive quality and to bend the cost curve, while delivering the best patient and provider satisfaction."
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Email the writer: jeff.lagasse@himssmedia.com
