KENNETH P. KATES
th
*** * ****** *****: abpjt4@r.postjobfree.com Office phone: 319-***-****
Coralville, Iowa 52241 Cell phone: 773-***-****
PROFESSIONAL EXPERIENCE
UNIVERSITY OF IOWA HOSPITALS AND CLINICS, Iowa City, Iowa September 2008 to Present
Chief Executive Officer
UNIVERSITY OF IOWA HEALTH CARE
Associate Vice President
Chief Executive for Iowa s only comprehensive academic medical center consisting of 729 beds, 6,400 employees,
770 faculty, 738 residents and fellows, $1.2 billion operating revenues, 30,000 admissions, 26,500 operative cases
and 901,000 on-site and off-site ambulatory visits. Serve as Associate Vice President for University of Iowa Health
Care, the integration of the University of Iowa Hospitals and Clinics, University of Iowa Carver College of Medicine,
and University of Iowa Physicians. Responsible for the overall leadership, operational effectiveness and financial
health of the Hospitals and Clinics.
Led financial turnaround through execution of expense moderation and revenue enhancement program.
Operating income improved from an $(8.7) million loss in Fiscal Year 2009 to a $26.1 million gain in Fiscal Year
2010; a 2.8% operating margin and a $60.3 million gain in Fiscal Year 2011; a 5.8% operating margin. Debt
service coverage increased from 11.0 to 17.1, a growth of 55% over past three years.
To better align cost management and revenue enhancement incentives between the hospital and academic
clinical departments, implemented margin sharing agreements in strategic programs and replaced clinical
department deficit funding agreem ents with relative value unit (RVU) productivity-based support agreements
tied to national benchmarks; improved operational and financial performance and volume growth achieved in
these areas.
Continued growth achieved from Fiscal Year 2009 to Fiscal Year 2011; admissions up 1.5%, ambulatory visits
up 4.2%, operative cases up 10.4%. State-wide market share increased 7.3% over past eight quarters.
Instituted service and operational excellence initiative in partnership with Disney Institute to ensure Excellence
Every Time for patients, families and staff. Over past three years, satisfaction mean scores and percentile
performance improved.
Capital plan ($1.4 billion) to renew and expand facilities major projects underway include an $11 million
Cancer Center opening Fall 2011, a $92 million off-site ambulatory facility opening in Fall 2012, new inpatient
and ambulatory operating rooms ($40 million) opening Fall 2013 and a $285 million, 195 bed children s hospital
opening Winter 2015. Second new bed tower ($400 million estimate) targeted to open in 2020.
Strong information technology performance -- Stage 6 of 7 designation by Health Information Management
Systems Society (HIMSS) achieved for implementation and adoption of electronic medical record technology.
Application for Stage 7 designation submitted. Most Wired designation by Health and Hospital Networks.
Member of University of Iowa Heath Care Cabinet working closely with university leadership to further
strengthen the integrated organization and implement the overarching strategic plan.
UNIVERSITY OF IOWA, COLLEGE OF PUBLIC HEALTH July 2009 to Present
Department of Health Management and Policy
Adjunct Faculty - Professor (2011 to present)
Adjunct Faculty Lecturer (2009-2011)
Instructor for the program s capstone course Issues in Health Management and Policy. Support the Department of
Health Management and Policy in providing administrative fellowships, residencies and internships for students post
graduate as well as mentoring opportunities for current and prospective students.
KENNETH P. KATES Page 2
ALVAREZ AND MARSAL, Chicago, Illinois November 2007 to September 2008
Contractual Senior Director, Healthcare Industry Group
Served as senior consultant on healthcare engagements focusing on improving operational and financial
performance.
LOYOLA UNIVERSITY- CHICAGO, Chicago, Illinois January 2007 to May 2008
Adjunct Faculty Instructor, Health Systems Management Program
Instructor for Introduction to Healthcare Project Management course.
UNIVERSITY OF CHICAGO HOSPITALS AND HEALTH SYSTEM, Chicago, Illinois 1988 to 2007
Executive Vice President and Chief Operating Officer (2001-2007)
Interim President and Chief Executive Officer (2006)
Responsible for the day-to-day operations of 600 bed teaching hospital - 5,600 employees, $1.1 billion operating
revenues, $94 million net income, 1,350 physicians and house staff. Noted for being at the forefront of medicine,
ranked by net patient revenue as Chicago s largest hospital. Achieved U.S. News and World Report Honor Roll of
America s best hospitals, Solucient Top 100 Hospitals ranking and Magnet designation.
Participated in development and implementation of strategic plan - Vision 2010 to position the Hospitals as the
pre-eminent center for complex care in Illinois and the best place to practice academic medicine nationally,
Senior executive leading initiative - Achieving Breakthroughs - to promote a culture of service and operational
excellence through systematic, high level performance, measurement of progress and leadership development.
Achieved substantial improvements in patient, staff and physician satisfaction.
Initiated first ever organization-wide physician and staff opinion survey providing benchmark data to support
action plans for improving the work environment for physicians and staff. Surveys now completed annually.
Strong financial performance, achieving $70 million net operating income in FY05, $32 million in FY06 and
$71 million in FY07. Increased debt capacity by 285% - from $112 million in FY02 to $432 million in FY07.
Successfully implemented and achieved $20 million in operating cost reductions in FY07.
Project Executive for major facility and information technology projects:
Comer Children s Hospital - $148 million replacement hospital, 155 beds, 242,000 square feet, 39% minority
business enterprise (MBE)/women business enterprise (WBE) participation - opened in February 2005.
Project won six awards for architecture, design and partnerships with minority/women owned firms.
Phoenix Project - $70 million integrated clinical information system project implemented over five years.
Comer Center for Specialty Care - $50 million projected project cost, 125,000 square feet. Project includes
pediatric emergency room, pediatric inpatient beds, operating rooms, high technology imaging and outpatient
clinics. First phase was completed in December 2006.
Partnered with Practice Plan leadership to build key clinical programs - lung transplantation, liver
transplantation, cancer, gastroenterology, neurosciences and pediatrics.
Developed and implemented Specialty Care Unit initiative, in partnership with Chief Medical Officer, to actively
manage beds to deploy these scarce resources optimally. This allowed for growth of targeted complex
program patient admissions and resulted in reduced length of stay and improved payer mix.
Increased business diversity across product, goods and professional services. Received awards from Chicago
Urban League in 2003 and Black Contractors United in 2002 and 2006 in recognition of this success.
KENNETH P. KATES Page 3
Director, Children s Hospital/Vice President, Hospitals and Health System (1996-2001)
Senior hospital executive responsible for the direct management and leadership of the 153 bed children s hospital. In
addition, was hospitals senior manager with responsibility for the Departments of Surgery, Anesthesia and Critical
Care, Neurology, Ophthalmology, Radiology and Radiation Oncology.
Vice President for Physician Services and Executive Administrator, Department of Surgery (1991-1996)
In addition to hospital responsibilities, assumed responsibility as the senior administrative officer for the Department
of Surgery; (77 faculty and 155 staff) (Operating Budget of $35M)
Associate Director, Hospitals (1988-1991)
Senior executive responsible for the hospitals surgical programs including management of the operating rooms.
TEMPLE UNIVERSITY HOSPITAL, Philadelphia, Pennsylvania 1979 to 1988
Progressively responsible positions leading to Assistant Hospital Director for Medical Programs in 1982.
BOARD RESPONSIBILITIES
University Health System Consortium
Member Board 2008 to present
Supply Chain Board Committee 2011 to present
Senior Operations Officer Council 2002 to 2007
University of Iowa Health System Board 2008 to present
US Bank Iowa City, Community Advisory Board 2009 to present
Iowa City Area Development (ICAD) Corporation Board 2010 to present
EDUCATION
Temple University Graduate School of Business, Philadelphia, Pennsylvania
MBA - Health Administration, 1980
Administrative Residency at Temple University Hospital
Philadelphia University, Philadelphia, Pennsylvania
BS - Business Administration - Marketing, 1976