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Acute Care Executive Officer

Location:
Irvine, CA
Posted:
November 25, 2023

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Resume:

Chief Executive Officer

Peter F. Bastone, MPH/CORP MGE, MCHM

Mission Viejo, Ca. 949-***-**** ad1f0i@r.postjobfree.com Health Impact/Conversion Foundation Acute Care Hospitals For Profit & Non-Profit Systems Faith-Based Organizations & Hospital Authorities

LEADERSHIP HISTORY & ACCOMPLISHMENTS

CalOptima Health 2023- present

CalOptima Health is the single largest health insurer in Orange County California, providing coverage for one in four residents or 1 million through four programs, Medi-Cal, One Care Connect, One Care, and PACE. The organization was created to fill a critical need for the underserved and is a model community health plan recognized for delivering access to quality care. CalOptima is a prudent steward of public funds awarded by the State of California and the Federal Government. About96 cents of every dollar received goes directly to medical care. Administrative costs are among the lowest in California (4.5%), compared with other public and commercial health plans. CalOptima’s mission is to serve member health with excellence and dignity, respecting the value and needs of each person. Chief Strategy Officer CalOptima Health

Serves as a member of the executive team responsible for developing, executing and leading CalOptima Health’s overall strategic planning efforts and key initiatives. Based on the strategic plan and tactical priorities approved by the board and the CEO, provides executive leadership an oversight and has accountability for CalOptima Health’s strategic planning, development and the coordination of efforts to achieve the goals, objectives and expected outcomes. In addition, anticipates and continuously improves communications while leveraging resources to carry out organizational priorities and effectively promote CalOptima Health’s mission and vision

Core Responsibilities:

• Develops long-term business strategies to support CalOptima Health’s vision, mission, tactical priorities and growth

• Identifies key health service issues affecting CalOptima Health’s business position

• Develops strategic alignments and quality initiatives with delegated Medi-Cal organizations

• Identifies opportunities or weaknesses in ongoing strategies and develops solutions, practices and strategies

• Uses financial modeling to create budgets, forecast company performance and analyze the success of business strategies

KPC Global Healthcare Inc. 2022 – 2023

A pioneer in technology for the healthcare industry, the KPC Group healthcare division and KPC Global Health, is an established group of integrated healthcare delivery systems consisting of acute care hospitals, Independent Physicians Associations (IPAs), medical groups, urgent care facilities, and various fully integrated multi-specialty medical facilities throughout the western United States.

Corporate Vice President & Chief Operating Officer of KPC Health. Accountable for all Hospital and clinical ancillary domestic business development growth strategies and operations for KPC Health (7 Acute Care Medical Centers). Develops system-wide initiatives designed to improve the health of the communities served by KPC Health, and investigates domestic opportunities for new business and service lines. In addition, responsible for leadership of overall operations, as well as operational accountability for all group operations, directs capital planning processes, and provides leadership and direction in realizing KPC Health's mission, vision and long-range objectives. Also provides oversight and direction respective to operationalizing the strategies of KPC Health, facilitates the implementation of initiatives in support of approved strategies and ensures effective communication and integration between the CEO, executive leadership members and leaders of the Medical Centers. Also collaborates with other Executive leadership members and share Transformational leadership that accelerates profitability and operational performance for 30+ years Innovative, future-focused leader who transforms health impact conversion and health systems into nationally recognized medical centers. Delivered $350M in total financial turnarounds across career, while energizing and rejuvenating spirit of organizations through robust employee engagement. Proficient in growing philanthropic support $500 million over 15 years, creating strong physician partnerships to drive clinical integration and collaborating with key stakeholders to achieve business goals.

Peter F. Bastone, MPH/CORP MGE, MCHM 949-***-**** 2 responsibility for the implementation of the established vision of an integrated health care delivery system consistent with the Mission, Values and Vision of KPC Health.

Anchorum St. Vincent—Santa Fe, New Mexico 2017 — 2022 CHRISTUS Health and Anchorum St. Vincent. 50% -50% joint ownership of the health system. The hospital has 2,000 FTEs, 600 physicians and $456M in annual net revenue. EBIDA an independent nonprofit that manages a $300M investment fund and serves as the financial backbone of CHRISTUS St. Vincent Hospital, EBIDA 11.9%, NOI 120Million. President & CEO

Direct all aspects of Anchorum St. Vincent’s business, including daily operations, property management, strategic planning in collaboration with the Board of Directors, investment portfolio oversight and grant making. Lead four-member executive team. Plays a critical leading role in the community by applying a new model of health impact initiatives: Convenes like- minded philanthropic investors, nonprofits, community members, and other partners, then serve as a catalyst to make impact grants, and sound, purposeful impact investments in four key strategic areas—Social Determinants, Health Innovation, Infrastructure, and Extending the Community's Continuum of Care. Impact investments in these key areas will have measurable impact on our underserved citizens, generate social and financial returns, and directly improve the well- being of the people within the communities served. Goals Achieved:

• Grew endowment from $145 million cash to $500 million with impact investments and hard asset conversion making Anchorum the largest independent Health Conversion Foundation in New Mexico and Southwest,

• $12.8 million funded directly to hospital for the development of its comprehensive Orthopedic Institute, grants and other capital investments.

• $18 million invested for community health impact grants and investments in local organizations.

• $1.6 million grant supporting CDPI initiative (Clinical Directing Performance Improvement Program) which helped Christus St. Vincent attain a 5Star CMS rating.

• $3.6 million grant to Christus St. Vincent Hospital to support and develop a work force Assistance program to achieve home ownership.

• $2.2 million grant for Christus St. Vincent to participate in the Mayo Clinic Care Network

• Anchorum has committed $25 million towards new impact investments, grants to non-profit service providers and innovative projects in Northern New Mexico.

• Over 70 local organizations have benefited from Anchorum grants. IMPACT INVESTMENTS COMPLETED:

• Orthopedic Institute

• Quantum Santa Fe / Phase 1 Cancer Research Company

• $10 million community catalyst fund for affordable housing. IVY HEALTHCARE INNOVATIONS & ANALYTICS (IHIA)—Mission Viejo, California 2011 - Present An independent healthcare consulting firm.

Founder & Principal

Leveraged executive leadership to deliver best-practice intelligence, analytic training and decision-making tools to clinicians and administrative teams at diverse healthcare organizations. Recent client engagements:

Avanti Hospitals, Inc.: Formulated operational assessment and business development strategies for organization that treats at-risk population in East Los Angeles. Additionally, provided initial operations performance review of Howard University Medical Center in Washington, D.C.

Peter F. Bastone, MPH/CORP MGE, MCHM 949-***-**** 3

Paladin Healthcare Capital: Provided assessment support to development of target hospital profiles and meet proprietary acquisition strategy focused on institutional performance, urban center location, competitive position in market and service orientation, among other factors.

Progressive Health six skilled nursing facilities. Currently developing, investing and operationalizing a continuum of care on its campuses, which include independent living, assisted living and skilled nursing. CHESAPEAKE REGIONAL HEALTHCARE (CRH)—Chesapeake, Virginia 2012—2016 A health system serving the Hampton Roads areas of Virginia, including a 362-bed hospital; two freestanding surgery centers; two outpatient diagnostics centers; cancer, breast and fitness/lifestyle centers; a homecare and hospice company; two sleep labs; a 27- provider specialty medical group; and several joint ventures. President & Chief Executive Officer

Recruited to turn around struggling health system, including a joint-ventured Critical Access Hospital (24 beds) between CRH and Vidant Health on the Outer Banks of North Carolina. Held oversight for Impact Health, an ACO/CIN joint venture between CRH/Chesapeake Hospital Authority and Bayview Medical Group (400 physicians) to provide clinical support and MSO services for clinical integration. Directed eight VPs.

Orchestrated a 479% turnaround in operating income, moving CRH from a $29M loss to a $6.5M gain between 2014 and 2015; decreased bad debt from 10.7% to 5.1%; and reduced A/R from 107 to 47 days.

Envisioned and developed a business model and organizational structure for Impact Health to drive patient care, payment transformation and key components of a successful ACO and clinically integrated network.

Devised and implemented strategic and business operations plans to position CRH for future growth. Forged strong relationships with the Board, staff and key stakeholders; ensured financial viability and sustainability through growth and diversification of service lines, as well as vigilante fiscal management.

Created and implemented comprehensive, multi-pronged strategic plan focused on expanding primary care network to prepare for population health management; forging strategic partnerships to achieve cost reduction, geographic expansion and improved managed care contracts; and leveraging shared services. Combined effort contributed $20M in net revenue growth, supporting turnaround.

Designed and launched strategic branding/marketing plan within six months of hire, including website enhancements, digital marketing and broad-based media outreach, to elevate CRH’s visibility and differentiate it in a highly competitive marketplace.

Established performance analytics department that helped to reduce Medicare LOS from 5.4% to 4.8% and Medicare total cost per case 5.3% ($10,765 to $10,000) through performance-based clinical metrics, evidence-based medicine protocols and closed intensivist ICU and hospitalist program. CHA HEALTH SYSTEMS—Greater Los Angeles Area & South Korea 2012—2013 A privately held health system, with eight acute care hospitals in Korea and one American hospital. Chief Administrative Officer

Led US operations and strategy for health system, including oversight for Hollywood Presbyterian Hospital (464 beds). Charged with advancing corporate vision to build international network of clinics and research institutes to promote bio- medicine and bio-ventures. Managed 12 direct reports.

Led startup funding of $30M and served as President of Intellectual Property Development Company/INTELLOP for CHA/USA. Directed sourcing, selection and IP assessment of biotech opportunities in stem cell lines, prosthesis and procedures for development and FDA approval.

Formulated and introduced a new strategy for CHA Fertility Center and clinical data reporting, including: o Standardized all data published by CDC/SART.

o Published all statistics on success rates as compared to other centers and national average. o Redesigned website for the Korean, Japanese and American patient populations. Peter F. Bastone, MPH/CORP MGE, MCHM 949-***-**** 4 o Developed an ovum bank facility and negotiated acquisition of major cryo bank facility.

Supported regenerative medicine GMP facility for stem cell research, as well as phase II/III studies.

Structured and negotiated a platform to advance stem cell therapy for heart failure through phase II/III trials on three continents simultaneously—Mayo Clinic, Cardio 3 Belgium and CHA Health System.

Forged relationship with NFL and its players’ union to provide care for the league’s West Coast alumni through monitoring, cognitive therapies, genetic testing, physical therapy and nutrition counseling. ST. JOSEPH HEALTH—Orange, California 1996—2011

President & Chief Executive Officer

Mission Hospital Regional Medical Center—Mission Viejo, California Mission Hospital Laguna Beach—Laguna Beach, California Set and executed aggressive growth strategy for major tertiary medical and trauma center, comprised of two campuses (552 total beds), 800 physicians, 3,000 FTES and $750M in annual net patient revenue, as well as a separately licensed 50-bed children’s hospital under a shared service agreement. Directed eight-member executive team. Managed $500M annual operating budget.

Achieved $77M (17%) operating EBIDA and 157 days-cash-on-hand in 2010, up from $0.

Spearheaded philanthropic efforts that drove contributions to $200M+ over 15 years and exceeded fundraising targets for two capital campaigns by $26M. Launched third capital campaign in 2011, raising

$6.8M of the $8M target in first four months with a cumulative goal of

$500M targeted for 2020.

Overhauled scope of services offered at Laguna Beach campus, which included expanding behavioral health and chemical dependency treatment, increasing surgical schedule and expanding emergency services. Renegotiated payer contractors, improving revenue 12% and patient volume 11%.

Opened $162M, 94,000-square-foot, four-story patient care tower that was featured on WorldArchitectureNews.com as one of the nation’s most advanced diagnostic facilities. Coverage focused on patient-centered design, superior seismic performance, 45-seat chapel, healing garden, linear accelerator and future Cyberknife.

Piloted the startup of medical foundation group with four family practice physicians. Completed construction of nearly 7,000-square-feet of office space on the first floor of a medical plaza for Mission Heritage Medical Group, with on-time grand opening in August 2010.

Created mission and mentoring program that promoted values of sister facility and spiritual formation in the hospital leadership. Program was subsequently adopted at 15 hospitals across system.

Secured a $500K annual endowment (totaling $6M) from a recovered patient’s family to provide training at trauma centers nationwide on new traumatic brain injury protocols that have reduced mortality and morbidity by 80%. Program expanded to train medical personnel at military facilities in Afghanistan and Iraq.

Designed co-management agreements for professional and clinical management of at-risk patient populations in cardiology, maternal-child health and orthopedics.

Boosted employee involvement in performance initiatives with 180+ participating in at least one RIE. Certified the system’s first two Six Sigma Black Belts and 15 Six Sigma Green Belts.

Conceived and guided startup of a Mission Innovation Institute that leveraged relationships with 15 biotech firms and facilitated introduction of research-based findings into delivery of neurology, neurospine and trauma services, as well as pharmaceutical trials. Generated $5M in net income while accelerating time from bench to bedside. Recognized by American College of

Surgeons as one of the nation’s top

community-based trauma centers

•••

Featured in Modern Healthcare for

ranking fourth nationally by CMA for

clinical outcomes for CABGs based on

quality, LOS and cost.

•••

Two-time winner of The Joint

Commission’s “Codman Award,” the top

clinical quality honor

•••

Achieved 95th percentile in Gallup

AWARDS RECOGNITION

Peter F. Bastone, MPH/CORP MGE, MCHM 949-***-**** 5

Established an orthopedic residency program with six medical residents annually from University of California Irvine School of Medicine to support a mission of medical education, faculty development and recruitment of specialty physicians to support the sole trauma center in the region.

Introduced patient monitoring solution that provided OBs with real-time health data on their smart phones, including fetal heart racing and maternal contractions, to improve decision-making and patient care. Hospital was the first facility in Orange County to adopt this technology.

Invested $5M in philanthropic funds to launch a robotic institute, featuring leading surgical robots such as DaVinci, Mako, InTouch and OctoCardio. Each device reduced LOS by one, two and three days respectively by specialty.

Engaged 200+ volunteers to participate in “No One Dies Alone” outreach program, which provided 600 hours at the bedsides of 33 terminal patients.

Conceived, developed and maintained separately licensed children’s hospital in unique shared service agreement with Children’s Hospital of Orange County. Hospital was located within a licensed adult regional medical center, with 50 pediatric med/surg beds, 15-bed PICU, 30-bed Level II NICU, Level II Pediatric Trauma Receiving Center and 15- bay Kids Doc Urgent Care. All services, ancillaries and staff provided by Mission Hospital, except for pediatric floor nurses.

o Grew pediatric services 5% annually on average, while margin of profitability held at 7% for 15 years. EARLY CAREER

Carondelet Health—St. Louis, Missouri

President & CEO Daniel Freeman Memorial Hospital—Inglewood, California National Medical Enterprises, Inc.—Santa Monica, California CEO Doctors Hospital Montclair / Ontario Community Hospital—Montclair and Ontario, California Administrator & COO Century City Hospital—Century City, California American Medical International (AMI)—Beverly Hills, California Regional Finance / Medical Operations Consultant—Sierra Pacific Region/Western Division Acting CEO, Rancho Encino Hospital

Associate Administrator / COO, Rancho Encino Hospital Assistant Administrator, Rancho Encino Hospital

Management Associate, AMI Corporate Headquarters

o Olympic Polyclinic Executive Director, LA Olympic Organizing Committee, Olympic Health Services/AMI Samuel Merritt Hospital—Oakland, California

Planning Analyst / Administrative Resident

EDUCATION & PROFESSIONAL AFFILIATIONS

Aquinas Institute of Theology—St. Louis, Missouri

Master of Science, Theology & Healthcare Mission

University of California, Berkeley, HASS School of Business—Berkeley, California Master of Science, Public Health/Corporate Management Princeton University—Princeton, New Jersey

Bachelor of Arts, Psychology, with Honors

Recipient of Charles Caldwell Post Graduate Fellowship Harvard Business School, “Business Innovations in Global Health Care” Post Graduate Certification, 2006 University of Cambridge /Judge Business School Corporate Strategic Planning/ Post Graduate Certification 2023

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American College of Healthcare Executives Member National Health Foundation Fellow

Peter F. Bastone, MPH/CORP MGE, MCHM 949-***-**** 6 National Committee for Quality Healthcare Fellow SELECT AWARDS

Health Stream “Excellence Through Insight Award—Patient & Employee Satisfaction”

Orange County Metro “Hot 25” Honoree (Hospital Category)

Building Investors of America, “Leadership Award for Addressing Affordable Housing”

Society for Advancement’s “Manager of the Year”

Ethics in America “Achievement Award”

Boy Scouts “Man of Character Award”

J. Serra High School, “Tim McGraw Philanthropy Award”

South Orange County Chambers of Commerce “Ethics Award”

American Heart Association, “Friend With Heart/Top Volunteer Director” ACHE/Harvard Business Journal’s

“Top Innovator Award”

CHA/Catholic Hospital Association, “Cardinal Bernadine Award for Catholic Bio Ethics”

The Aquinas Institute of Theology “Fr Kevin O’Rourke Catholic Healthcare Ethics Award and Fellowship SELECT COMMUNITY INVOLVEMENT

• Princeton University

o President, Class of 1980

o Princeton Club of Southern California, President Emeritus & Chairman of 250th Celebration o Princeton Football Association, Vice President

o National Schools Committee, Member

St. Louis University School of Public Health National Advisory Board Member

American Hospital Association Member

Alliance of Catholic Healthcare Former Chair and Executive Committee Member

Hospital Association of Southern California (HASC) Former Board Member

Mission San Juan Capistrano Mission Preservation Foundation Board Member

Camino Community Health Center Board Member

J. Serra High School Board of Trustees Member

Women’s Choice Award Healthcare Advisory Board Member

Chesapeake Rotary Former Member

Hampton Road Chamber of Commerce Former Trustee

YMCA of South Hampton Roads Former Board Member

Chesapeake Care Clinic Former Board Member

Outer Banks Hospital Former Board Member

CHRISTUS St. Vincent Hospital Board Board Vice Chair

CHRISTUS St. Vincent Hospital Community Health and Wellness Committee Board Chair

Interfaith Shelter, Santa Fe, New Mexico Board Member

Villa Therese Catholic Clinic, Santa Fe, NM Board Member

St. Michaels College Prep High School Board Member



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