Gary-based Methodist Hospitals has named Raymond Grady president and chief executive officer. He will succeed Chief Medical Officer Michael Davenport, who has served as interim CEO for more than a year. Davenport will return to his CMO position when Grady takes over at the end of the month. Ian McFadden resigned as CEO and President in November 2013.

February 10, 2015

News Release

GARY, Ind. – After an extensive national search, the Methodist Hospitals Board of Directors is pleased to announce that Mr. Raymond Grady has been named President and CEO of Methodist Hospitals.

“Ray Grady comes to us with the background, experience and focus to successfully lead Methodist Hospitals into the future. Mr. Grady is not only a seasoned leader, but he has also demonstrated the ability to build and maintain exceptional relationships with Medical Staff, forge strong partnerships with communities, and to enhance the quality of patient and family experiences,” said Methodist Hospitals Board Chair Mr. Mamon Powers.

Mr. Grady has spent the majority of his career at NorthShore University Health System just north of Chicago, where he served as President of the hospitals and clinics division and CEO of The Evanston Hospital, its flagship hospital. Mr. Grady has also served as the Chief Administrative Officer of Aurora Healthcare, a 15-hospital integrated delivery system. In that position he provided strategic oversight of system wide initiatives in supply chain management, clinical research and Aurora Ventures, the for-profit arm of Aurora.

Mr. Grady has extensive experience in all aspects of hospital and health care management, including quality and safety improvement processes, cost and productivity improvement, clinical partnership development, ACO development and system growth through joint ventures and acquisition. He has worked on health care reform issues at a national level through his service on the American Hospital Association Board of Trustees.

He is a fellow of the American College of Healthcare Executives and has chaired the Illinois Hospital Association, The Institute for Diversity and currently serves on the board of the Association of University Programs in Health Administration. Mr. Grady currently is Executive in Residence, Department of Health Policy and Management of the Graduate School of Public Health at the University of Pittsburgh, and has also served on the adjunct faculty of the Marquette University Graduate School of Business, where he taught healthcare management.

Said Mr. Grady, “I am gratified to be named CEO of Methodist Hospitals. I am excited by the prospect of leading this strong organization as it faces the challenges and opportunities of the health care environment now and into the future. I look forward to working closely with the board, the medical staff and the leadership team and partnering with the Northwest Indiana community and government leaders to continue the hospitals’ mission of bringing high quality health care to all those in need.”

Mr. Grady will join Methodist Hospitals on February 23, 2015.

Dr. Michael Davenport, who has been serving as Interim CEO, will return to his post as Chief Medical Officer. “The Board of Directors extends its sincere gratitude to Dr. Davenport, who has served with distinction over the past year. The entire organization has benefitted from his leadership and insight,” said Mr. Powers.

A reception to introduce Mr. Grady will be scheduled for March 2, 2015 at 3:30 p.m., media will be invited.

Source: Methodist Hospitals

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