This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

USMD Holdings Expands Executive Management Team

Stocks in this article: USMD

IRVING, Texas, Dec. 12, 2012 (GLOBE NEWSWIRE) -- Building upon the successful transition to a publicly-traded, innovative, integrated health system, USMD Holdings today announced a new management structure designed to support the company's long-term growth. Gary L. Rudin has been named president and chief operating officer and will oversee the areas of physician practice management, outpatient services, hospital division, human resources, communications and marketing, information technology, and strategic planning.  In addition, Karen Kennedy will assume the newly established role of chief development officer and focus on identifying and pursuing avenues of growth, including physician recruitment and practice acquisition.  Effective immediately, both members of the company's management team will begin to transition into their new roles. Gary Rudin, an independent consultant providing strategy, customer relationship, and leadership and executive development services, has served as a director of USMD Holdings since February 2012. Mr. Rudin worked for thirty years at Electronic Data Systems ("EDS") where he rose through the ranks from the first part-time employee to Corporate Senior Vice President.  During his career at EDS, Rudin managed the company's healthcare, government, and energy industry service lines, as well as the geographic areas of Canada, Mexico, and Latin America, and served on the company's Global Operations Council.  He later served as Chief Information Officer for EDS.  Rudin has served as a director for many non-profit and for-profit governing boards and currently serves on the board of Sentinel Data Solutions.  He has a BA in math and physics from Drake University, as well as an MBA from Drake.   "As a director, Gary's experience and leadership has been instrumental in ensuring the successful integration of the USMD family of businesses, and in putting in place our senior management team and structure.  In Gary's role as COO, he will be responsible for delivering results on a day-to-day basis and ensuring solid, effective organizational operations and execution.  His extensive executive experience in leading large-scale service organizations, marketplace and competitive strategy, and talent management make him a superb choice to lead the accountable care organization we're building at USMD.  We are delighted Gary has accepted this position" said John House, M.D., chairman and chief executive officer of USMD Holdings. "Mr. Rudin will continue to serve as a member of the Board of USMD Holdings." Karen Kennedy previously served as executive vice president and chief operating officer for USMD Holdings.  She will retain her position of executive vice president and will now serve as chief development officer, where she will focus on practice acquisition, physician recruitment, managed care contract negotiations, and developing the company's existing service lines and establishing new service lines.  Before joining USMD Holdings, Kennedy was the CEO of Impel Management Services and the chief administrative officer for The Medical Clinic of North Texas ("MCNT").  Prior to her tenure at Impel Management Services and MCNT, Kennedy was a senior executive at the Gallatin Medical Foundation/InterHealth Corporation and was vice president for development at the Presbyterian Intercommunity Hospital.  She has a BA in Psychology from UCLA and a master's degree in public health (MPH) from the UCLA School of Public Health.  Very active in her community, she is a member of the International Board of Visitors, The Neeley School of Business at Texas Christian University in Fort Worth, and serves as a board member of the AMGA PAC. "As our chief development officer, Karen will identify and pursue avenues to enable our continued growth into a fully-integrated delivery system.  Karen's tremendous health care experience and skills make her uniquely qualified for this challenging leadership role.  She will provide the "fuel" for us to develop and nurture our vision, by architecting, building and growing existing and new service lines in order to ensure USMD and its affiliates can provide patients with the full spectrum of services to meet their healthcare needs," said Dr. House.  "The changes announced today build upon the successful transition made in September 2012 that brought together four organizations to form a physician-led, integrated healthcare system."     About USMD Holdings

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,827.75 +12.81 0.07%
S&P 500 2,072.83 +5.80 0.28%
NASDAQ 4,787.3170 +29.0650 0.61%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs