Steward Health Care Appoints Rubén José King-Shaw Jr to Its Board of Directors

Rhea-AI Summary

Steward Health Care has appointed Rubén José King-Shaw Jr. to its Board of Directors. King-Shaw, currently serving as Steward's Executive VP & Chief Strategy Officer, has been instrumental in key strategic acquisitions, including the merger with Caremax (NASDAQ: CMAX). CEO Ralph de la Torre praised King-Shaw's advocacy for social justice and his leadership as essential in the post-COVID landscape. King-Shaw brings extensive experience from public service and previous roles in healthcare policy, enhancing Steward's mission to deliver quality care.

Positive

• King-Shaw's appointment is expected to strengthen Steward's strategic direction and community engagement.
• His leadership experience in healthcare policy will enhance Steward's operational effectiveness.

Negative

• None.

DALLAS--(BUSINESS WIRE)-- Steward Health Care, the nation’s largest physician-led health care network, today announced the appointment of Rubén José King-Shaw Jr to its Board of Directors. King-Shaw currently serves as Steward’s Executive Vice President & Chief Strategy Officer, where he has led a number of critical strategic acquisitions and divestitures including the sale of Steward Health Choice Arizona and the significant merger of Steward’s value-based Medicare business with Caremax (NASDAQ: CMAX). King-Shaw also chairs Steward’s offshore captive insurance company, TRACO, which is domiciled in Panamá.

Rubén José King-Shaw Jr (Photo: Business Wire)

In making the announcement, Dr. Ralph de la Torre, Chief Executive Officer of Steward said, “Ruben continues to be an eloquent and relentless advocate for social justice and community engagement, which perfectly synchronizes with Steward’s core mission of serving patients in their communities. In a post-Covid environment, his passionate leadership will be essential to our future and to that of our patients. Ruben has been an integral part of our continued success, and we’re thrilled to welcome his expertise on our board of directors.”

“I’ve long shared Steward’s commitment to delivering the highest quality of health care to our patients as possible,” said Rubén José King-Shaw. “It’s an honor to join Steward’s board of directors and to be part of a values-driven health care system.”

Before serving Steward as Steward’s EVP & Chief Strategy Officer, King-Shaw spent considerable time in public service leading both state- and federal- sponsored government health programs.

During the administration of President George W. Bush, King-Shaw served as the Chief Operating Officer and deputy administrator of the Centers for Medicare and Medicaid Services. He was also senior advisor to the Secretary of the U.S. Treasury for health care tax policies and a member of Medicare's Program Advisory and Oversight Commission. In 2011, he was appointed to the Obama Administration's Program Advisory and Oversight Committee to monitor and provide guidance to Medicare's Durable Medical Equipment Prosthetics, Orthotics and Supplies Competitive Bidding Program. King-Shaw has also provided advice on areas of health care policy to the Trump Administration, including CMS and the National Economic Council. At the state level, under Florida Governor Jeb Bush, he was the Secretary of the Florida Agency for Health Care Administration.

Past board service includes Lead Director of Athenahealth; Independent Living Systems, of Miami, FL; and WellCare Health Plans, Inc. of Tampa, FL. King-Shaw also served on the board of Atlanta-based Cotiviti Holdings, Inc. and Intelligent Retinal Imaging Systems of Pensacola, FL.

About Steward Health Care

Nearly a decade ago, Steward Health Care System emerged as a different kind of health care company designed to usher in a new era of wellness. One that provides our patients better, more proactive care at a sustainable cost, our providers unrivaled coordination of care, and our communities greater prosperity and stability.

As the country’s largest physician-led, tax paying, integrated health care system, our doctors can be certain that we share their interests and those of their patients. Together we are on a mission to revolutionize the way health care is delivered - creating healthier lives, thriving communities and a better world.

Steward is among the nation’s largest and most successful accountable care organizations (ACO), with more than 5,500 providers and 43,000 health care professionals who care for 12.3 million patients a year through a closely integrated network of hospitals, multispecialty medical groups, urgent care centers, skilled nursing facilities and behavioral health centers.

Based in Dallas, Steward currently operates 39 hospitals across Arizona, Arkansas, Florida, Louisiana, Massachusetts, Ohio, Pennsylvania, Texas and Utah.

For more information, visit www.steward.org.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220707005819/en/

Josie Martin, Josephine.Martin@steward.org

Source: Steward Health Care

FAQ

Who is Rubén José King-Shaw Jr. and what is his role at Steward Health Care?

Rubén José King-Shaw Jr. is the Executive Vice President & Chief Strategy Officer at Steward Health Care and has now been appointed to its Board of Directors.

What strategic acquisitions has King-Shaw led at Steward?

King-Shaw has led critical acquisitions, including the significant merger of Steward's value-based Medicare business with Caremax (CMAX).

How does King-Shaw's appointment impact Steward Health Care?

His appointment is expected to enhance Steward's strategic direction and commitment to community engagement, particularly in the post-COVID health care landscape.

What experience does King-Shaw bring to the Board?

King-Shaw has extensive experience in healthcare policy, having served in various government health programs and held significant roles in both the Bush and Obama administrations.