06-16-2017, 03:25 AM
Health Catalyst Appoints Visionary Healthcare CFO Duncan Gallagher to Board of Directors
Gallagher brings over 30 years of experience as a healthcare CFO and finance leader, including his most recent role as Executive Vice President, Chief Administrative Officer and CFO of Allina Health, a $4 billion not-for-profit health system based in Minneapolis. Allina Health’s more than 90 clinics, 12 hospitals and related healthcare services provide care for nearly 1 million people across Minnesota and western Wisconsin.
In his seven years as CFO at Allina Health, Gallagher was instrumental in establishing the health system as a national leader in shifting the healthcare payment model from fee-for-service to one based on value and care quality. In the process, Allina demonstrated that the shift not only is better for patients, but can be financially viable for health care systems.
“I am thrilled to be joining the board of Health Catalyst, a company that I regard as a trendsetter in enabling the shift to a more sustainable, effective and affordable healthcare system,” said Gallagher. “In my time at Allina, we made significant progress with care outcomes improvement and cost savings thanks in part to our unique relationship with Health Catalyst. I look forward to working with the company’s leaders to share that experience and help other health systems execute on the historic opportunity to transform healthcare.”
Allina Health signed a landmark $108 million 10-year shared-risk agreement with Health Catalyst in 2015, creating a national model for the use of data in improving quality and lowering the cost of patient care. Gallagher played a central role in pioneering the outsourcing of Allina’s entire analytics department to Health Catalyst while tying the company’s profit from the agreement to its delivery of measureable cost savings.
“We are thrilled that Duncan accepted our invitation to join the board,” said Dan Burton, Chief Executive Officer of Health Catalyst. “He is one of the most capable, forward thinking CFOs in healthcare today, and he shares our view that values—trustworthiness, integrity, fairness, reliability, predictability and stewardship—are more critical than technical knowledge. We are honored that he has agreed to share his experience and insights by participating on our Board of Directors.”
Before Allina Health, Gallagher spent 10 years as Executive Vice President and Chief Operating/Financial Officer with Des Moines-based UnityPoint Health, a $4.1 billion not-for-profit healthcare system which owns 21 hospitals and manages several others under contract. Before that, Gallagher was a partner at Big Four accounting firm KPMG. His educational background includes an undergraduate degree from the University of South Dakota, and Master of Business Administration from the University of Minnesota’s Carlson School of Management.
The Health Catalyst Board of Directors now includes the following members in addition to Gallagher and Burton: Board Chairman Fraser Bullock, Co-Founder and Senior Advisor at Sorenson Capital; Michael Dixon, a partner in Sequoia Capital; Promod Haque, Senior Managing Partner of Norwest Venture Partners; Todd Cozzens, Managing Director of Leerink Capital; John A. Kane, former Chief Financial Officer of IDX Systems (now GE Healthcare); Anita Pramoda, CEO and founder of Owned Outcomes; and Dr. Penny Wheeler, President and CEO of Allina Health.
About Health Catalyst
Health Catalyst is a next-generation data, analytics, and decision support company committed to being a catalyst for massive, sustained improvements in healthcare outcomes. We are the leaders in a new era of advanced predictive analytics for population health and value-based care with a suite of machine learning-driven solutions, decades of outcomes-improvement expertise, and an unparalleled ability to integrate data from across the healthcare ecosystem. Our proven data warehousing and analytics platform helps improve quality, add efficiency and lower costs in support of more than 85 million patients for organizations ranging from the largest US health system to forward-thinking physician practices. Health Catalyst’s technology and professional services help to keep patients engaged and healthy in their homes and workplaces, and to optimize their care when it becomes necessary. We are grateful to be recognized by Fortune, Gallup, Glassdoor, Modern Healthcare and a host of others as a “Best Place to Work” in technology and healthcare. Visit www.healthcatalyst.com, and follow us on Twitter, LinkedIn and Facebook.
Media Contact:
Todd Stein
Amendola Communications
916-346-4213
tstein@acmarketingpr.com