Peterson Health announces new CEO/President

Peterson Health announces new CEO/President

 

Peterson Health is pleased to announce that Cory Edmondson, Senior Vice President of Midland Health (Midland Memorial Hospital) has been selected as the new President and CEO of Peterson Health. The Peterson Health CEO Search Committee recommended Edmondson after working with the executive search firm of Tyler & Company on the recruitment process during the past six months. More than 250 candidates applied for the position. Tyler & Company recruitment consultants narrowed the field of qualified applicants down to 31, and then conducted additional phone interviews with those individuals before presenting the top seven candidates for interviews with the search committee last month. On Monday, April 1st, Peterson Health employees, physicians, and both the hospital and foundation board members were informed that Edmondson has accepted the offer to fill the position upon the retirement of J. Patrick Murray later this month.

Edmondson has served in leadership roles at Midland Memorial Hospital since 2001, most recently as Senior Vice President of Midland Health, an integrated nonprofit health system that includes a 474-bed acute care hospital, post-acute care services, multi-specialty physician groups, and a variety of joint ventures. Midland Health also functions as a teaching medical center for Texas Tech University Health Sciences Center.

Edmondson received his Bachelor of Business Administration degree in Management in 1991 from Texas Tech University in Lubbock, and his Master of Business Administration in Healthcare Administration in 2001 from William Howard Taft University in Santa Ana, California. He is a Fellow of the American College of Healthcare Executives. He is married to Angie, and they are parents of three grown sons.

Shares Peterson Health Board Chair Mark Armstrong, “Cory is a great fit for the Peterson family, our organizational culture, and the communities we serve. He’s had an incredible amount of parallel experience in his career that will continue to advance our mission of exceptional, compassionate, patient-centered care. He has extensive experience with capital building projects and expanding physician practices and specialty groups.” Armstrong added, “We are so pleased and proud of the search process we utilized to fill this important position and find the right candidate to step into the leadership role for Peterson Health. It’s been six months and a lot of work, and we are very happy with the outcome. Edmondson is excited about his future here and is ready to continue the great work of Peterson Health and to serve our community.”

Edmondson is expected to start in his new role on Monday, May 6th. As he wraps up his work responsibilities in Midland, he plans to visit Kerrville April 15th – 17th to begin the transition process, meet the staff and tour the facilities.

Peterson Health is planning to host a public reception for Edmondson and his family during National Hospital Week in May so that the community can meet him and welcome him in his new position. For more information, contact Lisa Winters at 830-258-7628.

Peterson Expands Heart Care in Kerrville

Deep in the Heart of Texas

Peterson Health in Kerrville, Texas is proud to announce the addition of Interventional Cardiologist, Dr. Bryan S. Waits, to Peterson Medical Associates. Offering local access to life-saving care, Dr. Waits is accepting new patients in a newly expanded cardiology clinic located on the 3rd floor of the Cailloux Professional Building. 

Moving to Kerrville from Louisiana, Waits spent his undergraduate years at Texas Tech University and attended Ross University School of Medicine before doing a year of surgery of Texas Tech and a year of surgery at State University in New York – Stoneybrook. He continued with a residency in internal medicine, graduate fellowship in general cardiology at Louisiana State University and a fellowship in interventional cardiology at the University of Rochester in New York. After several years in private practice in Louisiana, Waits was selected for this new role as the Medical Director of Cardiology for Peterson Specialty Care – Cardiology. 

Waits is Board Certified by the American Board of Internal Medicine and the American Board of Cardiovascular Medicine and specializes in the following:

  • Preventative and Therapeutic Adult Cardiovascular Medicine
  • Congestive Heart Failure 
  • Refractory Angina 
  • Peripheral Vascular Disease and Intervention
  • Abdominal Aneurysm
  • Carotid Artery Disease
  • Claudication
  • Cardiac Resynchronization Therapy
  • Defibrillators 
  • Deep Vein Thrombosis 
  • Mesenteric Ischemia
  • Pulmonary Embolism
  • Renovascular Condition
  • Venous Insufficiency
  • Stress Tests
  • Endocardiography
  • Cardiac Catheterization 
  • Percutaneous Coronary Intervention
  • Pacemakers

As featured recently in the Kerrville Daily Times, Waits shared his passion for being a cardiologist. “I wanted to do something that’s challenging every day, and cardiology challenges me every day…Just when I think I’ve seen it all, something else comes along.”

Waits new practice opened February 25th and in addition to his medical services, he has been the featured speaker of two major community events drawing a standing-room crowd. Shares, Lisa Winters, Marketing Director for Peterson Health, “Our community has been waiting on Waits for many months and excited about the easy access to life-saving, big-city heart care, right here in Kerrville. Waits wants to be involved in the community and give of his time and energy inside and outside of the new clinic. Peterson Health is excited about adding another needed specialty to their growing family of services and continuing to elevate the health of our community.”

To learn more about Waits and our heart and vascular team, visit petersonhealth.com or call his office at 830.258.6244.

Bench Dedication in Memory of Michael Baumann

Members of the Pescador Emmaus Reunion Group, with spouses and friends, gathered on Thursday, October 11th, 2018, at Peterson Regional Medical Center to dedicate a bench in memory of their late friend, Michael Baumann. Mike served as a member of the Board of Directors of Peterson Regional Medical Center from July 2009 to April 2017. He was also a long time, active member of the Reunion Group.

Mike was the very first male baby born at Sid Peterson Memorial Hospital shortly after it opened in 1949. At the time of his death, Mike was serving as Chairman of the Peterson Regional Medical Center Board of Directors. The bench was provided through generous funding from the Reunion Group.

In the picture above, Judy Bauman is seated on the bench, surrounded by members of the Pescador Emmaus Reunion Group and their spouses.

Seated on the bench are: (L-R) Cynthia Allen, Judy Baumann, Donna Jackson and Tweety Eastland. Standing around the bench are (L-R) Kathy Hawkins, Marie Glenewinkel, Dennis Glenewinkel, Mike Allen, Johnny Hawkins, Dick Eastland, David Jackson, Elizabeth Hughes, Mike Hughes, Winn Kilgore, John Miller, Brenda Miller and Karen Kilgore. 

Peterson Health Adds New Members to Board of Directors

Kerrville, TX – Peterson Health is pleased to announce the selection of Edward Walter Koenig III and Belinda Kay Pence to the Board of Directors.

A resident of Kerrville, Koenig is the President and CEO of the Kerrville Area Chamber of Commerce. He has many notable achievements to include earning his Eagle Scout, serving as a former U.S. Diplomat earning a Commander’s Award for Civilian Service (Army), Superior Honor Award (U.S. State Department), an Expeditionary Service Award (U.S. State Department), and Afghanistan Campaign Medal (U.S. Army). a Special Forces Certificate of Appreciation (Iraq), and completion of the Leadership Kerr County program in May. Active in the community, Koenig currently serves on the board of the Kerr County Economic Development Corporation (KEDC), is a board member on the Second Chance Wounded Warrior Weekend Adventure. Steering Committee Member for the Kerrville 2050 Comprehensive Plan, is the Chairman of the Economic Development Sub-Committee, and Board Member for the Dynamic Learning Institute. He is an active Rotarian and a member of the First Presbyterian Church. Koenig earned his Bachelor of Science and Master of Science at the University of Illinois. He is married to Maria Giovanna Balestrucci and has three children, Edward Koenig, Alexandra Koenig and Giulia Danielli.

A resident of Fredericksburg, Pence was a member of the initial group that started the private Trust Company of Houston Trust. She is credited for developing the plan and compliance procedures to allow Sterling Bank to acquire a Trust Charter. Active in both the Fredericksburg and Kerrville communities, she has served as the Chair for Sterling Bank’s March of Dimes initiatives and was a committee member for Mardi Gras Kerrville in 2011. She spends much of her leisure time planting and maintaining a 10 acre vineyard at her home in Fredericksburg. Kay attended Texas A&M. She is married to Charlie and is the mother of daughter, Jessica Haveman.

Koenig and Pence will serve three-year terms and are eligible to serve two additional terms on the board of directors. The new board members join current members Mark Armstrong, Sarah Fontenot, Bill Johnston, Brian Bowers, William Morris, Jr., M.D., Bob Schmerbeck, Greg Shrader, Sue Steele, and James Young, M.D. New officers were elected at the recent annual meeting of the board. These officers include Mark Armstrong, Chair, and Bill Johnston and Sarah Fontenot, Vice Chairs.

Peterson Health President/CEO Patrick Murray appreciates the dedication and commitment required to serve as a health system board member. Shares Murray, “Our PRMC board is comprised of strong and caring community leaders. We are so very thankful for the service and commitment of outgoing Chair, Harold Wilson and Royce Itschner who recently completed their board service. Each brought a thoughtful perspective about the communities served by Peterson and provided great leadership in enhancing the quality of our work. As we continue our journey to elevate health, and each other, I am excited to welcome our newest board members and look forward to the fresh perspective and experience each will bring to our high performing board.”

Peterson Health is the area’s largest private, not-for-profit community health system in Kerr County and serves the residents of nine Hill Country counties. The modern, 124-bed medical center anchors a 35-acre campus that includes the region’s premier ambulatory care center, the Cailloux Professional Building, and the new Peterson Hospice and Home Care headquarters currently under construction. The system provides health services at 10 other locations in the region. For more information about Peterson Health visit our website at www.petersonhealth.com

Healthgrades Names Peterson Health 5-Star Recipient for Vaginal Delivery Care

Kerrville, TX (July 31, 2018) – Peterson Health today announced that it has been named a 5-star recipient for Vaginal Delivery by Healthgrades, the leading online resource for comprehensive information about physicians and hospitals. The 5-star rating indicates that the hospital’s clinical outcomes are statistically significantly better than expected when treating the condition of performing the procedure being evaluated.

Shares Peterson Health President and CEO, Pat Murray, ” A select few hospitals across the United States are recognized for better than expected outcomes. We are thankful that these results demonstrate excellence in providing a safe, caring experience for new moms and their babies. Our exceptional Peterson Health team of caregivers – obstetricians, midwives, pediatricians, nurse practitioners and many others – work collaboratively to achieve success in meeting the needs of our pregnant women and their families.”

Peterson Regional Medical Center , Peterson Women’s Associates, and the skilled team of caregivers at The Baby Place work hand-in-hand to bring high-quality obstetric care to Kerrville and providing customized birth experiences for expectant mothers with extraordinary comfort.

A recent patient wrote, “After reflecting on my delivery of my son this past Saturday, as well as the care I received the last six weeks of my pregnancy since moving to the area, I can truly say that I am blown away by the incredible team I had the privilege to know. Having met every single midwife, I went into my labor knowing with confidence I was going to be supported and empowered as a mother bringing a child into this world. I felt heard. The team, not only the midwife, but also the staff at Peterson Regional Medical Center, truly took the time to listen to my needs and desires to the best of their ability. There is nowhere else I would rather be going into labor than that of the capable hands of these folks!”

“With more options than ever on where to receive care, consumers need to do their homework,” said Brad Bowman, MD, Chief Medical Officer, Healthgrades. “Hospitals that have received a 5-star rating have shown dedication and expertise, resulting in high-quality outcomes for patients.”

To help consumers evaluate and compare hospital performance, Healthgrades analyzed all-payer state data for 15 states and the District of Columbia for years 2014 through 2016. Healthgrades found that there is a significant variation in hospital quality between those that have received 5-stars and those that have not. For example:

  • From 2014 through 2016, patients having a Vaginal Delivery in hospitals with 5-stars have, on average, a 42.7% lower risk for experiencing a complication while in the hospital than if they were treated by hospitals with 1-star.”

To learn more about the award visit Healthgrades.com. To meet the Peterson Women’s Associates team call (830) 258.6237. For a tour of The Baby Place call (830) 258.7444.

Peterson’s Financial Position Elevated

Fitch Upgrades Bond Rating to ‘A’

KERRVILLE – Fitch Ratings has upgraded the $51.2 million Kerrville Health Facilities Development Corporation hospital revenue bonds, issued on behalf of Peterson Regional Medical Center (PRMC), to ‘A’ from ‘BBB+’. The rating outlook has been revised from Stable to Positive.

Fitch’s base case incorporates PRMC’s strong financial assessment under the “U.S. Not-For-Profit Hospitals and Health Systems Rating Criteria”, which places a heightened emphasis on PRMC’s maintenance of low leverage and high liquidity through the cycle in Fitch’s rating case.

Chief Financial and Compliance Officer, Lisa Medovich, CPA explains that the elevated rating confirms the financial stability and strength of the hospital and organization. “An upgrade to ‘A’ is a direct reflection of a strong balance sheet, highlighted by excellent liquidity, with higher-than-average cash on hand and strong cash to debt. She adds, “Our dominant position in the marketplace, coupled with our focused investment in physician employment, were key drivers to the upgrade in our bond rating. We are proud to show continued improvement and know this rating offers added confidence in their community-based not-for-profit healthcare system.”

PRMC is the leading provider of acute and primary care services in the nine county area in central Texas, headquartered in Kerrville. The healthcare system consists of PRMC, the 124 licensed bed hospital, ambulatory care center, hospice, home care, urgent care, community care, outreach laboratory, three locations for Peterson Medical Associates employed physicians and additional specialty care facilities.

For more information or a copy of the full report, contact Chief Financial/Compliance Officer Lisa Medovich at lmedovich@petersonhealth.com or call 830.258.7632

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