Prem Reddy, MD, FAAC, FCCP
Prem Reddy, MD, FAAC, FCCP, is a physician, entrepreneur and philanthropist.
Dr. Reddy was born into a family of proud leaders in rural India where
he learned the values and guiding principles that led to his remarkable
accomplishments and generosity. The focus of Dr. Reddy's work has
been to save failing hospitals, turn them into thriving community assets,
and give back to the community, gifting hundreds of millions of dollars
to causes related to health care and caring for others.
Dr. Reddy is double board-certified in Internal Medicine and Cardiology.
During his 25 years of practice in California, he performed more than
5,000 cardiac procedures, including coronary angiography and angioplasty
and permanent pacemaker implantations. Dr. Reddy has been named by Modern
Healthcare as one of the “50 Most Influential Physician Executives”
in health care eight times, the “25 Top Minority Executives in Healthcare”
multiple times, and is listed among the “Top 100 Physician Leaders
to Know” and “Top 100 Most Influential People in Healthcare.”
In 2001, Dr. Reddy formed Prime Healthcare Services with a mission to save
hospitals, improve community healthcare and provide the very best care
to patients. Prime Healthcare now owns and operates 45 hospitals in 14
states and is the fifth largest for-profit hospital system in the nation.
Among numerous accolades, Prime Healthcare has been recognized as one
of the “10 Top Health Systems” and one of the “15 Top
Health Systems” in the nation three times. Since 2003, 38 Prime
Healthcare hospitals have been recognized among the “100 Top Hospitals”
in the nation.
Additionally, Dr. Reddy and his family founded the Dr. Prem Reddy Family
Foundation, a nonprofit foundation that has donated millions toward charities,
including providing college scholarships, public healthcare education
and free community clinics. Dr. Reddy also founded the Prime Healthcare
Foundation, a 501(c)(3) nonprofit public charity that owns 13 of the Prime
Healthcare hospitals. Combined, the foundations have assets in excess
of $800 million, all donated by Dr. Reddy and his family. Driven by Dr.
Reddy’s life-long passion for healing and education, the Foundations
act as stewards of private funds to be used for public good and fulfill
a commitment to give back to communities. Most recently, Dr. Reddy made
a $40 million commitment to found the California University of Science
and Medicine, a non-profit medical school that will be located in California.
Living up to its motto of “Saving Hospitals. Saving Jobs. Saving
Lives,” Prime Healthcare has spent nearly $1.1 billion since 2005
on capital improvements to modernize and improve its hospital facilities,
and has provided more than $2.8 billion in charity and uncompensated care
since 2010. Prime Healthcare hospitals across the nation have earned national
recognition as “Top Performers on Key Quality Measures” from
The Joint Commission, the leading medical accreditation organization in
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