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USMD Appoints Michael W. Bukosky Chief Operating Officer of USMD Holdings

Bukosky retains position as President of USMD Physician Practice Management


News provided by

USMD Holdings, Inc.

Mar 01, 2016, 08:00 ET

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Michael W. Bukosky, Chief Operating Officer, USMD Holdings, Inc.
Michael W. Bukosky, Chief Operating Officer, USMD Holdings, Inc.
USMD Holdings, Inc.
USMD Holdings, Inc.

IRVING, Texas, March 1, 2016 /PRNewswire/ -- USMD Holdings, Inc. (NASDAQ: USMD), a physician-led integrated healthcare system, announces that Michael W. Bukosky has been appointed chief operating officer (COO) of USMD Holdings, Inc. As COO, Bukosky will oversee the daily operations of USMD therapeutic, diagnostic and centralized services. This includes hospital services, cancer treatment centers, clinical and pathology labs, imaging, human resources, contracting, revenue cycle, marketing and communications and IT.

Bukosky will retain his position as president of USMD Physician Practice Management, in which he oversees operations of USMD's Physician Practice Management group, comprising nearly 50 clinics and more than 250 physicians and associate practitioners.

"Mike has been with USMD since early 2014 and has brought tremendous operational leadership and expertise to our organization since that time," said John House, M.D., chairman, chief executive officer and president of USMD Holdings. "I am pleased that Mike will assume the position of COO of USMD. I look forward to Mike's continual guidance and leadership in his new role as we maintain our position to provide world-class, cost-effective patient care to the communities across DFW that we serve."

Prior to joining USMD, Bukosky served as chief executive officer of University of Louisville Physicians in Louisville, Ky., the largest, multi-specialty physician practice group in Louisville. University of Louisville Physicians has more than 78 subspecialties and more than 600 primary care and specialty physicians who staff more than 110 locations throughout Kentucky and Indiana and practice in all hospital systems in Louisville and Southern Indiana. During his time at University of Louisville Physicians, Bukosky led implementation and management of the new, integrated practice group, oversaw integration of the nearly 25 individual clinical practices into a unified group and developed the new organizational, management and operations structure of the organization.

Prior to his time with University of Louisville Physicians, Bukosky was executive vice president and chief administrative officer of Carle Clinic Association in Urbana, Ill., where he oversaw operational leadership and financial performance of the entire system, including 10 outpatient locations and one hospital. He also has more than 20 years of experience working in administration at Scott and White in Temple, Texas, including serving as the organization's executive director where he oversaw operations for the entire system, consisting of more than 500 physicians, 60 clinical specialties, 20 clinic locations and one hospital.

Bukosky is active in the American Medical Group Association (AMGA), a trade association representing medical groups, health systems and other organized systems of care, including some of the nation's largest, most prestigious integrated delivery systems. AMGA represents more than 160,000 physicians, providing healthcare services to more than 120 million patients. Bukosky has been involved with AMGA since 2002. He has served as a board member since 2005 and served as the organization's chairman of the board, secretary and treasurer. He is also actively involved with the Public Policy Committee, which represents more than 140,000 physicians nationally in matters of governmental policy. Bukosky was also invited to attend the 10th and 11th annual World Executive Forum. This invitation-only event draws together healthcare leaders and executives from across the globe to discuss healthcare industry best practices, trends and insights.

Bukosky received a Bachelor of Science in Business Administration and Accounting from Kings College in Wilkes-Barre, Pa., and his Master's degree in Healthcare Administration from Southwest Texas State University in San Marcos, Texas. He has nearly 40 years of experience in hospital and clinic and physician group administration and operations.  

About USMD Holdings, Inc.
USMD is a publicly held (NASDAQ: USMD), physician-led, integrated health system committed to exemplary patient care. Headquartered in Irving, Texas, USMD serves the Dallas-Fort Worth metropolitan area with more than 250 physicians and associate practitioners, and provides healthcare services to patients in more than 20 different specialties at its two hospitals, four cancer treatment centers and nearly 50 physician clinics, many of which are multi-specialty. All of USMD's primary care clinics have been accredited by the Patient-Centered Medical Home Program, a recognition program that is part of the National Committee for Quality Assurance. This recognition means that USMD's primary care clinics successfully display and utilize evidence-based, patient-centered processes that focus on highly coordinated patient care and long-term patient relationships. For more information about USMD, visit www.USMD.com.

Photo - http://photos.prnewswire.com/prnh/20160229/338416
Logo - http://photos.prnewswire.com/prnh/20150629/226617LOGO

SOURCE USMD Holdings, Inc.

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http://www.USMD.com

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