A Discussion with CareMount Medical on COVID-19
Join Rob Fraiman, President of Cain Brothers, as he interviews Scott Hayworth, M.D., CEO of CareMount Medical, and Kevin Conroy, CFO and Chief Population Health Officer of CareMount in a discussion of the COVID-19 pandemic, its impact on the healthcare sector and how CareMount Medical is responding.
Dr. Hayworth has been President and Chief Executive Officer of CareMount Medical, PC (formerly Mount Kisco Medical Group, PC), the largest independent multispecialty medical group in the United States, for more than 20 years, having started in practice there in 1988. Dr. Hayworth has overseen a nearly 15-fold expansion in the size of CareMount, from 40 physicians to 650 providers, including 500 physicians. He has earned a national reputation as an authority on practice administration; multispecialty group management; and adaptation to the rapidly changing environment in health care, including the transition to value.
Under Dr. Hayworth's leadership, CareMount Medical has grown from a handful of locations to over 45 sites throughout the Hudson Valley and New York City, expanding and transforming staff, services, facilities, and practice infrastructure to offer a seamlessly integrated patient experience of the highest quality. He has guided the establishment of relationships between CareMount and diverse partners and institutions, including affiliations with Massachusetts General Hospital, Northwell Health, Memorial Sloan-Kettering Cancer Center, and nine regional hospitals. CareMount Medical was one of the first Accountable Care Organizations (ACOs) in the nation and it the only NextGen ACO in New York; it has been an NCQA Level III PatientCentered Medical Home for many years. CareMount has innovated in electronic health information for almost 20 years.
In 2019, Dr. Hayworth became Chairman of the Board and Chief Executive Officer of CareMount Health Solutions, LLC, a collaborative physician-owned management services organization with expertise in helping clients position themselves for the ever-changing health care environment. CareMount's practice management solutions enable physicians, hospitals and systems to increase margins, reduce costs, and improve the patient experience.
Dr. Hayworth is a consultant to the Vincent Department of Obstetrics and Gynecology at Massachusetts General Hospital, and he is a past associate dean at the Icahn School of Medicine at Mount Sinai. He is past chairman of the board of the American Medical Group Association and past national treasurer and District II chairman for the American College of Obstetricians and Gynecologists. He has served as a consulting editor for Contemporary OB/GYN.
Dr. Hayworth chairs the advisory board for IKS Health and the board of directors of the Ambulatory Surgery Center of Westchester. He is the president of the board of directors of Bedford Physicians Risk Retention Group. He serves on national advisory boards for Aetna, Anthem, and MedPro, and he heads the health care advisory board for r4. Dr. Hayworth is a senior advisor to Arsenal Capital Partners, BioIVT, and WIRB-Copernicus Group (WCG). He sits on the boards of directors of TractManager Medical Holdings and mymedicalimages.com, and he is the non-executive board chair of US Digestive Health. He is a past advisor to Warburg Pincus and a past board member of Brighton Health Partners; Counsyl, Inc.; the Northern Westchester Hospital Foundation; and Community Mutual Savings Bank.
Dr. Hayworth has been named to many "Best Doctors" lists in successive years, including those in New York and Westchester magazines, Best Doctors in America, and America's Best Obstetricians and Gynecologists. He was selected by Becker’s Hospital Review as one of their “105 Physician Leaders to Know” in 2019 and “112 Physician Leaders of Hospitals and Health Systems” in 2018. He was chosen as one of City & State NY’s “Westchester Power 100” in 2019 and “Westchester Power 50” in 2018.
Dr. Hayworth was honored by the United Way of Westchester and Putnam at their 2018 "Imagine" gala. He received the Westchester County Doctors of Distinction Lifetime Achievement Award in 2015. The Visiting Nurse Association of The Hudson Valley has honored Dr. Hayworth twice, in 2005 with their Award of Merit and in 2015 with the Ellen Wood Health Care Award. In 2013 he was given the "Good Scout" Award by the Boy Scouts of America Westchester-Putnam Council and was named Business Person of the Year by the Yorktown Chamber of Commerce.
Dr. Hayworth received his A.B. in Biology from Princeton University and his M.D. from Cornell University Medical College. He and his wife, former Congresswoman Dr. Nan Hayworth, live in Bedford, New York, and have two adult children, Will and Jack.
Kevin J. Conroy, MS, is the Chief Financial Officer and Chief Population Health Officer at CareMount Medical, PC, one of the largest, independent multispecialty medical groups in the nation. Mr. Conroy has over 25 years of extensive healthcare leadership experience in both the public and private sectors.
As Chief Financial Officer, Kevin oversees all aspects of financial management; payer relationships, physician compensation, operational budgets, and revenue cycle management and leads the strategic direction of the organizations growth and acquisitions. In 2015, Mr. Conroy took on the additional role of Chief Population Health Officer and established a new division at CareMount with the goal of transitioning the Group from fee for service to value based contracting. Under his leadership, CareMount grew to over 40,000 Medicare seniors under risk based contracts, including the only physician owned Medicare Next Generation ACO in the tri state area. CareMount deployed advanced clinical care coordination programming, robust data-driven programming, and strategic network contracting.
Prior to joining CMM, Kevin was President of WellCare of New York, served as CFO of a start-up Medicaid health plan increasing access to primary care for residents of New York City and was the VP and Treasurer of IntegraMed.
Mr. Conroy is a member of the Board of Partners Health Plan, a health plan dedicated to serving individuals with intellectual and developmental disabilities and their families and Neighbors Link, a not for profit organization dedicated to the strengthening the whole community through the healthy integration of immigrants. Mr. Conroy is also the Chair of the Chief Financial Officer Council for the American Medical Group Association and serves on the Advisory Board for r4.
Kevin holds his B.A. from Hamilton College and M.S. from the University of Rochester.