Transformational Leader, Peter F. Bastone, Named CEO for St. Vincent Hospital Support

SANTA FE, N.M., Nov. 15, 2017 -- St. Vincent Hospital Support (SVHsupport), a nonprofit charity and support organization that is a 50 percent owner with CHRISTUS Health of CHRISTUS St. Vincent Medical Center and supports the health and wellness of the Santa Fe Community and Northern New Mexico, has appointed Peter F. Bastone, MPH, MACHM as its new president and chief executive officer. Bastone replaces David Delgado who will continue as Chair of Impact Investment Committee of SVHsupport.

Peter F. Bastone appointed president and chief executive officer of St. Vincent Hospital Support (SVHsupport).

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/07a2ba2d-5d67-49fd-9a1d-7edd9e7a7800

Bastone is an innovative, future-focused leader who transforms health systems into nationally recognized health access and service organizations. He has delivered over a quarter of a billion dollars in total financial turnarounds in his career, while energizing and rejuvenating the spirit of organizations and communities through robust professional and personal engagements. Bastone is very proficient in growing philanthropic support, creating strong physician and clinical provider partnerships to drive clinical integration and collaboration with key stakeholders, to achieve broad community health goals and objectives.

“Due to his deep healthcare knowledge, combined with his dynamic future innovative skills, he will be the voice to lead the Santa Fe community to ensure healthcare needs are met both within the hospital walls as well as out in the community,” said Earl Potter, Chair of SVHsupport Board of Directors.

SVHsupport looks at community organizations to provide impact grants to help improve the overall health of the community. Over the past nine years, SVHsupport has provided more than $25 million to fund local programs in Santa Fe and Northern New Mexico. Grants have funded health clinics, a new hospital pavilion, cancer center, and academic institutions supporting student scholarships and housing programs. As a result of these programs, the people of Santa Fe and Northern New Mexico have had greater access to care and improved their overall health.

“We have a unique opportunity to break the mold and redefine healthcare,” says Bastone. “Together, we are creating solutions that are accessible and affordable throughout the community.”

Bastone brings a wealth of experience leading change, turning around financial and clinical analytic performance and increasing access to care for patients, hospitals and healthcare institutions across the United States. Bastone has received more than 15 national awards and participated in more than 20 boards.

Prior to SVHsupport, Bastone served as CEO and president for Chesapeake Regional Healthcare, a 362-bed hospital, where he was instrumental in leading a $30 million turnaround of the organization enhancing the quality of care, access to care, and meeting community needs. In addition, for 15 years, Bastone also served as president and CEO for Mission Hospital Regional Medical Center in Mission Viejo, Calif. and Mission Hospital in Laguna Beach, Calif., which is part of the St. Joseph Health System.

Bastone graduated with honors and received his Bachelor of Arts in psychology from Princeton University. He also received his masters of public health and corporate management from the University of California, Berkeley and his master of theology in healthcare mission from the Aquinas Institute of Theology. Bastone also received his certification in healthcare and business innovation from Harvard Business School.

About SVHsupport:
CHRISTUS St. Vincent Hospital is 50 percent owned by the nonprofit CHRISTUS Health and 50 percent by the nonprofit SVHsupport based in Santa Fe. Together, the two organizations facilitate and manage the actual facility of CHRISTUS Saint Vincent Hospital. While SVHsupport exists primarily to manage over a $300 million investment fund that is the financial backbone of the hospital, it is an independent nonprofit with its own board that also serves the broader mission of improving health outcomes in the community that is served by the hospital, which comprises all of New Mexico north of Albuquerque.

The photo is also available via AP PhotoExpress.

CONTACT: Elia Verduzco (714) 573-0899 x 228
[email protected]