Christopher T. Olivia, MD | KVLR Capital
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Christopher T. Olivia, MD.

Board Member

         Dr. Christopher Olivia, MD, is a distinguished figure in the fields of healthcare, business, and philanthropy. With a career spanning decades, Dr. Olivia has made significant contributions to healthcare management and leadership, shaping the industry's landscape through his innovative approaches and strategic vision. Dr. Olivia was raised on Long Island, New York, with a passion for healthcare that came from his dad who was a physician. He pursued his education with a focus on medicine, earning his bachelor of science degree from Pennsylvania State University, a medical degree from Drexel University, and an MBA from Wharton. He completed his medical internship at Columbia University and his ophthalmology residency at the University of Buffalo. 

        His career in healthcare leadership includes serving as CEO six times, managing hospital systems, health insurance companies, post-acute facilities, physician practices, and tech-enabled service companies. Most recently he served as CEO of Rothman Orthopedic Institute, leading the world's largest full-service orthopedic physician group with 1,800 employees across 40 facilities in four states. He presently serves as Vice Chair of Homestead Direct Insurance, a health insurance company that enables direct contracting between healthcare providers and employees.  Recently, he served as a senior executive at Foundation Radiology, with 100+ radiologists serving 45+ hospitals, where he helped lead the Foundation to its most successful year and subsequent sales to Rayus Radiology. Prior to this, Dr. Olivia was CEO of the VNSNY, New York City's largest single market post-acute provider and one of the two largest payer-provider organizations with $2 billion in annual revenue and 14,000 employees.  Prior to VNSNY, Dr. Olivia was the President of Continuum Health Alliance, where he led the company to a successful exit. Continuum Health built clinically integrated physician and hospital networks with 1,200 physicians across 5 states as one of the nation’s first population health companies.

 

      After the sale of Continuum Health, he was the Senior VP for Strategic Planning and New Venture Development at Highmark, where he completed the West Penn Allegheny Health System merger, the largest hospital-provider combination to date creating the country’s second largest integrated payer-provider system with $17 billion in annual revenue. He initiated the merger after becoming President and CEO of West Penn Allegheny Health System. West Penn was a hospital-based health system with two tertiary teaching facilities, six hospitals, and $1.8 billion in revenue with 13,000 employees. Dr. Olivia led a multi-year turnaround of the health delivery system by consolidating 6 hospitals and 700 physicians into a system of care, ultimately generating $100 million in cash flow in the final year. During his tenure, the flagship hospital was named a Top 50 Hospital by US News and World Report, and the health system was named among the top 57 in the country by Thomson Reuters. Prior to that, he served as CEO of led the Cooper University Health System in Camden, NJ. Under Dr. Olivia's leadership, Cooper Health more than doubled its revenue, became the largest hospital in South Jersey, built a new tertiary hospital, and initiated the new Cooper Rowan School of Medicine.

Dr. Olivia has served on the boards of several prominent healthcare organizations

  • Greater New York Hospital Association

  • Association of American Medical Colleges

  • New Jersey and Pennsylvania Hospital Associations

  • Chairman of the New Jersey Council of Teaching Hospitals

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