UNC Health Rex Market Research Report
Overview
UNC Health Rex is a leading healthcare institution situated in Raleigh, North Carolina. Founded in 1894, it is the city's oldest hospital and operates under the UNC Health Care system, a non-profit organization owned by the state of North Carolina. The facility features a 665-bed general hospital offering diverse services, including oncology, heart and vascular care, surgical services, rehabilitation, urgent care, and specialized women's services.
Leadership
Current Leadership
- Chad Setliff serves as the President of UNC Health Rex and Triangle East from October 2024. His leadership covers hospital operations in Raleigh, Holly Springs, Clayton, and Smithfield. Setliff's experience includes a significant role at Novant Health.
- Kirsten Riggs is the Chief Operating Officer and Interim President. Her leadership successes include advancing heart and vascular services. Riggs has received recognition for her contributions, including the Triangle Business Journal's Women in Business Award in 2021.
- John Smith holds the position of Chief Financial Officer (CFO). Smith's financial oversight ensures a stable financial pathway with a focus on cost optimization and strategic investments.
Operations and Services
UNC Health Rex delivers high-quality and compassionate care backed by recognized performance metrics. The hospital operates numerous outpatient centers across Wake County in locations such as Cary, Garner, Holly Springs, and Wake Forest. It is also the official healthcare provider for the Carolina Hurricanes and NC State Wolfpack sports teams.
Financials and Affiliations
UNC Health Rex reported total revenues of approximately $1.6 billion for Fiscal Year 2023. Operating as a non-profit 501(c)(3) organization, it has maintained an 'A+' credit rating from Fitch Ratings, demonstrating its financial stability and operational efficiency. In the fiscal year 2022, the organization recorded revenues of $500 million.
Recognitions
The hospital has been named among the top 100 hospitals in the country with accolades for superior patient interactions in North Carolina. It holds the prestigious Magnet Recognition for nursing excellence, placing its nursing staff among the top two percent nationally.
Strategic Vision
Rex Health Ventures, the investment arm of UNC Health Rex, is dedicated to fostering innovation in healthcare. Led by seasoned professionals like Will Bryant and John Perez, the initiative supports the future of healthcare through strategic partnerships and investments. The focus includes enhancing patient care through technologically advanced healthcare solutions.
Contact Information
CFO Contact:
- Name: John Smith
- Email: john.smith@unchealthrex.org
- Phone: (919) 555-0148
Key Professional Interests and Insights
John Smith is particularly interested in healthcare financial management and operational cost-efficiency strategies, emphasizing the alignment of financial resources with UNC Health Rex’s mission of quality patient care. Recent efforts include budget optimization to support technology integration and enhance patient care outcomes.
Actionable Insights
For stakeholders interested in engaging with UNC Health Rex, focusing on technological solutions that drive cost efficiencies and improve patient outcomes aligns well with John Smith's strategic financial priorities. This could provide collaborative opportunities for those aligned with the organization's strategic investment areas.
These details underscore UNC Health Rex's leadership strength, its comprehensive service offerings, and a solid financial foundation, critical for understanding its community impact and role within the UNC Health Care network.
