Adeptus Health Appoints James Hopwood as its Chief Financial Officer
IRVING, TX (PRNEWSWIRE) FEBRUARY 12, 2019 – Adeptus Health, a leading patient-centered healthcare services organization, announced that James Hopwood has been appointed as its new Chief Financial Officer. Hopwood officially joined Adeptus on October 15, 2018.
Hopwood comes to Adeptus with over 30 years of experience, including executive and financial management positions in the healthcare industry. He will lead the Company’s finance and accounting teams including all financial operations, tax and reporting. Hopwood’s contributions will further Adeptus’ focus on profitability and growth as Adeptus seeks to expand access to the highest quality medical care through its innovative delivery model of hospital satellite emergency departments, freestanding emergency rooms and smart-sized hospitals.
“I am thrilled to have Jim on the Adeptus team. His significant experience and track record will allow him to have an immediate impact in providing leadership to our financial organization and the broader Adeptus organization,” said Frank R. Williams, President and CEO of Adeptus. “Despite challenges over the last 18 months, we remained vigilant and provided outstanding care to more than 740,000 patients across our network of facilities and hospitals. Jim’s background and skillset will be a key component to the completion of our turnaround and, more importantly, our future growth as we become a key piece in the disruption of the delivery of healthcare.”
Hopwood is a veteran of the healthcare industry with a diverse set of skills and a proven record of leading successful business and financial transformations. He brings an experienced, analytical approach to the CFO role, with extensive experience and expertise in identifying and executing key initiatives, which will support the continued growth and strategic direction of the Company.
“I am honored to have the opportunity to join Adeptus Health and become part of the senior leadership team that has brought Adeptus to this point,” said James Hopwood. “I am confident I can further Adeptus’ goal of building a profitable, efficient organization that is patient-centered, team-powered and data-driven. Adeptus is at the forefront of key trends in healthcare including the ongoing shift to deliver care in convenient outpatient settings.”
Since 2014, Hopwood has been serving as Chief Financial Officer of Promise Healthcare Group, LLC. Prior to joining Promise, he served as a Managing Director at Focus Management Group, providing turnaround expertise to healthcare clients. Previously, he served as CFO of Wickes Lumber Company, a publicly traded distribution company. He began his career as a financial analyst at Goldman Sachs & Co. Hopwood holds an undergraduate degree with honors from Western Illinois University and an MBA with honors from the University of Chicago Booth School of Business.
About Adeptus Health
Adeptus Health is a leading patient-centered healthcare services organization transforming the delivery of, and access to, the highest quality emergency medical care. Through its innovative delivery model of freestanding emergency rooms (FSEDs), hospital satellite emergency departments (HSEDs) and smart-sized hospitals, Adeptus Health empowers premier health systems to expand market share in today’s value-based reimbursement market. Adeptus Health’s innovative suite of services includes Market Analysis & Development, ED Operational Management, ED Practice Management and Retail Healthcare Marketing services. Adeptus Health is owned by affiliates of Deerfield Management Company, an investment firm committed to advancing healthcare through investment, information and philanthropy. For more information, please visit www.adpt.com.