Memorial Hermann Names Feby V. Abraham as Executive Vice President, Chief Strategy Officer
Memorial Hermann Health System is pleased to announce the appointment of Feby V. Abraham, Ph.D., as EVP, Chief Strategy Officer, effective January 6, 2020. Abraham, who will join Memorial Hermann’s executive leadership team, will guide the health system’s strategic priorities in alignment with its vision for the future—to create healthier communities, now and for generations to come.
“The healthcare industry is at an inflection point in terms of value-based care and consumer demand across all aspects of the care experience. Providers must be poised to respond and meet patients’ needs in high-reliability, high-quality and lower-cost scenarios and we want to strengthen our leadership team to address just that,” said David L. Callender, M.D., President and CEO of Memorial Hermann.
Abraham brings with him more than 15 years of experience in the healthcare sector. Most recently, he served as a partner at McKinsey & Co., where he worked for nearly 12 years advising private equity funds across sectors, including health care. He has also worked closely with healthcare companies across the value chain, including bio-pharma, medical products, and health systems and services. His work has included corporate strategy in a disruptive environment, digital strategy, and business value creation topics.
“In an era of unprecedented change in health care, Feby brings a clear line of sight into the technologies, trends and innovations that are reshaping our industry, as well as transformative ideas for ensuring Memorial Hermann’s position ahead of the curve,” added Dr. Callender. “We are thrilled to have him join our team and help grow our community impact at every scale.”
Prior to McKinsey, Abraham served as an investigator on the research and development (R&D) team at GlaxoSmithKline. He holds a doctorate in mechanical engineering from Rice University, and a Bachelor of Technology from the Indian Institute of Technology in Mumbai, India.
“Memorial Hermann represents the best in health care today—a system that has its eye on the future and a steadfast focus on improved outcomes and experiences for the people it serves,” said Abraham. “I’m thrilled to join this incredible community of passionate care providers and to be part of their inspired work.”
The announcement of Abraham’s appointment follows the recent arrival of Dr. Callender as the system’s new President and CEO, and Memorial Hermann’s unveiling of a new organizational vision and set of values—all part of a strategic effort to innovate and sustain the health system’s infrastructure for the future.
About Memorial Hermann
Charting a better future. A future that’s built upon the HEALTH of our community. This is the driving force for Memorial Hermann, redefining health care for the individuals and many diverse populations we serve. Our 6,700 affiliated physicians and 27,000 employees practice the highest standards of safe, evidence-based, quality care to provide a personalized and outcome-oriented experience across our more than 300 care delivery sites. As one of the largest not-for-profit health systems in Southeast Texas, Memorial Hermann has an award-winning and nationally acclaimed Accountable Care Organization, 17* hospitals and numerous specialty programs and services conveniently located throughout the Greater Houston area. Memorial Hermann-Texas Medical Center is one of the nation's busiest Level I trauma centers and serves as the primary teaching hospital for McGovern Medical School at UTHealth. For more than 112 years, our focus has been the best interest of our community, contributing more than $588 million annually through school-based health centers and other community benefit programs. Now and for generations to come, the health of our community will be at the center of what we do – charting a better future for all.
*Memorial Hermann Health System owns and operates 14 hospitals and has joint ventures with three other hospital facilities, including Memorial Hermann Surgical Hospital First Colony, Memorial Hermann Surgical Hospital Kingwood and Memorial Hermann Rehabilitation Hospital-Katy.