RWJBarnabas Health proudly announces the appointment of Richard “Rick” Davis as
the President and Chief Executive Officer at Saint Barnabas Medical Center (SBMC) in Livingston, effective immediately.
Mr. Davis joined SBMC in 2012 as Senior Vice President and Chief Financial Officer. In 2019, he was named Chief Financial Officer of the Northern Region of RWJBarnabas Health.
Throughout his tenure at SBMC, Mr. Davis has progressively assumed a more diverse and expansive portfolio which included Admitting, Medical Records, Dietary, Transport, Environmental Services, Budgeting, Reimbursement, Physician Contracting, Capital Acquisitions and more. His most recent accomplishments include completing the financial analysis of the $200 million Cooperman Family Pavilion and securing all necessary approvals, developing and launching the Clinical Excellence and Efficiency program, and integrating the Barnabas Health Ambulatory Care Center into SBMC. He is continually involved in potential acquisition analysis and financial oversight for numerous practices and business units.
“Rick is an exceptional leader with over 25 years of executive management experience in health care finance and operations,” said Barry H. Ostrowsky, President and Chief Executive Officer for RWJBarnabas Health. “His experience and strong business acumen will be essential in building on the well-established legacy Saint Barnabas Medical Center holds as a premier health care facility in New Jersey and a flagship of our health system.”
Prior to joining SBMC, Mr. Davis worked at Universal Health Services for approximately 18 years. First at Valley Hospital in Las Vegas, Nevada and then later at The George Washington University Hospital in Washington, D.C. where he was the Chief Financial Officer. While working in Washington, he led the organization’s implementation of an electronic health record, negotiated the hospital’s $195 million managed care portfolio and implemented net revenue enhancements and cost containment initiatives that resulted in significant growth for the organization.
Mr. Davis received his Bachelor of Science in Business Administration from the University of Nevada, Las Vegas, NV. While in college, he played NCAA Division 1 Soccer in addition to being on the Dean’s Honor List. He was also an Adjunct Professor in the School of Health Services Management and Policy at The George Washington University.
Active in the community, Mr. Davis is a current board member and past president of the Milburn-Short Hills Chamber of Commerce. He and his wife and children reside in Millburn, NJ.
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About RWJBarnabas Health
RWJBarnabas Health is the largest, most comprehensive academic health care system in New Jersey, with a service area covering nine counties with five million people. The system includes eleven acute care hospitals; three acute care children’s hospitals and a leading pediatric rehabilitation hospital with a network of outpatient centers, a freestanding 100-bed behavioral health center, two trauma centers, a satellite emergency department, ambulatory care centers, geriatric centers, the state’s largest behavioral health network, comprehensive home care and hospice programs, fitness and wellness centers, retail pharmacy services, a medical group, multi-site imaging centers and an accountable care organization. In meeting its mission of creating healthier communities, RWJBarnabas Health seeks to address the clinical and social determinants of health, improve health outcomes, promote health equity, and eliminate health care disparities.
RWJBarnabas Health is in partnership with Rutgers University to create New Jersey’s largest academic health care system. The collaboration will align RWJBarnabas Health with Rutgers’ education, research and clinical activities, including those at the Rutgers Cancer Institute of New Jersey - the state's only NCI-designated Comprehensive Cancer Center - and Rutgers University Behavioral Health Care. To learn more, please visit www.rwjbh.org.
Saint Barnabas Medical Center
Since 1865, Saint Barnabas Medical Center (SBMC), New Jersey’s oldest nonsectarian hospital, has worked to exceed our community’s highest expectations for compassionate, comprehensive health care. The 597-bed institution is one of the largest health care providers in the state. Saint Barnabas Medical Center and the Barnabas Health Ambulatory Care Center provide treatment and services for more than 300,000 outpatient visits annually.
Saint Barnabas Medical Center has long been recognized as a leader in providing the highest level of patient care—delivering nearly 6,400 babies annually which is one of the largest programs in the state, leading the nation in Kidney Transplant, and providing more than 100 medical and surgical specialty and subspecialty services. RWJBarnabas Health and Saint Barnabas Medical Center in partnership with Rutgers Cancer Institute of New Jersey - the state's only NCI-designated Comprehensive Cancer Center - brings a world class team of researchers and specialists to fight alongside you, providing close-to-home access to the latest treatment and clinical trials. For more information, call 973.322.5000 or visit www.rwjbh.org/saintbarnabas. Saint Barnabas Medical Center is located 94 Old Short Hills Road, Livingston, NJ 07039.