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AHCN Names Molly O’Neill Senior Vice Presidentand Chief Business Development Officer

November 16, 2011
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(St. Louis) November 16, 2011 - Ascension Health Care Network (AHCN) announced today that Molly O’Neill has been named Senior Vice President and Chief Business Development Officer, effective Jan. 2, 2012. In this capacity, O’Neill will support and partner with the AHCN leadership team in guiding the company’s development initiatives.

“Molly’s outstanding talent and abilities make her the ideal executive to lead the growth and development of Ascension Health Care Network,” said Leo P. Brideau, FACHE, President and CEO of AHCN. “Her experience helping to grow and build organizations through joint ventures, acquisitions, strategic alliances and partnerships will be invaluable to our organization as we move forward. She is a consummate professional who shares our core values and we are extremely pleased to have her on our team.”

MollyONeillO’Neill brings more than 26 years of healthcare experience to AHCN. Since 2004, she has held a number of positions with Duke Medicine in Durham, N.C. Most recently, she was Chief Strategic Planning Officer, Vice President for Business Development and Vice Chancellor for Integrated Planning. Prior to Duke, she was with Partners HealthCare in Boston and Gambro Healthcare, Inc., in Washington, D.C.

Anthony R. Tersigni, EdD, FACHE, Board Chair of AHCN and President and CEO of Ascension Health said, “The Board of Directors is thrilled to welcome Molly to AHCN. She has a proven track record of helping to lead complex, integrated healthcare organizations in diverse markets while creating cultures of quality and safety. Molly is a highly-respected professional in the healthcare industry and her strong network of relationships around the country will help her further the strategic goals and interests of AHCN.”

“I am proud to be joining AHCN and look forward to working with Leo and his team, as well as the Board, to help chart a course for its future,” said O’Neill. “This is an exciting opportunity to bring my healthcare experience in planning, collaboration, program development and joint ventures to an organization that is rooted in the values of service, creativity, wisdom, reverence and integrity.” O’Neill holds a Master of Science in Health Care Administration from the Medical College of Virginia at Virginia Commonwealth University and a Bachelor of Science, Journalism, from the School of Mass Communication at Virginia Commonwealth University.

About Ascension Health Care Network

Ascension Health Care Network (AHCN) (http://www.ahcn.com/) is a joint venture between Ascension Health and Oak Hill Capital Partners that provides an alternate funding source for the acquisition of Catholic hospitals and other healthcare provider entities. AHCN offers these entities access to financial, operational and clinical resources.

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