Greater Good Health Appoints Value-Based Care Expert Derek Chao, MD as Independent Board Member
EL SEGUNDO, Calif.--(BUSINESS WIRE)--May 19, 2025--
Greater Good Health, a premier partner to risk-bearing organizations in managing total cost of care, is pleased to announce the appointment of Derek Chao, MD as its newest independent board member. Dr. Chao, who currently serves as the Chief Executive Officer of Optum West, brings more than two decades of expertise in value-based care strategy. He has held multiple key leadership positions at Optum, DaVita Medical Group and Healthcare Partners. With a proven track record of driving growth and innovation, Dr. Chao will play a pivotal role in guiding Greater Good Health's strategic direction and ensuring its continued success in delivering high-quality healthcare services and managing total cost of care.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250519479508/en/
Derek Chao, MD joins Greater Good Health Board as Independent Board Member
'Derek's experience in guiding all elements of value-based care is invaluable as Greater Good Health continues to scale and drive medical cost management,' said Tyler Jung, MD, Chief Medical Officer of Greater Good Health. 'A trailblazer in managing the true cost of care, his clinical background as a nephrologist and hospitalist, coupled with his deep knowledge of the key levers in managing complex populations across the country, make him an incredible fit for our team.' Greater Good Health Chief Executive Officer, Sylvia Hastanan adds, 'I am thrilled to have Derek join our Board and I know that his impact on Greater Good Health will be significant.'
Greater Good Health is a clinical care organization that enables longitudinal care through value-based care to optimize medical cost management. Through its nurse practitioner-led models, it is directly solving the challenges of rising medical costs and an increasing primary care physician shortage across the country. As part of its comprehensive suite of services, Greater Good Health partners with health plans in access-starved markets and operates its own primary care clinics for seniors.
'Across the industry, healthcare organizations are struggling with medical expenses, total cost of care and sub-optimal outcomes, and the team at Greater Good Health has demonstrated an unwavering focus on pragmatically solving these problems,' said Dr. Chao. 'Our shared commitment to expanding value-based care makes this a natural fit for me. l look forward to collaborating with the Board and management team to drive strategic initiatives that will enhance Greater Good Health's impact on our healthcare system.'
About Greater Good Health
Greater Good Health is a premier partner for risk-bearing organizations in managing total cost of care. The company is enabling and expanding access to value-based primary care through its innovative suite of clinical solutions and its own primary care clinics for seniors in underserved communities. Greater Good Health's proven Nurse Practitioner-led model reduces unnecessary costs, improves clinical outcomes and delivers a best-in-class patient experience.
For more information, visit www.greatergoodhealth.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20250519479508/en/
CONTACT: Matt Gagalis
Chief Commercial Officer
Greater Good Health
[email protected]
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: MANAGED CARE HOSPITALS HEALTH
SOURCE: Greater Good Health
Copyright Business Wire 2025.
PUB: 05/19/2025 10:43 AM/DISC: 05/19/2025 10:42 AM
http://www.businesswire.com/news/home/20250519479508/en
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Forbes
33 minutes ago
- Forbes
Guardians' Triston McKenzie Struggles In Arizona Complex League
Command and control continue to haunt Cleveland Guardians right-hander, Triston McKenzie. McKenzie, 27, struggled mightily in his brief appearances with the Guardians this season. To put McKenzie's background in context, he was a former Cleveland Indians 2015 first round draft pick out of Royal Palm Beach Community High School in Florida. McKenzie made just four appearances for the parent Guardians in April. His ERA of 11.12, and 2.47 WHIP came in 5.2 innings on the mound. In his appearances, McKenzie walked seven, struck out four, and yielded one home run among the seven hits he allowed. The Guardians designated McKenzie for assignment on April 21.. McKenzie was not claimed by another organization. He cleared waivers, and accepted an outright assignment to the team's Triple-A Columbus club. Prior to reaching Columbus, McKenzie was initially sent to the Guardians spring training complex in Goodyear, Arizona, to work on his mechanics. McKenzie, 6-5, 165 pounds, had been dealing with shoulder/elbow and arm related issues for the past few seasons. McKenzie decided not to have any type of corrective surgery, opting instead to rest, rehabilitate his throwing arm, and try to recapture the volume of work he enjoyed in 2022, his best season with Cleveland. McKenzie, nicknamed 'Dr. Sticks,' because of his long, lanky frame, won 11 games for Cleveland in 2022. He threw 191.1 inning in 30 starts. McKenzie flashed 'electric stuff' that year, and the Guardians hoped they had developed a reliable starter for years to come. It never materialized. McKenzie was sent to the Arizona complex to work with Cleveland's highly regarded pitching coaches and tutors. Columbus would have to wait. Then, on Friday, May 30, McKenzie entered an Arizona Complex League game for the Guardians team. He started the second inning of the game. Here are his statistics from that Rookie League appearance in the Arizona desert: 1.1 innings pitched 1 hit 2 runs, both earned 4 walks 3 strikeouts 1 home run 1 Wild pitch 1 batter hit by pitch Of the 45 pitches McKenzie threw, only 21 were strikes. He faced a total of 10 batters. The results of his first appearance with the Rookie League team were discouraging, to say the least. Once again, command and control escaped McKenzie in the outing. The Arizona Complex League is populated by young, mostly first-year professionals who are playing for their first professional team. It is a time to learn the ropes of becoming a professional baseball player. Many of the players were international selections, and are stateside for the first time. There is an occasional veteran who shows up on a rehabilitation assignment. That was the case with Shane Bieber, who made a start in the Arizona Complex League as he works his way back to the Cleveland major league mound. When healthy, McKenzie flashed excellent life on his fastball, and a good 'feel' for his secondary pitches. Sadly, his shoulder/elbow/arm issues were never treated with a surgical procedure, and the impact of those injuries may still linger when he throws. McKenzie is working on a one-year, $1.95 million contract. While that isn't a great deal of money in today's baseball landscape, it is a Guardians financial investment with no immediate return. Baseball fans everywhere are hoping McKenzie can find the command, control, and pitching mechanics that have eluded him for quite some time. Perhaps his next appearance in the Arizona Complex League will be better than his first.
CBS News
an hour ago
- CBS News
Deadly toxic algae bloom off Southern California coast ends
The toxic algae bloom off the Southern California coast that's been killing and sickening so many sea lions and other marine mammals has finally ended. "Our demoic acid toxic hostess event is over, for the time being," biologist Dave Bader said. Bader, who works for San Pedro's Marine Mammal Care Center, said recent samples of the ocean water do not show signs of the algae that create the toxic domoic acid bloom that has been afflicting sea lions, dolphins, pelicans and even whales over the past three months. "It's been rough," Bader said. "We've seen so many animals." For those three months, Bader and his team have triaged and treated thousands of animals that were seizing, dying or dead on beaches from Ventura to Orange County. Rescue centers shared the burden and pain during the toxic algae bloom. "It's not just the volume of animals," Bader said. "The females were pregnant, almost all of them, they all aborted their young ... Also, there were so many dolphins this time around as well, which is also tragic. So to see the volume of animals, the types of animals that are coming in, it was really hard on everybody." Typically, the algae blooms begin in June. However, this round of domoic acid spread began much earlier and has the possibility of returning later this year, according to Bader. "We still have another several months when a bloom of this type could reoccur," he said. Bader said humans created this crisis, and can ultimately solve it. "We need to do a better job of mitigating against the future effects of climate change, making it not as bad as it could be. That's step number one," he said. "It's a big step that we have to take. The ocean is telling us it's not well, it's not healthy, and we have to take those big steps to solve problems like this."
Entrepreneur
an hour ago
- Entrepreneur
Building Without a Blueprint
In a saturated industry often driven by surface-level results, Dr Ellie Sateei stands out for her deep-rooted belief in aesthetics as a form of healing. A single mother of three, she built her business from the ground up - without investors, without privilege, and without compromise. In this candid interview, Dr Sateei shares the unvarnished truth about the challenges she faced, the values that carried her through, and how she's redefining success on her own terms. What was the moment you realised you had to build your business without the usual safety nets? There wasn't a single moment, it was a slow, insistent knowing. I had no financial cushion, no family to fall back on, and had been left by my ex-husband while my children were still in nappies. I could have stayed in the stable career I'd trained for after years of university and clinical practice but I knew it wasn't enough. Aesthetic medicine lit something up in me. I was good at it. And I believed, even then, that I could use it to heal, not just enhance. I remember telling my father I was walking away from my established path to pursue aesthetics. No husband's income to fall back on, no funding, no clinic; just conviction. He was mortified. He thought I'd lost my mind. Maybe I had. I didn't know if I'd succeed, but I was willing to take the risk. Because I've always been driven by something bigger than certainty: legacy. I wanted my daughters and my son, to see what independence looks like. To know that it's possible to build something from nothing. That vision became my fuel. I've never been the most connected or the most privileged, but I've always had relentless work ethic. I was never the top of the class, but I've always outworked everyone in the room. Back then, the aesthetics industry was smaller, less diluted, and dominated by a few heavyweight names - mostly men, who were already lecturing and building global clinics. It was intimidating. But it was also magnetic. I didn't want to copy them. I wanted to stand among them, not as a follower, but as a woman who built her own way in. How did being a single mother shape your approach to entrepreneurship and leadership? It shaped everything. As a single mother, you become a unit, your childrens wellbeing is mission critical. That kind of responsibility sharpens your focus, your resourcefulness, and your sense of purpose. There's no one to pass the baton to. You learn to hold it steady through every storm. Leadership, to me, isn't about authority. it's about care. It's about holding space for others while holding the line for what matters. Single motherhood teaches you that. You learn to lead with empathy, efficiency, and clarity. You become incredibly patient, but also fiercely resilient. You listen more. You show up, even when you have nothing to give. Entrepreneurship is weathering storms. So is motherhood. Both demand that you come back again and again, to your core values, your vision. Every decision I've made, every risk I've taken, it's been with my childrens future in mind. That kind of motivation doesn't just shape you as a leader. It anchors you. And it teaches you a kind of resilience you won't find in self-help books or wellness retreats. It's embodied. It forces growth, but it also brings you to the edge of burnout. I've learned to slow down in order to speed up. Sometimes, in motherhood and in business, things need to unfold in their own time. You can't control every aspect of everything. Letting go of control, trusting flow, becomes part of your journey. Some things I had to simply let happen. Even the dark times. People I once believed would protect me and my children ended up becoming my greatest teachers. And that's the same in business. Setbacks, failures, betrayals - they hurt. But if you're paying attention, they become fuel. If you can see them clearly, they'll teach you everything you need to grow. What were the biggest challenges you faced starting out without capital or connections - and how did you overcome them? The biggest challenge I faced was overcoming self-limiting beliefs. I had internalised the idea that I should shrink myself - stand quietly at the back, let others take the spotlight, wait to be invited in. I had to shed that conditioning in order to lead. Unlearning a lot of generational and cultural behaviour. I had to trust that I belonged in the room and that I didn't need to apologise for wanting more, building more, or taking up space. Externally, I had no capital, no investors, no connections to lean on. So I built trust the only way I could: through consistency and integrity. I wore every hat, from branding and admin to clinical care. There was no room to cut corners. But what I did have, and what became my greatest strength, was sincerity. I cared deeply; about people, not just profit. I wasn't transactional. I was transparent. And patients can feel that. They stayed because I was honest, because I listened, and because I always showed up. I also found strength in watching others who had risen through adversity. I began to understand that the most powerful stories often come from the most difficult places. And success, true success, doesn't always show up in a bank balance. Sometimes, it looks like returning to who you really are. That kind of clarity only comes through self-reflection and awareness. That's how I overcame it: by paying attention, by learning from others, and by learning to trust myself Were there times you wanted to compromise or give up? What kept you pushing forward? I'd be lying if I said I never questioned everything. That's part of being human. There were moments, usually in the quiet hours, when exhaustion crept in and my mind fed me the worst stories: This isn't working. What have I done? That's the trap of a one-dimensional mindset we all fall into sometimes. But even at my lowest, giving up was never really an option. I never compromised on the quality of care I delivered. That part was non-negotiable. But I did face waves of self-doubt, rooted in old, limiting beliefs. I had to constantly remind myself why I started, to build a purposeful, integrity-led practice. What kept me going? Two things. First, my children. Their wellbeing was critical, and I knew they were watching. I couldn't fold. I had to show them what resilience looked like in real time. And second, my patients. Very early on, I began to receive feedback that went far beyond skin. Patients weren't just seeing results, they were feeling something: safety, sincerity, empowerment. The energy I put into my work, into creating a space of real hospitality and care - was mirrored right back at me. That became fuel. Knowing I could hold space for people in moments of vulnerability, knowing I could be a source of strength while quietly building my own, that's what kept me going. How do you define success now, compared to when you first started? My definition of success has evolved, radically. In the beginning, success meant survival. Keeping the lights on. Paying the bills. Proving I could do it alone. That fire was necessary. It kept me moving when I had nothing but grit. But as I grew and as I gained more awareness and self-reflection, success began to shift. It became less about financial gain and more about purpose. Less about proving myself, and more about serving others. I stopped chasing validation and started creating from a deeper place, something closer to the source of who I really am. Success, to me now, is agency. It's alignment. It's self-respect. It's knowing that I'm living and leading in a way that honours my values as a woman, a mother, and a human being. It's about the integrity of how I show up, the peace I feel in my decisions, and the impact I have on others, especially in their most vulnerable moments. It's also about legacy; not just professionally, but emotionally. I want someone to look at my story and feel less alone. I want to be a mirror for someone who's navigating shame, rebuilding after loss, or starting again. And most importantly, success now means unburdening myself, of resentment, of entitlement, of ego. The art of forgiveness is the highest success I know. To strip it all back and choose humility. That's the real freedom. That's the kind of wealth I want to pass on.
