US Renal Care names new CEO
Following a national search of candidates led by an executive search firm, dialysis service provider U.S. Renal Care has named Mark Caputo as its new CEO, according to a company press release.
The release described Caputo as a “pioneer of physician joint ventures in dialysis organizations,” noting that during his 25 years of industry experience, he founded and served as CEO of Liberty Dialysis, a position in which he forged partnerships with local nephrologists and health systems, subsequently merging the company with Fresenius Medical Care in 2012.
Caputo has also previously partnered with Bain Capital (a sponsor of U.S. Renal Care), according to the release, leading Bain Capital’s global health care leader, Chris Gordon, to weigh in on the appointment.
“With Mark, we are gaining an executive who has a proven track record in the dialysis industry, in physician-oriented business models and in building value-based care organizations that deliver value through improved patient outcomes,” Gordon said. “In each of his businesses – Liberty Dialysis, Sound Physicians and now U.S. Renal Care – Caputo has partnered and surrounded himself with the most talented physician leaders in the industry.”
Further, the release addressed Caputo’s direct experience with U.S. Renal Care, where he has served as chair of the board and worked with Mary Dittrich, MD, FASN, the chief medical officer and interim CEO of the company.
“I have worked with Mark for many years and appreciate his partnership focus,” she said of Caputo’s appointment. “His tenacity in pursuit of excellence is unmatched in our industry, and it is an honor to have Mark join our leadership team as CEO.”
In the release, Caputo emphasized the importance of partnerships in health care at this time, as health care professionals must “navigate these new COVID-related realities together.”
“I am impressed by the USRC clinical and leadership teams and the dedicated physicians with whom we partner,” Caputo said. “The joint venture model puts physicians in leadership positions, sets a higher standard of care in clinics, and improves employee and patient satisfaction overall. I am looking forward to collaborating with our leadership team, physician partners and clinical teams as we build an organization centered on clinical excellence.”