Newswise — (PHILADELPHIA) – Theresa Larivee has been named the new Executive Director of Pennsylvania Hospital, effective November 1st. Larivee, currently the Vice President of Financial Operations and Budget for the University of Pennsylvania Health System (UPHS), was selected following a highly competitive national search.

She will succeed R. Michael Buckley, MD, who is retiring after four years leading Pennsylvania Hospital, where he spent 37 years as an infectious disease physician and chief medical officer. Larivee came to Penn Medicine in 2008 from Fox Chase Cancer Center where she served as senior vice president and chief financial officer, presiding over all financial operations for the $300 million, National Cancer Institute-designated enterprise. Prior to Fox Chase, Larivee worked at Columbia University Medical Center, where her focus was improving operational and financial performance. Notable accomplishments included partnering with health system leadership to create key strategic alliances that extended the Columbia brand to communities in the tri-state region.During her six years with UPHS, Larivee has implemented a system-wide strategic analytical team at UPHS, setting the foundation for key matters of strategy and business assessment. She has provided professional mentorship for staff across the system and serves as a Penn Medicine Leadership Academy faculty member in the “Leaders as Teachers” program with a focus on the Strategy & Finance curriculum. For the past year, Larivee has worked closely with faculty and staff within the Department of Medicine to facilitate an operational and fiscal turnaround and structural reorganization.

“Theresa’s collaborative leadership style has allowed her to work across all UPHS entities and instill a culture of cooperation, and communication,” said Ralph W. Muller, chief executive officer, UPHS. “With her highly effective client-focused and action-oriented leadership style – along with her deep commitment to staff and faculty development – we’re confident the tradition of excellence at the nation’s first hospital will be in good hands.”

"Already an integral member of the health system, Theresa's leadership skills, strategic vision and management expertise make her an excellent choice to continue Pennsylvania Hospitals' success and growth," said Garry L. Scheib, chief operating officer of UPHS, and executive director of the Hospital of the University of Pennsylvania.

Since its founding in 1751 by Benjamin Franklin and Dr. Thomas Bond, Pennsylvania Hospital (PAH), the nation's first, has been a leader in patient care, treatment techniques and medical research. A major teaching and clinical research institution, PAH hospital offers patients comprehensive, state-of-the-art services from that run the full spectrum of health care: from obstetrical and prenatal care, primary care and family medicine – to some of the most complex medical and surgical diagnostics and treatments available. Nationally renowned programs at PAH include: orthopaedics, cardiac care, neurology and neurosurgery, hematology/oncology, urology, obstetrics and gynecology, neonatal and newborn services, fertility care and behavioral health.

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Penn Medicine is one of the world's leading academic medical centers, dedicated to the related missions of medical education, biomedical research, and excellence in patient care. Penn Medicine consists of the Raymond and Ruth Perelman School of Medicine at the University of Pennsylvania (founded in 1765 as the nation's first medical school) and the University of Pennsylvania Health System, which together form a $4.3 billion enterprise.

The Perelman School of Medicine has been ranked among the top five medical schools in the United States for the past 17 years, according to U.S. News & World Report's survey of research-oriented medical schools. The School is consistently among the nation's top recipients of funding from the National Institutes of Health, with $392 million awarded in the 2013 fiscal year.

The University of Pennsylvania Health System's patient care facilities include: The Hospital of the University of Pennsylvania -- recognized as one of the nation's top "Honor Roll" hospitals by U.S. News & World Report; Penn Presbyterian Medical Center; Chester County Hospital; Penn Wissahickon Hospice; and Pennsylvania Hospital -- the nation's first hospital, founded in 1751. Additional affiliated inpatient care facilities and services throughout the Philadelphia region include Chestnut Hill Hospital and Good Shepherd Penn Partners, a partnership between Good Shepherd Rehabilitation Network and Penn Medicine.

Penn Medicine is committed to improving lives and health through a variety of community-based programs and activities. In fiscal year 2013, Penn Medicine provided $814 million to benefit our community.

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