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Saturday, Nov 23, 2024

LA500 2024: Prem Reddy

Founder, Chair, Chief Executive Prime Healthcare

Reddy, a cardiologist, founded Prime Healthcare in 2001 with a mission to buy distressed hospitals and transform them into community assets. The company has grown to 44 hospitals and more than 300 outpatient centers in 14 states, becoming the fifth-largest for-profit health system in the nation. It provides more than $12 billion in charity care. In Los Angeles County, Prime Healthcare operates five hospitals. Reddy also founded the California University of Science and Medicine, a medical school in Colton.

What’s the best advice you ever got?
From Hippocrates: “Whenever the art of medicine is loved, there is also a love of humanity.”

What’s your favorite movie, all time and in any category?
“The Godfather” – because of family values, not the violence.

What’s at the top of your bucket list?
To see my grandchildren go to college.

What’s the best thing about living in Los Angeles?
The culture.

YEARS ON LA500: 5

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