{"id":10531,"date":"2023-05-29T10:31:33","date_gmt":"2023-05-29T10:31:33","guid":{"rendered":"https:\/\/premreddy.com\/?page_id=10531"},"modified":"2023-12-13T18:06:40","modified_gmt":"2023-12-13T18:06:40","slug":"entrepreneur","status":"publish","type":"page","link":"https:\/\/premreddy.com\/about-us\/dr-prem-reddy-bio\/entrepreneur\/","title":{"rendered":"Entrepreneur"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"10531\" class=\"elementor elementor-10531\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3094d80b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3094d80b\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-62b15c56\" data-id=\"62b15c56\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c4b0ecf elementor-widget elementor-widget-heading\" data-id=\"c4b0ecf\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.19.0 - 28-02-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">A Meteoric Rise in the Business World\n<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-08085b0 elementor-hidden-desktop elementor-hidden-tablet elementor-widget elementor-widget-image\" data-id=\"08085b0\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.19.0 - 28-02-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"400\" height=\"266\" src=\"https:\/\/premreddy.com\/wp-content\/uploads\/2023\/05\/Prem-Reddy14.jpg\" class=\"attachment-large size-large wp-image-10534\" alt=\"\" srcset=\"https:\/\/premreddy.com\/wp-content\/uploads\/2023\/05\/Prem-Reddy14.jpg 400w, https:\/\/premreddy.com\/wp-content\/uploads\/2023\/05\/Prem-Reddy14-300x200.jpg 300w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-27c63228 elementor-hidden-desktop elementor-hidden-tablet elementor-widget elementor-widget-text-editor\" data-id=\"27c63228\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.19.0 - 28-02-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>        <div class=\"elementor-text-editor elementor-clearfix\"><p>Dr. Prem Reddy is the founder, Chairman, and CEO of\u00a0<strong><u><a href=\"http:\/\/www.primehealthcare.com\/\" target=\"_blank\" rel=\"noopener\">Prime Healthcare<\/a><\/u><\/strong>\u00a0and founder of the\u00a0<a href=\"http:\/\/www.phsfoundation.org\/\" target=\"_blank\" rel=\"noopener\"><strong>Prime Healthcare Foundation<\/strong><\/a>\u00a0and the\u00a0<a href=\"http:\/\/www.premreddyfamilyfoundation.org\/\" target=\"_blank\" rel=\"noopener\"><strong>Prem Reddy Family Foundation<\/strong><\/a>, formerly the Desert Valley Charitable Foundation.<\/p>\n\n<p>It was in the early 1980s that Dr. Reddy&#8217;s exceptional business acumen became apparent when he created health care entities at a time<\/p><\/div>\n        \t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-23b9d89 elementor-hidden-tablet elementor-hidden-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"23b9d89\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-b3ae09f elementor-hidden-tablet elementor-hidden-mobile\" data-id=\"b3ae09f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c24614d elementor-widget elementor-widget-image\" data-id=\"c24614d\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"400\" height=\"266\" src=\"https:\/\/premreddy.com\/wp-content\/uploads\/2023\/05\/Prem-Reddy14.jpg\" class=\"attachment-large size-large wp-image-10534\" alt=\"\" srcset=\"https:\/\/premreddy.com\/wp-content\/uploads\/2023\/05\/Prem-Reddy14.jpg 400w, https:\/\/premreddy.com\/wp-content\/uploads\/2023\/05\/Prem-Reddy14-300x200.jpg 300w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-899e792\" data-id=\"899e792\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-12847a8 elementor-widget elementor-widget-text-editor\" data-id=\"12847a8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t        <div class=\"elementor-text-editor elementor-clearfix\"><p>Dr. Prem Reddy is the founder, Chairman, and CEO of\u00a0<strong><u><a href=\"http:\/\/www.primehealthcare.com\/\" target=\"_blank\" rel=\"noopener\">Prime Healthcare<\/a><\/u><\/strong>\u00a0and founder of the\u00a0<a href=\"http:\/\/www.phsfoundation.org\/\" target=\"_blank\" rel=\"noopener\"><strong>Prime Healthcare Foundation<\/strong><\/a>\u00a0and the\u00a0<a href=\"http:\/\/www.premreddyfamilyfoundation.org\/\" target=\"_blank\" rel=\"noopener\"><strong>Prem Reddy Family Foundation<\/strong><\/a>, formerly the Desert Valley Charitable Foundation.<\/p>\n\n<p>It was in the early 1980s that Dr. Reddy&#8217;s exceptional business acumen became apparent when he created health care entities at a time<\/p><\/div>\n        \t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-43f1d00 elementor-widget elementor-widget-text-editor\" data-id=\"43f1d00\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t        <div class=\"elementor-text-editor elementor-clearfix\"><p>when physicians were being squeezed by managed care organizations.\u00a0Seeing the trends and needs in the field, he formed Desert Valley Medical Group in 1985, then founded Primecare Medical Group Network in 1992, a physician practice management company, that was later sold to Phycor in 1998. Dr. Reddy also founded PrimeCare International, Inc. with operations across the United States which, at its peak, served over 250,000 managed care patients and generated over $500 million in annual revenue. During 1998-2000, he founded and served as Chairman and CEO of a pharmacy managed care company, PrimeMed Pharmacy Services, Inc., with locations in 11 states.<\/p><p>The Inland Empire&#8217;s High Desert region of Southern California was growing rapidly during the early 1990s and Dr. Reddy saw the need for a community hospital to serve the needs of High Desert residents. This led him to build\u00a0<a href=\"http:\/\/www.dvmc.com\/\" target=\"_blank\" rel=\"noopener\"><strong>Desert Valley Hospital<\/strong><\/a>\u00a0in 1994. Desert Valley Hospital received accreditation with commendation in its first year of operation for the high quality of services. Today, Desert Valley Hospital is the flagship hospital for Dr. Reddy&#8217;s California-based, award winning Prime Healthcare network of hospitals and outpatient locations across the country, and its hospitals have been recognized as\u00a0<strong>\u201c<a href=\"https:\/\/www.primehealthcare.com\/News\/2022\/July\/Prime-Healthcare-Hospitals-Named-to-the-2022-For.aspx\" target=\"_blank\" rel=\"noopener\">100 Top Hospitals<\/a>\u201d<\/strong> in the nation more than 68 times. Prime Healthcare has been recognized as a <a href=\"https:\/\/www.primehealthcare.com\/News\/2013\/April\/Prime-Healthcare-Recognized-as-Top-15-Health-Sys.aspx\" target=\"_blank\" rel=\"noopener\"><strong>&#8220;Top 15 Health System&#8221;<\/strong><\/a> in the nation by Truven health Analytics three times based on quality of care measures.<\/p><p>Dr. Reddy sold Desert Valley Hospital for a time while he pursued other ventures before re-purchasing the then-flailing hospital, rescuing it from bankruptcy and launching a mission to save and transform struggling hospitals across the country. Prime Healthcare&#8217;s motto is &#8220;Saving Hospitals, Saving Jobs, Saving Lives&#8221; which the company continues to do as it\u00a0<a href=\"https:\/\/www.primehealthcare.com\/\" target=\"_blank\" rel=\"noopener\">grows<\/a>.<\/p><p>Dr. Reddy has been consistently named among the top healthcare leaders in the nation for his visionary leadership and charitable giving. Among his accolades include the \u201c100 Most Influential People in Healthcare,\u201d the \u201c50 Most Powerful Physician Executives,\u201d the \u201cTop 20 Minority Executives in Health Care\u201d and more. Accounting giant Ernst and Young has named Dr. Reddy an &#8220;Entrepreneur of the Year.&#8221; Similar prestigious awards have been bestowed upon him by Inc. Magazine and Merrill Lynch Financial Company. Other distinctions include a Lifetime Achievement Award from Inland Empire&#8217;s Business Press in recognition of Dr. Reddy\u2019s outstanding leadership and his impact on the quality of life in the Inland Empire region of Southern California. He also received the Distinguished Citizen Award from the Boy Scouts of America, a Lifetime Member Award from the California Highway Patrol Foundation, the Boys &amp; Girls Club of Greater San Diego Golden Achievement Award, and so much more.<\/p><h4>Read Dr. Reddy&#8217;s bio\u00a0<a href=\"https:\/\/premreddy.com\/wp-content\/uploads\/2023\/12\/Dr-Prem-Reddy-Bio_12.12.2023.pdf\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/h4><\/div>\n        \t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>A Meteoric Rise in the Business World Dr. Prem Reddy is the founder, Chairman, and CEO of\u00a0Prime Healthcare\u00a0and founder of the\u00a0Prime Healthcare Foundation\u00a0and the\u00a0Prem Reddy Family Foundation, formerly the Desert Valley Charitable Foundation. It was in the early 1980s that Dr. Reddy&#8217;s exceptional business acumen became apparent when he created health care entities at a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":10458,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"footnotes":""},"_links":{"self":[{"href":"https:\/\/premreddy.com\/wp-json\/wp\/v2\/pages\/10531"}],"collection":[{"href":"https:\/\/premreddy.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/premreddy.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/premreddy.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/premreddy.com\/wp-json\/wp\/v2\/comments?post=10531"}],"version-history":[{"count":47,"href":"https:\/\/premreddy.com\/wp-json\/wp\/v2\/pages\/10531\/revisions"}],"predecessor-version":[{"id":12438,"href":"https:\/\/premreddy.com\/wp-json\/wp\/v2\/pages\/10531\/revisions\/12438"}],"up":[{"embeddable":true,"href":"https:\/\/premreddy.com\/wp-json\/wp\/v2\/pages\/10458"}],"wp:attachment":[{"href":"https:\/\/premreddy.com\/wp-json\/wp\/v2\/media?parent=10531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}