Prem reddy
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[edit] Dr. Prem Reddy
Prem Reddy, MD, FACC, FCCP is board-certified physician in Internal Medicine and Cardiology. He is a Fellow of the American College of Cardiology and the American College of Chest Physicians. During his over two decades of practise, Dr. Reddy has performed more than 5,000 cardiac procedures (coronary angiography and angioplasty, permanent pacemaker implantations, etc.).
Dr. Reddy founded Desert Valley Medical Group, a multi-specialty medical group, in 1985, which later became PrimeCare International, Inc., a physician practice management company with operations in several states including New York, Florida, Oklahoma in addition to California. PrimeCare, with over 250,000 managed care patients and annual revenues of over $400 million, was later sold to a publicly traded company, PhyCor. Dr. Reddy, repurchased the struggling Desert Valley Medical Group and Desert Valley Hospital from PhyCor in January 2001, and since then has helped turn them into successful organizations.
Under the leadership of Dr. Reddy, the 83-bed Desert Valley Hospital continues to raise the bar of excellence in quality and access to healthcare. Compared to hospitals in the area, Desert Valley maintains the highest survey scores.
Dr. Reddy, also founded and served as CEO and Chairman of the Board of PrimeRX.Com, Inc. (PrimeMed Pharmacy Services, Inc.), a pharmacy management company, headquartered in Las Vegas, NV with operations nationwide. PrimeRX.com had annual revenues of over $100 million from 1998 to 2000.
Dr. Reddy founded Prime Healthcare Services, Inc. (PHS), in 2001. PHS currently ownes and operates eight acute care hospitals in Southern California: Desert Valley Hospital in Victorville, Chino Valley Medical Center in Chino, Montclair Hospital Medical Center in Montclair, Sherman Oaks Hospital and the Grossman Burn Center in Sherman Oaks, Huntington Beach Hospital in Huntington Beach, La Palma Intercommunity Hospital in La Palma, West Anaheim Medical Center in Anaheim and Paradise Valley Hospital in National City.
For his philanthropic and charitable involvement, Dr. Reddy has received several social awards including: Entrepreneur of the Year, Ernst & Young Accounting Company, Inc. Magazine and Merrill Lynch Financial Company (1994); Republican of the Year Award, San Bernardino County, Republican Central Committee (1995); Victor Valley College Foundation Distinguished Service Award (1996); and Member of the Order of William Harvey, American College of Cardiology. Additionally, Inland Empire Leaders of Distinction-representing the business communities of San Bernardino and Riverside Counties-honored Dr. Reddy with the "Life Time Achievement Award" (2003). Dr. Reddy, is the recipient of several honors from the American Heart Association including the "Friend with a Heart" (1996) and the "Honoree of the Year" (2004) awards. The Boy Scouts of America, Inland Empire Council, recognized Dr. Reddy as the "Distinguished Citizen of the Year" (2005).
Dr. Reddy, is an active philanthropist and is involved in various charitable causes. In 1989, he established the Desert Valley Charitable Foundation[1], a 501(c)(3) not-for-profit charitable organization with an initial gift of $1 million. Since that time, he has contributed over $5 million to the Foundation. He supports several students with annual scholarship grants to assist them in completing their education in the health care field (i.e.: nursing, physician assistant, physical therapy, etc.)[2]. The Victor Valley Community College honored Dr. Reddy's donation of $1 million by naming their Allied Health Programs the "Dr. Prem Reddy School of Health Sciences". Victor Valley College had previously honored Dr. Reddy when they named their student health clinic the "Dr. Prem Reddy Student and Staff Health Center". The Western University of Health Sciences in Pomona, CA, named its largest lecture hall the "Dr. Prem Reddy Lecture Hall" in honor of his many contributions to education in the health care field.
