[September 26, 2016]

Alecto Healthcare CEO Lex Reddy to Discuss Evolution and Status of Healthcare Partnerships at Upcoming Leadership Conference

Lex Reddy, president and chief executive officer of Alecto Healthcare Services, will be among the featured speakers at the 11^th annual MDS Healthcare Leadership and Executive Conference, October 9-11, in Las Vegas.

With acute care hospital transactions among the most significant healthcare trends today, Reddy will join a distinguished panel of national healthcare leaders to discuss "The Evolution of Provider Partnerships, Mergers and Acquisitions." The session will explore the wide range of affiliation agreements currently populating the healthcare landscape, ranging from traditional consolidation methods (mergers, joint ventures, management contracts, etc.) to the increasingly prevalent and more creative structures of joint operating agreements, clinical affiliations, and other partnership arrangements. Reddy and his fellow panelists will discuss both the current state of the market and what models are most likely to be seen in the future as well as the steps necessary to be successful n the rapidly changing industry.

Reddy brings to his presentation a deep and varied background in healthcare leadership where he has witnessed firsthand the complex challenges and opportunities that comprise today's healthcare environment. Prior to founding Alecto in 2012, Reddy served for 11 years as president and CEO of one of the nation's largest health systems where he was responsible for its growth from a single hospital into a multi-hospital system that was recognized by Thomson Reuters (News - Alert) as a Top 10 Health System in the nation. During his more than quarter of a century in hospital and healthcare management, Reddy has also served as president of a pharmaceuticals management company, a physician's medical supplies company, and a durable medical equipment company.

Widely recognized as one of the industry's premier gatherings, the MDS Leadership Conference, to be held at the Encore Hotel, is expected to attract hospital executives; physician leaders; hospital and system board members; accountable care organizations; healthcare attorneys; and industry executives from finance, nursing and business development. Registration and additional information can be obtained at https://mdsconsulting.com/pdf/2016-conference-brochure.pdf

View source version on businesswire.com: http://www.businesswire.com/news/home/20160926006183/en/

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