Philip Settimi, President and CEO of PartsSource, Named One of The Top 50 Healthcare Technology CEOs Of 2021
April 14, 2021 – The Healthcare Technology Report is pleased to announce the Top 50 Healthcare Technology CEOs of 2021. This year’s awardees represent some of the most accomplished executives in healthcare technology. Their leadership has been critical in developing industry leading medical devices, next generation software platforms, cutting-edge drugs and therapeutics, and advanced diagnostics, among other technologies. Notably, in addition to overseeing their companies’ efforts from the C-suite, many of these leaders were also founders or co-founders of their organizations, recognizing unique opportunities for transformation and growth within their areas of expertise.
From inventing novel orthopedic and mobility devices, to spearheading platforms to strengthen the patient/provider connection, and to developing new blood tests to diagnose diseases, these awardees have made significant contributions to society at large. They come from varied backgrounds in medicine, research, biotechnology, business, and finance, leveraging unique insights to provide their companies with the agility and ingenuity needed to thrive. While highly involved and instrumental to the continued success of their companies, they have also remained dedicated to advancing their particular fields, with many participating in prestigious research institutions and trade groups that are collaborating to develop more effective solutions for patients across the globe. Please join us in honoring The Top 50 Healthcare Technology CEOs of 2021.
18. Philip Settimi Company: PartsSource Title: President and Chief Executive Officer
Philip Settimi, MSE, M.D., serves as President and Chief Executive Officer for Ohio-based PartsSource, whose pioneering evidence-based supply chain software platform and vertical marketplace serving mission-critical healthcare operations has been adopted at over 3,500 hospitals and 15,000 clinical sites worldwide. Under Dr. Settimi’s leadership since 2014, PartsSource has developed the industry’s first Clinical Resource Management platform that uses patented algorithms and 3 billion data elements to maximize the safety, reliability, productivity, and cost-effectiveness of the medical device supply chain. During this time, PartsSource has earned ISO 9001 and 13485 certification, and extended improvement insights on product quality, logistics, and customer experience to thousands of suppliers and OEMs in the healthcare ecosystem. PartsSource’s growth and financial results are similarly impressive, and the firm was acquired to great acclaim by Great Hill Partners in 2017.
Dr. Settimi has also served as a member or advisor to numerous boards of healthcare technology entities, and as an operating executive to multiple leading private equity firms. He has held diverse leadership positions in public medical device and HCIT companies including Hillrom, Hospira, and GE Healthcare, and he holds numerous patents related EMR-usage to enroll and conduct clinical studies in medicine. Dr. Settimi received his Bachelor of Arts degree in economics as well as a master’s degree in biomedical engineering and a Doctor of Medicine degree, all from the University of Michigan.