William Santulli to Focus on
Outsourced Provider Services Businesses
CHICAGO, Aug. 7, 2024
/PRNewswire/ -- Water Street Healthcare Partners, an investment
firm dedicated to building market-leading businesses in health
care, today announced the appointment of William P. Santulli as operating partner. The
longtime industry executive joins Water Street from Advocate Health
and will focus on opportunities to build companies specializing in
technology and business services for health care providers.
"It has been rewarding to be part of building Advocate Health
into one of the top-performing health systems in the country that
is improving patient outcomes, advancing patient safety and making
a positive impact in people's lives. I'm looking forward to
contributing my knowledge and experience to help Water Street
partner with businesses that support providers and their goals for
delivering high-quality, patient-focused care," said Mr.
Santulli.
During a career spanning more than 20 years with Advocate
Health, Mr. Santulli spearheaded teams and initiatives that helped
transform the organization into the third-largest non-profit
integrated system in the United
States. In his most recent position, Mr. Santulli led
Advocate Health's Midwest region that included overseeing 26
hospitals, 400+ care sites and one of the most advanced post-acute
care networks in the country. Previously, Mr. Santulli held
leadership positions with New England Medical Center and Iowa
Health System. He currently serves as chair of the American College
of Healthcare Executives.
"Bill is highly regarded for his leadership in cultivating
high-performing teams that build results-oriented provider networks
delivering high-quality, compassionate care. His expertise strongly
complements our team and will support our initiatives to partner
with founders and executives of businesses specializing in
technology and other services that assist providers with the
growing demands of operating their health care networks and
delivery systems," said Rob Womsley,
managing partner, Water Street.
Mr. Santulli augments Water Street's team of health care
executives and senior investment leaders focused on leveraging
their combined industry experience and network of resources to
build market-leading businesses specializing in medical products
and diagnostics, pharmaceutical and life sciences, and health care
services for payers, providers and employers.
About Water Street
Water Street Healthcare Partners is a strategic investor
dedicated to building businesses in three critical health care
sectors: medical products and diagnostics, pharmaceutical and life
sciences, and health care services. The firm has completed more
than 165 investments and acquisitions to build 45+ companies
contributing to improved patient care, innovation, and a more
efficient health care system. Working closely with leadership
teams, Water Street contributes its industry experience and network
of resources to support businesses' growth objectives. Based in
Chicago, Water Street's team is a
distinctive blend of highly experienced health care executives,
investment professionals, and functional specialists. For more
information, visit waterstreet.com.
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SOURCE Water Street Healthcare Partners