HC Wisdom Founders Join BDC Advisors

Brian Silverstein, MD and Richard Weil, PhD to Join BDC Leadership Team, Expanding the Firm's Presence in the Key Midwest Region

News provided by

BDC Advisors

Jul 27, 2017, 08:45 ET

MIAMI, July 27, 2017 /PRNewswire/ -- Rick Wesslund, Founder and Chairman of BDC Advisors, announced that Brian Silverstein, MD and Richard Weil, PhD, founders of HC Wisdom, a Chicago-based healthcare consulting firm known for its work in population health and accountable care strategy, have joined BDC Advisors. As managing directors of BDC, Silverstein and Weil will assume key leadership responsibilities for the future growth of the firm.

"We are delighted to have two such distinguished professionals joining our team," Wesslund said. "Brian and Rick share our philosophy of simplifying and improving healthcare—and share our dedication of providing remarkable senior level consulting services to some of the most exceptional provider and payer organizations in the nation."

"We expect to have a seamless integration of professional services as Rick and Brian come on board," Wesslund said. "This is a natural step for both firms, since we share several key clients. HC Wisdom's objective of helping clients to 'Sustainably Make the Transition to Value' is a perfect fit with BDC's goal of 'Leading Constructive Change,' while serving as a partner for organizations seeking to grow and transform themselves in today's emerging value market."

Wesslund announced that Silverstein and Weil will continue to be based in Chicago, giving BDC a much stronger presence in the important mid-western marketplace. Brian Silverstein is a national healthcare thought leader with extensive leadership and operations consulting experience in the payer and provider healthcare market. He is a system board member for OSF Healthcare, and a member of the Governance Institute. He formerly served as Senior Vice President of CareFirst BlueCross Blue Shield of Maryland, where he ran the nation's largest primary care ACO and was the Chicago Office head for The Camden Group.

Rick Weil is a former partner of Oliver Wyman's Health and Life Sciences practice and served as Senior Vice President of Transformation for Evolent Health. He is recognized as an expert in value-based care strategy, organization and business design with clients ranging from hospital systems, payers, medical technology companies and large physician groups.

"We founded HC Wisdom in 2013 because we saw an opportunity to make a difference in helping organizations make sustainable progress in moving their clinical operations to value-based care," said Silverstein. "Now, by joining with BDC Advisors we have an opportunity to leverage our experience and bring these services to a broader range of clients. We are excited to join an organization that shares our values and culture—and know that collectively, as part of the BDC team, we will be better equipped to bring our clients the next generation of value-based service."

ABOUT BDC ADVISORS

BDC Advisors is a national healthcare strategy consulting firm that transforms and grows healthcare organizations in the value-based market. Established in 1990, the firm's services include health enterprise strategy, payer/provider innovation, provider network development, organization design and development, population health, and strategic pricing and cost repositioning.

ABOUT HC WISDOM

HC Wisdom is a Chicago-based consulting firm founded in 2013 to assist Academic and Community Hospital Systems sustainably make the transition to value. The firms service includes value-based care and population health strategy, accountable care organization and design, and clinical network development.

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SOURCE BDC Advisors