11/03/2025 | Press release | Distributed by Public on 11/04/2025 00:24
The Mount Sinai Health System has announced the appointment of Stephen D. Savas, MBA, as Executive Vice President and Chief of System Development and Strategic Initiatives, effective Saturday, November 1.
Mr. Savas will be responsible for working with the executive team at the Health System to drive long-term strategy, system development, and execution excellence. His role will focus on the alignment of strategy across clinical care, research, education, and innovation. He will work with the organization's leadership to further implement its newly adopted "One Mount Sinai" transformation, which reinforces a center-led model to ensure that each component part serves to optimize the whole of Mount Sinai.
"This new role will allow us to identify and drive enterprise-level growth opportunities through strategic partnerships and innovative business models. I know Mr. Savas to be a terrific collaborator and believe that he will help us to continue to evolve as an integrated and aligned organization," said Brendan G. Carr, MD, MA, MS, Chief Executive Officer and Professor and Kenneth L. Davis, MD, Distinguished Chair of the Mount Sinai Health System.
Prior to joining the Health System, Mr. Savas advised the organization on high-level management strategies. He brings more than 30 years of experience in health care strategy, operations, and technology to the role. He was previously employed by Accenture, where he has been a managing director since 2013 and the North America Health Lead since 2023, helping payers and providers define growth and innovation strategies and improve the cost and quality of providing care.
"I'm excited to join Mount Sinai and help realize strategic and operational opportunities that further the mission to advance medicine through world-leading education and research while providing compassionate care for the communities we serve," said Mr. Savas.
With diverse experience across health care, he has assessed and executed numerous merger and joint venture opportunities, and managed partnerships with leading technology companies. Throughout his career, he has co-authored papers on a wide range of innovative topics, most recently on generative AI in health care.
Before joining Accenture, Mr. Savas was a leader of McKinsey & Company's health care information technology practice from 2007 to 2013; he previously worked in equity research at Goldman Sachs and the pharmaceutical industry at Pfizer. He was also co-founder of Provation Medical, a clinical software company. Mr. Savas holds an MBA from the Wharton School of the University of Pennsylvania.
About the Mount Sinai Health System
Mount Sinai Health System is one of the largest academic medical systems in the New York metro area, with 48,000 employees working across seven hospitals, more than 400 outpatient practices, more than 600 research and clinical labs, a school of nursing, and a leading school of medicine and graduate education. Mount Sinai advances health for all people, everywhere, by taking on the most complex health care challenges of our time-discovering and applying new scientific learning and knowledge; developing safer, more effective treatments; educating the next generation of medical leaders and innovators; and supporting local communities by delivering high-quality care to all who need it.
Through the integration of its hospitals, labs, and schools, Mount Sinai offers comprehensive health care solutions from birth through geriatrics, leveraging innovative approaches such as artificial intelligence and informatics while keeping patients' medical and emotional needs at the center of all treatment. The Health System includes approximately 9,000 primary and specialty care physicians and 10 free-standing joint-venture centers throughout the five boroughs of New York City, Westchester, Long Island, and Florida. Hospitals within the System are consistently ranked by Newsweek's® "The World's Best Smart Hospitals, Best in State Hospitals, World Best Hospitals and Best Specialty Hospitals" and by U.S. News & World Report's® "Best Hospitals" and "Best Children's Hospitals." The Mount Sinai Hospital is on the U.S. News & World Report® "Best Hospitals" Honor Roll for 2025-2026.
For more information, visit https://www.mountsinai.org or find Mount Sinai on Facebook, Instagram, LinkedIn, X, and YouTube.