Greater Good Health Appoints Value-Based Care Expert Derek Chao, MD as Independent Board Member

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EL SEGUNDO, Calif.--(BUSINESS WIRE)--May 19, 2025--

Greater Good Health, a premier partner to risk-bearing organizations in managing total cost of care, is pleased to announce the appointment of Derek Chao, MD as its newest independent board member. Dr. Chao, who currently serves as the Chief Executive Officer of Optum West, brings more than two decades of expertise in value-based care strategy. He has held multiple key leadership positions at Optum, DaVita Medical Group and Healthcare Partners. With a proven track record of driving growth and innovation, Dr. Chao will play a pivotal role in guiding Greater Good Health's strategic direction and ensuring its continued success in delivering high-quality healthcare services and managing total cost of care.

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Derek Chao, MD joins Greater Good Health Board as Independent Board Member

“Derek’s experience in guiding all elements of value-based care is invaluable as Greater Good Health continues to scale and drive medical cost management,” said Tyler Jung, MD, Chief Medical Officer of Greater Good Health. “A trailblazer in managing the true cost of care, his clinical background as a nephrologist and hospitalist, coupled with his deep knowledge of the key levers in managing complex populations across the country, make him an incredible fit for our team.” Greater Good Health Chief Executive Officer, Sylvia Hastanan adds, “I am thrilled to have Derek join our Board and I know that his impact on Greater Good Health will be significant.”

Greater Good Health is a clinical care organization that enables longitudinal care through value-based care to optimize medical cost management. Through its nurse practitioner-led models, it is directly solving the challenges of rising medical costs and an increasing primary care physician shortage across the country. As part of its comprehensive suite of services, Greater Good Health partners with health plans in access-starved markets and operates its own primary care clinics for seniors.

“Across the industry, healthcare organizations are struggling with medical expenses, total cost of care and sub-optimal outcomes, and the team at Greater Good Health has demonstrated an unwavering focus on pragmatically solving these problems,” said Dr. Chao. “Our shared commitment to expanding value-based care makes this a natural fit for me. l look forward to collaborating with the Board and management team to drive strategic initiatives that will enhance Greater Good Health’s impact on our healthcare system.”

About Greater Good Health

Greater Good Health is a premier partner for risk-bearing organizations in managing total cost of care. The company is enabling and expanding access to value-based primary care through its innovative suite of clinical solutions and its own primary care clinics for seniors in underserved communities. Greater Good Health’s proven Nurse Practitioner-led model reduces unnecessary costs, improves clinical outcomes and delivers a best-in-class patient experience.

For more information, visit www.greatergoodhealth.com.

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CONTACT: Matt Gagalis

Chief Commercial Officer

Greater Good Health

[email protected]

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: MANAGED CARE HOSPITALS HEALTH

SOURCE: Greater Good Health

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PUB: 05/19/2025 10:43 AM/DISC: 05/19/2025 10:42 AM

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