Pat A. Basu, MD, MBA, is a pioneering business leader, entrepreneur and Stanford University-trained physician who served as a senior White House advisor on then-President Obama’s economic and health agendas. Dr. Basu brings to CTCA a wealth of leadership experience gleaned from years spent in numerous senior executive positions in the business, government, clinical and not-for-profit sectors. He serves as President and Chief Executive Officer at Cancer Treatment Centers of America Global, Inc. In his role, Dr. Basu leads the strategic, operational and visionary direction of the national footprint of hospitals and outpatient care centers, in the Cancer Treatment Centers of Comprehensive Cancer Care Network, expanding patient access to the network’s signature comprehensive, personalized model of care and overseeing new business initiatives designed to enhance the delivery of high-quality, evidence-based oncology care. As a member of the CTCA National Board of Directors, he collaborates with other mission-driven visionaries to identify and deliver new, innovative therapies to heal the whole person, improve quality of life and restore hope for both patients and their caregivers.
Most recently, as a Partner at the private equity firm Chicago Pacific Founders and venture capital firm Pritzker Group Venture Capital, he led investments for entrepreneurs and high-growth companies innovating the delivery of health care, specifically in the areas of health technology, value-based payment and senior care. Previously, Dr. Basu served as a Senior Vice President and member of the Executive Leadership Team of UnitedHealth Group, a Fortune 10 company. Among his key responsibilities, he served as President of OptumCare, the largest physician group and value-based care business in the United States with more than 20,000 clinicians delivering care to millions of Medicare Advantage and commercially insured Americans in pay-for-performance models.
Prior to Optum/UnitedHealth, guided by a keen sense for the needs of consumers, especially patients, Dr. Basu co-founded Doctor on Demand, helping launch the delivery of telemedicine, then in its infancy, into the homes of millions of Americans. Under his leadership Doctor on Demand became the largest provider of telehealth video visits in the United States. Dr. Basu also served as President, Chief Operating Officer and Board Director of vRad (a merger of the publicly traded firms Nighthawk and Virtual Radiologic), helping the company grow into the largest provider of radiology services in the United States while delivering high-quality, timely care to over 8 million Americans through partnerships with more than 2,500 hospitals, employers and physician groups.
He’s put the breadth of his expertise and passion for leadership to work for others while serving on the advisory boards of Walgreens, General Electric, CareCredit, Takeda, McKinsey & Co. and the American Medical Association. He’s also served as a senior advisor or consultant for several Fortune 500 firms, private equity firms and hospital systems.
Outside his official duties, Dr. Basu dedicates much of his time to community and public-service leadership roles. A board-certified radiologist with expertise in treating cancer patients, Dr. Basu continues to provide care to U.S. veterans at the VA Hospital System. He’s served as member of The Council on Foreign Relations, the US-Japan Foundation, Atlantik-Brücke US-Germany, the Illinois State Board of Health, the Illinois Institute of Government & Public Affairs, Leadership Greater Chicago, the Economic Club of Chicago and as a Regional Commissioner of the White House Fellows. He’s also served on the Board of Directors for the University of Illinois and the Stanford University Medical Alumni Association and has delivered keynote addresses at over 150 corporations, universities, governments and professional societies. National news networks—including CBS, NBC, WGN, Fox and NPR—have sought his expert commentary on numerous topics over the years, and seven major universities have invited him to offer his expertise as visiting faculty.
Dr. Basu completed his medical training at Stanford University and went on to serve as Chief Resident at Stanford University Medical Center before completing Stanford Business School’s Faculty Leadership Program. As Founding Faculty Director of Health Policy and Finance, in addition to his clinical and administrative duties, he taught Stanford medical and business students. In 2010, he took a leave of absence from Stanford to serve as a White House Fellow and Senior Advisor, serving at the highest levels of federal government while helping to execute portions of President Obama’s economic and health agenda.
Dr. Basu is a recipient of the American Medical Association’s National Excellence Award for Leadership, Stanford Medicine’s Specialist Physician of the Year Award, the Crain’s Chicago Business 40 Under 40 Award, The Governor Edgar Fellowship and the Daniel Burnham Fellowship of Leadership Greater Chicago. He is the recipient of the Distinguished Alumni Award from the University of Illinois where he received his Bachelor’s Degree in Mechanical Engineering and the Distinguished Alumni Award from the University of Chicago Booth School of Business where he received his Master’s in Business Administration (MBA).