UChicago Medicine AdventHealth announces new chief executive officer

Monica Reed, MD, a veteran health care leader with more than 30 years of experience, has been named president and Chief Executive Officer for UChicago Medicine AdventHealth.

As CEO, Dr. Reed will be responsible for overseeing the strategic development and growth of UChicago Medicine AdventHealth, which includes four hospitals in Bolingbrook, Glendale Heights, Hinsdale and La Grange, and more than 50 sites of care.

Dr. Reed started her career in leadership as an OB-GYN attending physician and associate director of the Family Practice Residency program for AdventHealth Orlando. She has served in several senior leadership roles at AdventHealth, including chief learning officer and chief medical officer for the Central Florida Division; CEO for the Central Florida Division South Market; and CEO for AdventHealth Celebration, which became nationally recognized as a clinical destination for whole-person care under her leadership.

In 2019, Dr. Reed founded Reed Consulting Group, an Orlando, Florida-based consulting firm focused on developing value propositions for a variety of health care, clinical technology and consumer businesses.

“Dr. Reed is a future-focused leader with a capacity to not only articulate a clear vision, but bring others along the journey,” said David Banks, group CEO for AdventHealth’s Multi-State and Primary Health divisions. “As we continue to see more changes in market and consumer demands, I’m confident Dr. Reed will serve as a change agent and help position our hospitals for the future, as we deepen our promise of wholeness in our Chicagoland market.”

In 2023, AdventHealth’s Great Lakes Region formed a joint venture with the University of Chicago Medicine, combining the expertise and resources of both organizations to ensure a connected health system, and bring academic medicine to the western suburbs of Chicago.

“Through our partnership with UChicago Medicine, we have the opportunity to unite the best of academic medicine with excellent faith-based, whole-person care,” said Dr. Reed. “I’m excited to join the team in the Great Lakes Region and collaborate on bringing our mission and vision to life as we seek to leave a lasting impact in the lives of those we serve.”

Dr. Reed earned her medical degree from the Loma Linda University School of Medicine in Loma Linda, California, and holds a master’s degree in consulting and coaching for change from the University of Oxford Saïd Business School and HEC Paris, a Paris business school.

Herb Buchanan, who had been serving as interim regional CEO since December 2023, has been named chief strategy and integration officer for UChicago Medicine AdventHealth. In this role, Buchanan will lead the strategic planning processes that will help create and achieve brand loyalty, business growth, competitive advantage, market relevance and sustainability products and services across the Great Lakes Region. Both Dr. Reed and Buchanan assumed their new roles on Feb. 19.