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Boston Medical Center Health System Names James Phalen as Board Chair; Matthew Botein, James Blue to Board of Trustees

July 14, 2016

For More Information, Contact:

Dave Kibbe, Boston Medical Center
Office of Communications
617.638.8499
[email protected]

Boston Medical Center Health System Names James Phalen as Board Chair; Matthew Botein, James Blue to Board of Trustees

(Boston) – July 14, 2016 – Boston Medical Center Health System has elected James S. Phalen, an experienced financial industry executive, as chairman of its Board of Trustees. Phalen has served on the BMC Hospital Board of Trustees since 2010 and on the BMC Health System Board of Trustees since 2013. The BMC Health System Board oversees the operations of Boston Medical Center and BMC HealthNet Plan and their affiliates.

“Jim has been a strong supporter of our hospital and health plan for many years, and we are thrilled to have him expand his leadership role as Chairman of the BMC Health System Board of Trustees,” said Kate Walsh, President and CEO of BMC. “His fiscal expertise and dedication to the BMC Health System’s mission are sure to serve the system well as we continue to develop unique ways to integrate patient care, provide great coverage to our members and create innovative solutions to the health care issues they face.”

Phalen succeeds Ted English, who served as chairman of the Hospital Board of Trustees for seven years and the BMC Health System board of trustees for three years. English remains a member of the BMC hospital Board of Trustees. Phalen is vice chairman and executive vice president at State Street Corporation, where he has held numerous positions, including head of Global Operations and Technology, as well as head of international operations for investment services and investment research and trading. He was formerly chairman and CEO of CitiStreet, one of the largest global benefits delivery firms in the country. He is a graduate of Boston College and the Stonier Graduate School of Banking.

“We want to thank Ted for his tremendous commitment over the years,” Walsh said. “His dedication and passion are unparalleled. We are grateful for all of the time and effort he has put into our system, helping us to become more competitive, while never losing sight of our mission, vision and values.”

The BMC Health System Board of Trustees also named Matthew Botein and James Blue as new trustees. Their appointments, as well as Phalen’s, are effective immediately.

“Matt and Jim bring unique skill sets and perspectives to the BMC Health System Board of Trustees, and we are confident that they will make significant contributions to the board’s  support and leadership for the system as a whole,” Walsh said. “We appreciate their commitment to helping us better serve our patients and members every day.”

Dr Matthew Botein
Botein is managing director as well as the global co-head and chief investment officer of BlackRock Alternative Investors, where he manages a portfolio of more than $100 billion. Prior to joining BlackRock in 2009, he served as managing director at Highfields Capital Management, a Boston-based private investment partnership. He serves on numerous boards including PennyMac Financial Services, Northeast Bancorp and Alliance Partners LLC. He is chair of the BMC Health System Investment Committee and a member of the BMC Exceptional Care Without Exception Trust. Botein earned his bachelor’s degree from Harvard College and an MBA degree from Harvard Business School.
James Blue

Blue is chief executive officer of MMA New England (formerly Bostonian Group), which he joined in 1989. In 2005, he founded and funded The Bostonian Group Charitable Foundation, now Community Connections Foundation, to act as the firm's philanthropic arm. Under his guidance, the Foundation now makes donations annually to nearly 60 local charities, including Answer House, Boston Health Care for the Homeless, Rodman Ride for Kids, Project Bread/Walk for Hunger, Boys & Girls Club of Dorchester, Catholic Charities and the Cystic Fibrosis Foundation. He is a BMC Health Plan Trustee and a member of the BMC Exceptional Care Without Exception Trust Board. He is a graduate of Boston College.

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