Mr. McDermott is responsible for strategic planning and operational oversight of a $5 billion segment of the integrated healthcare system. His responsibilities span six community hospitals, three specialty hospitals, including Spaulding Rehabilitation, McLean Hospital and Mass Eye and Ear, along with Mass General Brigham healthcare at home, home hospital, ambulance, the MGB Medical Group and population health. Mr. McDermott directs strategic financial planning and operations, ensuring alignment with broader system financial goals and long-term vision. He has led successful financial planning efforts in several campus facility redesign initiatives for multiple hospitals, resulting in over $500 million of facility investments. He has overseen the financial design of new care delivery models, including the successful rollout of the home hospital program, one of the largest in the country. He has also been lead finance executive on the financial redesign of the system’s population health programs and incentive models. With more than 25 years of experience at Mass General Brigham, he is a guest lecturer at Harvard Medical School. Mr. McDermott previously served as senior vice president of finance at Lahey Hospital and Medical Center in Burlington, Mass. and serves on multiple boards across the Northeast, including as chairman of New England Life Care.
