Troy Simonson is the CEO of Revo Health, a healthcare innovation company that provides business support to independent, physician-owned and led medical practices across the United States. Prior to dedicating his time solely to Revo, Troy was also CEO of Twin Cities Orthopedics (TCO), a large independent specialty practice of 35+ clinics and 120+ physicians in Minnesota.
Troy joined TCO in 2004 and was named its first CEO in 2013. Under his guidance, TCO experienced massive success, welcoming new physicians and locations across the Twin Cities metro and western Wisconsin, establishing strategic partnerships, and leading joint ventures with local organizations.
In 2017, Troy led the formation of Revo Health. The momentum continued into 2019, when TCO and Revo led the development of Infinite Health Collaborative (i-Health), an independent multi-specialty practice with 185+ physicians and 2,000+ employees across several different clinical specialties
Revo’s mission is to support innovative physician leaders in their pursuit of dynamic change by designing affordable, scalable, value-based care solutions.
Revo was founded by the physicians of Twin Cities Orthopedics in 2017, so we could help other independent physician practices remain independent and thrive. Recently, we have started to expand services beyond the Minneapolis/St. Paul metro market.
As a leader, the role of providing high-quality, innovative leadership did not change. Of course, COVID-19 did require us to shift our leadership focus to support new areas that historically did not need the same level of attention.
Absolutely. We had to adapt during the pandemic and remain nimble to the ever-changing environment. We created different work environments, found creative ways to continue meeting with clients, and adjusted our strategic plans.
Continued growth, development of our team, and a focus on expanding value-add services to physician leaders.
Everyone has a different strategy in balancing everyday life, and mine has always been ensuring family events are priorities. Many family events will only happen once, whereas business strategies can flex.
Revo started as a spinoff from Twin Cities Orthopedics, so my perspective is a little different from most true startups. Still, moving into more of a sales role has taught me that we no longer control the timeline. Also, the growth opportunities are exciting; however, the key is balancing the growth and company scale while maintaining high-quality services.
One simple strategy: hire individuals who can perform your job. The worst? Any growth is good. There are times you have to say no to ensure the growth fits with your company values and culture.
Increase my focus on wellness.
Any activity outdoors and watching our kids play sports. I believe many life lessons can be learned through participation in athletics.
The focus by the community on innovation. I enjoy surrounding myself with individuals who are constantly looking to evolve the status quo and find ways to improve.
Up & Running is an interview series with Medical Alley’s early stage leaders on what they see as the future of healthcare and why their company is well-positioned to be part of it. Medical Alley Association’s membership includes leaders in healthcare delivery, payment, technology, and policy, which gives us – and in turn, you – access to diverse perspectives on how healthcare is changing and what lies ahead.
Medical Alley is the global epicenter of health innovation and care; Up & Running, is meant to share insights and spark discussion. If you have a perspective on the future of healthcare, feel free to share it by reaching out to Maddy Kennedy at email@example.com
If you’re interested in the startup ecosystem or are a startup in need of support, contact Medical Alley Starts at www.medicalalleystarts.com