Precedent Spine Health Names President and CEO

Precedent Spine Health, a division of Precedent Health Group, has appointed a new president and CEO. Brian McCollum will assume his post immediately, bringing his more than 12 years of operational and financial healthcare industry experience with him.

“Precedent Spine Health is fortunate to have an industry veteran like Brian join this company at such an exciting time. His strong healthcare industry experience as both a chief financial officer and a global business unit president make him well suited to lead us during this growth phase,” said Glen Marconcini, chairman of Precedent Health Group. “Additionally, his experience in the spine industry will allow him to position the company to partner with clinicians, hospitals and local marketing partners, who are all extremely valuable to our company.”

McCollum most recently served as president of the spine global business unit at Orthofix International NV where he had full profit and loss accountability of the company’s business unit. McCollum was responsible for expanding distribution globally, fostering new business partnerships, and overseeing the business development strategy in spine.

McCollum also served Orthofix as chief financial officer. He played an instrumental role in reorganizing the company to leverage and focus its resources by business unit, which resulted in significant operating margin expansion. McCollum led the carve-out divesture of one of Orthofix’s business units, which along with improved cash flow from the operating margin expansion led to complete deleveraging of the company’s debt position.

“I am thrilled to lead the team at Precedent Spine Health during a time when the spine industry needs to embrace strong safety and quality initiatives,” said McCollum. “We have an opportunity to add value during the intraoperative monitoring service by providing a comprehensive solution that improves the experience for patients and physicians. Additionally, we will focus on expanding our geographical footprint while assessing additional service offerings within the operating room.”

Formerly DOC Holdings until it was purchased by Precedent Health Group in 2011, Precedent Spine specializes in intraoperative neurophysiological monitoring.