General Partner, Welsh, Carson

Anderson & Stowe  |  Washington, DC

Tom Scully is a General Partner with Welsh, Carson, Anderson & Stowe, a private equity firm in New York, which is the most active US PE investor in healthcare. Mr. Scully was the administrator of the Centers for Medicare & Medicaid Services (CMS), from 2001 to 2004. CMS administers Medicare, Medicaid, SCHIP, and is the largest agency in the U.S. Government, controlling more than $1.3 trillion for fiscal year 2016. At CMS, Mr. Scully had an instrumental role in designing and passing Medicare reform and Medicare Part D legislation and in making the vast agency more open and accountable to the public. He initiated the first public reporting and disclosure for comparative quality among hospitals, nursing homes, home health agencies and dialysis centers. Before joining CMS, Tom served as president and CEO of the Federation of American Hospitals from 1995 to 2001. The FAH represents 1700 privately owned hospitals. Mr. Scully was a partner in Washington, D.C., with Patton Boggs, LLP, 1993-95; deputy assistant to the President, 1992-93; Counselor to the Director and Associate Director of OMB, 1989-92. Tom worked on the Bush for President campaign in 1988; practiced law with Akin Gump from 1985-1988; and served with US Senator Slade Gorton (WA), 1980-1985.