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Gregory E. Deavens named Drexel University’s 2024 Business Leader of the Year

Independence Health Group President and CEO Gregory E. Deavens was honored as the 2024 Business Leader of the Year by Drexel University’s LeBow College of Business. The annual award is one of the most prestigious accolades in the region, recognizing individuals who embody innovation, integrity, and a steadfast commitment to community advancement.

“I cannot think of any leader better suited to rally our business and civic community not only toward meeting the many challenges facing our region, but also toward fulfilling our potential to become a national leader in inclusive growth, innovation, and civic health,” said John Fry, president of Drexel University.

Under Deavens’ leadership, Independence Health Group has made a strategic priority of advancing equitable, whole-person health, which encompasses integrating physical and behavioral health and reducing racial and economic health disparities. The company is deeply committed to helping create a fair and effective health care system that provides access to quality, affordable care for all. Since Deavens became president and CEO in 2021, the company’s efforts include:

  • Convening the Regional Coalition to Eliminate Race-Based Medicine in collaboration with 12 health systems to remove race “adjustments” from 15 clinical decision support tools that may adversely impact patient outcomes. These efforts have already paid off with Black patients getting life-sustaining organ transplants that would have otherwise been unavailable to them
  • Championing diverse-owned businesses through supplier diversity programs, commitment of investment funds, and working with diverse asset managers

The award ceremony, held on April 3 at the Kimmel Center for the Performing Arts, provided a platform to honor Deavens’ exceptional achievements and contributions. Before the awards presentation, Deavens participated in a panel discussion on initiatives to grow capital available for minority-owned businesses. Moderated by Vihas Madan, the dean of LeBow College of Business, the panel included Damien Dwin, the founder and CEO, Lafayette Square, and Avis Yates Rivers, president and CEO, Technology Concepts Group International.

The recipient of numerous awards and honors, Deavens has been named to Modern Healthcare’s 100 Most Influential People in Healthcare, Savoy Magazine’s Most Influential Black Executives in Corporate America, and Philadelphia magazine’s Most Influential People in Philadelphia, among other honors.