Methodist Le Bonheur Healthcare names Crabb Chief Business Development Officer

7/12/2021


Memphis, Tenn. – Methodist Le Bonheur Healthcare has named Michael “Trey” Crabb, III senior vice president and chief business development officer. Crabb joins the healthcare system from Morgan Stanley, where he founded the firm’s national hospital and health systems merger and acquisition efforts.
 
“Trey has been a trusted advisor to healthcare systems across the US for more than 25 years,” said MLH President and CEO Michael Ugwueke. “He has extensive strategic transaction experience with a significant focus on not-for-profit providers, payors and physician organizations.”
 
Crabb, a native Memphian, will advance the healthcare system’s strategic relationships, identify innovative new partners and enhance patient care services.
 
Prior to his tenure at Morgan Stanley, Crabb served as managing director for Ziegler Investment Banking, based in Chicago. For nearly a decade, he has served as an adjunct faculty member for the UNC Kenan-Flagler Business School.
 
Crabb holds a bachelor’s degree in corporate finance and investment management from the University of Alabama, and received two master’s degrees from the University of North Carolina at Chapel Hill.
 
Photo 1 attached: Methodist Le Bonheur Healthcare has named Michael “Trey” Crabb, III as senior vice president and chief business development officer. Crabb joins the healthcare system from Morgan Stanley, where he founded the firm’s national hospital and health systems merger and acquisition efforts.
 
About Methodist Le Bonheur Healthcare
 
Based in Memphis, Tennessee, Methodist Le Bonheur Healthcare has been caring for patients and families regardless of ability to pay for more than 100 years. Guided by roots in the United Methodist Church and founded in 1918 to help meet the growing need for quality healthcare in the greater Memphis area, MLH has grown from one hospital into a comprehensive healthcare system with 13,000 Associates supporting six hospitals, ambulatory surgery centers, outpatient facilities, hospice residence and physician practices serving communities across the Mid-South. From transplants and advanced heart procedures to expert neurology services and compassionate cancer care, MLH offers clinical expertise with a focus on improving every life we touch.