Discovery Senior Living ("Discovery") has announced the appointment of Dr. Jacquelyn Y. Kung as an Independent Board Member to its Board of Directors. Kung brings with her a wealth of experience in the healthcare industry, having served in executive leadership roles in numerous organizations.
Kung is the former CEO of Activated Insights, a health tech software company that focuses on employee, patient, and resident engagement. Under her leadership, Activated Insights grew to capture nearly 50% of the market share. The company also received recognition as an Inc. 5000 Fastest-Growing Company awardee.
Prior to her role at Activated Insights, Kung served as the Chief Operating Officer and Advisor at ClearCare (now WellSky®), the dominant cloud-based enterprise software company for home care agencies.
Kung also has experience as a consultant at McKinsey & Co., where she engaged in more than 10 healthcare studies serving provider, manufacturer, supplier, and investor growth needs. She also served as the Senior Director of Strategy at Erickson Retirement Communities, a $1.2 billion developer and manager of large-scale communities; as an Investment Banking Associate at Goldman Sachs International; and as a consultant for AARP and Boston Consulting Group.
As an Independent Board Member, Kung will work exclusively within the seniors housing industry with Discovery to support its ongoing growth and innovation as it continues to evolve as a world-class company supporting the aging population.
Kung earned her Doctorate in Public Health from Johns Hopkins University, a Master in Business Administration from Harvard Business School, and a B.A. in Economics from Harvard College. She currently serves as a Board Director for the Smithsonian Institute's SITES traveling exhibits division and as a Senior Advisor at Milken Institute's Center for the Future of Aging.
"We are excited to welcome Jacquelyn to our Board of Directors," said Dan Decker, Chairman of the Board for Discovery Senior Living. "Her extensive experience in the healthcare industry and expertise in business strategy will be invaluable to our organization as we continue to grow and evolve."
CEO and Board Member Richard J. Hutchinson added, "I am extremely excited to have another world-class business leader join our Board of Directors and very much looking forward to being able to work closely with Jacquelyn on our numerous next-generation initiatives."
"I'm very excited to partner with Discovery and positively contribute to their performance. Given how the sector is at a critical inflection, putting the operator and management company first will lead to faster innovations that enhance quality of life for our older adults," said Dr. Jacquelyn Y. Kung.
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