Tom Hancock was one of the founders of Diamond Healthcare Corporation in 1985 and is currently the Chairman of Diamond’s Board of Directors. The founders of Diamond represented the disciplines of administration, law, and medicine. As an attorney specializing in healthcare, Mr. Hancock had the opportunity to view a variety of service delivery models and be a part of the transition that was taking place in Federal and State laws and regulations as well as third party reimbursement.

“It was apparent that there was a need for a company that would anticipate and efficiently navigate the changes that were on the horizon as well as offer innovative approaches to addressing the needs of its clients,” said Mr. Hancock. “We all shared that view and Diamond is the result of our vision 25+ years ago.”

Diamond’s Challenges
All companies are faced with challenges and Mr. Hancock commented on what he sees as Diamond’s biggest challenges. “Recruitment of experienced, dedicated individuals who share our core values, commitment, and goal of developing and sustaining a company is important,” said Hancock. “Although our success to date in both recruitment and retention is evident, as Diamond grows that challenge persists.” Hancock also added that staying at the forefront in all facets of Diamond’s internal and external operations whether program development and/or enhancement, use of technology, advances in pharmacology and corporate compliance are all important.

Excitement at Diamond
Even after 25 years, Mr. Hancock feels that there is always something exciting occurring at Diamond. At the top of the list is Diamond receiving favorable recognition whether through endorsement by associations, a glowing survey report at a subsidiary-managed facility or positive one-on-one feedback. “This for me is confirmation that the original vision was correct and that Diamond’s performance is in keeping with its founding principles,” said Hancock.

Personal Career
Mr. Hancock's practice has been exclusively in the area of health care and administrative law since 1974. Clients include hospitals, nursing homes, psychiatric and substance abuse facilities, outpatient facilities, pharmacies, physicians and other health care professionals, and their sponsoring organizations.

Mr. Hancock’s health care practice has extended into fourteen states over three decades. His practice focuses on acquisitions, sales, mergers, reorganizations, joint ventures, financing arrangements, regulatory compliance, health care planning, medical staff credentialing, quality assurance, peer review, third-party reimbursement, managed care, rate review, and trustee responsibilities. He is Visiting Lecturer in the Department of Legal Medicine, Medical College of Virginia, Virginia Commonwealth University and has served on the boards of directors of several health care organizations. Mr. Hancock is a founding member of the Boards of Governors of the Health Law Sections of both the Virginia State Bar and Virginia Bar Association. He has been listed in The Best Lawyers in America, Virginia Business Magazine’s “Legal Elite” and Virginia Super Lawyers Magazine’s “The Top Attorneys in Virginia.”

On A More Personal Note – Mr. Hancock Won the Goofy Medal
Mr. Hancock has a passion for running...marathon running. On a recent family trip to Disney, he completed “Goofy’s Race and A Half Challenge" where he ran the half Marathon on Saturday and then the full Marathon on Sunday. He was not alone either. His son-in-law Dan ran with him and his wife Ann Marie, daughters Cori and Faith, son-in-law Mike and grandchildren Chase, Kendall, Jack and Maddie also participated in a variety of other races during Disney’s Marathon Weekend. Mr. Hancock’s son Chip, a Marine Corps Captain and Special Operations Command Team Leader, was deployed and unable to join the family.