Seth Sargent will focus on growth in target markets, strengthening client relationships as firm expands national footprint
Hoar Construction announced today the hiring of healthcare veteran Seth Sargent as the company’s new Vice President of Healthcare. In this role, Sargent will focus on growing the firm’s healthcare footprint in new and existing markets while expanding relationships with healthcare systems and other clients across the U.S.
Sargent joins Hoar with over 25 years of experience in the healthcare industry, having previously worked for GE Healthcare for 18 years. Sargent’s leadership roles at GE included Region General Manager of the Lifecare Solutions business, where he was responsible for leading the commercial strategy and growth efforts in the southeast. Most recently, he worked for Comprehensive Pharmacy Services as a Senior Vice President of Development. During his 6-year tenure at CPS, the company nearly doubled its valuation and was sold in March of 2019. His focus has been in healthcare equipment, IT, supply chain, and health systems services segments, which have seen steady growth over the last two decades and through which Sargent has built connections with hospital and healthcare systems across the nation.
As Vice President, Sargent will oversee existing relationships with Hoar clients throughout various markets in the Southeast and focus on building out new relationships with national organizations in growing markets. His expertise in identifying and implementing planning and development strategies across multiple verticals will be a key advantage for Hoar as it begins its next chapter of growth in healthcare, especially as health systems continue to focus on new delivery models and adapt to changing consumer needs.
Sargent joins Hoar as the firm celebrates its 30th anniversary year of dedicated healthcare services. He steps into the position currently held by Coker Barton, who will retire later this year after 22 years at the firm.
“Coker, Turner, and the Hoar team have created a tremendous portfolio and reputation that I am looking forward to building on as I transition into this new role,” said Sargent. “Relationships are a key driving factor for this industry, and my experience and familiarity with key healthcare players in Hoar’s geographic footprint will allow us to keep growing in the decade ahead. I’m also excited and fortunate to join a company of incredibly talented and experienced people that truly lives out its core values in everything that it does.”
Hoar’s healthcare teams have completed over 17.5 million square feet of healthcare projects across 7+ markets over the last 30 years, bringing in more than $2.4 billion to the firm in total revenue. In 2020, Hoar was ranked as a Top 10 (8) General Contractor by Modern Healthcare.
“Hoar’s healthcare teams have instilled a level of trust and commitment to quality among our healthcare clients that has solidified us as one of the top healthcare builders in the country,” said Hoar President Turner Burton. “In a season of history where healthcare is evolving so rapidly thanks to technology and the onset of a pandemic, knowledgeable and reliable contractors who have a wide breadth of industry experience are essential to ensure that healthcare workers are armed with all the resources they need to deliver superior patient care. Seth’s comprehensive background in the field makes him the right choice to lead our strategic healthcare efforts into the next 30 years of growth and advancement.”
Recent healthcare projects for Hoar include a 60,000-square-foot Birmingham Veterans Affairs Medical Center mental health clinic, a 170,000-square-foot replacement hospital, and 11,500-square-foot Central Utility Plant for Uvalde Memorial Hospital in Uvalde, Texas, a Pediatric Emergency Psychiatric Treatment Unit (PEPTU) in Rockville, Maryland near Washington, a fourth bed tower at Dell Children’s in Austin, Texas, and three-story, acute-care hospital for Covenant Health in Hobbs, New Mexico.