David Morlock

Managing Director
Co-Head of Health Systems M&A

(312) 604-0575

Cain Brothers Experience

David Morlock is Co-Head of Cain Brothers’ Health Systems M&A Group. Mr. Morlock joined Cain Brothers in 2016 with 30 years of experience as a health system executive. His track record includes strategy development, mergers and acquisitions, affiliation agreements, joint ventures, major capital investments, and other unique arrangements tailored to meet the needs of healthcare organizations’ specific circumstances. Notable and innovative transactions and advisory engagements include the divestiture of MDwise health plan by Indiana University Health, acquisition of Ohio Valley Health by Alecto, affiliation between Fairview Health and the University of Minnesota, healthcare strategic advisory work for the University of North Carolina, affiliation between ProMedica and the University of Toledo College of Medicine, the University of Michigan Health System sale of M-Care to Blue Cross Blue Shield of Michigan, and the University of Michigan’s acquisition of a major research campus from Pfizer. Mr. Morlock is a frequent author of articles and speaker on health care industry mergers and acquisitions and strategic capital insights.

Prior Experience

Prior to joining Cain Brothers, Mr. Morlock was the CEO of the University of Toledo Medical Center, where he had executive responsibility for all aspects of the medical center’s strategy and operations. In addition, Mr. Morlock was CFO of the University of Michigan Health System, with executive responsibility for the financial affairs of the hospitals, clinics, physician group, and medical school. Mr. Morlock was also a Senior Vice President of Accretive Health, where he was responsible for major client executive relationships and business development.


Mr. Morlock earned an MBA from Eastern Michigan University’s Owen School of Business and is an honors graduate of Slippery Rock University.