CVS Health names Dr. Sreekanth Chaguturu President, Health Care Delivery
CVS Health has appointed Dr. Sreekanth Chaguturu as President of Health Care Delivery, while maintaining his current role as Executive Vice President and Chief Medical Officer. He replaces Mike Pykosz, who is leaving the company. The company reported significant growth in its Health Care Delivery business, with Aetna members served by Signify nearly doubling year-over-year and Oak Street's at-risk membership increasing by 32%. The number of Aetna members enrolled at Oak Street has approximately quadrupled since the acquisition. Dr. Chaguturu will focus on connecting care delivery across Oak Street Health clinics, MinuteClinic locations, and Signify Health's home services.
CVS Health ha nominato il Dr. Sreekanth Chaguturu come Presidente della Consegna della Salute, mantenendo il suo attuale ruolo di Vice Presidente Esecutivo e Direttore Medico. Sostituisce Mike Pykosz, che lascia l'azienda. L'azienda ha riportato una crescita significativa nel suo business di Consegna della Salute, con i membri Aetna serviti da Signify che quasi raddoppiano anno dopo anno e l'iscrizione a rischio di Oak Street che aumenta del 32%. Il numero di membri Aetna iscritti a Oak Street è quadruplicato da quando è avvenuta l'acquisizione. Il Dr. Chaguturu si concentrerà sul collegamento della consegna della salute tra le cliniche di Oak Street Health, le sedi di MinuteClinic e i servizi a domicilio di Signify Health.
CVS Health ha nombrado al Dr. Sreekanth Chaguturu como Presidente de Entrega de Atención Médica, mientras mantiene su rol actual como Vicepresidente Ejecutivo y Director Médico. Reemplaza a Mike Pykosz, quien deja la empresa. La compañía reportó un crecimiento significativo en su negocio de Entrega de Atención Médica, con los miembros de Aetna atendidos por Signify casi duplicándose de un año a otro y la membresía de riesgo de Oak Street aumentando un 32%. El número de miembros de Aetna inscritos en Oak Street se ha cuadruplicado desde la adquisición. El Dr. Chaguturu se enfocará en conectar la entrega de atención a través de las clínicas de Oak Street Health, las ubicaciones de MinuteClinic y los servicios a domicilio de Signify Health.
CVS Health는 Dr. Sreekanth Chaguturu를 건강 관리 제공 부문 대통령으로 임명했으며, 그의 현재 역할인 부사장 및 최고 의료 책임자를 유지합니다. 그는 회사를 떠나는 Mike Pykosz를 대체합니다. 이 회사는 건강 관리 제공 비즈니스에서 유의미한 성장을 보고했으며, Signify에 의해 제공되는 Aetna 회원 수가 거의 두 배로 증가했습니다 또 Oak Street의 위험 부담 회원 수가 32% 증가했습니다. 인수 이후 Oak Street에 등록된 Aetna 회원 수는 약 4배로 증가했습니다. Dr. Chaguturu는 Oak Street Health 클리닉, MinuteClinic 위치 및 Signify Health의 홈 서비스 전반에 걸쳐 의료 제공을 연결하는 데 중점을 둘 것입니다.
CVS Health a nommé le Dr Sreekanth Chaguturu au poste de Président de la Livraison des Soins de Santé, tout en maintenant son rôle actuel de Vice-Président Exécutif et de Médecin-Chef. Il remplace Mike Pykosz, qui quitte l'entreprise. La société a rapporté une croissance significative de son activité de Livraison des Soins de Santé, avec le nombre de membres Aetna servis par Signify presque doublé d'une année sur l'autre et l'adhésion à risque d'Oak Street augmentant de 32%. Le nombre de membres Aetna inscrits chez Oak Street a été multiplié par quatre depuis l'acquisition. Le Dr Chaguturu se concentrera sur la connexion de la livraison des soins à travers les cliniques d'Oak Street Health, les emplacements de MinuteClinic et les services à domicile de Signify Health.
CVS Health hat Dr. Sreekanth Chaguturu zum Präsidenten der Gesundheitsversorgung ernannt und behält gleichzeitig seine aktuelle Rolle als Executive Vice President und Chief Medical Officer. Er tritt die Nachfolge von Mike Pykosz an, der das Unternehmen verlässt. Das Unternehmen berichtete von einem signifikanten Wachstum im Bereich Gesundheitsversorgung, wobei die von Signify betreuten Aetna-Mitglieder fast doppelt so hoch waren im Jahresvergleich und die risikobehaftete Mitgliedschaft von Oak Street um 32% zunahm. Die Anzahl der bei Oak Street angemeldeten Aetna-Mitglieder hat sich seit der Übernahme nahezu vervierfacht. Dr. Chaguturu wird sich darauf konzentrieren, die Gesundheitsversorgung über die Kliniken von Oak Street Health, die MinuteClinic-Standorte und die Hausdienste von Signify Health zu vernetzen.
- Aetna members served by Signify have nearly doubled compared to last year
- Oak Street's at-risk membership increased 32% year-over-year
- Aetna members enrolled at Oak Street quadrupled since acquisition
- None.
Insights
This management change, while notable, does not represent a significant shift in CVS Health's strategic direction or financial outlook. Dr. Chaguturu's promotion is primarily an internal reorganization, maintaining continuity in leadership given his existing role as EVP and Chief Medical Officer. The article highlights continued positive momentum in Health Care Delivery, with Oak Street's at-risk membership growing
"Sree and I worked closely together when he started at CVS Health, serving as chief medical officer of CVS Caremark. In that role, and as the leader of Medical Affairs at our company, Sree has served as a trusted advisor to our clients, their members, and CVS Health colleagues, consistently demonstrating our commitment to patients," said CVS Health president and CEO David Joyner. "At the same time, I thank Mike for his leadership and all he has done to help create a connected experience for those we serve. Mike let us know earlier in the year that he planned to move on from the company and we appreciate him helping to lead a smooth transition."
Dr. Sree Chaguturu is executive vice president and chief medical officer of CVS Health where he leads the CVS Health medical affairs organization. He is focused on advancing the highest possible clinical quality standards, increasing access to care, improving patient outcomes and reducing overall health care costs across the CVS Health enterprise. Dr. Chaguturu previously served as chief medical officer of CVS Caremark, where he provided clinical oversight of the pharmacy benefits manager.
Before joining CVS Health, Dr. Chaguturu was chief population health officer of Mass General Brigham, the largest health care system in
Dr. Chaguturu earned his bachelor's degree in biology from Brown University and his doctorate of medicine from Brown University Medical School. He completed his internal medicine and primary care training at Massachusetts General Hospital.
On its most recent earnings call, the company highlighted recent positive trends in the Health Care Delivery business:
- Aetna members served by Signify have nearly doubled compared to last year, supported by our ability to use touchpoints across CVS Health.
- Enterprise connections continue to accelerate patient growth at Oak Street. At-risk membership is up 32 percent from the same quarter last year and the number of Aetna members enrolled at Oak Street has approximately quadrupled since the close of the acquisition.
- Oak Street Health, Signify Health, and MinuteClinic all represent ways the company is building a world of health around every consumer.
"Health Care Delivery connects the dots for the people we care for, as we provide better care in our Oak Street Health clinics, in our pharmacies at MinuteClinic, and at home through Signify Health," said Dr. Chaguturu. "We will continue to keep our patients front and center of every decision we make. As we succeed in our work, it means more than 185 million people in our country live better lives. This is what we are capable of at CVS Health when we stay focused on delivering the best care for our friends, family, and neighbors."
About CVS Health
CVS Health® is the leading health solutions company, delivering care like no one else can. We reach more people and improve the health of communities across America through our local presence, digital channels and over 300,000 dedicated colleagues — including more than 40,000 physicians, pharmacists, nurses and nurse practitioners. Wherever and whenever people need us, we help them with their health — whether that's managing chronic diseases, staying compliant with their medications or accessing affordable health and wellness services in the most convenient ways. We help people navigate the health care system — and their personal health care — by improving access, lowering costs and being a trusted partner for every meaningful moment of health. And we do it all with heart, each and every day. Follow @CVSHealth on social media.
Media contact
Ethan Slavin
860-273-6095
Ethan.Slavin@CVSHealth.com
Investor contact
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800-201-0938
InvestorInfo@CVSHealth.com
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SOURCE CVS Health
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