STOCK TITAN

Modivcare Announces Appointment of Anne Bailey as President of its Home Division

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
management
Rhea-AI Summary

Modivcare Inc. recently appointed Anne Bailey as President of its Home division, a significant move aimed at expanding the company's geographic footprint and enhancing customer relationships. L. Heath Sampson, the CEO, emphasized Bailey's extensive experience in healthcare as a vital asset for driving growth and improving service quality. With over 25 years in leadership roles, including at DaVita, Bailey's focus on patient-centered care aligns with Modivcare's mission to deliver high-quality supportive services. The Home division is crucial for Modivcare's long-term strategy, offering personal care, remote monitoring, and meals.

Positive
  • Appointment of Anne Bailey as President of Home division expected to enhance leadership quality.
  • Bailey's extensive experience in healthcare could drive growth and innovation in services.
Negative
  • Concerns regarding continuity and experience gaps following Bailey's transition from DaVita.

DENVER--(BUSINESS WIRE)-- Modivcare Inc. (the “Company” or “Modivcare”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving health outcomes, today announced the appointment of Anne Bailey as President of its Home division.

“I am confident Anne is the right leader for our Home division as we expand our geographic footprint, enhance customer relationships, and drive innovative growth solutions,” said L. Heath Sampson, President and Chief Executive Officer of Modivcare. “To advance our growth strategy and become One Modivcare, we must align our people, processes, and technology, which includes investing in the best talent to lead our organization. Anne’s wealth of experience in the healthcare industry will help bolster the strong caliber of our leadership team at Modivcare, and together we are committed to driving results, scaling for growth, and delivering a superior member and customer experience. Our Home division, which includes personal care services, remote patient monitoring, and meals, is a key driver of our long-term growth strategy.”

“I am thrilled to join Modivcare and believe strongly in our mission to provide high-quality services to our members,” said Anne Bailey. “Throughout my career in healthcare, I have focused on dual aims of creating a team culture of caring and deep connection paired with the highest-quality care and outcomes. At Modivcare, we provide supportive care services at a critical time and place, helping our customers age safely in their own homes. Our services address social determinants of health while reducing costs for customers and the healthcare system. I’m excited to lead Modivcare’s Home division as we expand these needed services into a national platform.”

Anne has over 25 years of executive leadership experience in the healthcare industry, including payor and revenue strategy, insurance, and communications. Most recently, Anne was a senior executive and Group Vice President at DaVita, a Fortune 250 healthcare company. Anne was also a founding member of DaVita’s Power of Women group and led DaVita’s community giving for many years. Additionally, she has experience working with lawmakers to advance healthcare policies. Prior to DaVita, Anne was at Bain & Company, where she led consulting teams focused on domestic and international growth strategies. Anne has served as President of the Chronic Disease Coalition and sits on the boards of CU Denver Business School, City Year Denver (emeritus), Amp the Cause, and OI Infusion. Anne holds a Bachelor’s degree from the University of California, San Diego, a Master’s of Science in Information Systems from the University of Colorado, and a Master’s of Business Administration from The Wharton School.

About Modivcare

Modivcare Inc. (Nasdaq: MODV) is a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions for public and private payors and their members. Our value-based solutions address the social determinants of health (SDoH), enable greater access to care, reduce costs, and improve outcomes. We are a leading provider of non-emergency medical transportation (NEMT), personal care and remote patient monitoring. To learn more about Modivcare, please visit www.modivcare.com.

Media

Kate Zerone

Director, Ombudsman & Communications

kate.zerone@modivcare.com

Investors

Kevin Ellich

Vice President, Head of Investor Relations

Kevin.ellich@modivcare.com

Source: Modivcare Inc.

FAQ

Who is the new President of Modivcare's Home division?

Anne Bailey has been appointed as the new President of Modivcare's Home division.

What experience does Anne Bailey bring to Modivcare?

Anne Bailey has over 25 years of executive leadership experience in healthcare, including roles at DaVita.

What is the significance of the Home division for Modivcare?

The Home division is crucial for Modivcare's long-term growth strategy, providing essential services like personal care and remote patient monitoring.

How might Anne Bailey's appointment affect Modivcare's growth strategy?

Her appointment is expected to enhance leadership and innovate growth solutions, focusing on expanding services and improving customer experiences.

ModivCare Inc.

NASDAQ:MODV

MODV Rankings

MODV Latest News

MODV Stock Data

255.11M
14.08M
1.43%
114.92%
4.34%
Medical Care Facilities
Transportation Services
Link
United States of America
DENVER