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Oak Street Health Announces Leadership Changes

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Oak Street Health (NYSE: OSH) has announced a leadership transition effective January 1, 2022. Geoff Price, previously COO, will assume the role of Chief Innovation Officer, while Brian Clem, who has been President since 2019, will take on the COO position. Under Price's guidance, Oak Street Health has grown to over 4,000 employees and serves more than 132,000 Medicare patients across 19 states. This transition aims to enhance the company’s innovative approach to healthcare, ensuring a continued focus on quality over volume in patient care.

Positive
  • Geoff Price's new role as Chief Innovation Officer may lead to innovative growth strategies.
  • Brian Clem's promotion to COO leverages his experience in overseeing operational excellence.
Negative
  • None.

CHICAGO--(BUSINESS WIRE)-- Oak Street Health, Inc. (NYSE: OSH, or the “Company”), a network of value-based primary care centers for adults on Medicare, today announced that Chief Operating Officer (COO) Geoff Price will transition to the newly formed role of Chief Innovation Officer. Oak Street Health’s current President, Brian Clem, will transition to the COO role. These moves are effective as of January 1, 2022.

Under Price’s leadership, Oak Street Health has built a team of more than 4,000 Oakies across 19 states that provide the best care anywhere to over 132,000 older adults. His commitment to diversity, equity and inclusion makes Oak Street Health a great place to work for teammates and enables an unmatched experience for patients. In his role as Chief Innovation Officer, Price will lead strategic efforts to expand the Company’s model.

Clem joined Oak Street Health in 2015 as a field leader and has led all field operations since his promotion to President in 2019. He has successfully led the Company’s 3,000+ center-based teammates as they deliver superior clinical outcomes to patients. As COO, he will maintain leadership over field teams and expand his scope to include Oak Street Health’s clinical and outreach call centers, creating a single owner over the entire end-to-end patient journey.

“Both Geoff and Brian have been instrumental in building Oak Street Health into a leading healthcare provider and employer, and advancing our mission of rebuilding healthcare as it should be,” said Mike Pykosz, Chief Executive Officer of Oak Street Health. “As we look ahead to 2022, I am thrilled to see Geoff step into a new role that enables him to further identify innovative ways for us to grow and evolve our model. Brian’s transition to COO is a natural step as he has demonstrated his leadership and ability to successfully drive our operations and teams in the field.”

To learn more about Oak Street Health, click here.

About Oak Street Health

Founded in 2012, Oak Street Health is a network of value-based primary care centers for adults on Medicare. With a mission of rebuilding healthcare as it should be, the Company operates an innovative healthcare model focused on quality of care over volume of services, and assumes the full financial risk of its patients. Oak Street Health currently operates more than 125 centers across 19 states and is the only primary care provider to carry the AARP name. To learn more about Oak Street Health’s proven approach to care, visit oakstreethealth.com.

Media Contact:

Erica Frank

Vice President of Public Relations

Erica.Frank@oakstreethealth.com

Investors Contact:

Sarah Cluck

Head of Investor Relations

Sarah.Cluck@oakstreethealth.com

Source: Oak Street Health

FAQ

What is the leadership change at Oak Street Health?

Geoff Price is transitioning to Chief Innovation Officer, and Brian Clem will become the Chief Operating Officer as of January 1, 2022.

How will the leadership changes impact Oak Street Health?

The changes aim to enhance innovation and operational management, potentially improving patient care quality.

Who is the new COO of Oak Street Health?

Brian Clem is the new Chief Operating Officer, succeeding Geoff Price.

What achievements led to the leadership changes at Oak Street Health?

Geoff Price expanded the workforce to over 4,000 and improved care for 132,000 Medicare patients, while Brian Clem has successfully managed field operations since 2019.

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