Sema4 Announces Plans to Strengthen its Market Access Team to Drive Improved Commercial and Reimbursement Capabilities

Rhea-AI Summary

Sema4 has appointed industry veteran Jerry Conway as Senior Vice President of Market Access to enhance coverage and reimbursement capabilities for its genomic solutions. With over 30 years of experience, Conway will lead initiatives aimed at improving partnerships with payers and clinicians. His appointment is part of Sema4's strategy to expand its Market Access team and strengthen its position in the healthcare market. The focus will be on value-based payment models, demonstrating the effectiveness of Sema4's offerings in optimizing health outcomes and reducing costs.

Positive

• Appointment of Jerry Conway, an experienced leader, to strengthen market access initiatives.
• Plans to enhance commercial and reimbursement capabilities.
• Focus on value-based payment models to improve health outcomes and reduce costs.

Negative

• None.

30-year industry veteran, Jerry Conway, joins Sema4 as Senior Vice President of Market Access to lead the team

STAMFORD, Conn., Feb. 01, 2022 (GLOBE NEWSWIRE) -- Sema4 (Nasdaq: SMFR), an AI-driven genomic and clinical data intelligence platform company, today announced plans to strengthen its Market Access team to drive increased market access for the company’s platform. The team’s key initiatives include improving commercial and reimbursement capabilities, developing new partnerships and strengthening existing relationships with payers and clinicians, and establishing broader patient access.

Jerry Conway has been appointed Senior Vice President of Market Access to lead these initiatives and to accelerate other market access initiatives already underway at Sema4. He will report to Isaac Ro, Chief Financial Officer. Mr. Conway has industry-leading experience working effectively with payers to obtain broad coverage across a variety of models throughout the industry, including value-based payment from Medicare, employers, and commercial payers. He brings more than 30 years of experience across Fortune 500 and start-up companies, including Foundation Medicine, Genzyme Genetics, and, most recently, Scipher Medicine where he served as Senior Vice President of Market Access and Corporate Development.

Under Mr. Conway’s leadership, Sema4 plans to expand its Market Access team and payer-specific programs to enhance coverage and value-based payment of the company’s market-leading portfolio of genomic solutions, Centrellis^®-powered insights, and data science capabilities. The team will engage with payers to further highlight the value of its offerings, demonstrating how Sema4 can uniquely optimize the clinician and patient experience, improve health outcomes, and reduce costs.

“Market Access is a key area of strategic focus for Sema4,” said Mr. Ro. “Jerry brings a complementary skillset and a longstanding track record of success to Sema4, which will help accelerate our commercial strategy. I am delighted to welcome him to the team and look forward to his future contributions.”

“I am excited to join Sema4 because it is enabling precision medicine solutions that benefit patients, payers, and the healthcare system,” said Mr. Conway. “I am looking forward to working with my new colleagues at Sema4 to further expand market access to our platform and to further drive the company’s mission of transforming healthcare through data-driven insights.”

About Sema4

Sema4 is a patient-centered health intelligence company dedicated to advancing healthcare through data-driven insights. Sema4 is transforming healthcare by applying AI and machine learning to multidimensional, longitudinal clinical and genomic data to build dynamic models of human health and defining optimal, individualized health trajectories. Centrellis^®, our innovative health intelligence platform, is enabling us to generate a more complete understanding of disease and wellness and to provide science-driven solutions to the most pressing medical needs. Sema4 believes that patients should be treated as partners, and that data should be shared for the benefit of all.

For more information, please visit sema4.com and connect with Sema4 on Twitter, LinkedIn, Facebook and YouTube.

Investor Relations Contact:
Joel Kaufman
Sema4
investors@sema4.com

Media Contact:
Radley Moss
Sema4
radley.moss@sema4.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d03e1eea-b490-4629-bad3-a4acadc7d88e

FAQ

What is the significance of Jerry Conway's appointment at Sema4?

Jerry Conway's appointment as Senior Vice President of Market Access is significant as he brings over 30 years of experience to enhance Sema4's market access initiatives, particularly in improving reimbursement capabilities.

How will Sema4's Market Access team impact the company's growth?

Sema4's Market Access team, led by Jerry Conway, aims to enhance coverage and partnerships with payers, which is expected to drive growth by increasing access to its genomic solutions.

What initiatives will Sema4 focus on under Jerry Conway's leadership?

Under Jerry Conway's leadership, Sema4 will focus on improving commercial capabilities, developing partnerships with payers, and expanding payer-specific programs to enhance access to its genomic solutions.

What are Sema4's goals in the healthcare market?

Sema4 aims to transform healthcare by providing data-driven insights and precision medicine solutions that improve patient outcomes and create value-based healthcare models.

What is the stock symbol for Sema4?

The stock symbol for Sema4 is SMFR and for its warrants is SMFRW.