Traditions Health names new president and CEO
Traditions Health LLC has named David Klementz its new president and CEO.
College Station, Texas-based Traditions Health is a growing home health and hospice provider that currently serves 5,000 patients across fourteen states. Backed by PE firm Dorilton Capital, the provider has acquired multiple post-acute care businesses since the start of 2021.
In his new role, Klementz succeeds Bryan Wolfe, who will continue to serve as a member of Traditions Health’s board of directors. Wolfe has been at the helm of the company for the past 13 years.
“It has been my desire and plan to eventually serve solely as a member of the Traditions Health board when the company was able to support this role,” Wolfe said in a press release.
Prior to his appointment as president and CEO, Klementz was the chief strategy officer at Encompass Health Corp. (NYSE: EHC), whose home health and hospice segment ranks as one of the biggest providers in the country. He spent 15 years at Encompass, which is now exploring strategic alternatives for its home health business.
“I look forward to working closely with Bryan to continue to grow Traditions, and for Traditions to be the employer and provider of choice in the communities we serve,” Klementz said.
WellSky adds new CFO
Akash Raj has joined WellSky as its next chief financial officer.
WellSky is an international software and professional services company with clients that include home health providers, hospital systems, blood banks, labs, hospices, government agencies and human services organizations. The company serves more than 20,000 clients.
With his background working at Fortune 500 companies, Raj is a key hire for WellSky, at a time when the company is leaning in on its growth strategy.
“I’m excited to join WellSky during this period of exponential growth and expansion,” Raj said in a statement. “WellSky has established itself as an industry leader with a strategic vision for connecting the care continuum to improve health outcomes and lower costs. I look forward to working with the company’s talented leadership team and board of directors, and applying my cumulative experience to support business initiatives and drive enterprise value creation.”
Raj brings more than 15 years of experience to his new role. He previously served as senior vice president and CFO of Motorola Solutions Inc.’s software and services segment.
Before his time at Motorola, Raj was a member of the General Motors corporate finance and treasury team. He has held a number of leadership roles across risk management, business development, capital markets and corporate restructuring.
During his time at General Motors he had a hand in preparing the company for its initial public offering.
onehome expands leadership team and advisory board
onehome — a home-focused post-acute care company that operates under a full-risk model — has made a number of executive hires and advisory board appointments.
As a company, Miramar, Florida-based onehome partners with payers by entering into full-risk capitation agreements for skilled home health care, durable medical equipment (DME) and home infusion services.
onehome has named Robin Heffernan chief product and strategy officer. Prior to onehome, she was the COO at LogistiCare.
The company also named Chris Sullivan its executive vice president of development. Sullivan previously served as executive vice president of strategy and development at HealthHelp.
Laurie Colasanti also joined the company as chief human resources officer.
Additionally, onehome announced additions to its board of advisors, including Chairman Rick Glanz.
“For many of us, the opportunity to serve onehome as advisors feels like the culmination of years of planning and anticipation to arrive at this moment,” Glanz said in a statement. “Enhanced care in the home is on the cusp of transforming how and where health care is delivered in this country. It will be our role to help raise that momentum to the next level, implementing enhanced home care for healthcare plans and their members nationwide.”
Prior to joining the board, Glanz was co-founder and CEO of decision-support technology resource SeniorMetrix, an enterprise serving over 1 million Medicare Advantage members.
The company also added Gregg P. Allen, Scott Vasey and Timothy E. Nolan to the board. Allen is a board-certified family physician with over 40 years of experience. Vasey is the senior vice president of network management at AmeriHealth Caritas. Nolan is the CEO and founder of TEN Healthcare, LLC.