CINCINNATI–Cincinnati-based addiction treatment provider BrightView Health has named Dr. R. Corey Waller as its new chief medical officer. The move also marks the transition of one of its founders to a new role with the company. Waller succeeds BrightView Health co-founder Dr. Shawn Ryan in the chief medical officer role. Ryan now has the title…
Lifepoint Health’s startup incubator, 25m Health, launches six companies
BRENTWOOD, Tenn.–25m Health announced that it launched six companies and invested in five more in its first year of operation. The Nashville-based healthtech incubator was formed in November 2021 by a joint venture between Lifepoint Health®, 25madison and Apollo Global Management (NYSE: APO). Its growing portfolio of innovative startups all target solutions aimed at improving access to high quality…
Amedisys Inc. terminates president and CEO, effective immediately
NASHVILLE, Tenn. — Amedisys Inc. has announced that its president and CEO, Chris Gerard, will leave the company. That move is effective immediately. Current Chairman Paul Kusserow will take back over the CEO role until a replacement is hired. Kusserow was the longtime CEO of Amedisys, serving in that seat for seven years prior to…
Wayne Smith to retire as Community Health Systems executive chairman
FRANKLIN, Tenn.–Community Health Systems, Inc. (NYSE:CYH) announced today that Wayne T. Smith will retire from his role as Executive Chairman of the Board of Directors, effective January 1, 2023. Smith will continue to serve as the non-executive Chairman of the Board. This transition is the culmination of a leadership succession plan that began in January…
Centene to sell a specialty benefit management business for $750M in latest divestiture
ST. LOUIS — Centene Corporation (NYSE: CNC) announced today that it has successfully completed the previously announced divestiture of Magellan Rx to Prime Therapeutics LLC (Prime). “We are pleased to continue delivering on our value creation plan with the closing of this transaction, positioning us to remain focused on our core business and strategic priorities on behalf…
New investment firm forms in St. Louis – Clayton-based Purivitae Ventures (PV)
ST. LOUIS–Purivitae Ventures (PV), a partnership and investment platform in consumer healthcare and wellness products and brands, today announced that it will acquire QUADROPRESS, a thriving eCommerce business that sells workout devices and related accessories. With its performing product lineup, its large community of dedicated customers and its highly organized eCommerce operations, QUADROPRESS positions PV…