Chutes & Ladders – Trinity Health Appoints New CFO, EVP; Tufts Health Plan, Harvard Pilgrim Hires New CEO
Welcome to Chutes & Ladders this week, our roundup of hires, layoffs and retirements across the industry. Please submit good or bad news from your store, and we’ll feature it here at the end of each week.
Daniel Isacksen Jr., has been selected as the new Executive Vice President and Chief Financial Officer of Trinity Health.
From July 4, he will lead all financial functions of the system and those of its health services. This includes financial business development, treasury, financial reporting, payer strategies, and revenue excellence.
Isacksen has spent the past eight years at Loyola Medicine in Illinois, which is also part of Trinity. He most recently served as Executive Vice President and Regional CFO and is credited with the strategic and operational turnaround of the system. He has been active in Catholic health organizations for about 25 years.
Isacksen succeeds Cynthia Clemence, who was due to retire but who extended her tenure as interim CFO during the pandemic.
Tufts Health Plan and Harvard Pilgrim Health Care
Cain Hayes has been appointed new CEO of Tufts Health Plan and Harvard Pilgrim Health Care.
Currently president and CEO of the Pittsburgh-based managed care organization Gateway Health, Hayes has also served as president and chief operating officer of the healthcare business of Blue Cross and Blue Shield of Minnesota, as well as president of various divisions of Aetna.
Hayes joins following the merger of two not-for-profit health insurance and services companies, announced Jan. 1. He replaces Tom Croswell, who has held the post since then and will move on to an advisory role until the end of July.
Hayes’ appointment takes effect July 5 and follows the Massachusetts paymaster’s nationwide search for a new CEO.
Mayo Clinic Health System
Prathibba Varkey, MBBS, will step into the role of President at Mayo Clinic Health System on August 16, the system announced.
Varkey previously worked for the organization as a practitioner at the Mayo Clinic in Rochester, during which the organization said it was leading quality improvement, faculty development and medical education initiatives.
In 2013, she left to become CEO of Seton Clinical Enterprise and followed that up with a run as CEO of Northeast Medical Group within Yale New Haven Health.
In her next role, she will work alongside Executive Director Mary Jo Williamson to lead system strategy and operations. She succeeds Bobbie Gostout, MD, who retired late last year.
Shawn guertin was named this week as the next CFO of CVS Health, starting May 28.
He will report to CEO Karen Lynch while leading the company’s financial strategy and operations, including investor relations, financial accounting and reporting, mergers and acquisitions and capital planning.
Guertin has already eight years at Aetna now merged to his credit. He held titles there, including Chief Financial Officer and Chief Risk Officer until his departure in 2019.
Guertin previously held leadership roles at Coventry Health Care, UnitedHealthcare and The Travelers. He also recently served on the boards of TriNet and DaVita Kidney Care.
He will succeed Eva Boratto, who had been with CVS Health for 11 years.
> Commure, a healthcare software company, operated Ashwini zenooz, MD, as president and chief medical officer.
> MelroseWakefield Healthcare will lose CEO Susan sandberg, who plans to step down in July.
> Lirio, the creator of an AI platform for behavior change, brought Marten Den Haring on board as the new CEO.
> The Institute for the Improvement of Health Care added four to its board of directors: Tosan Boyo, Yvonne coghill, Rebekah Gee, MD and Kara Odom Walker, MD
> Hygieia, a digital insulin therapy management company, has appointed William pruitt to the newly created Vice President of Sales.
> Dina, an AI home care platform, set up Robert maluso as director of growth.
> Signify Health named Tracey Scraba as assistant lawyer and Lisa Wagamon as responsible for the development of the network.
> Illumina, a health and life sciences genome sequencing company, has appointed Susan tousi as sales manager and Alex Aravanis, MD, as Chief Technology Officer and Head of Product Research and Development.
> Smart medical objects, a healthcare data activation company, has hired Dale sanders as director of strategy.
> BaytechIT, a managed service provider and value-added reseller, added Fred mills as the new vice president of sales.
> Dream foundation, an organization that responds to end-of-life requests for terminally ill patients, added Alexandrian Cherry to its board of directors.
> Alveo Technologies, diagnostic company, appointed Neil gunn to its board of directors.