The leaders of value-based care enterprise Wellvana Well being LLC have recruited veteran healthcare government Jim Murray to be the corporate’s president and chief monetary officer.
Murray involves Nashville-based Wellvana, which was based in 2018 to work with physicians, well being methods and payers on accountable care organizations, after being CEO of VillageMD since late 2024. He’ll oversee the finance and operations groups of Wellvana, which has a presence in 40 states and greater than 800,000 sufferers in its networks because of a big acquisition accomplished final March.
“I’ve identified Jim for years and have seen his management up shut. He understands what it takes to align operations and medical to construct and ship modern complete cost-of-care methods,” Susan Diamond, Wellvana’s CEO, wrote on LinkedIn. “I’m excited to welcome him to Wellvana and assured he’ll be an amazing asset to our companions and the sufferers they serve.”
Murray had joined VillageMD as president and chief working officer in April 2024, about six months after majority proprietor Walgreens Boots Alliance Inc. stated it would shut 60 clinics and some weeks after then-new CEO Tim Wentworth hit the brakes on additional growth of main care providers. He stepped as much as CEO of the clinic enterprise about seven months later after Tim Barry had left and Walgreens executives stated they deliberate to promote at the very least a few of Village’s property.
Earlier than his time at Village, Murray was COO and chief transformation officer at medical insurance holding firm Centene Corp., which he joined when Centene acquired behavioral well being supplier Magellan Well being in early 2022. Beforehand, he spent almost three many years at Humana Inc., rising to carry a number of senior finance and operations roles.
Wellvana’s recruitment of Murray comes about three months after the corporate’s board completely appointed Diamond—who’s additionally a veteran Humana government—to be CEO. Diamond had stepped in as interim CEO, president and CFO final July after the exit of Kyle Wailes.
That change occurred 4 months after Wellvana had acquired the Medicare Shared Financial savings Program enterprise of CVS Well being Corp.’s accountable-care group. In a later U.S. Securities and Change Fee submitting, CVS executives stated the worth of that transaction was not materials to the corporate’s monetary statements however famous that CVS recorded a $236 million pre-tax loss on the deal.
