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TMCNet:  naviHealth Names Clay Richards as CEO [Professional Services Close - Up]

[December 26, 2013]

naviHealth Names Clay Richards as CEO [Professional Services Close - Up]

(Professional Services Close - Up Via Acquire Media NewsEdge) naviHealth announced Clay Richards has added the title of chief executive officer.

According to a release, naviHealth also announced the addition of Karey Witty as the company's executive vice president and chief financial officer.

"This has been a terrific year for naviHealth," said Tom Scully, chairman of naviHealth and General Partner, Welsh, Carson, Anderson and Stowe. "We are excited about being on the cutting edge of modernizing post-acute care. The overwhelming market interest shows that both insurers and providers recognize the value of the company's offering. The 2014 roll-out of CMS's Bundled Payments for Care Improvement initiative, in which naviHealth is a leading participant, will make 2014 an even bigger game-changer." Richards has served as the company's president since its founding in 2012.

Scully said, "Since our founding two years ago, Clay has played an integral role in nearly every element of naviHealth's development. His leadership in constructing a first-class team as well as his terrific relationship with clients made it clear that it was time for Clay to formally add this title." Prior to joining naviHealth, Richards spent five years with Healthways, Incl.

Witty will oversee all financial management, technology and analytics activities at the company and play a key role in the evaluation of strategic and business development opportunities.

Witty has served as CFO for HealthSpring Inc., as well as CFO for Centene Corp.

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