AccentCare announces new chief financial officer
Ryan Solomon is joining AccentCare Inc. as its new chief financial officer.
Dallas-based AccentCare is a post-acute care organization that has more than 170 locations nationwide. Its service lines include skilled home health and personal care services, along with hospice care, private-duty nursing and care management.
In his new role, Solomon will be responsible for the company’s finance, accounting, treasury, tax and corporate development functions.
“We are excited to have Ryan join AccentCare,” Steve Rodgers, CEO of AccentCare, said in a press release. “His experience in building the financial infrastructure and intelligence needed to support high growth organizations such as AccentCare enables our continued market-leading, organic growth and M&A strategies.”
Prior to joining AccentCare, Solomon was the CFO for Apple Leisure Group, a travel and hospitality conglomerate. Before that, he served in various finance and corporate development leadership roles at American Airlines.
Solomon joins AccentCare at a key point in the post-acute care company’s history, as the company recently changed PE ownership from Oak Hill Capital Partners to Advent International.
“They have been great partners,” Rodgers told Home Health Care News. “We have been at the table with them since before the transaction. They have essentially allowed us to take the company to the next level.”
BrightStar Care names new chief strategy officer
BrightStar Care has named Dean Ulizio as the company’s new chief strategy officer.
BrightStar Care is a Chicago-based in-home care franchise that offers medical care, non-medical care and medical staffing. Currently, BrightStar has more than 300 locations across the U.S. and Canada.
Prior to his recent appointment as CSO, Ulizio was BrightStar Care’s EVP of global strategic development. Before that, Ulizio was the senior vice president of technology at BrightStar Care. He first joined the company as the president of a BrightStar Care franchise in Colorado.
Ulizio brings more than a decade of experience to his new role, which will center around driving strategic growth in BrightStar senior living communities and product development.
“BrightStar Care is well-positioned to take advantage of today’s powerful health care industry trends for increased care in the home and more holistic solutions for people with complex needs,” Ulizio said in a statement. “It is an exciting time to be part of this team and have the opportunity to work with our partners to find new and better ways we can deliver the highest quality care to our clients.”
BrightStar is the rare example of an in-home care franchise company that has also expanded into senior living communities. BrightStar has three “BrightStar Senior Living” communities established in Wisconsin and Indiana, with two more that are already under or nearing construction in Michigan and Ohio.
We see a lot of the families that we work with that might eventually progress to needing and asking us for a recommendation to a higher-acuity assisted living or memory care community,” founder and CEO Shelly Sun previously told HHCN. “And we wanted to be a part of our family’s journey throughout their lifetime, so we saw this as a natural extension of our brand.”
Christine Spadafor joins Kindred at Home’s board of directors
Home health giant Kindred at Home has appointed Christine Spadafor tof its board of directors.
Atlanta-based Kindred at Home provides home health, personal care and community care services, as well as hospice, palliative care, skilled nursing, social service and therapy in almost 800 locations across 40 states.
In 2018, Humana Inc. (NYSE: HUM) and two private equity firms — TPG Capital and Welsh, Carson, Anderson & Stowe — took over Kindred at Home in a $4.1 billion deal.
Spadafor — a former ICU nurse — will chair the board’s quality and compliance committee.
“Christine Spadafor brings more than twenty-five years of leadership in strategic planning,
operations, risk management and regulatory initiatives,” David Causby, CEO of Kindred at
Home, said in a press release. “Christine’s background in health care, business, and law provides a unique perspective that will be invaluable to Kindred at Home’s board, our staff and the patients we serve.”
Previously, Spadafor was a partner in The Boston Consulting Group. She was also CEO of SpadaforClay Group, a Harvard Square management consulting firm she founded in 2004.
Earlier this month, Humana announced that — after initial speedbumps — Kindred at Home was fully integrated and performing well overall.
“Kindred at Home is … performing well,” Humana CFO Brian Kane said during the company’s 2019 Q4 earnings call. “We hope to continue to see strong EBITDA growth, notwithstanding the change in the [home health] payment model.”