LHC Group Inc. (Nasdaq: LHCG) announced Monday that Dale Mackel has joined the company as its next chief financial officer.
Since 2016, the CFO position has been held by LHC Group’s current president, Joshua Proffitt.
“The LHC Group team of leaders is one of the deeper and more experienced in all of health care, with an established track record of care for the patients, families and communities we are privileged to serve throughout the country,” LHC Group CEO Keith Myers said in a press release. “Dale’s core values align with the mission and vision of LHC Group, which combined with his experience, made him the ideal fit to help us accelerate our work in payment innovation and models to thrive in the rapidly developing future of value-based care.”
Lafayette, Louisiana-based LHC Group is a provider of home health, hospice and personal care services. Its 32,000 employees deliver care in 35 states and Washington, D.C.
Mackel was formerly with BlueCross BlueShield of Nebraska, where he held the role of CFO while also serving as executive VP of finance and administration since 2016. Prior to BlueCross BlueShield of Nebraska, Mackel was Aetna’s market president for Nebraska, Iowa, North Dakota and South Dakota.
The hiring of Mackel — a managed care veteran — comes as LHC Group and other in-home care providers ramp up their participation in accountable care organizations (ACOs), bundled payments and other value-based payment mechanisms.
“LHC Group is on the forefront of value-based care with a long history of working closely with payers and joint venture partners,” Mackel said in the press release. “Its national reputation for the highest quality and patient satisfaction within the in-home health care industry, as well as their significant near-term and long-term growth potential, made this a very attractive opportunity for me and my family.”
Guerisoli takes over as Pennant’s president
The Pennant Group Inc. (Nasdaq: PNTG) has named Brent Guerisoli as the company’s new president. Pennant’s current president and CEO, Daniel Walker, will continue with the company as its CEO.
The company also also announced that Brian Wayment would take helm of Cornerstone Healthcare as its president.
The Eagle, Idaho-based Pennant Group is the parent company of a slew of affiliated home health, hospice and senior living organizations, which includes Cornerstone Healthcare. In 2019, Pennant was spun off from The Ensign Group (Nasdaq: ENSG).
Within its network, Pennant has 73 home health and hospice agencies, along with 54 senior living communities, in 14 states.
“I joined the organization because I was attracted to our operating model built around empowering and supporting local leaders that are seeking unique opportunities to build health care operations that provide life-changing service,” Guerisoli said in a press release. “I am honored to serve as president of Pennant and look forward to supporting our current and new local Pennant leaders as we seek to be the provider of choice in health care communities across the country.”
SCAN announces new CFO, board chair
SCAN Group, the holding company of SCAN Health Plan, has announced that Michael Plumb has been named chief financial officer. Dr. Linda Rosenstock has also been elected as SCAN’s new board chair.
Founded in 1977, SCAN Health Plan is one of the largest not-for-profit Medicare Advantage (MA) plans in the country, serving more than 220,000 members in the state of California.
Rosenstock joined the SCAN board of directors in 2017 and is the dean emeritus of the UCLA Fielding School of Public Health. She previously served as Director of the National Institute for Occupational Safety and Health in the U.S. Department of Health and Human Services (HHS).
“Rosenstock is committed both to public health and to addressing the social determinants of health that can play an outsize role in affecting outcomes,” Dr. Sachin H. Jain, the president and CEO of SCAN Group and SCAN Health Plan, said in a press release. “I’m confident she’ll provide SCAN with guidance and leadership as we seek out new and innovative partnerships not just to address illness, but to keep seniors healthy as they age.”
On his end, Plumb previously served as CFO of CareMore Health and Aspire Health.
“With his deep knowledge of health care finance and Medicare Advantage, Michael is perfectly poised to play a leadership role in maintaining SCAN’s sound financial footing as well as in new business development and diversification,” Jain said.